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  • Klepierre walks away from bid for Hammerson

    April 13, 2018 7:17 AM 13

    The French firm had been pursuing Britain's shopping centre giant Hammerson, which owns Birmingham's Bullring, among others. Klepierre said in March that it had made a takeover approach to Hammerson, valuing it at £4.9bn. But Hammerson had rejected the approach, calling it "wholly inadequate and entirely opportunistic". Klepierre said that its chairman

  • Bargain Booze jobs saved as Bestway buys Conviviality'S retail division

    April 6, 2018 11:38 AM 29

    About 2,000 jobs are believed to be safeguarded after a wholesaler purchased brands including Bargain Booze and Wine Rack for £7m. The deal will see the food wholesaler, which is founded and chaired by billionaire Sir Anwar Pervez, gain control of Bargain Booze, Wine Rack, WS Retail and Select Convenience. PwC, which is acting as administrators to Conviviality

  • Grindr admits sharing info on users' HIV status

    April 3, 2018 8:39 AM 20

    The gay dating app has denied commercialising the HIV status information, saying it was only shared for optimisation purposes. The data sharing, which Grindr says was legitimate and carried out according to industry standards, was discovered by Norwegian research group Sintef. Following the outcry, the dating app said it would no longer pass on the information

  • Litter louts face tougher penalties than speeding drivers! People who throw trash from a car window face £150 on-the-spot fine in new litter crackdown

    April 1, 2018 10:36 PM 20

    People who drop rubbish face on-the-spot fines of up to £150 in a Government crackdown on the litter problem that is blighting neighbourhoods and roads across the country. The penalty, coming into force today, is almost double the previous maximum of £80 and could see offenders fined more harshly than speeding drivers. For the first time throughout England

  • Line 18: How wealthy is your region?

    March 5, 2018 9:54 AM 23

    Sky News financial analysis shows pronounced regional variations, with households in South East England having more than double the wealth of those in the North East of the nation. Scottish and Welsh households have, on average, more money than regions in the North of England or in either the West or East Midlands. Using the tabs at the top of the page, navigate

  • Chairman behind £11bn funds merger to step down next year

    February 23, 2018 1:22 PM 29

    Sir Gerry Grimstone's departure was announced as Standard Life Aberdeen announced a £3bn sale of its insurance operations. Sir Gerry Grimstone's departure, first reported by Sky News, was confirmed as the company published annual results on Friday - and also announced the sale of the bulk of its insurance unit in a £3.2bn cash and shares deal. The company

  • Chancellor Philip Hammond ditches Budget red box for pared-back spring statement

    February 19, 2018 10:02 AM 15

    The Chancellor's next economic update is expected to be a low-key affair, with no major policy announcements anticipated. Philip Hammond will present updated forecasts for the economy to the Commons, but no major policy changes are expected in the 13 March address. Mr Hammond has ditched the previous arrangement of effectively having two Budgets a year. As a result

  • £2bn of old paper £10 notes still in circulation as deadline nears

    February 19, 2018 1:25 AM 20

    From 1 March, paper tenners featuring the head of Charles Darwin will no longer be valid in UK shops. The Bank of England has said the withdrawal rates of the notes, which feature Charles Darwin, is "broadly as expected" ahead of the cut off point on 1 March. On that date, the paper £10 will cease to be legal tender and will be completely replaced by the polymer

  • Apple delays software features due to bugs

    February 13, 2018 11:06 AM 15

    The iPhone maker is introducing a new development strategy to ensure its software works perfectly before release. Although the company remains committed to an annual software update, this autumn's update will lack a number of features, according to Bloomberg. There will be no redesign for the iPhone's home screen, nor an update to the photos app, following

  • Tesco faces £4BILLION equal pay challenge as it emerges predominantly male distribution workers are paid £11-an-hour compared to female in store staff's £8

    February 7, 2018 4:38 PM 19

    Tesco is facing Britain's largest ever equal pay challenge with a bill potentially running to £4 billion, a law firm claims. Leigh Day has launched legal action against the supermarket giant on behalf of shop assistants who claim they are paid up to £3 an hour less than male warehouse workers. Thousands of women working in Tesco stores could receive