Business headlines

BORIS ISLAND AIRPORT PLAN 'REJECTED'
A plan for an island airport in the Thames Estuary, dubbed "Boris Island", looks set to be shelved, the BBC understands.

UK MANUFACTURING GROWTH 'SLOWS'
Activity in the UK's manufacturing sector grew at its slowest pace for 14 months in August, a survey finds, while a separate study also suggests a slowdown.

CONSUMER BORROWING JUMPS IN JULY
The amount of new money being borrowed by consumers soared to more than £1bn in July, according to the Bank of England.

PREMIER LEAGUE CLUBS' SPENDING SPREE
Premier League clubs have been on a player buying spree, with spending at £750m, as the end of the transfer window approaches.

WOODFORD SELLS HSBC OVER FINE FEARS
One of the UK's most high-profile fund managers, Neil Woodford, says he decided to sell his holding in HSBC because he is worried about "fine inflation".

EURO MANUFACTURING AT 13-MONTH LOW
Manufacturing growth in the eurozone slowed to a 13-month low in August, according to a closely-watched survey.

LONDON MARKET REPORT
Shares in Tesco fall further following news that a major shareholder in the supermarket has cut its stake.

RUSSIA AND CHINA LAUNCH GAS PIPELINE
Russia and China begin the construction of a new gas pipeline linking the countries, with a ceremony in the Siberian city of Yakutsk.

BARCLAYS SELLS SPANISH BUSINESSES
Barclays Bank sells Spanish businesses for £633m to the country's third largest lender CaixaBank.

CHINA FACTORY GROWTH MISSES FORECAST
China's manufacturing activity misses expectations in August, indicating that the country's economy may be losing momentum.