The capital-investment company at the center of a series of tenders for British companies leads to the 1.7 billion pound sterling race to buy the owner of the operations of Argos Store-Card. Sky News has learned that KKR is the fratrunner to buy Newday Group, which belongs to the cinven and CVC Capital Partners buyout … Read more
It is rare to sit with a CEO and the mother of the CEO. The proud mom is Lili Khosrowshahi; Her son, Dara, is driving Uber as managing director. “I actually say that he is working to Uber,” said Lili. “Sometimes I say he drives, he is a driver.” They sat with us to share … Read more
A healthy food standard will be introduced for supermarkets and other retailers in the government’s plans to combat levels of obesity in the United Kingdom. Within the framework of a government initiative aimed at eliminating a certain pressure NHSRetailers and food manufacturers “will make a healthy choice the easy choice” for customers in a country … Read more
Despite “in-depth” negotiations with the government, the largest bioethanol factory in the United Kingdom must conclude due to the British-American trade agreement, according to the firm that owns it. The consultations began with the more than 160 employees on the Ververgo’s Hull site, with all the manufacturing to stop on September 13 if no funding … Read more
Scottish Power, the supplier of energy belonging to the Spanish and the largest rival Ovo Energy began to hold exploratory talks of a merger that would create a company serving more than six million British households. Sky News has learned that the leaders of Iberdrola, who owns the Scottish power, and Ovo have embarked on … Read more
Police investigating the scandal of the horizon post office has now identified seven suspects, with more than 45 people classified as “people of interest”. A national team of “on -scale” officers has been in place for more than six months as part of Operation Olympos – dedicated to the search for crimes related to the … Read more
Nike costs will increase by $ 1 billion (728 million pounds sterling) if US President Donald Trump’s rates remain at the current level, investors told the company. It follows a warning from the sports brand last month that it would increase prices due to the taxes imposed on imports. The work to reduce costs is … Read more
The new look is to hire investment bankers to undertake a strategic examination which should trigger an auction of the High Street fashion chain. Sky News has learned that the owners of New Look, led by the investment company Alcentra, have opened discussions with banks on the advice on a process that takes place over … Read more
While Prime Minister Sir Keir Starmer is receding on the planned reductions in disability rights, Paul Kelso discusses the latest developments with Simon French, chief economist and research manager at Panmure Liberum. Paul also speaks to George Lagarias, chief economist of Forvis Mazars, of the way in which bond markets reacted to the U-turn. And … Read more
A marketing conglomerate listed in London which dismissed three of its senior executives this week was approached from a break of 200 million pounds Sterling. Sky News has learned that the next 15 have held talks about the sale of its “inherited” assets, who include the MHP Public Relations Financial Agency, with an anonymous tenderer. … Read more