Author: Nathan Bissitt

Nationwide Building Society says “intense competition” hit its bottom line over the past financial year as it chose to put its members’ interests first. The mutual said pre-tax profits in the 12 months to 4 April came in at £977m – a 7.3% fall

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Sony is to take control of EMI Music Publishing – home to Pharrell Williams and The Beatles’ back catalogue – as part of a new ambition to invest more in creative content. The electronics and entertainment company has been embarking on a drive for

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Business leaders from across the UK have urged Theresa May to focus on pressing problems for the economy from potholes to house building – and not just Brexit talks. In a letter published by the British Chambers of Commerce (BCC), they acknowledge the importance

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A consortium of racing industry heavyweights has clinched a deal to buy a stake in the Tote, paving the way for a full takeover of one of the betting industry’s best-known brands within five years. Sky News has learnt that Alizeti Capital handed over roughly

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Iran will face the “strongest sanctions in history” if it doesn’t change course, US Secretary of State Mike Pompeo has warned. Following US President Donald Trump’s withdrawal from the 2015 Iran nuclear deal, Tehran has now been issued with a

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US cable giant Comcast is unlikely to face a regulatory review of its £22bn takeover bid for Sky, the owner of Sky News. Culture Secretary Matt Hancock said he was “not minded” to refer the bid to the Competition and Markets Authority (CMA) for deeper

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The exhibitions group run by a former boss of the media regulator and aide to Gordon Brown faces a fierce investor backlash this week over proposals to hike potential payouts to its senior executives. Sky News can reveal that Informa, which is in the process of buying

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Three charges against Barclays over its emergency fundraising during the financial crisis have been dismissed. The Serious Fraud Office (SFO) had accused the bank of two offences of conspiring to commit fraud by false representations regarding advisory services

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The FTSE 100 has surged to a new record high as investors welcome signs President Trump’s planned trade war with China is “on hold”. A series of factors helped push values up on the opening – the index rising 0.5% and comfortably above the 7800

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Ryanair has reported a 10% rise in annual profits despite the impact of its costly pilot rota failure last autumn that hit the travel plans of 700,000 customers. The no frills carrier said profits after tax came in at €1.45bn (£1.27bn) in the 12 months to 31 March

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