A company that manufactures miniaturized electrical versions of conventional cars has concluded a rescue agreement led by an American merchant banking group. Sky News understands that the future of Hedley studios – formerly known as Little Car Company – has been recovered thanks to a pre -pack administration agreement. FRP’s opinion would have acted as … Read more
Sir Martin Sorrell, the advertising magnate, received a number of merger approaches for S4 Capital, the marketing services group listed in London that it founded seven years ago. Sky News can reveal that Sir Martin has been contacted in recent weeks by potential contenders, notably One Equity Partners, an investment capital company based in the … Read more
Every week, our Money The team interviews the best leaders in the United Kingdom, hearing about their cheap food hacks, opinions on industry and more. Today, they talk about the co-founder of the Green Restaurants Group, Sam Harrison… My favorite cheap meal is … Burnt on Askew Road in Shepher’s Bush, west of London – … Read more
The London of Primark’s parent applied the final touch to a historic transaction on Wednesday which will unite the brands of bread Hovis and Kingsmill under the common property. Sky News understands that an agreement for Associated British Foods (ABF) to acquire Hovis from the endless capital company is likely to be announced by the … Read more
Great Britain will not reduce its standards or have not reduced the regulations in exchange for a trade agreement with the United States, the Chancellor confirmed. Rachel Reeves Spoke before a central meeting with its American counterpart in Washington DC. In an interview with Sky News, Ms. Reeves said she was “confident” that an agreement … Read more
The prolific investor of High Street Hilco Capital approaches an agreement to finance a takeover of Lakeland, the family retailer in household items. Sky News learned that Hilco, who supported the retailers, including HMV and Superdry, and the management of Lakeland is in advanced talks with its shareholders on an agreement to take control of … Read more
In an upheaval of James Bond which aroused the film industry, Amazon MGM announced Thursday that the studio had taken the creative reins of the franchise 007 after decades of family control. Longtime Bond Guardians Michael G. Wilson and Barbara Broccoli said they would take a step back. Amazon MGM Studios, Wilson and Broccoli have … Read more
Pizza Hut’s largest franchise restaurant in the UK is set to agree a rescue deal that would save the vast majority of its UK outlets and jobs. Sky News has learned that Directional Capital, an investment company which already controls much of Pizza Hut’s restaurant operations in Denmark and Sweden, is in advanced talks to … Read more
The Post Office is proposing a sharp increase in the fees banks pay to allow their customers to access its network, in a bid to secure additional funds to increase postmasters’ salaries. Sky News understands that more than two dozen banks and building societies are considering a proposal put to them recently by the Post … Read more
A powerful government panel failed Monday to reach consensus on the possible national security risks of a proposed nearly $15 billion deal by Japan’s Nippon Steel to buy U.S. Steel, leaving the decision to President Joe Biden, a long-time opponent of the agreement. The Committee on Foreign Investment in the United States, known as CFIUS, … Read more