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Ratcliffe closing in on minority stake at Man Utd: reports
Ratcliffe closing in on minority stake at Man Utd: reports
by  AFP

British billionaire Jim Ratcliffe could finalise a deal to become a minority shareholder at Manchester United during this month's international break, according to reports on Friday. Sheikh Jassim withdrew from the process last month, while Ratcliffe continued to pursue a minority shareholding.

British economy stalls in third quarter
British economy stalls in third quarter
by  AFP

Britain's economy stagnated in the third quarter, official data showed Friday, weighed down by elevated inflation and interest-rate hikes. The data comes one week after the Bank of England froze interest rates at a 15-year high of 5.25 percent to tackle high inflation, and forecast the economy would flatline next year.

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