Author: Nathan Bissitt

Philip Hammond has angrily denied that he and the Treasury are “the enemy of Brexit”, while pouring scorn on claims that a £20bn boost for the NHS will be funded by a “Brexit dividend”. In his Mansion House speech in the City of London, the

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Since the referendum and even before it, Leavers and Remainers alike have been hopeful that the EU would not seek to ‘punish’ the UK for its vote, but work to come up with a constructive trading partnership following Brexit. Integral to that has been the

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The former controlling shareholder in Formula One motor racing has made a takeover approach to investors in GEMS Education, a Dubai-based schools group which has been planning a £3bn London flotation. Sky News has learnt that CVC Capital Partners is in talks about a

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The Bank of England has kept interest rates on hold but pressure for an increase has grown on the monetary policy committee (MPC). Minutes from the meeting showed that the bank’s chief economist Andy Haldane had joined two other members of the rate-setting

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TSB’s response to the failure of its notorious IT migration faced initial criticism from the team of specialists it called in to help, it has been revealed. The treasury select committee of MPs, which has been investigating the fallout, has released the findings

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The senior auditor who signed off BHS’s accounts days before its sale by Sir Philip Green backdated his audit opinion and spent just two hours working on the file, according to an explosive memo from his former employer. Sky News has obtained an email written by

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Dixons Carphone has reported a 28% fall in annual profits, with its new chief executive admitting “we have plenty of work to do” as the firm battles back from a damaging hack on customer bank details. The company, which employs more than 40,000 staff and

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Poundworld has started a closing down sale across its entire estate of shops – but says it still hopes to survive. The retailer, which went into administration earlier this month, sent a memo to staff saying that “trading has been difficult for a

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