Market Buzz
Monday newspaper round-up: Four-day week, UK energy, Apple
Fraudsters may have stolen £500,000 from a taxpayer-funded scheme aimed at accelerating the removal of dangerous cladding from buildings, the public spending watchdog has revealed. The National Audit Office said the government decision to prioritise speed in handing out money to building owners had increased its risk of losses from fraud. The warning came in an NAO report into the government’s progress in remediating dangerous cladding from blocks after the Grenfell Tower fire in 2017.
Friday newspaper round-up: Boeing, Amazon, Harland & Wolff
Striking Boeing workers will vote on an improved contract offer on Monday, which includes a 38% pay rise over four years and a bigger signing bonus, their union said on Thursday. More than 30,000 factory workers who produce Boeing’s strongest-selling 737 Max commercial jet and other planes have been on strike since 13 September and have rejected two earlier offers from Boeing. – Guardian.