Britain is facing three years of slow growth, rising unemployment and squeezed consumer spending as the Brexit-induced collapse in the pound triggers a radical rebalancing of the economy.
Sterling hovered near 31-year lows on Monday after Theresa May announced the Government will trigger Article 50 by March next year.
Sterling plunged to a new 31-year low against the dollar this morning as fears over a so-called "hard Brexit" intensify.
Transport giant FirstGroup saw annual results come under pressure as it was hit by the loss of rail franchises, but said it was set to make “strong progress” despite ongoing tough trading.
Royal Bank of Scotland has reported a first-quarter pre-tax loss of £968 million - more than double last year's figure of £446 million.
The UK construction industry has fallen back into recession for the first time in four years, fuelling fears that the British economy is on course for a sharp slowdown in the wake of the Brexit vote.
The UK economy picked up pace in the run-up to the Brexit vote thanks to the strongest performance from industrial production since 1999.
Technology giant Apple has been named the world's most valuable brand despite seeing iPhone sales fall this year.
Edinburgh-based travel search website Skyscanner is being bought by Chinese giant Ctrip.com in a deal worth £1.4 billion.
Savers have been urged not to make hasty financial decisions they may later regret after the vote to leave the EU.