Sterling's dramatic appreciation at the start of the year has put a damper on hiring and economic growth, a member of the Bank of England's Monetary Policy Committee has warned.
Mike Coupe Sainsbury's chief executive Mike Coupe is matching prices on brands against Asda. Photograph: Sainsbury's/EPA. Another day, another strategic review in supermarket land.
Songbird Estates has agreed to sell one of its Canary Wharf buildings, 50 Bank Street, for �153.5m to a prominent Hong Kong family, the latest deal in a growing trend of Asian investment in the capital's commercial property market.
Every so often, a company announces that it is considering its �strategic options� for one of its businesses, which means that it wants to ditch it as soon as possible.
Dairy farmers hit by a series of price cuts say they will take direct action in the next four days. With fresh cuts announced this week, the amount farmers receive for their milk has been slashed each month for the last four months.