1. Troubled carmaker Stellantis boss quits with immediate effect
Tavares’ departure comes amid plummeting sales and job cuts at the Amsterdam-based Vauxhall owner.
2. Vistry, Persimmon and other housebuilders hit by cladding tax report
The Building Safety Levy, which was mooted by the previous government in 2021 with a second consultation finished in February this year, is estimated to raise £3 billion from a charge as a percentage of the sales value of new developments.
3. FTSE 100 live
London index jumps.
4. Supreme confirms £10mln acquisition of Typhoo Tea
Sandy Chadha, chief executive of Supreme, stated: "The acquisition of Typhoo Tea marks a significant step in our broader diversification strategy and brings one of the most iconic UK consumer brands into the Supreme family.”
5. UK house prices jump more than expected, Nationwide data shows
House prices rose 1.2% month-on-month, helping the annual growth rate rebound to 3.7% from 2.4% in October.