Bloomberg A seven-year-old US startup is set to become the biggest private tenant in London just as the UK’s economic outlook worsens. Three years after entering the British capital, WeWork Cos. has signed leases that will make it the city’s No 1 private-sector user of office space, according to data compiled by CoStar Group Inc. for Bloomberg. The rapid growth …

Bloomberg Telecom Italia SpA Chief Executive Officer Amos Genish expects to restore the credit rating of Italy’s former phone monopoly to investment grade next year, potentially opening up a cheaper source of financing and a wider pool of investors. Genish plans to demonstrate progress in 2018 on Telecom Italia’s goal of lowering debt to 2.7 times its earnings before interest, …

Bloomberg Britain announced plans to generate savings of as much as 15 billion pounds ($20 billion) a year by improving productivity in sectors such as construction and transport. New programmes to increase efficiency were published alongside the government’s 600 billion-pound infrastructure pipeline, which sets out a series of publicly and privately funded projects over the next 10 years, the Treasury …