Broadcaster ITV reported a drop in revenue for the first nine months of the year as its Studios arm was hit by the US actors’ and writers’ strike.

Wood Group shares were in freefall on Thursday as the oil services firm announced the launch of an independent review of its business that could lead to restatements and said third-quarter trading in its Projects segment was "disappointing".

The Japanese car making giant has not yet said where in its global operations the job cuts will be made.