1457: Shares of SSE are lower after the Competition and Markets Authority said it would examine the implications of the asset swap between E. ON and RWE for the already proposed tie-up between npower and SSE. 1449: Commenting on Friday's news of a possible Saudi order for 48 Typhoon jets, in a research note sent to clients analysts at JP Morgan highlight the lack of detail around when the formal contract will be signed. Assuming a handful of deliveries in 2019 and eight per year between 2020 and 2024, then the broker's estimates for BAE's earnings per share might get a lift of between 2% and 4% in 2019 and 2020, possibly more if weapons were also provided, they said.
House prices in parts of London that were once at the epicentre of the UK property boom have fallen as much as 15% over the past year in fresh evidence of the impact of the EU referendum. Figures from Your Move, one of the UK’s biggest estate agency chains, reveal that the average home in Wandsworth – which includes much of Clapham, Balham and Putney – fell by more than £100,000 in value over the last 12 months. – Guardian.