All three main sectors of the economy in decline after strikes by doctors, radiographers and teachers, while construction and retail hit by wet weather
The UK chip designer Arm could fetch a valuation of at least $54.5bn in its flotation in New York, according to reports.
The company, which is owned by Japan’s SoftBank, received enough backing from investors to secure at least the top end of the price range in its initial public offering, which would give it a $54.5bn valuation, Reuters reported last night.
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