Category : Business News

BUSINESS / Business News - 14 hours ago

Embattled Co-op Bank lines up more City advice

The beleaguered Co-operative Bank will this week pick new City advisers to negotiate a restructuring deal with its investors as hopes of an outright sale of the company diminish. Sky News has learnt that the Co-op Bank is to hire investment bankers...

BUSINESS / Business News - 16 hours ago

Goals and Powerleague confirm merger talks

Five-a-side football business Goals Soccer Centre has confirmed it is in preliminary talks with rival Powerleague over a possible merger that could create a major international leisure player. The announcement comes after the talks were first report...

BUSINESS / Business News - 19 hours ago

Jones appointed as new voice of UK banking

Former Barclays and Santander executive Stephen Jones has been named as the new voice of the UK banking sector as the still-embattled industry seeks to rebuild trust. The appointment, first reported by Sky News, sees Mr Jones become chief executive...

BUSINESS / Business News - 19 hours ago

Johnstone's Paints owner touches up Dulux bid

The US firm behind Johnstone's Paints has launched, what it says, is a final bid to bag Dutch rival Akzo Nobel. PPG Industries said it was raising its offer for the company, which includes the Dulux and Hammerite brands, by 8% to €96.75 per share, v...