The Work and Pensions committee is calling BHS’s former owner for questioning over Britain’s biggest retail failure in eight years * Latest: MPs to summon Green * Labour MP: Green must return dividends or lose knighthood * Pressure building on Sir Philip * Michael White: Politicians in thrall to business chiefs * BHS crisis dominates front pages 6.39pm BST As the US Federal Reserve holds its latest two day meeting there have been more signs the the world’s largest economy is not exactly firing on all cylinders: U.S. service sector growth remains subdued in April, despite headline index rising to 52.1 (51.3 in March) https://t.co/gwTwhDcXeC #PMI Markit Flash U.S. Composite #PMI up slightly to 51.7 in Apr (Mar: 51.3), signals subdued #GDP growth at start of Q2 pic.twitter.com/2r0hOwVMim 5.26pm BST For those wondering what was happening with the Greek bailout talks and whether there would be a new Eurogroup meeting this week as promised (threatened?), there’s this from a correspondent for Greece’s Kathimerini: A teleconference is expected tonight with @J_Dijsselbloem participating +deciding if there is going to be extraordinary #Eurogroup on Thurs. Continue reading...
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