Sky takeover: Comcast gatecrashes Murdoch's plans with £22bn offer – business live

All the day’s economic and financial news, as US cable company launches a rival offer for SkyLatest: Sky’s shares have surged in early tradingComcast is offering to buy Sky for $31bn
Comcast: We think Sky is outstandingCable firm promises to maintain Sky NewsDeal is 16% above existing offer from Rupert Murdoch’s 21C Fox
What does it mean for Disney’s deal to buy Fox??What the experts say 8.23am GMT Richard Hunter, Head of Markets at interactive investor, says that Comcast