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Business

Business

Tycoon Hands plots £2.5bn takeover of Quintain

Sky News has learnt that Mr Hands' buyout firm, Terra Firma Capital Partners, is examining an offer for Quintain‎ through Annington, the giant residential property group it has controlled since 2012

Richard Branson reveals his astronaut training as space visit looms

The 67-year-old Virgin boss has set his sights on turning commercial space travel into a reality since he founded Virgin Galactic and hopes to be among the first space tourists

Asos to try on new chairman as McBride leaves the catwalk

Sky News has learnt that the company, which is now Britain's biggest listed internet start-up, is interviewing candidates to replace Mr McBride

Why markets have turned on Italy’s new government

The economist and university professor is the man that Italy's new prime minister, Giuseppe Conte, wishes to name as his finance minister - but investors fear the appointment could ultimately lead to Italy leaving the eurozone

Waste-to-water firm Pennon sees full-year profit rise

The company, which provides water and waste-water services to more than one million households and businesses in the West Country and parts of Hampshire and Wiltshire, raised full-year pre-tax profits by 3.5% to £258.8million

RBS delays naming strategy chief after Treasury conflict warning

Sky News has learnt that the taxpayer-backed lender has been told to wait until after its annual general meeting (AGM) next week before publicly confirming that Oliver Holbourn is joining RBS

George Osborne takes on another job, this time for a wealthy Italian family

The former chancellor will chair a partners council overseeing Exor, the listed holding company of the Agnellis

UK’s economy grows 0.1% in first quarter – the slowest pace for five years

The Bank of England (BoE) and the Treasury had expected the Office for National Statistics to revise the number higher with its second reading of the economy

Big Six energy giant SSE loses 430,000 customers

It is the latest among the Big Six energy companies to report customer defections as energy prices rise and the government introduces new caps on bills

Samsung ordered to pay $539m for copying iPhone features

A jury, which deliberated for almost five days, backed Apple's claim that Samsung had copied some of its technology used to power the iPhone

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