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From $1 billion fortunes to a $233 billion empire: Here’s how the world’s richest spread out across the globe.

Despite a big write-off in the value of its US cigarettes business, BAT has ignited the interests of a big shareholder who is said to believe that the tobacco industry won’t “disappear tomorrow”

Bank of England concerns over the high level of pay awards are likely to be eased in the coming months as wage settlements fall in response to a tumbling annual inflation rate, a thinktank has said. The Resolution Foundation said recent strong growth in earnings was primarily caused by a sharp increase in the cost of living, with workers trying to prevent their living standards being eroded. – Guardian

FTSE 100 closes down 2 points at 7,543 Wage inflation eases in November  US inflation in line with forecasts 4:40pm: FTSE 100 fades to close little changed...

FTSE 100 closes down 2 points at 7,543 Wage inflation eases in November  US inflation in line with forecasts 4:40pm: FTSE 100 fades to close little changed...