The Sanjeev Gupta metal magnate is this weekend, plots a controversial agreement to save its remaining British steel operations and avoid their collapse in compulsory liquidation – a decision that would put nearly 1,500 jobs in danger. Sky News has learned that Mr. Gupta is in talks on a pre -pack administration connected from the … Read more
Sky News has launched a free money newsletter – bringing the type of content you enjoy in the Money blog directly in your reception box. Each Friday, subscribers receive the exclusive advice and features of the team’s money behind the award -winning silver blog, which is read by millions of British each month. Register today … Read more
The investment capital company created by Jared Kushner, the son-in-law of President Donald Trump, has to participate in Oaknorth, the British lender who has set rapid expansion in the United States. Sky News has learned that Acinity Partners, which has raised billions of dollars in assets under management, signed an agreement to acquire an 8% … Read more
The largest bioethanol factory in the United Kingdom should be closed with the loss of 160 jobs after the government has confirmed that it would not be bailout to the establishment of Lincolnshire. The owners Vivergo, a subsidiary of Associated British Foods, had warned that the factory would close without government support, and business sources … Read more
The Lola cupcakes, the bakery chain which has become a familiar presence in the suburban rail stations and in the main shopping centers, is in advanced talks of a sale valuing it to more than 25 million pounds sterling. Sky News learned that Finsbury Food, the specialized bakery company that was registered on the London … Read more
Each week, our money team interviews the best leaders in the United Kingdom, hearing about their cheap food hacks, industry views and more. Today, they speak to Roger Pizey, chief pastry chief in Fortnum and Mason… A take -out dessert of supermarkets that I like is … The best Tesco meringue nests. I suppose that … Read more
A purchase specialist now, pay a specialist later who helps motorists to spread the cost of repairing their cars has won millions of books from Jaguar Land Rover, Porsche and other leading car groups. Sky News understands that Bumper, who is based in London and Sheffield, will later announce this week that he made it … Read more
The Claire’s fashion accessories channel should appoint administrators for its British activities and Ireland – putting around 2,150 jobs in danger. This decision will arouse fears about the future of 306 stores, with 278 of those in the United Kingdom and 28 years in Ireland. The editor -in -chief of the city of Sky News, … Read more
The average mortgage rate of two years has dropped 5% for the first time since the mini-budget liz truss. The interest rate billed on a two -year -old fixed mortgage agreement is now 4.99%, according to the financial information company Moneyfacts. This means that there are mortgage products of two more expensive and more expensive … Read more
The increase in salaries in the United Kingdom has continued to slow down as the number of vacancies and people at work has dropped, according to new figures. Average weekly profits slowed down 4.6% compared to 5%, while remuneration for the exclusion of premiums continued to grow 5%According to data from the Office for National … Read more