 | The financial markets are subdued on the first day of national mourning after the death of Queen Elizabeth II.
Business groups and City investors are remembering the Queen's service over seven decades, and her contribution to modern Britain.
Tony Danker, the CBI director-general, spoke for the business world last night when he lauded her leadership and values: "Throughout her unprecedented 70 years on the throne, HRH Queen Elizabeth II served the nation with distinction as a stalwart example of British values of honour, dignity and resilience. She dedicated her life to the people of the UK and the Commonwealth, providing compassionate and inspirational leadership during the many challenging times of her long reign.
"Times are hard right now – made more so by the loss of our much-loved Queen – and our tribute should be to work tirelessly to build a better future for the people of this country in memory of Her Majesty."
The New York stock exchange and Nasdaq observed a moment of silence yesterday to honour the Queen.
The London Stock Exchange has opened as usual – unlike in sport, where events such as the third Test between England and South Africa and the PGA championship at Wentworth will be paused for at least a day.
Under Operation London Bridge (the plan for the coming days), the stock market will shut on the day of Elizabeth II's funeral.
But while the markets are open, the main indices aren't expected to be volatile, with investors contemplating the Queen's remarkable reign, and her work at home and abroad.
The FTSE 100 has risen by almost 1%.
The weakness of the US dollar today is lifting some equities, with mining companies leading the way.
Three British trade unions representing postal workers and transport staff have cancelled strikes after the death of the Queen.
Royal Mail members of the Communication Workers Union had planned to take industrial action today over a pay dispute but the union said it had called off the strike.
The RMT transport union has cancelled strikes planned for 15 September and 17 September, saying: "We express our deepest condolences to her family, friends and the country."
The TSSA (Transport Salaried Staffs' Association) said it was cancelling its planned strike action for September and "will be respecting the period of public mourning".
The agenda
• Today: EU energy ministers gather for emergency talks in Brussels on Friday to discuss measures to counter the energy crisis
• Noon: OECD publishes its annual employment outlook report
• 5pm BST: Russian GDP and inflation report
We'll be tracking all the main events throughout the day ... | | |  | | Sign up to The Guide | | An irreverent look at pop culture, and weekly recommendations for what to watch, listen to and read | | | |  | Thank you for turning to the Guardian | Tens of millions have placed their trust in the Guardian's high-impact journalism since we started publishing 200 years ago, turning to us in moments of crisis, uncertainty, solidarity and hope. More than 1.5 million readers, from 180 countries, have recently taken the step to support us financially – keeping us open to all, and fiercely independent.
With no shareholders or billionaire owner, we can set our own agenda and provide trustworthy journalism that's free from commercial and political influence, offering a counterweight to the spread of misinformation. When it's never mattered more, we can investigate and challenge without fear or favour.
For a limited time, we're giving you an exclusive offer: enjoy 30% off an annual digital subscription. If there were ever a time to join us, it is now. Your support protects our vital independence and keeps us free of a paywall. To thank you for your generosity, we'll give you unlimited reading in our quality news app and ad-free reading on all your devices.
| | | |  | Manage your emails | Unsubscribe | Trouble viewing? | | You are receiving this email because you are a subscriber to Business Today. Guardian News & Media Limited - a member of Guardian Media Group PLC. Registered Office: Kings Place, 90 York Way, London, N1 9GU. Registered in England No. 908396 | | | | | |
Liz Truss's big-bucks energy plan notable for what it lacks 
.png)
0 Comments