With the Humvee contract in limbo, Granite Tactical Vehicles was stuck in the research-and-development phase at this point, it amounted to tinkering while the company waited on Washington.

NEWYORKER: Coming Apart

The government has rejected calls to abolish GCSEs, but ministers believe they "will over time evolve into a progress check" at the mid-point of the 14 to 19 phase of education.

BBC: GCSEs 'too easy' for brainy pupils

We expect an inflection point and a time-consuming price discovery phase for global markets after world liquidity conditions tighten.

FORBES: Malpass: 'Sturdy, Not Fragile'