The Competition and Markets Authority (CMA) will today publish its final report on supermarket group Sainsbury’s takeover of Walmart-owned rival Asda, with most analysts and competition lawyers seeing little chance of the deal proceeding.

***

The process to find a new governor of the Bank of England has started with chancellor Philip Hammond appointing a head-hunting firm that specialises in diversity and placing women in top roles to conduct the search.

***

Facebook has said it will set aside $3bn (£2.3bn) to cover the potential costs of an investigation by US authorities into its privacy practices.