Author: Nathan Bissitt

It has been announced that 25 Poundworld stores are to be closed down, with the loss of 242 jobs. The decision was taken by administrators for the failed bargain retailer – appointed last month after last-ditch rescue talks failed. Deloitte had been trying to

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Customers of TSB have taken to social media to complain about being locked out of their bank accounts. Digital banking customers were hit by a glitch on Tuesday – just over two months since a botched IT migration left the bank’s systems in chaos for weeks,

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Sir Martin Sorrell has beaten his former employer WPP to buy Dutch digital agency MediaMonks for an undisclosed sum. Mr Sorrell’s S4 Capital had taken on WPP in a bitter battle to take control of the Dutch company, thought to be worth €300m (£265m). WPP, the

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Uber and Alphabet are investing in start-up Lime as competition in the bike and scooter hiring industry hots up.  Lime raised $335m (£232m) in a round of funding led by GV, formerly Google Ventures. Other new investors include Google’s parent Alphabet, IVP,

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An AIM-listed social services group has proposed a £600m merger with one of its peers in a bid to create a FTSE-250 specialist healthcare provider. Sky News has learnt that CareTech Holdings approached struggling Cambian Group with a 210p-a-share offer several weeks

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Demand for beer, barbeques and big-screen televisions ahead of the World Cup lifted retail sales last month. The British Retail Consortium (BRC) said like-for-like sales increased by 1.1% in June, compared to 1.2% in the same month a year ago. Total sales increased

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Starbucks is to ban plastic straws from all of of its stores by 2020, amounting to the elimination of more than one billion plastic straws each year. The coffee chain becomes the largest food and drink company operating globally to do so, citing the environmental

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Plans to install more charge points for electric vehicles in a bid to boost ultra-low emission models will be announced today. Transport Secretary Chris Grayling will unveil the proposals that could make it easier to recharge electric vehicles than refuel petrol or

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Japanese automaker Nissan says it found emissions and fuel economy data had been falsified at most of its factories in Japan. Nissan said data had been deliberately “altered” although the company did not say how many cars had been affected. The company,

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Mothercare has increased the number of stores it plans to close to 60, resulting in the loss of 900 jobs. The struggling retailer said its subsidiary Childrens World has been placed into administration and it will transfer 13 of its 22 stores to Mothercare. Last

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