THE DAILY BRIEFING

■ LOOKING FORWARD Growth in the private sector cooled slightly in the three months to September, according to a survey by the Confederation of British Industry, although firms were mostly upbeat about future prospects.

■ FLOATING ALONG London was one of the busiest markets for floats over the previous quarter, the latest data has revealed.

On the main market, 14 floats raised £2bn, while 16 admissions on AIM raised £ 916m. Scott McCubbin of Ernst & Young said: ‘Activity in the third quarter saw a significant uptick.’

■ SALES BONUS Nine directors at preppy clothing brand Boden have shared a £9.3m payout as sales reached £308m.

The label saw annual profits rise nearly 10pc to £26.2m, boosted by growing sales in the US.

■ TAKING OFF The backlog of 13,425 commercial aircraft on global order books is worth an estimated £210bn to the UK, according to industry body ADS, which says productivity must be raised to take advantage of strong aerospace demand.

■ MOVING ON Arcadia’s property director Chris Harris is to leave the group for an equivalent role at John Lewis. The 49-yearold has run Arcadia’s portfolio of 3,000 shops for ten years and led its push into America.

■ DEEP TALKS Sirius Minerals, which is building a potash mine in Yorkshire, is in talks with the Treasury over guarantees for loans for the project.

■ BANK LOSS Digital lender Atom Bank’s losses reached £42m last year as it invested heavily.