Fourteen new trains are to be built at a Hitachi factory in County Durham, securing hundreds of jobs. The plan saves 700 jobs with a £500 million investment for the Newton Aycliffe site. The factory and its workers faced an uncertain future with a looming break in their order book before work began. HS2 (High … Read more
A music streaming service, whose shareholders include U2 bassist Adam Clayton and financier Guy Hands, is set to undergo a solvent restructuring that will pave the way for it to launch a series of new interactive TV channels in the UNITED STATES. Sky News has learned that the assets of MagicWorks, which trades as ROXi, … Read more
Lomond Group, the letting agent chain owned by an arm of Britain’s biggest lender, is to change hands in a deal worth around £450m. Sky News has learned that ICG, the London-listed investor, has agreed a deal to invest in Lomond following a months-long auction. Municipal sources indicated that an agreement should be signed in … Read more
In a significant development for the music industry and his fans, NBA rapper YoungBoy, real name Kentrell Gaulden, has pleaded guilty to several charges related to drug fraud. The plea took place Monday in a Logan, Utah, courtroom, where the 24-year-old entertainer faced serious allegations that could have altered the course of his career. During … Read more
The government has brought in city lawyers to review a proposed bailout deal from Harland & Wolff, the owner of the shipyard that built the Titanic. Sky News has learned that ministers have called in external advisers to assess whether the renegotiation of a Ministry of Defense contract to facilitate the sale of the company … Read more