Sky News - BUSINESS

 

UK pensions lifeboat to invest £150m in M6 toll road deal



News June 19, 2017


Sky News has learnt that the Pension Protection Fund (PPF) is putting the funds into the company which operates the M6 toll road, just days after it was sold to IFM Investors, its second group of Australian owners.The PPF is under...

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CBI forecasts 'steady but subdued' growth ahead



News June 19, 2017


Following stronger than expected growth in the last half of 2016, the CBI now forecasts 1.6% growth this year and 1.4% in 2018, slight improvements on the 1.3% and 1.1% previously forecast.But it warned that business investment wi...

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UK makes big concession on day one of Brexit talks



News June 19, 2017


It means the divorce terms will be set first, before discussions on future trade relations.Mr Davis had previously said not settling both elements simultaneously would be "the row of the summer".It comes on the first day of the co...

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Paris Air Show tries to boost flight industry



News June 19, 2017


In his first official engagement since winning a parliamentary majority on Sunday, Mr Macron arrived at Le Bourget in an Airbus A400M military transporter, which was followed by an Airbus A380.The A400M has seen delays and cost bl...

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London School of Economics professor to join Bank's MPC



News June 19, 2017


The Treasury announced on Monday that Silvana Tenreyro would replace Kristin Forbes, once her term on the panel ends on 30 June.Chancellor Philip Hammond said: "I am delighted to appoint Professor Silvana Tenreyro as the new exter...

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