1. UK spending review tests fiscal headroom as government prioritises housing, health and defence
Rachel Reeves delivered the government's spending review and while economists said taxes may have to be raised later this year, the market reaction was calm.
2. Trump says 'done deal' on China trade
The US President hailed the agreement reached with China, following talks in London, covering rare earths, magnets, and places for Chinese students in US universities.
3. Assura backs US private equity deal, but rival PHP says 'wait a sec!'
The board of Assura recommended a £1.7 billion takeover offer from a consortium of New York private equity groups, but fellow FTSE 250 healthcare property investor PHP said today's spending review changes the picture for its rival offer.
4. Ricardo accepts offer from Canada's WSP
Another London-listed company is set to depart, as consultancy accepts offer from Anglo-Canadian giant, which was thanks in part to a "blinding deal" played by an activist investor.
5. Bango highlights growth in subscriptions and payments businesses
Bango joined Proactive to discuss the company’s full-year results as the company reported a pivotal year marked by robust revenue growth, rising profitability, and continued momentum across its Digital Vending Machine and Payments segments.
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