Toys R Us set to close all US stores
Craig TaylorThe sale or closure of the firm’s 885 US stores puts 33,000 jobs at risk, the BBC understands. BBC News – Business
Business
Spring Statement: Philip Hammond hails better debt and growth forecasts
Chancellor hails better growth and debt figures – but Labour accuses him of “astounding complacency”. BBC News – Business
GKN faces new £8.1bn Melrose bid in takeover battle
Turnaround specialist Melrose increases the pressure on GKN by raising its takeover offer. BBC News – Business
‘Pharma Bro’ Martin Shkreli sentenced to seven years
He wept at the hearing, where his own lawyer said he sometimes wants to punch him in the face. BBC News – Business
UK to seek exemption from US steel tariffs
International Trade Secretary Liam Fox will visit Washington to discuss President Trump’s tariffs. BBC News – Business
Growth ‘more important than Brexit’
The UK government should focus on economic growth more than Brexit, says the British Chambers of Commerce. BBC News – Business