Category : Business News

BUSINESS / Business News - 2 months ago

Money Shop owner puts UK arm up for sale

One of Britain's biggest short-term lenders is being put up for sale as its American owner retreats from a market in which profits have been squeezed by a regulatory clampdown. Sky News has learnt that the Money Shop's parent company, Dollar UK, has...

BUSINESS / Business News - 2 months ago

Diesel cost 'up £10 a tank' on year ago - RAC

Rising fuel prices mean drivers of petrol cars are paying an average £8 more to fill up than they were a year ago, with diesel customers forking out £10 more. And, according to the RAC's latest Fuel Watch data, prices are set to continue going up wi...

BUSINESS / Business News - 2 months ago

Sports Direct chairman faces new investor vote

Sports Direct founder Mike Ashley may have to ride to the rescue of the retailer's chairman again as Keith Hellawell faces a new investor vote on his position. A previous vote by shareholders at a tumultuous AGM in September saw 53% of independent i...

BUSINESS / Business News - 2 months ago

Ashley forced to save Sports Direct chairman

Sports Direct founder Mike Ashley has rescued chairman Keith Hellawell for a second time after a fresh vote by independent investors rejecting his reappointment. A previous vote by shareholders at a tumultuous AGM in September had seen 53% of indepe...

BUSINESS / Business News - 2 months ago

Fed could quicken rate hikes after Trump win

US officials have said they might have to increase the pace of interest rate hikes if Donald Trump's stimulus programme threatens to pump up inflation. Minutes of the US Federal Reserve meeting last month did not mention the President-elect by name...