Other blue chips under pressure included Marks & Spencer, Barclays and Rolls-Royce, with their shares down by around 0.5%.

The agreement has been structured as a licence deal, with Fever-Tree receiving royalty fees based on its share of the profit generated in the US (with minimum payments guaranteed for five years).

Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%. That's all from our live Q&A and the Money blog today - scroll down to read expert answers on what ...

Expedia Group ( EXPE) shares traded at an all-time high Friday, a day after the travel website reported better-than-expected results and reinstated its dividend on strong bookings during the holiday ...

London stocks were flat in early trade on Friday following a record close a day earlier, as investors eyed the latest US ...

GPS spoofing is a serious risk for airline operations . It can cause an aircraft to report an incorrect position and blindly ...

Japan Airlines has seen growth in cargo and international passenger revenues. Read more on what to expect from this airline ...