1 Airport profits from bureaux de change have soared to more than £100 million as exchange rates have tumbled below one euro to the pound, an investigation has found.
2 The private information of millions of British internet users has been put at risk, as Yahoo admitted that hackers had stolen more than one billion customer accounts in the biggest data breach on record.
3 Millions of families could cut their energy bills by up to £261 a year without switching supplier, according to Ofgem, which says that 66 per cent of consumers are on their provider’s most expensive standard tariff.
4 Donald Trump faced up to his critics at a meeting with new technology leaders in New York. Jeff Bezos, chief executive of Amazon, was among a dozen business leaders invited to discuss job creation with the president-elect. Their companies donated about $4 million to Hillary Clinton.
5 America’s central bank has raised interest rates for the second time since the 2008 financial crisis and indicated that it will embark on a more hawkish course next year. The Federal Open Markets Committee voted unanimously to raise the key rate by 0.25 per cent to a range of 0.5 to 0.75 per cent.
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6 The American media group 21st Century Fox is expected today to make a formal offer to buy Sky, setting in motion an £18.5 billion takeover that will reverberate across the British media industry. The company, which is the majority shareholder in Sky with a 39 per cent stake, will offer to buy the remaining shares for £10.75 each, less future dividends, in keeping with an informal agreement reached between the companies last Friday.
7 Employment in Britain has dropped for the first time in a year, in a sign that the resilience in the economy since the Brexit vote may be beginning to fade. The number of people in work fell by 6,000 to 31.76 million compared with the previous quarter — the first drop in a year.
8 First-half profits jumped by 19 per cent at Dixons Carphone but warnings of “uncertain times” ahead as Britain exits Europe hit its shares, which fell by nearly 7 per cent.
9 Audit work by PwC has come under scrutiny for the third time in less than six months after the industry watchdog issued a formal complaint against the firm for its work on the accounts of another business.
10 The Serious Fraud Office has dropped its investigation into Soma Oil and Gas, the African exploration company chaired by Lord Howard of Lympne, after admitting there was little prospect of a conviction.