City analysts say the OBR must rip up its pre-Brexit vote forecasts after projections show GDP growth and tax receipts slowing. Photograph: Justin Tallis/AFP/Getty Images.
LONDON (AP) - British American Tobacco has offered to buy out Reynolds American Inc. for $47 billion in an attempt to gain a strong presence in the U.S.
A financial blog sent the rumour mill into overdrive and Burberry shares soaring when it speculated that the luxury retailer was in talks to merge with US brand Coach.
Publicly, Carney will likely shrug the attacks off - but those who know him say that it in private he would not have been so relaxed.
Britain was once good at building very big things very quickly. Now the country struggles. In May 1833, at the start of the railway age, parliament approved a new express line from London to Birmingham.