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Business

Business

McColl’s founder lined up to lead Palmer & Harvey rescue deal

Sky News has learnt that James Lancaster, who helped to launch McColl's in 1973 and still sits on its board, has been invited by the buyout firm Carlyle to join P&H as its non-executive chairman as a takeover draws closer

UK has greenest ever summer as low carbon energy production spikes

From 21 June to 22 September, nearly 52% of electricity generation was from nuclear power and renewables such as solar and wind, the National Grid said

AA appoints new boss amid jump in profits

On Tuesday, the road assistance firm said that half-year pre-tax profits rose from £48m to £80m

Who are the UK’s unhappiest workers?

A study by jobs search engine Adzuna found that some of the happiest workers are those in human resources, consultancy and construction

Tyrie urged to put name forward to chair City regulator

Sky News has learnt that a number of directors of banks, insurers and asset managers are supporting a potential application by Andrew Tyrie to replace John Griffith-Jones as chairman of the Financial Conduct Authority (FCA)

Global accountancy firm Deloitte admits cyberattack on email system

The company, which is one of the world's 'big four' accountancy firms, released a statement in response to media reports that its data had been compromised

Ryanair ‘working hard’ to end flights ‘mess-up’

The company said the remaining 10,000 customers affected had yet to get in touch, and urged them to do so

British tech firm dropped by Apple agrees £550m Chinese takeover deal

This time, it is Imagination Technologies, the chip designer best known for the Pure digital radio business that it owned until just under a year ago

Flight delays after ‘total radar failure’ at Sydney airport

In a recording, one air traffic controller could be heard informing a pilot there had been a "total radar failure" and there would be "no movements" until the system was "reliable" once again, after it went down early on Monday morning (late on Sunday UK time)

John McDonnell pledges to end PFI ‘scandal’

The shadow chancellor told delegates at Labour's autumn conference in Brighton that "never again will this waste of taxpayer money be used to subsidise the profits of shareholders"

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