Source: Sharecast
Labour’s plans for a massive expansion of nuclear power have been given a boost with a string of transatlantic deals for new modular reactors announced before Donald Trump’s visit. The UK and US governments have promised to fast track safety checks, and announced several new private sector investment deals, with Labour emphasising the potential benefits for jobs and growth. – Guardian
A Chinese takeover of Argos has collapsed after its owner Sainsbury’s walked away from talks just 24 hours after confirming it planned to sell the retailer. On Sunday, Sainsbury’s said it had ended discussions after Chinese retail giant JD.com issued a “materially revised set of terms and commitments” which were “not in the best interests of Sainsbury’s shareholders, colleagues and broader stakeholders”. – Telegraph
Young people do not want to work in retail because they are scared of being attacked by shoplifters, a leading retail chief has warned. Jonathan James, who runs around 40 convenience stores and supermarkets under the Select Convenience brand, said he was struggling to hire staff over fears they may be targeted by criminals. – Telegraph
The carmaker behind Vauxhall and Peugeot has set aside £37 million as it braces itself for a hit from the mis-selling scandal engulfing the motor loans industry. The move by the British finance arm of Stellantis, which has its headquarters in the Netherlands and also owns the Citroën, Fiat and Jeep brands, comes as players across the car finance market prepare for the City regulator to set out its plan for a consumer compensation scheme. – The Times