Santander must buy TSB, becoming the third largest bank in the United Kingdom in the process. This could mean that the TSB brand is no longer visible on the main street, because Santander said that it “intended to join the TSB in the Santander UK group”. Santander agreed to pay a first 2.65 billion pounds … 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
The family behind River Island, the High Street fashion retailer, develops a radical rescue plan that could endanger a large number of stores and jobs. Sky News learned that the owners of the channel have written advisers from PricewaterhouseCoopers (PWC) to develop an official restructuring plan. The proposals, which should be finalized in a few … Read more
Donald Trump has excluded a break from the radical prices he imposed on countries around the world after a day of roller coaster at Wall Street which ended with most of the American markets. Intense oscillations were observed on the three main stock market indices on Monday while economists fear US President The samples of … Read more
Yes, there are all kinds of services. THE British economy is still online. An expansion of 0.1%, to a key measure, is about as close as possible to zero. The gross domestic product per capita – a better measurement of our standard of living – shrinks (indeed, it has shrunk for two quarters). And the … Read more
WH SMITH is in secret talks to sell all its street business in Great Britain over 230 years after opening its first store in the center of London. Sky News can exclusively reveal that the retail group listed, which has a market capitalization of nearly 1.5 billion pounds sterling, has been in negotiations with a … Read more