Source - SMW
A summary of Friday's business headlines. Coverage of Brexit, UK's sterling and economy, Tata, Snapchat, Cobham, Vauxhall, Argo, Sainsbury, Drax, Shire, General Motors, Wizz Air, and much more ...


Turkey border gridlock hints at pain to come for Brexit Britain

London will still beat Paris after Brexit, says Ardian chief

Digital banker fears Brexit will damage competition

Neuberger attacks 'enemies of the people' criticism

Labour party fights to avoid Copeland by-election humiliation

Snapchat owner cuts IPO valuation from $25bn to $18.5bn

Tata in turmoil: the battle inside India's biggest business

One million US consumers behind on car loan payments

Lloyd's of London bans alcohol during work hours

Bets on Fortress placed before bid news yield 400% profit

US and European stocks pause as reflation trade falters

French bond trading soars on fear of populist wave

China Inc hits brakes on foreign property investment

Global stocks hit new high for first time since 2015

China makes record cuts to US Treasuries holdings


Cobham shares nosedive after fifth profit warning

Clark holds Paris talks as Vauxhall job fears mount

French bond trading doubles over election fears

Defeated bidders on HS2 contract may go to court

Scant hope of rescue as Cobham plummets into mess of its own making

Gas storage site may be out of action


Samsung heir Lee Jae-yong arrested amid bribery allegations

Business Secretary heads to Paris for crisis talks over future of Vauxhall UK jobs

Banks caution against 'significant' overhaul of pay rules

Lloyd's of London to appoint Bruce Carnegie-Brown as chairman

Drax investors unsettled by plan to shake up dividends

Bob Diamond's Barclays lieutenant exits Atlas Mara

Argos staff paid below minimum wage, Sainsbury's admits

Shire's shares rally as pharma giant beats expectations

France's Le Pen faces trial by fire as markets attack 'franc' plan

Comment: General Motors' decision to quit Europe can't be blamed on Brexit

Comment: Don't bet against a sixth profit warning at Cobham

Comment: Nuclear is worth the trouble for energy security


Deutsche Bank has examined Trump's accounts for Russia links

Chief executives to earn 400 times the average worker by 2037

Argos fined £1.5m for paying less than the minimum wage

General Motors 'reassures' Greg Clarke over 4,500 Vauxhall jobs

Global stocks hit fresh all-time high

Snapchat slashes valuation by billions ahead of stock market flotation

Britain's best and worst supermarkets have been named

Fares war to Tel Aviv as fourth airline adds flights from Luton

Wizz Air will also offer a midnight plane to Georgia


Argos to pay £2.4m to 37,000 workers paid less than minimum wage

Debenhams tops UK shame list for underpaying staff

Employment growth driven by non-UK nationals

Samsung: Company princeling Lee Jae-yong formally arrested for corruption

Business rates rise is biggest issue for small firms in London

Deutsche Bank: Trump account examined for Russia links

Vauxhall future in UK secure, says business secretary

Brexit: Chancellor branded an 'economic illiterate'

Britons spend less on booze, fags and drugs


Retirement woes: shock 25% of those set to retire this year will still have debts

Cobham shares hit 11-year low as aerospace group fires fifth profit warning in 15 months

British jobs at risk as French car giant considers Vauxhall takeover

Hammond Brexit trade views are economically illiterate, blasts Thatcher's ex-adviser