Author: Nathan Bissitt

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

Read More

US stocks have dropped sharply following Donald Trump’s announcement that the summit with North Korea has been cancelled. The benchmark S&P 500 Index fell by more than half a percent in the 10 minutes after the US president’s news that the event,

Read More

TV presenter Noel Edmonds was told “this isn’t a show” as he lambasted Lloyds bosses during the bank’s annual general meeting. Edmonds purchased one share at 67p so he could attend the meeting and was among 20.78% shareholders who voted against

Read More

TalkTalk says its efforts to simplify the business meant it swung to a loss in its last financial year. The telecoms and broadband supplier reported a statutory pre-tax loss of £73m in the 12 months to 31 March compared to a profit of £70m in the previous year.

Read More

Struggling Deutsche Bank says it is to cut more than 7,000 jobs, in a move that will see staff numbers in London scaled back. Germany’s biggest lender, which is battling a shareholder backlash at its AGM in Frankfurt today following three years of financial

Read More

Businesses are to be offered financial incentives if they employ ex-offenders under ambitious new plans being unveiled by the justice secretary. The inmate education and employment strategy will give individual prison governors full autonomy to tailor their programmes

Read More

TalkTalk, the telecoms and broadband group, has struck a £175m deal to offload part of its business-to-business (B2B) customer base to Daisy Group, a privately owned rival. Sky News has learnt that TalkTalk will unveil the transaction on Thursday, alongside annual

Read More

The boss of HMRC has told MPs the post-Brexit customs option favoured by Brexiteers would cost businesses up to £20bn per year. Theresa May’s Brexit “war cabinet” is divided in its support for two different options for when the UK leaves the

Read More

Comcast has confirmed it is attempting to beat Disney to win control of 21st Century Fox’s TV and film businesses. The US cable giant said it was in the advanced stages of preparing a formal offer for the assets that Fox had agreed to sell to Disney. It said any

Read More

The future of Homebase, Britain’s second-biggest DIY chain, will be decided within days as its Australian owner nears the end of its cataclysmic foray into the UK retail sector, casting fresh doubt over thousands of jobs. Sky News has learnt that advisers to

Read More