Reed Elsevier, the UK-listed publisher, has delayed the posting of the information memorandum on its Reed Business Information (RBI) division because it is still finalising its financing package, sources close to the situation told dealReporter.
Reed Elsevier wants to offer staple finance to prospective buyers, and so far, JPMorgan is at the most advanced stages of [...]

The British economy could shrink for a quarter or two and inflation may near 4 per cent this year, the Bank of England said on Wednesday in its bleakest forecasts since the Labour government took power in 1997.
Economists said the expected spike in inflation even further above the central bank’s 2 per cent target meant [...]