Business

The combined group will be headquartered in Vancouver, in Canada, but will retain it primary listing in London.

Nikhil Rathi, chief executive of the Financial Conduct Authority, said he hopes that most payouts to drivers will be made during 2026.

London-listed Anglo American is to merge with Canada’s Teck Resources in a deal that creates a copper-focused mining giant worth more than $50 billion.

A top economist cautioned that workers are clinging onto roles as opportunities thin out and competition for jobs intensifies.

Members of the RMT union are taking industrial action in a dispute over pay and hours.

Members of the UCU will be balloted on whether to take industrial action.

Moneyfacts said the combined number of 5% and 10% deposit deals in September was at its highest on record since 2008.

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The historic Standard Life name is to return to the FTSE 100 index as part of a rebranding by Phoenix Group.

Primark’s owner Associated British Foods and John Lewis Partnership are set to give investors an update on recent trading.