Captain Jerry Kyd seems remarkably relaxed given he is scheduled on Monday to take to sea for the first time one of the biggest and most expensive defence projects in British history, the aircraft carrier HMS Queen Elizabeth.
Holland & Barrett has been acquired for �1.8 billion by a retail investment fund controlled by Russian billionaire Mikhail Fridman.
The Co-operative Bank is no longer up for sale as it closes in on agreeing a rescue package with existing investors which would put it on a secure financial footing.
Hornby, the lossmaking toy manufacturer of Airfix planes and Scalextric cars, says it is “significantly undervalued” by a takeover offer from its majority shareholder Phoenix Asset Management.
'The main cause of the next recession will perhaps resemble more closely that of the latest one - a financial cycle bust,' the BIS said.