Articles

Tesco has poached the boss of one of Ireland’s biggest lenders to run its financial services arm, a move that will deal a blow to the state-backed Royal Bank of Scotland (RBS). Sky News has learnt that Gerry Mallon has resigned as Ulster Bank’s chief executive, based in Dublin, …

It is no surprise that Squadron Leader Andy Edgell, the test pilot for the new F-35 fighter jets being bought by the RAF and Royal Navy, says the computer game generation take to the £92m aircraft so easily. Because climbing into the cockpit of one of these planes, which …

One of Britain’s most important investors has told Sky News that “Brexit won’t be as bad” as predicted,  but says the global economic system “needs to change” because people are losing faith in capitalism. Martin Gilbert is co-chief executive of Standard Life Aberdeen, Europe’s second largest fund manager. The …

The manufacturer of Huggies nappies, Andrex toilet paper and Kleenex tissues has refused to rule out job losses among its UK workforce as it seeks to cut up to 5,500 roles worldwide. Texas-based Kimberly Clark, which employs around 1,600 staff in this country, said the job losses – up …

The publisher of Formula One’s official series of video games is lining up City bankers to help launch a £250m-plus stock market flotation. Sky News has learnt that the Indian owners of Codemasters are close to appointing Liberum, the investment bank, to oversee the listing later this year. The …

The most profitable franchises in the UK Some of the best-known brands on Britain’s high streets are franchises. From food and drink to health and fitness, franchises are slowly taking over our towns and cities. If you’re considering starting a franchise of your own, finding out which areas are …

Who owns the Subway franchise? One of the fastest growing franchises in the world, Subway has gone from being a local neighbourhood sandwich shop to a global food giant in just 50 years. Today, the franchise has a staggering 44,000 branches around the world, significantly more than Burger King …

As if the new Hinkley Point ‘C’ nuclear power station being built at Somerset were not already controversial enough, it now looks like becoming the centre of a row between National Grid and Ofgem, the energy industry regulator. The power plant, Britain’s first new nuclear power station for more …

The pound has climbed to $1.40 against the US dollar as it reached a fresh post-Brexit vote high. It came as sterling continued to rally thanks to growing optimism about the UK economy and protracted weakness for the US currency. There is also growing optimism that Britain can secure …

The biggest takeover in the UK media industry was called into question today when the Competition and Markets Authority said 21st Century Fox’s £18.5bn takeover of Sky plc, the owner of Sky News, “may be expected” to act against the public interest. The competition regulator said, in its provisional …