Source - SMW
A summary of Thursday's business headlines. Coverage of UK election and Brexit, US rate rise, Bank of England policy meeting, Uber, oil, Yahoo, Camelot, Thames Water, Shell, Nike, Universal Studios, and much more ...


Ministers leave UK Brexit department in sign of tension with May

What the DUP will want for supporting Theresa May

Death toll in London tower block blaze rises to at least 12

Sleepwalking towards a chaotic Brexit

David Cameron calls on Theresa May to embrace 'softer' Brexit

Japan Inc's silence over Toshiba sends chill across Tokyo

Uber chief Travis Kalanick to take indefinite leave

Five tips for travelling at the back of a plane

BlackBerry joins UK start-up to monitor WhatsApp chat

Anbang chairman detained by Chinese government

Why China no longer fears the Fed

Five markets charts that matter for investors

Brussels insists on power to control euro clearing after Brexit

What is London's euro clearing market and why is Brussels worried?

Wall St sets records as techs and financials gain


Households feel pinch as pay falls behind inflation

Oil falls as US fracking stems efforts to cut global glut

Investors take aim at LSE's mistrusted upstart

Fed sets out plan to trim $4.5trn balance sheet as it increases rates

Productivity fell prey to austerity

Britain is in chaos, on way back to becoming the sick man of Europe


Brexit to prompt 'very few changes' at Rothschild as revenue soars

Telegraph names Nick Hugh chief executive as Murdoch MacLennan becomes deputy chairman

Yahoo lays off dozens of staff in UK office

BrightHouse posts plunge in profit as FCA probe continues to hit its performance

Camelot launches internal review as National Lottery sales plunge 

Thames Water hit with new fine over leakage as it reports profits plunge

Big cats roar again: Jaguar Land Rover opens classic car works

Remains of Quindell hit with £637m legal claim over law division sale


Workers' real pay falling at fastest rate since 2014

Shell given £112m tax rebate despite making billions in profits

How Salesforce's other CEO is championing equality in Silicon Valley

With Imperial Tobacco hiring a medical marijuana expert, what next?

BenevolentAI: London startup goes on hiring spree amid UK AI boom

Uber: another scandal, the CEO's going, but still the revenues roll in

EU launches antitrust investigation into Nike and Universal Studios


US Federal Reserve raises interest rates

Energy price cap: May is warned: don't break election pledge

Netflix and Amazon 'will overtake UK cinema box office spending by 2020'

Thames Water needs a drain after financial penalties

BAE 'secretly sold mass surveillance technology to repressive regimes'

Grenfell Tower: Managers were reviewing safety after fire at another block

Oil: Global glut set to continue despite efforts to prop up price

Mulberry: Terrorism and election uncertainty 'may have hit UK sales'


Debt warning: Cash-strapped Brits adding a tenner a day to their burdens - this is how

Apps are the reason Britons spend too much money after shops shut

City news: Mulberry, The Gym Group, Thames Water, Gemfields

Bellway shares hit high as housebuilder plays down Brexit impact