Hung parliament sinks business confidence, IoD finds
Craig TaylorAn Institute of Directors poll suggests a “dramatic drop” in confidence following the hung parliament. BBC News – Business
Business
British Airways cabin crew suspend four-day strike
Planned walk-out by British Airways staff is called off to allow talks to take place, union says. BBC News – Business
Election 2017: Pound makes further losses in choppy trading
The pound remains under pressure following the hung parliament result. BBC News – Business
S&P lowers Qatar’s credit rating
The lowering of the S&P Global credit rating to AA- comes after neighbouring states broke ties with the Gulf nation. BBC News – Business
RBS reaches settlement with shareholders
The bank finally agrees terms with investors on a £200m offer, averting their legal action. BBC News – Business
London attack: PM’s condemnation of tech firms criticised
Tech giants say they are working to fight extremism, after Theresa May calls for more regulation. BBC News – Business