Sterling fell 0.1% against the US currency to $1.266 this morning, slipping below its starting level for the year. The pound had previously climbed above $1.34 in September, buoyed by expectations ...

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The owners of Gail's, the fast-growing chain of bakeries which found itself at the centre of a row about the gentrification of London suburbs earlier this year, have hired bankers to handle a sale ...