ECB warns banks against Brexit 'empty shells'

European regulators have warned banks working on post-Brexit plans that they will “need to have substance locally” to serve European clients.The European Central Bank said some of the proposals it has reviewed are inadequate and risk creating “empty shells”.Many banks currently gain access to the European market through UK …

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Price of Football 2017: Premier League clubs cut or freeze majority of prices

More than 80% of ticket prices in the Premier League have been either reduced or frozen for the 2017-18 season, the BBC’s Price of Football study has found.Average season ticket prices across English football’s top flight are at their lowest levels since 2013, having fallen for the second consecutive …

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PM: I'll take charge of house building efforts

The Prime Minister has vowed to take “personal charge” of Government efforts to increase house building across the UK. It comes as the Chancellor hinted next week’s Budget will include new measures to assist first-time buyers, but warned there was “no silver bullet” for solving the housing crisis. In …

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Deloitte exec risks row over jibe at Boris

A top executive at the accountant Deloitte has risked reopening a rift with the Government by publicly mocking the Foreign Secretary, just months after the firm was allowed to resume bidding for Whitehall contracts. Sky News can reveal that Sharon Thorne, the deputy chief executive of Deloitte in north-west …

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Record numbers of EU workers in UK since Brexit

Record levels of EU nationals are now working in the UK, official figures have revealed. An estimated 2.38 million employees from other EU member states were working in Britain from July to September this year, the Office for National Statistics (ONS) found. This is the highest number recorded since …

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GoCompare spurns takeover offer

Price comparison website GoCompare has rejected a £460m takeover bid from rival ZPG.GoCompare, said it had “unanimously and unequivocally” rejected the unsolicited offer from the Zoopla and uSwitch owner.GoCompare shares jumped 10% after news of the approach, while shares in ZPG edged up 0.4%, valuing it at about £1.5bn.Meanwhile, …

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