The Latest Breaking News from Peabody

In London, defence stocks fell sharply amid hopes of peace in Ukraine with Babcock International, BAE Systems and Rolls-Royce all down.

Peabody Energy Corp. (NYSE:BTU) has abandoned its planned $3.8 billion purchase of steelmaking coal assets from Anglo American (OTC:AAUKF), citing a material adverse change following a March fire at the Moranbah North mine in Australia. The incident left the mine idled with no clear timeline for resuming longwall production.

Ian McDermott, leader of the G15 group, said there are three things central government can do to help tackle the housing emergency in the capital

Exclusive: Giving social housing same status as roads and energy would mean more investment in sector major providers say is at breaking point

Kerianne Wilson has filed multiple complaints and gone to the ombudsman about her mouldy flat in west London

The Trump administration is boosting coal’s prospects with financial aid and regulatory changes, revitalizing investor interest in Peabody Energy.

Buyers say they were misled over likely rise in costs after they moved in, which are now ‘ruining people’s lives’

‘Affordable housing’ home owners complain of paying high charges for facilities mainly used by better-off residents

Owners of homes marketed by housing associations as ‘affordable’ are planning a challenge as service costs spiral