The Green Investment Bank (GIB) needs to be built up before it can be floated in several years' time according to a UK-based international consortium which wants to be reconsidered as a buyer for the government-owned bank.
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.
Sentiment amongst financial services firms deteriorated further in the three months to December, but there are signs of an improvement in business conditions over the next quarter for some sectors, according to the latest CBI/PwC Financial Services Survey.
SHANGHAI -- Bitcoin prices are tumbling in China, dragged down by the central bank's move to stem speculative trading and capital outflows.
Russia's Energy Minister Alexander Novak (R) speaks to Natural Resources and Environment Minister Sergei Donskoi at a State Council meeting on Dec. 27, 2016.