Elliott Advisors, the owner of Waterstones, is plotting a £700m takeover of Currys, the London-listed electrical goods retailer. Sky News has learnt that Elliott, best-known… Read More »Waterstones-owner Elliott plots £700m takeover bid for high street giant Currys
Energy bills are projected to fall by an average of 15% – equivalent to £293 in annual savings – as a mild winter meant high… Read More »Energy bills set to fall by almost £300 a year to cheapest in two years
Let’s get the provisos out of the way first. The fact that the UK is technically in recession changes nothing fundamentally. The economy had been… Read More »The dreaded ‘R’ word is difficult news for the PM
The rate of inflation has remained at 4% – despite forecasters predicting a rise, official figures show. The consumer price index (CPI) measure of inflation… Read More »Inflation rate remains at better than expected 4% as food prices fall for first time in two years
Delivery drivers for food-ordering platforms including Deliveroo, Uber Eats and Just Eat are striking on Valentine’s Day to call for better pay and conditions. Wednesday’s… Read More »‘It’s about the dignity of every worker’: Delivery drivers to strike on Valentine’s Day
Elon Musk has been ordered to testify for a third time in the probe into his takeover of Twitter, now known as X. US magistrate… Read More »Elon Musk ordered to testify for third time in probe over his £35bn Twitter takeover
Adnams, one of the most historic names in British brewing, has drafted in City advisers to raise new funding amid a deluge of insolvencies across… Read More »Historic Suffolk brewery Adnams in scramble to raise new funds
The new owners of The Body Shop are lining up administrators for its British arm just weeks after taking control of the cosmetics retailer, in… Read More »New Body Shop owner to call in administrators for UK chain
Tesco has announced the sale of most of its banking arm to Barclays in a deal worth up to £1bn. The UK’s largest retailer, which… Read More »Tesco Bank sold to Barclays in deal worth up to £1bn
Labour will announce on Thursday that it is scaling back its flagship green prosperity plan, Sky News understands. The policy will not be dropped altogether,… Read More »Labour to ditch £28bn green prosperity plan