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The former owner of Wagamama restaurants is in detailed talks to buy Britain’s third-biggest funeral services provider in a deal worth close to Β£200m. Sky News has learnt that Duke Street is in exclusive negotiations to acquire Funeral Partners from fellow private equity firm Montagu Private Equity. Sources said the talks were ongoing and could…
The energy price cap is on course to remain steady through this winter but may jump in six months’ time, according to a respected industry forecast. Ahead of the 2% rise in the default tariff, which is imposed from Wednesday until the end of December, Cornwall Insight said it was currently predicting that the latest…
The group of lenders which want to take control of Britainβs biggest water utility and keep it out of government ownership are to pledge to the industry regulator that they will not offload the company before the end of the decade. Sky News has learnt that Thames Water‘s largest creditor group, which account for the…
YouTube has agreed to pay $24.5m (Β£18.1m) to settle a lawsuit brought by Donald Trump after it banned his account following the January 6 Capitol riot. The US president was suspended from the Google-owned platform over his role in the insurrection, which saw his supporters attempt to stop Joe Biden’s 2020 election win from being…
There were times – quite a few of them in the past few months – when people speculated that Rachel Reeves would not survive as chancellor into the winter. It has been an especially bruising year for the Chancellor of the Exchequer – from the tears in the House of Commons to the various U-turns…
A University of Cambridge spinout which produces medical treatments for horses and livestock will this week announce a near-Β£5m fundraising from a syndicate of high-profile shareholders. Sky News understands that NoBACZ Healthcare has secured the capital from backers led by The Yield Lab, a specialist investor in European agriculture and food technology businesses. Adjuvo, the…
Rachel Reeves will stress the need for “hard work matched by fair reward” when she unveils plans for a “youth guarantee” to drive down unemployment. The chancellor will make the case for a society founded on “contribution” in her speech at Labour‘s annual conference in Liverpool today. She is expected to confirm plans for every…
The outgoing boss of the British Olympic Association will this week be named as the new chief executive of one of Europe’s biggest e-commerce platforms for sports and outdoor enthusiasts. Sky News has learnt that Andy Anson, who will step down next month as chief executive of Team GB, is joining Sportscape Group, which boasts…
The chief executive of NatWest Group is continuing his overhaul of the bank’s leadership months after it returned to full private sector ownership. Sky News has learnt that Paul Thwaite, who took over as the lender’s boss two years ago, has created a new executive role aimed at sharpening its focus on customer service. James…
The government will underwrite a Β£1.5bn loan guarantee to Jaguar Land Rover (JLR) after a mass cyber attack forced a shutdown. JLR suspended production at its UK factories following the cyber attack on 31 August. The shutdown is expected to last until 1 October, leaving the largest UK carmaker’s suppliers in limbo. The loan is…
