Royal Mail takeover approved by shareholders
The approval of the £3.6bn deal will see the 500-year institution taken over by Daniel Kretinsky’s EP Group.
Economic news
Read More
Bank of England backs scheme to put more economics teachers into state schools
Initial training to be offered in north-west England, as report shows disparities in access to the subject
The Bank of England is backing a drive to put more economics teachers into state schools, as a report has revealed young people from disadvantaged backgrounds are the least likely to study the subject.
Targeting students in the north-west of England in its first year, the scheme will aim to overcome huge shortages of teachers across the state sector with the skills to teach economics.
What the US stands to lose from a dented dollar
In markets and politics, it will be more short-termist, less resilient and much more reliant on the kindness of strangers
US stocks dragged down by weak earnings as economy stumbles
S&P 500 down 2% and on course to end six-day winning streak
U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses
Gross domestic product was expected to rise at a 0.4% annualized pace in the first quarter, according to the Dow Jones consensus estimate.