Government brings British Steel under public ownership; UK economy grows 0.1% in May – business live
Rolling coverage of the latest economic and financial newsThe market is still digesting the news that current home secretary Shabana Mahmood has emerged as the frontrunner to be Andy Burnham’s chancellor.Jim Reid, of Deutsche Bank, notes this has been a key focus for UK investors in recent days, and that the pound ended the day yesterday up 1.12% against the US dollar. It is still holding above $1.35 this morning, around its highest level in two months.It tells us two…
Source: www.theguardian.com