Author: Nathan Bissitt

Mothercare has increased the number of stores it plans to close to 60, resulting in the loss of 900 jobs. The struggling retailer said its subsidiary Childrens World has been placed into administration and it will transfer 13 of its 22 stores to Mothercare. Last

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One of the tech world’s most hotly anticipated stock market listings made a lacklustre start to trading amid concerns of a trade war and the valuation of the company.  Shares in Xiaomi, the Chinese mobile phone maker, slid almost 6% at the start of trading in

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The collapse of outsourcing giant Carillion has exposed fundamental flaws in the government’s approach to contracting, MPs said in a report.  The Government’s overriding priority for outsourcing is spending as little money as possible while forcing

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David Davis – the minister at the forefront of negotiations with the EU – has resigned as Brexit secretary. He said it looked “less and less likely” the party would deliver on the Brexit result and the Tory commitment to leave the customs union

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BP petrol stations across the UK are currently unable to accept card payments, according to Highways England. The agency said “We’ve been advised that all BP fuel stations across the UK are experiencing issues accepting card payments. “Currently

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BP customers were left unable to pay for petrol by card for about three hours on Sunday evening. The glitch brought chaos to its 1,280 sites across the UK, and the company says a “full investigation” has been launched to determine the cause of the outage.

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The City grandee who narrowly survived a bid to oust him as chairman of Stobart Group is lining up a succession plan that will see him step down within months. Sky News has learnt that Iain Ferguson, the former boss of Tate & Lyle, has discussed with boardroom

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The Co-op‎ Group has made an audacious knockdown bid to take over Costcutter, one of Britain’s biggest independent grocery retailers, amid an accelerating shake-up of the food industry. Sky News has learnt that the Co-op, which has been revived after nearly

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The leisure industry tycoon who took Pizza Express public 25 years ago is among a trio of suitors circling the struggling steak chain Gaucho. Sky News has learnt that Hugh Osmond, whose other investments in the casual dining sector include Strada, has tabled a

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