Rolling coverage of the latest economic and financial news
- Latest: Travel and leisure stocks drop
- Airlines: We need package of bespoke economic support measures
- Wetherspoons says restrictions and uncertainty hit trading
- Turkey’s currency hits record low as crisis deepens
- NEF: UK inequality worsened since 2019 general election
- TUC: UK workers face Christmas wage squeeze
Britain’s antitrust regulator is taking a look at Microsoft’s $16bn takeover of artificial intelligence and speech technology firm Nuance Communication.
The Competition and Markets Authority says it is considering whether the deal would lead to a “substantial lessening of competition” within UK markets. It’s inviting comments from interested parties by 10th January (details here).
