Category : Business News

BUSINESS / Business News - 5 days ago

Co-op Group in stand-off over bank rescue

The Co-op Group is locked in a stand-off this weekend with a consortium of hedge funds about a £200m pensions deal that would pave the way for a rescue of the mutual's former banking arm. Sky News has learnt that talks involving the Co-operative Ban...

BUSINESS / Business News - 6 days ago

Hammond: UK needs pragmatic Brexit approach

Chancellor Philip Hammond said Britain should prioritise jobs and prosperity and take a "pragmatic" approach as it begins Brexit talks next week. The comments at a meeting of EU finance ministers in Luxembourg come amid reports of divisions between...

BUSINESS / Business News - 6 days ago

Hammond: UK must be pragmatic in Brexit talks

Chancellor Philip Hammond said Britain should prioritise jobs and prosperity and take a "pragmatic" approach as it begins Brexit talks next week. The comments at a meeting of EU finance ministers in Luxembourg come amid reports of divisions between...

BUSINESS / Business News - 6 days ago

CBI president gets backing for third term

Britain's biggest business lobbying group is poised to grant its president an unprecedented third year at its helm amid deepening anxiety in the private sector about the likely progress of the Government's Brexit negotiations. Sky News understands t...

BUSINESS / Business News - 6 days ago

Three fined £1.9m over 999 network failure

Mobile phone operator Three has been fined £1.9m by regulator Ofcom after a weakness in its emergency call network was uncovered. Ofcom said it found that the company broke a key rule designed to ensure everyone can contact 999 services at all times...