LONDON (Reuters) - Britain will on Monday outline a new, interventionist approach to balancing its heavily services-based economy for the post-Brexit era, seeking to reinvigorate industrial production and stimulate investment in technology and R&D.
Richard Nixon's Treasury Secretary John Connally once told foreign counterparts that the US dollar is “our currency, but your problem” - a blunt observation that has often rung true.
Paddy Power Betfair suffered a �5m blow from the election of Donald Trump as US president, becoming the latest bookmaker to complain that a series of “adverse” betting results at the end of last year had hit earnings.
The Sainsbury's chairman David Tyler breached the code of conduct, guidelines on ethical suppliers, and policy on conflict of interest and relationships at work.
Britain is facing three years of slow growth, rising unemployment and squeezed consumer spending as the Brexit-induced collapse in the pound triggers a radical rebalancing of the economy.