BT announces price hikes for broadband, landline and sport
Craig TaylorBroadband costs will rise by between 5% and 6% while free BT Sport is to end for TV customers. BBC News – Business
Business
Brexit will damage UK and EU, says Pierre Moscovici
The EU’s economics commissioner says the UK will lose advantages when it leaves the EU “club”. BBC News – Business
Brexit: UK to leave single market, says Theresa May
Theresa May sets out UK hopes for Brexit talks, warning that “no deal is better than a bad deal”. BBC News – Business
Pound falls ahead of Theresa May Brexit speech
Sterling hits its lowest level against the dollar since October’s flash crash before later edging back up. BBC News – Business
Betting firms face shake-up to UK horse racing levy
Firms taking bets on UK horse races face a 10% levy on profits to support the sport, a minister says. BBC News – Business
Takata fined $1bn in US over exploding airbag scandal
Japan’s Takata hit with $ 1bn (£820m) US penalty for selling dangerously defective airbags. BBC News – Business