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Today โ€” July 22nd 2019SkyNews Business

Metro Bank confirms loan book sale talks

Troubled high street lender Metro Bank has confirmed that it is in talks "regarding the potential sale of a loan portfolio" - after details emerged of a possible deal with a major US hedge fund.

  • July 22nd 2019 at 09:01

Whirlpool recalls 500,000 fire-risk tumble dryers

Whirlpool has begun a recall of an estimated 500,000 tumble dryers over fire risk concerns - after it was ordered by the government to take action.

  • July 22nd 2019 at 08:18

Egypt 'dismayed' after BA cancels Cairo flights for seven days

Egypt's aviation minister has expressed his dismay over British Airways' decision to suspend flights to and from Cairo for a week.

  • July 21st 2019 at 18:08
Yesterday โ€” July 21st 2019SkyNews Business

Metro Bank plots ยฃ500m loan sale to Cerberus

The embattled high street lender Metro Bank is this weekend applying the finishing touches to a £500m deal to‎ offload a mortgage portfolio back to a major US hedge fund.

  • July 21st 2019 at 18:54

Database will allow renters to look up rogue landlords

Renters will be able to look up blacklisted landlords in a database under new government plans.

  • July 21st 2019 at 03:59

Passenger frustration as BA suspends flights to Cairo

British Airways has temporarily suspended flights to Cairo for security reasons.

  • July 20th 2019 at 19:16
Before yesterdaySkyNews Business

Legal eagles at Mishcon plot bumper City float

Mishcon de Reya, one of London's most prominent law firms, has kicked off secret preparations for a flotation or stake sale that would value it at several hundred million pounds.

  • July 20th 2019 at 12:50

Chernobyl FX star DNEG plots blockbuster float

A multi-Oscar-winning British visual effects house which has worked on films including First Man and Venom is preparing a blockbuster of its own: a London float that will value it at hundreds of millions of pounds.

  • July 19th 2019 at 12:06

BBC and ITV to launch BritBox streaming service to rival Netflix

The BBC and ITV have signed a deal to launch subscription service BritBox in the UK before the end of the year.

  • July 19th 2019 at 10:50

Govt borrowing leaps by 33% in tax year's first quarter

Higher spending and debt interest payments pushed government borrowing up by a third in the first three months of the tax year, according to official figures.

  • July 19th 2019 at 10:38

Outgoing RBS boss McEwan takes another tough assignment

The chief executive of Royal Bank of Scotland (RBS) Ross McEwan is to take the reins at another struggling bank when he leaves the role.

  • July 19th 2019 at 08:44

Mars missions and rockets: Cornwall in deep-space revolution

Scientists at a satellite earth station in Cornwall say they will be able to provide deep-space communication facilities for missions to Mars within the next five years. 

  • July 19th 2019 at 07:04

Crossrail is ยฃ2.8bn over budget - and MPs warn costs will rise further

MPs have launched a blistering attack on the Department for Transport (DfT) and Transport for London (TfL), as ballooning costs and long delays continue to plague Crossrail.

  • July 18th 2019 at 13:53

Public sector workers to receive biggest pay rise in six years

Public sector workers including teachers, soldiers and police officers will reportedly be given pay rises above inflation as part of new government plans.

  • July 19th 2019 at 05:09

Boeing takes $5bn compensation hit over 737 MAX crashes

Boeing is taking a $4.9bn (£3.9bn) charge to compensate airlines following the prolonged grounding of the 737 MAX fleet after two crashes.

  • July 19th 2019 at 03:54

Oil data provider Argus pulls plug on ยฃ2bn sale

The energy information provider Argus Media has called off talks about the sale of part of its biggest shareholder's stake after weeks of negotiations.

  • July 18th 2019 at 17:40

Why we should take no-deal Brexit forecast seriously

It is easy to find yourself feeling somewhat number-blind in the face of Brexit.

  • July 18th 2019 at 13:46

UK's largest pub chain poised for ยฃ1.3bn sale

Stonegate, the company behind Slug and Lettuce, Walkabout and Yates pub chains has agreed to buy the UK's biggest pub owner for £1.3bn.

  • July 18th 2019 at 14:05

Debenhams seeks ยฃ50m lifeline from lenders

Debenhams is poised to seek more financial help to see it through to the crucial Christmas trading period just three months after investors were wiped out when the chain crashed into administration.

  • July 18th 2019 at 12:57
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