Author: Nathan Bissitt

House prices recorded their sharpest month-on-month decline for nearly eight years in April, according to lender Halifax. Prices fell by an unexpectedly steep 3.1% compared with March in the latest sign of weakness in the property market and wider consumer slowdown.

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The restaurant chain Cote is examining plans for a wave of site closures, underlining the slowdown which threatens thousands of jobs across Britain’s casual dining sector. Sky News has learnt that Cote, which is owned by the private equity firm BC Partners, is

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Plans for a merger between Big Six energy suppliers SSE and npower face an in-depth investigation by regulators on fears that the deal could mean higher bills for households. The Competition and Markets Authority (CMA) found after an initial inquiry that the tie-up

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Clydesdale and Yorkshire Banking Group (CYBG) has made a takeover offer for rival Virgin Money. The all-share “preliminary approach”, which values Virgin at about £1.6bn, would create a company with six million personal and business customers and create a

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A public consultation is being launched to find ways of simplifying the rail ticketing system that currently means 55 million different fares exist. The study, which will be carried out by The Rail Delivery Group (RDG), which represents private train operators

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Every 25-year-old in the country should be given a £10,000 Government grant in an effort to solve the yawning economic gap between the generations, a prominent think tank has proposed. The proposal for a Citizen’s Inheritance, to be funded by a revamped, tougher

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One of Britain’s biggest buy-to-let property lenders is in talks to take over a £600m specialist real estate finance group‎ in the latest sign of challenger banks’ efforts to find new sources of growth. Sky News has learnt that Paragon Banking Group has

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[unable to retrieve full-text content]Interested in franchising? Make sure you do your research first. Source: Feed Burner

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BT Group has sparked a bitter legal fight with ministers over pension reforms which it claims have increased the burden of one of the biggest retirement scheme liabilities in corporate Britain. Sky News has learnt that BT’s lawyers have sent a letter before

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Plans to stop the sale of new cars that are unable to drive more than 50 miles using electric power are to be announced, Sky News understands.   Industry publication Autocar reported that a Government “ban” on such cars would be enforced from 2040 as part

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