Author: Nathan Bissitt

Shares in Dixons Carphone plunged by 27% after the firm issued a profit warning for 2018/19 and announced 92 store closures as its troubled mobile phone business continues to face “challenges”. The high street giant posted an increase in sales, but said

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Starbucks is closing more than 8,000 stores across the US on Tuesday as staff undergo racial awareness training. It comes after the coffee firm apologised to two black men who were arrested while waiting for someone in a Starbucks outlet in Philadelphia. Bosses

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The “Bank of Mum and Dad” will help fund one in four property purchases this year – but is starting to feel the pinch, according to new research. Figures from Legal & General and economics consultancy Cebr suggest young homebuyers are growing

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Sparkling wine sales have continued to rise but at a slower rate, suggesting the UK could be approaching “peak prosecco”. Research by accountancy group UHY Hacker Young found that 35.8 million gallons of sparkling wine was sold last year, an increase of 5%

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The government is poised to sell a multibillion pound stake in Royal Bank of Scotland (RBS), resuming a huge privatisation programme that has been stalled for three years. Sky News has learnt that City bankers and investors have been ‎primed to expect a disposal of

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WHSmith has been voted the worst high street retailer in the UK this year, in a Which? survey of over 10,000 shoppers. Customers complained of out-of-date WHSmith stores, expensive products and poor customer service in the survey of 100 major retailers which was

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One of Britain’s biggest engineering conglomerates is examining a potential transatlantic merger of its healthcare business‎ amid speculation that it could become the next London-listed target for an activist investor. Sky News has learnt that Smiths Group,

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It has been a month since TSB began a long-planned IT upgrade to move 1.3 billion customer records away from its old parent company Lloyds and on to a platform created by its new Spanish owners Sabadell.  But the move went disastrously wrong, with up to 1.9 million

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Guy Hands, the private equity tycoon, is exploring a £2.5bn bid for Quintain, the London-based property group, in an effort to establish an £8bn UK-wide real estate empire. Sky News has learnt that Mr Hands’ buyout firm, Terra Firma Capital Partners, is

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Sir Richard Branson has said he is undergoing astronaut training and is just months away from being catapulted into space. The 67-year-old Virgin boss has set his sights on turning commercial space travel into a reality since he founded Virgin Galactic and hopes to be

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