1. Glencore slips as investors seek damages over prospectus claims
Shares in Glencore PLC (LSE:GLEN) are firmly in the red after dozens of the world’s biggest asset managers accused it of lying in past share prospectuses to cover up corrupt activities.
2. UK car production surges driven by bumper EV demand
Production was turbocharged by the UK’s EV sector with combined volumes of all electric makes, including high-tech hybrid electrics and plug-ins, up 73.9% and representing almost two in five cars made in July.
3. Wilko job losses confirmed as full takeover bid falls flat
Some 269 roles at Wilko’s Worksop support centre in Nottinghamshire will face the axe, according to PwC, alongside 14 roles at subsidiary Kin Limited.
4. FTSE 100 fades to close lower
At the close, London's lead index was down 34.54 points at 7,439.13
5. Airlines demand payment for air traffic control chaos
Some 2,000 UK flights have been cancelled so far this week as airlines continue to reel from the issue, estimated to have affected around 300,000 passengers.