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Hot Off The Wires - 16 October 2019

News.

  • The U.K. and the European Union moved close to agreeing upon a draft plan for Britain to leave the bloc, people familiar with the talks said on Tuesday, with a preliminary Brexit deal possible by Wednesday morning.

  • Given that the Woodford Equity Income Fund is now invested in liquid FTSE 100 and FTSE 250 stocks, which can be sold easily, it is expected that investors could get at least half the value of their investments.

  • National Grid has vowed to challenge Ofgem after the regulator slashed funding by £80 million for Hinkley-Seabank project in a bid to save bill payers money.

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