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Liberty Global Ltd. drew a crowd on Thursday at a Morgan Stanley leveraged-finance conference in London as investors peppered executives about the cratering debt of its telecommunications joint venture.
The Canadian branch of the billionaire Weston family agreed to buy health retailer Boots for $8.9 billion including debt, in another change of hands for the pharmacy chain and a UK return for the former owner of Selfridges.
The Bank of England kept interest rates unchanged at 3.75% while warning that a hike may be needed if inflationary pressures intensify as a result of conflict in the Middle East. Bloomberg's Lisa Abramowicz and Jonathan Ferro react to the breaking news. (Source: Bloomberg)