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FIVE at FIVE: Apple turnover; Capita slumps; FTSE 100; Arm-y of one; BA pay lift off

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Apple loses record three-trillion-dollar valuation

Despite rising profits and digital services clients surpassing one billion globally, the market appears spooked over falling revenues at the Silicon Valley behemoth.

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2. Capita falls as it reports loss, counts cost of cyber attack

The outsourcer, which has contracts with the NHS, the army and the Cabinet Office, had previously said March’s attack would cost between £15-£20 million.

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3. Semiconductor giants join forces to fight Arm hegemony

Under a yet-to-be-determined name, the initiative aims to accelerate the global adoption of RISC-V, an open-source hardware instruction set architecture (ISA) for automotive applications, with plans to expand into the mobile and IoT sectors.

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4. BA staff receive a 13% pay rise

Receiving pay increases over the next 18 months, 24,000 employees – excluding pilots and management – will receive a one-off payment of £1,000 on top of their new salary.

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5. FTSE 100

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