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Yesterday โ€” May 26th 2019SkyNews Business

Cobra beer founder Bilimoria lined up as CBI president

Lord Bilimoria, the cross-bench peer who founded Cobra beer and backs a second EU referendum, is being lined up as the next president of the CBI.

  • May 26th 2019 at 12:04
Before yesterdaySkyNews Business

ยฃ1.6m drug becomes world's most expensive

Swiss pharmaceutical giant Novartis has won approval for a new gene therapy drug which is priced at a record £1.67m per treatment.

  • May 25th 2019 at 15:31

Bovis swoops with offer for rival Galliford Try

Two of the UK's biggest housebuilders have kicked off secret talks about ‎a tie-up just two years after a previous set of merger discussions broke down.

  • May 25th 2019 at 10:15

CVC revs up ยฃ1.2bn sale of warranty giant D&G

The former owner of Formula One motor racing is revving up a fresh attempt to offload Domestic & General (D&G), the warranty giant which insures millions of Britons' household appliances.

  • May 24th 2019 at 13:06

Mothercare sees 'improving UK trends' as losses leap

Mothercare has reported a 20% leap in losses for its last financial year but says it is now starting to see "improving trends" in its core UK market as it continues attempts to transform the business.

  • May 24th 2019 at 08:27

Old Mutual suspends boss over 'breakdown in trust'

The financial services firm Old Mutual has suspended its chief executive Peter Moyo, citing a "breakdown in trust".

  • May 24th 2019 at 07:56

Trade war escalation 'to cost households ยฃ656 a year'

The average US household will be left $831 (£656) worse off as a result of the latest hikes in tariffs on Chinese goods in the nations' trade war, according to economists.

  • May 24th 2019 at 07:00

Sir Philip Green 'grabbed women's breasts and bottoms', Lords told

Hundreds of grievance cases were raised against Sir Philip Green for slapping women's bottoms and grabbing their breasts, a Labour peer has claimed.

  • May 23rd 2019 at 14:08

Triton swoops to bid for Thomas Cookโ€™s Nordic arm

One of Europe's largest buyout firms has approached Thomas Cook Group about a takeover of its Nordic airline and tour operator that could help the British company improve its fragile financial outlook.

  • May 23rd 2019 at 10:54

B&M to open dozens of new shops as other chains struggle

Discount goods retailer B&M says it is planning to open 50 new stores this year as its emphasis on value attracts wary shoppers.

  • May 23rd 2019 at 08:36

The Body Shop owner snaps up Avon in ยฃ1.6bn deal

The owner of The Body Shop, Natura, is snapping up direct-selling cosmetics firm Avon in a deal that values the UK company at £1.6bn.

  • May 23rd 2019 at 07:07

Costly phone call! Distracted shoppers spend more

Using a mobile phone while in the supermarket increases what customers spend by 41% on average, according to new research.

  • May 23rd 2019 at 03:29

Italian fashion house Prada to stop using fur

Italian luxury fashion house Prada has announced it will stop using animal fur from next year.

  • May 22nd 2019 at 14:09

Ex-BT chief Patterson gives up ยฃ500,000 bonus

The former chief executive of BT Group has waived half of his £1m annual bonus for his final year at the helm amid a fresh escalation of shareholder hostility towards multimillion pound pay deals at blue-chip companies.

  • May 22nd 2019 at 20:31

Royal Mail delivers dividend disappointment to posties

Royal Mail has delivered disappointing news today to the 400,000 or so private investors and employees who own its shares by announcing a cut in the dividend.

  • May 22nd 2019 at 19:59

Sir Philip Green's woes as plans for 23 store closures revealed

Sir Philip Green is on course for a fresh clash with regulators after his Arcadia retail empire launched a rescue plan which would see 23 stores shut and its pension scheme contributions slashed.

  • May 22nd 2019 at 18:17

UK chip designer Arm hangs up on under-fire Huawei

UK chip designer Arm Holdings has cut off relations with Huawei to comply with tough US sanctions against it, dealing a blow to the Chinese firm's ability to develop new smartphones.

  • May 22nd 2019 at 17:09

Gas network fined ยฃ44m after leaving homes cut off

Gas distribution firm Cadent has been fined a record £44m after leaving customers disconnected, failing to pay compensation, and losing records for 775 high rise flats in its network.

  • May 22nd 2019 at 14:54

Austerity has had 'tragic social consequences' for UK, says UN

An "ideological" drive for austerity has had "tragic social consequences" and resulted in the UK violating its human rights obligations, the UN has claimed.

  • May 22nd 2019 at 11:17
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