Author: Nathan Bissitt

The City tycoon Michael Spencer is in advanced talks to back the online investment platform AJ Bell in a move that will bolster its hopes of completing a £500m stock market listing later this year. Sky News has learnt that Mr Spencer’s private investment

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Digital payments giant PayPal is to swallow up Swedish financial technology start-up iZetttle for $2.2bn. The announcement came after Sky News revealed that the two companies were in advanced talks. It marks the largest ever acquisition by California-based PayPal,

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Britain’s competition regulator has confirmed it is investigating the planned merger between Sainsbury’s and Asda. The Competition and Markets Authority (CMA) said it was inviting interested parties to comment on the impact of the deal ahead of a formal

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The digital payments giant PayPal Holdings is in advanced talks about a takeover of iZettle in a move that would gatecrash one of the European technology sector’s biggest stock market flotations. Sky News has learnt that PayPal could announce its intention to

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Some of the City’s leading figures are being drafted in to aid a Government-commissioned probe of the audit regulator, days after a scathing parliamentary report castigated it over the collapse of Carillion, the construction group. Sky News has learnt that Sir Peter

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The FTSE 100 has registered a new record high – signalling some cheer for UK pension funds as the economy stagnates. London’s premier share index closed Thursday’s session at 7787 points – a rise of 53 on the previous day as utility and retail

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National Grid is one of those businesses that everyone assumes is quintessentially British. Today’s full year results, though, highlight that it is increasingly a transatlantic company. Operating profits from its US operations were £1.7bn, the same as they were

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The future of the oldest gunmaker in the US has been secured after it completed a debt-cutting deal with creditors. Remington Outdoor chief executive Anthony Acitelli said it was “morning in Remington country”, signifying the new lease of life for the firm

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