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Summary

  1. Get in touch: bizlivepage@bbc.co.uk
  2. Thomas Cook issues shock profit warning
  3. Topps Tiles full-year profits fall 25.3%
  4. Pets At Home revamps vets group
  5. A J Bell valued at up to £675m
  6. De La Rue counts cost of passport loss

Live Reporting

By Jill Treanor and Mary-Ann Russon

All times stated are UK

  1. Good night

    BBC testcard

    That's it for today on Business Live - thanks for reading. We'll be back bright and early at 06:00 on Wednesday.

    Do join us then for all the latest breaking news and analysis from the wonderful world of business.

  2. Wall Street closes slightly higher

    dealers

    After a day on Wall Street dominated by upcoming trade talks between the US and China and Donald Trump's criticism of General Motor's restructuring plan, the Dow Jones index ended 108.5 points or 0.4% ahead to 24,748.73.

    The S&P index closed 8.8 points or 0.3% to 2,682.20 and the tech-heavy Nasdaq ended flat - just 0.9 points ahead to 7,082.70.

  3. Inside Sellafield's death zone

    Theo Leggett

    BBC Business News Reporter

    This window is made from metre-thick leaded glass to protect humans from high-level radiation
    Image caption: This window is made from metre-thick leaded glass to protect humans from high-level radiation

    The Thorp nuclear reprocessing plant at Sellafield, Cumbria, has recycled its final batch of reactor fuel. But it leaves behind a hugely toxic legacy for future generations to deal with. So how will it be made safe?

    Thorp still looks almost new; a giant structure of cavernous halls, deep blue-tinged cooling ponds and giant lifting cranes, imposing in fresh yellow paint.

    But now the complex process of decontaminating and dismantling begins.

    It is a dangerous job that will take decades to complete and require a great deal of engineering ingenuity and state-of-the-art technology - some of which hasn't even been invented yet.

    Read why.

  4. More from General Motors

    The car company's statement concludes: "We appreciate the actions this administration has taken on behalf of industry to improve the overall competitiveness of US manufacturing".

  5. BreakingGM responds to Trump

    General Motors has responded to Donald Trump's remarks about ending subsidies following its job cut and plan closure announcement on Monday.

    The company said it is "committed to maintaining a strong manufacturing presence" in the US.

    "Many of the US workers impacted by these actions will have the opportunity to shift to other GM plants where we will need more employees to support growth in trucks, crossovers and SUVs. GM’s transformation also includes adding technical and engineering jobs to support the future of mobility, such as new jobs in electrification and autonomous vehicles".

  6. No deal Brexit 'devastating' - car industry

    Toyota

    The car industry has issued a fresh warning about the impact of no deal Brexit.

    The Society of Motor Manufacturers and Traders has published survey showing 74% of its members believe they would be damaged without a transition deal.

    "Crashing out of the EU would have immediate and devastating impacts, with border chaos disrupting the 'just in time' basis on which our business depends," Tony Walker, SMMT president said.

    He is also Toyota's managing director for Europe. The Japanese car maker has previously told the BBC a no-deal Brexit would temporarily halt output at its plant in Burnaston, near Derby.

  7. Dow rises

    Dow Jones graph

    Those comments by Donald Trump's economic adviser about trade relations between the US and China have helped Wall Street turn positive as the market heads towards the close.

    While Larry Kudlow said China's response to trade talks had disappointed the US, he also said there was a "good possibility" that a deal between the two trading nations could be agreed.

    The leaders of the two countries are due to meet on the sidelines of the upcoming G20 meeting in Argentina.

    The Dow Jones index was up 0.25% while the S&P 500 rose 0.15%.

  8. Spark's customers switch to Ovo

    Spark  headquarters in the Scottish Borders

    A company has been appointed to take on the 290,000 customers of an energy supply firm which has ceased trading.

    Regulator Ofgem has approved Ovo Energy's takeover of Selkirk-based Spark Energy Supply Ltd.

    Ovo has also acquired Spark's operating company - with more than 300 staff - and will retain the Spark Energy brand.

    Spark employs more than 300 staff at its headquarters in the Scottish Borders, pictured.

