Getty Images The UK must “rebuild relations” with the EU “while respecting the decision of the British people” who voted to leave in 2016, the Bank of England’s governor has said. Andrew Bailey’s Mansion House speech to investors marked some of his strongest comments yet on Brexit, saying one of its consequences has been weaker trade. He has previously avoided commenting on the topic because of the Bank’s independence from
HONG KONG (Reuters) – Lui Che Woo, the casino tycoon who helped propel Macau to eclipse rival Las Vegas in gambling revenues, has died at the age of 95, his company said in a statement late on Monday. Lui, chairman of Macau casino company Galaxy Entertainment (OTC:), died in Hong Kong on Nov. 7, it said, adding that his “vision, tremendous leadership and guidance” were the foundation for the group’s
Getty Images Fujitsu Europe’s boss has admitted he “does not know” if the Post Office Horizon IT system at the heart of hundreds of sub-postmasters’ wrongful convictions is reliable. Paul Patterson told the inquiry into scandal there have been “have been bugs errors and defects” in the accountancy system and it is clear “that there is a level of unreliability” in Horizon. He agreed that this would be an issue
Getty Images The boss of Harrods has personally apologised for the first time in relation to sexual abuse allegations against the store’s late owner Mohamed Al Fayed. The BBC approached Michael Ward at the Harrods headquarters and he said: “I am very dreadfully sorry for what has happened with Al Fayed.” Hundreds of women have alleged the billionaire raped or sexually abused them. Police are looking into some claims and
