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Business

Business

Wheel turns for Evans Cycles as struggling chain eyes rescue

Sky News has learnt that advisers to the company have asked potential bidders for the chain to table final takeover proposals by the end of next week, escalating concerns that the business may be in serious financial trouble

Barclays digital banking services back up after ‘technical hitch’

The bank reported that online and telephone operations went down at 10am

Guinness owner Diageo warns of £45m profit hit from currency swings

Annual revenue is also likely to be impacted, taking a hit of up to £175m

Bidding war for Sky to be settled by rare auction – Takeover Panel

The Takeover Panel said the two American companies bidding for control of Sky - film and TV group 21st Century Fox and cable giant Comcast - would be invited to take part in a three-round auction on Saturday if a competitive situation between the pair continued to exist by 5pm on Friday

Aston Martin sets £5.07bn IPO valuation

The Lagonda and DB7 manufacturer has set share price range for its imminent listing at between £17.50 and £22.50 per ordinary share

Equifax fined £500,000 for failing to protect customer details in cyber attack

The Information Commissioner's Office (ICO) found that Equifax's systems to manage the personal information were inadequate and ineffective, while investigators found significant problems with data retention, IT system patching and audit procedures

Transport Secretary Chris Grayling admits railways are ‘bursting at the seams’

Chris Grayling has announced a "sweeping" review designed to transform the industry which he says is still operating on a structure created 25 years ago

Theresa May rallies EU leaders with ‘not perfect’ Chequers proposal

Over a private dinner in Salzburg, the prime minister announced hopes for a "shared close future" but warned "we never said Brexit would be easy"

Share price decline smokes out changing of the guard at BAT

Sky News has learnt that Nicandro Durante, who has run the world's biggest cigarette manufacturer by number of countries since 2011, is expected to leave the company at some point in the next year

Cathay Pacific spells own name wrong on side of plane

Cathay Pacific became Cathay "Paciic" after an all-important "f" was left off its branding

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