    Ofgem executive director Mary Starks said she was pleased with the deal and stressed that customers would stay on the same tariffs.

    Full story is here.

  9. Pizza pull out

    papa johns

    A potential bidder for pizza chain Papa John has pulled out.

    That's according to the Wall Street Journal.

    It says Trian Fund Management has decided not to pursue a bid.

  10. 'Brexit deal allows people to live their lives'

    Video content

    Video caption: Brexit: Deal 'allows people in NI to live their lives'

    Theresa May has been talking about the Brexit deal and the impact on Northern Ireland. She says the deal will allow people "continue to live their lives".

    "There is no hard border" the Prime Minister says.

  11. Trump 'open' to China talks

    Larry Kudlow alongside Donald Trump

    Larry Kudlow, Donald Trump's economic adviser, is continuing to speak ahead of the up-coming G20 meeting where much of the focus is on talks between the President and his Chinese counterpart.

    "There is a good possibility that we can make a deal and he is open to it," Kudlow said.

    President Trump is having dinner with China's President Xi Jinping at the meeting in Argentina.

  12. SpongeBob SquarePants creator dies

    Stephen Hillenburg

    The creator of SpongeBob SquarePants, Stephen Hillenburg, has died at the age of 57.

    Nickelodeon, which has broadcast the hugely popular cartoon series since 1999, said he had the cause of death was motor neurone disease (also known as ALS).

    He had revealed he had been diagnosed with the condition in March last year.

  13. Trump turns up trade war heat

    Donald Trump

    Donald Trump's economic advisor Larry Kudlow has been speaking ahead of the President's meeting with his Chinese counterpart Xi Jinping.

    Mr Trump has already told the Wall Street Journal that he is likely to go ahead with increasing tariffs on Chinese imports if the meeting does not go well.

    Mr Kudlow said the Chinese response so far had "disappointed".

    "President Xi has an opportunity to change the tone and the substance of these talks. President Trump has indicated he is open - now we need to know if President Xi is open," Mr Kudlow said.

  14. UK WTO deal

    boat in a port

    The UK's relationship with the World Trade Organization has been a hot topic in the Brexit negotiations.

    One aspect of the WTO is its Government Procurement Agreement, the means by which 47 members of the trade body allow each other to bid for government work. This covers around $1.7 trillion of spending a year.

    According to Julian Braithwaite, Britain's ambassador to the WTO, an agreement been reached in principle to remain part of this.

    There's an analysis on a "no deal " WTO option here.

  15. Thomas Cook plunges

    Thomas Cook

    It was a torrid day for Thomas Cook on the stock market.

    The holiday company issued its second profits warning in two months, saying they would be £30m lower than expected.

    The shares ended the day 22% lower at less than 40p.

    They had been trading around 140p in May.

  16. More on Viagogo

    View more on twitter

    There is now a full story on the court decision to order ticket reseller Viagogo to "overhaul" the way it does business.

    The Competition and Markets Authority launched legal action against the company in August over concerns it was breaking consumer protection law.

    The court said Viagogo must tell buyers which seat they will get and if there is a risk that they will be turned away at the door.

    In a Twitter post, Viagogo described it as a "groundbreaking settlement".

    Read more here.

  17. FTSE closes

    Back to the London market.

    The FTSE 100 closed 19.15 points, or 0.3%, lower at 7,016.85.

    Markets in other parts of Europe were also rattled.

    France's CAC was down 0.2%, while Germany's stock market fell 0.4%.

    The uncertainty about Brexit is holding back markets, analysts said, as well as the on-going discussions about Italy's budget.

    Donald Trump's warning about Chinese trade tariffs was also a factor.

  18. Are businesses leaving the UK?

    Video content

    Video caption: Are businesses leaving the UK due to Brexit?

    Following President Donald Trump’s comments about Theresa May's Brexit deal, what could that mean for the UK's future trade relations?

    On Politics Live, Labour’s Rosena Allin-Khan claimed that lots of big businesses are leaving the UK.

    But LBC Presenter Iain Dale replied: "You can't name one company, can you?"