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Investors in the digital wallets provider Curve are embroiled in a furious row over the proceeds from the company’s impending Β£120m sale to Lloyds Banking Group. Sky News has learnt that a number of shareholders in Curve have told the company’s board they object to the proposed distribution of the funds triggered by a deal…
Jaguar Land Rover (JLR) says it now believes that “some data has been affected” in the cyber attack on the company last week. The British car maker shut down operations when it spotted the attack last Tuesday, and its staff have been told to stay at home since. Sky News understands it will now be…
One of the great tragedies of the way immigration policy has been debated in this country for years, if not decades, is that the conversation is mostly voiced in emotive rather than rational terms. Those who air fears about the flows of foreign-born people into the UK are dismissed as bigots (most famously by Gordon…
The owner of Argos’s store card division is on the brink of a deal with one of the world’s largest private equity investors that will value it at about Β£1.7bn. Sky News has learnt that the owners of NewDay Group, which has millions of customers in the UK, were on Tuesday evening close to signing…
Justin King, the former J Sainsbury chief executive, has pulled out of the race to chair Channel 4, the state-owned broadcaster. Sky News has learnt that Mr King informed government officials earlier this month that he was no longer a potential successor to Sir Ian Cheshire. His exit from the recruitment process leaves existing Channel…
Staff of Jaguar Land Rover (JLR) have been told to stay home for a further day, Sky News understands, as the carmaker struggles to recover from a cyber attack. Employees of the British company have now been told to remain off work until Wednesday. Previously, workers were directed not to return until Tuesday. A decision…
The boss of Nvidia, the chipmaker which has become the world’s most valuable public company, is among the corporate chiefs lining up to accompany US President Donald Trump on next week’s state visit to the UK. Sky News has learnt that Jensen Huang, the Nvidia chief executive who has presided over the stratospheric rise in…
Once upon a time if folks wanted to pinpoint the most economically-vulnerable country in Europe – the one most likely to face a crisis – they would invariably point to Greece or to Italy. They were the nations with the eye-wateringly high bond yields, signalling how reluctant financiers were to lend them money. Today, however,…
Amanda Staveley, the former Newcastle United Football Club joint-owner, will on Monday be forced to clarify her interest in bidding for Premier League club Tottenham Hotspur following veteran chairman Daniel Levy’s unexpected departure last week. Sky News has learnt that PCP International Finance, a vehicle controlled by Ms Staveley, is expected to issue a statement…
Britain’s biggest high street lender is closing in on a deal to buy Curve, a provider of digital wallet technology that its new owner hopes will give it an edge in the race to build smarter online payments systems. Sky News has learnt that Lloyds Banking Group could announce the acquisition of Curve for about…