Markets, companies, and the deals moving them -- each story followed as new reporting comes in, not just a single snapshot.
The 5.375% 2056 gilt was sold via syndication with a yield of 5.8168%, exceeding the previous record of 5.79% set in May 1998. Investors placed £87.2bn in orders, with 71% from domestic buyers, and DMO chief Jessica Pulay cited "very strong participation from a broad variety of high-quality investors."
The Sloane Robinson building at the heart of the campus will focus on AI, cyber security, and new technologies. The eastern entrance is the first of three new access points, with Network Rail expecting 2.5 million passengers annually by 2030.
The cuts target salaried and management roles, sparing most hourly factory workers, and aim to save £1.7bn annually. JLR's sales slumped by a fifth to £22.9bn in the year to March, with the cyberattack and tariffs as main causes.
The Employment Appeal Tribunal upheld findings on night-time premiums, overtime premiums, and paid rest breaks, which Next will seek permission to appeal. Leigh Day, representing store workers, called the basic pay conclusion 'disappointing' and plans to appeal, while similar claims at Tesco, Asda, Morrisons, and Sainsbury's may be affected.
The DLR fleet was recalled within a month after a safety issue, and modifications have now been completed after a 'comprehensive programme of testing'. Meanwhile, a person was taken to hospital with potentially life-threatening injuries after the Walthamstow Central incident, which is not being treated as suspicious.