Holly Williams

Britain's official statisticians have admitted that efforts to overhaul unreliable data on Britain's jobs market may not be ready until 2027, leaving

Mr White, who led Irn Bru firm AG Barr for 22 years until May, will take on the role on January 20.

The 211-year-old bank note printer reported a 7.6% drop in underlying earnings to £7.3 million for the six months to September 30.

Boss Clive Vacher said the firm was still in discussions with suitors over a potential sale of the firm as a whole or the currency division.

The 211-year-old group is in the process of being broken up after agreeing the sale of its authentication arm in October for £300m

Bulmers maker C&C Group has hired former AG Barr boss Roger White to take the helm after its former chief executive quit in the wake of an accounting blunder. Mr White - who led Irn Bru firm AG Barr for 22 years until May - will take on the role on January 20. C&C said Ralph Findlay will then return to the post of non-executive chairman, having taken over the top job on an interim basis after Patrick McMahon quit abruptly in June in the wake of accounting errors which cost the firm millions of pounds. Mr McMahon stepped down after C&C said it had found failures in the company's accounting and that opportunities had been missed to spot and address issues. He had only been in the post for a year, having been promoted from finance chief to replace David Forde, who had overseen the implementation of a botched IT system. Mr Findlay said Mr White was an "acknowledged high-calibre leader". He added: "He will bring an exceptional combination of extensive branded drinks sector expertise, understanding of our markets and a proven track record of delivery. "His knowledge and insight will be of great relevance and invaluable to C&C." At C&C, Mr White will be paid £650,000 a year as a base salary, plus pensions and benefits, and a potential £812,500 a year in performance-related bonuses. Mr White said: "C&C has a unique business model, great brands and a committed team, with the potential to create significant long-term value. "I look forward to working with the board and the wider team to lead C&C through the next phase of its development." C&C, which is headquartered in Dublin, Ireland, will be hoping for stability at the top after a difficult past two years. It took a 17 million euros (£14 million) hit to profits from past years from the accounting errors that led to the departure of Mr McMahon. Mr McMahon said on stepping down that he acknowledged "relevant shortcomings" that had happened at a time when he had overall responsibility for the group's finance function, adding it was therefore "in the best interests of the group" for him to leave, C&C said in June.

The group said it was in discussions with UK private equity firm Disruptive Capital GP and Pension SuperFund Capital over the potential stake sale.

The banknote printer said it was in discussions with two firms over the potential stake sale, which would price its shares at £1.25 each

CBS News goes inside a Syrian prison holding thousands of ISIS fighters, where the U.S.-backed forces in charge say the Assad regime's collapse presents new risks.

CBS News goes inside a Syrian prison holding thousands of ISIS fighters, where the U.S.-backed forces in charge say the Assad regime's collapse presents new risks.