Watch: National business news headlines in under two minutes - May 9 - video Dailymotion

Watch Watch: National business news headlines in under two minutes - May 9 - Insider Media on Dailymotion

Transcript

00:00Hello and welcome to the latest Business Brief on Friday, the 9th of May.

00:04The UK was just days away from job losses without a US trade deal, according to Business Secretary Jonathan Reynolds.

00:11The deal cuts tariffs on steel and luxury cars.

00:14Rolls-Royce and Aston Martin shares surged at the news.

00:17Sakia Starmer called it historic, but Tories said it was a Diet Coke deal and that Britain was being shafted.

00:23Talks continue over wider import taxes.

00:26London Metrics buying Urban Logistics in a £699 million deal.

00:31Shareholders will get 42.8 pence in cash and 0.5612 new shares per share held.

00:38The deal creates a £7.3 billion property giant.

00:42The digital media and tech firm Brave Bison has confirmed it's in talks to buy Mini MBA for £19 million.

00:49The training firm works with the likes of Google, Tesco and Nestle.

00:52It would form a new business division at Brave Bison and EBITDA could rise 78% if the deal goes ahead.

00:59Rightmove says it's on track for 10% revenue growth this year.

01:02Resale listings are at a 10-year high.

01:05Rental demand is easing but still strong and it remains the UK's top property portal.

01:10British Airways parent company, IAG, has ordered 32 new Boeing planes.

01:14The 787-10 aircraft will join BA's long-haul fleet.

01:18IAG has also ordered 21 Airbus jets for its other airlines.

01:23And Sadiq Khan may allow homes on parts of London's Greenbelt.

01:26He says brownfield land isn't enough to meet housing targets.

01:30Labour's critics say the move risks urban sprawl.

01:33That's all for today.

01:34Thank you for listening.