FIVE at FIVE: Rolls-Royce goes electric, Netflix searches surge, first …

1. Rolls-Royce plans to test electric engine

Showcasing the new system at the Paris Air Show, Rolls-Royce confirmed the engine would be tested using sustainable aviation fuels in the coming months in Dahlewitz, near Berlin.

2. Netflix T&Cs searches surge after Black Mirror release

The first episode of the latest instalment of Charlie Brooker’s hit series, ‘Joan is Awful’, features a dramatic situation that results from everyday mistakes, not reading T&Cs before accepting.

3. Mortgage chaos hits first-time buyers

Come last weekend, 40% of 95% loan-to-value mortgages had disappeared from the market since the start of June, according to Moneyfacts, as just 199 of the original 347 products remained.

4. FTSE 100 sees second straight day of losses at the close

At the close, the FTSE 100 had slipped 19 points to finish at 7,569 for a 0.3% loss on the day.

5. Frasers continues buying spree with Boohoo stake

“Boohoo is an attractive proposition to us with its laser focus on young female consumers. We see potential synergies and an opportunity to strengthen our brand proposition in collaboration with Boohoo,” the statement said.