Author: Nathan Bissitt

There are not many 81-year-olds capable of striking fear into financial markets – but Paolo Savona appears to be one of them. The economist and university professor is the man that Italy’s new prime minister, Giuseppe Conte, wishes to name as his finance

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A strong performance at Viridor, its waste recycling business, helped Pennon Group, the owner of South West Water, to solid annual results. The company, which provides water and waste-water services to more than one million households and businesses in the West

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Royal Bank of Scotland (RBS) has been ordered to delay naming its new strategy chief after a warning from the Treasury that it is risking a conflict of interest row. Sky News has learnt that the taxpayer-backed lender has been told to wait until after its annual

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George Osborne has added another job to his portfolio, tying him to one of the richest families in Italy. The former chancellor will chair a partners council overseeing Exor, the listed holding company of the Agnellis. Companies owned by the £10.5bn family investment

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Struggling hardware chain Homebase has been sold to retail turnaround specialist Hilco Capital for £1.  Homebase was put up for sale by its Australian owner earlier this year, just two years after completing a £340m takeover. Sky News learnt on Thursday that Hilco

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Apple has been awarded damages of $539 m (£402.7m) in its long-running legal dispute with rival Samsung. A jury, which deliberated for almost five days, backed Apple’s claim that Samsung had copied some of its technology used to power the iPhone. It’s the

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UK exporters are being held back because of widespread labour shortages, a study has found. The shortages are especially bad in the manufacturing sector, according to research by the British Chambers of Commerce and DHL. Two-thirds of manufacturers are struggling to

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The investor which rescued HMV five years ago is close to striking a deal to buy Homebase, Britain’s second-biggest DIY chain, that would inevitably lead to further retail sector job losses. Sky News has learnt that Hilco Capital, which specialises in working

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McLaren Racing’s chief executive has backed Liberty Media’s plans for Formula 1, amid speculation that other big names – such as Ferrari – may leave the competition. Zak Brown told Sky’s Ian King Live programme that the sport could

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The Bank of England would potentially cut interest rates and print more money if there were a “hard” Brexit, the Bank of England governor has signalled. In a speech in London, Mark Carney said the Bank’s forecasts, which imply interest rates would go

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