Bayer offers $7.25bn to settle weedkiller cancer claims

Warsh, a 55-year-old economist, is a fellow at the right-leaning Hoover Institution and serves on the board of courier UPS. He has been an outspoken Fed critic, lambasting everything from the central bank’s heavy reliance on data to its use of assets on its balance sheet.

Josh MartinBusiness reporter Getty Images Retail sales fell unexpectedly in November as Black Friday discounts failed to boost spending, official figures show. Supermarket sales fell for the fourth month in a row, while discounts at retailers across November did not lift Black Friday spending as much as in recent years, the Office for National Statistics…

Redcar Area Foodbank Every day the foodbank reveals an item it wants people to donate A foodbank is asking for donations ahead of Christmas through a reverse advent calendar. Tracy Gibson from the Redcar Area Foodbank said it was “always busy at this time of year” and the advent calendar allowed people to give something…

In total, the Bank reckons two out of five residential borrowers, close to four million, will face a similar situation in the next few years, with an average 8% rise in repayment costs. (Although it also points out one in three are likely to see lower repayments during this time).

Katy Austin,Transport correspondentand Emer Moreau,Business reporter Getty Images Drivers over 70 will have to take an eye test every three years to keep their licence Drivers over the age of 70 will have to have their vision checked every three years, under plans to reform driving laws in Britain. The changes are part of the…