Author: Nathan Bissitt

The owner of the Clydesdale and Yorkshire banks is this weekend locked in talks‎ with Virgin Money about an improved all-share offer to create a £4bn challenger lender. Sky News has learnt that CYBG has tabled a revised bid in recent days which values Virgin Money at

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Finance ministers at the G7 have told the US that “collaboration and co-operation has been put at risk” by its trade tariffs. A summary of a meeting of the ministers singled out the US, warning it that its actions undermine trade and weaken confidence in

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Fans of Toys R Us have expressed their sadness after it announced “everything must go” from its US headquarters – including a life-sized statue of mascot Geoffrey the Giraffe. It comes after the retailer filed for bankruptcy and announced in March

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Campaigners will next week go to the High Court to challenge a key part of the government’s “hostile environment” policy on illegal immigration. The Joint Council for the Welfare of Immigrants (JCWI) says the “right to rent” scheme, which

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A former owner of Austin Reed is closing on a rescue deal for Poundworld, the troubled bargain retailer, at the start of a month which could determine the future of more than 20,000 high street workers. Sky News has learnt that Alteri Investors, which is backed by the

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Philip Day, the high street billionaire who owns Jaeger and Peacocks, will be nominated next week to chair one of Britain’s biggest infrastructure conglomerates amid a brutal row between its former boss and the current board. Sky News has learnt that Mr Day, the

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Customers are being left stranded at the tills due to a “service disruption” impacting Visa cards. Some businesses are currently unable to process payments made using Visa cards, impacting potentially millions of customers. “Visa is currently

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Visa is operating at “full capacity”, the company says, hours after millions of customers were left unable to pay for goods and services. The firm apologised as it ruled out “malicious” activity as the cause of the disruption. There were

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Visa says it is now “working normally” after a technical issue left millions of customers unable to pay for goods and services. The financial services company also said that its customers “should not be charged” if transactions did not complete

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Mothercare has been given the green light to axe 50 underperforming stores in a move that will see 800 jobs put at risk. Mothercare said it had received the backing of creditors to press ahead with the company voluntary arrangement (CVA). This will allow the chain to

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