A decision on airport expansion in south-eastern England is to be delayed until "at least October", Transport Secretary Patrick McLoughlin has said.
The FTSE 100 has surged to highest level since April 21 today as investors hope Mark Carney's speech will calm Brexit fears. London's blue chip index hit an intraday high of 6,398.02 after erasing post-Brexit losses yesterday.
Singapore's United Overseas Bank has stopped issuing loans on London properties. Photograph: Stephen Morrison/EPA. Staff and agencies.
UK consumer confidence collapsed in the wake of the Brexit vote, according to a survey by YouGov and the Centre for Economic and Business Research.
Sherwood went on to tell MPs that the firm's involvement in the BHS saga has not enhanced its reputation. 'We've been reviewing Goldman Sachs' relationship with Sir Philip Green at this point,' he said with some bluntness.