It’s been a tough two decades for UK-listed firms. BP, Shell and HSBC have dropped out of the ranks of the world’s largest listed companies. Britain’s current largest firm, AstraZeneca, doesn’t even m

MILITARY

CITY

After World War II, America and its allies put in place a set of alliances, institutions and power structures to rebuild war-ravaged countries, create geopolitical stability and generate global econom

Petrofac goes bust: Around 2,000 jobs in Scotland are at risk after North Sea oilfield services group Petrofac filed for administration, says Philip Georgiadis in the Financial Times. The trigger was

Britain’s neglect of its maritime heritage has led to shuttered shipyards, ailing fishing fleets and impoverished coastal towns