The former owner of BHS, Sir Philip Green, has called on the chairman of a Commons committee examining the collapse of the UK chain to resign.
"We always said that there was an element of experiment to this, and if it wasn't going to work, we would close it." NYT.
The growth of the British economy appears to have stalled in the second quarter of the year as companies and consumers put off decisions to spend until the outlook is less uncertain.
Saudi Arabia's stock exchange, the biggest in the Middle East and Africa, hired HSBC Saudi Arabia Ltd. as a financial adviser for its initial public offering.
The Excalibur Steel management buyout has emerged as the frontrunner to rescue Tata Steel UK, although concerns about funding and pensions could still derail the bid.