British Steel plans 400 job cuts and blames weak pound – business live

All the day’s economic and financial news, as UK steel industry faces hundreds of job cuts and Mark Carney delivers another Brexit warningLatest: British Steel blames weak pound for ‘streamlining’Chairman: Redundancies will sustain our futureUnions: It’s a body blowEarlier:China warns US it won’t surrender over trade
Introduction: Carney speaks in Dublin 1.00pm BST Mike Ashley, the founder of Sports Direct, has gone nuclear.SPD has just released an astonishing state