The sale of Tata Steel's long products business, which employs more than 4,000 people in the UK, will be completed next week. 12:51, UK, Saturday 28 May 2016.
The boss of the company formerly known as Quindell has insisted the firm has put its scandal-hit past behind it, despite the troubled business slumping to yet another heavy annual loss.
When he was appointed chief executive of the drugs and chemicals giant Bayer last month, after 28 years with the company, Werner Baumann told investors he saw “no need for a fundamental change in strategy”.
A strong warning that austerity policies can do more harm than good has been delivered by economists from the International Monetary Fund, in a critique of the neoliberal doctrine that has dominated economics for the past three decades.
BRITISH families hoping for a relaxing long weekend risk being left out in the cold as major traffic disruptions and bad weather threaten to overshadow the May Bank Holiday.