Author: Nathan Bissitt

Mothercare has confirmed that it plans to close 50 stores as part of a rescue plan for the beleaguered babycare retailer. The shake-up aimed at restoring the fortunes of the chain – details of which were first reported by Sky News – are likely to result in

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The government plans to reduce the maximum stake on fixed-odds betting terminals to £2. Culture Secretary Matt Hancock said ministers had decided to “take a stand” despite warnings from the betting industry – which reacted to the announcement by

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Mothercare will on Thursday take the extraordinary step of rehiring the chief executive it sacked last ‎month as it unveils a rescue plan involving the closure of 50 high street shops. Sky News‎ has learnt that the struggling retailer will announce alongside its

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The new chief executive of Royal Mail Group has been paid nearly £6m to buy him out of his contract in a move that could spark fury among former state-owned company’s trade unions and shareholders. Sky News has learnt that the board of Royal Mail has handed Rico Back,

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Mark Zuckerberg will appear before the EU Parliament in person to answer questions about Facebook’s use of data. The hearing will “hopefully” take place as early as next week, according to Antonio Tajani, the president of the European Parliament. EU

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If MPs on the Business and Work and Pensions select committees get their way, the days of the ‘big four’ audit firms – Deloitte, EY, KPMG and PwC – could be numbered. The pair’s joint report on the collapse of Carillion recommends that

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The Government is to take back control of the East Coast rail franchise after its private operators lost money. It is the third time in less than a decade that a private operator has failed to complete its full term running services on the route. Virgin Trains East

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Deliveroo, the food delivery service which is a leading member of Britain’s ‘gig economy’, is to hand staff a £10m share pot in a move towards an eventual public listing. Sky News has learnt that Will Shu, Deliveroo’s founder, told employees

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MPs have demanded an overhaul of corporate oversight while blaming Carillion’s board, auditors and regulators for the construction company’s spectacular collapse. A joint inquiry by two Commons select committees concluded no-one stopped directors

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The “City Superwoman” who has played a vital role in increasing the number of women in British boardrooms is to spearhead the first mainstream fund that will invest in UK companies based on their gender balance. Sky News has learnt that Dame Helena

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