Sky News - BUSINESS

 

Housebuilder Cala revives £700m sale after Chinese bid fails



News August 11, 2017


Sky News has learnt that Cala's shareholders have asked Lazard, the investment bank, to begin sounding out prospective bidders in the last fortnight.A full auction of the business is expected to get underway in the autumn.Cala is ...

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Tata Steel clinches deal on £15bn pension scheme



News August 11, 2017


The announcement, confirming a Sky News exclusive earlier this week, could also pave the way for the Indian steelmaker to merge its European operations with German rival Thyssenkrupp.Under an agreement with UK pensions bodies and ...

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Npower posts loss as it battles customer exodus



News August 11, 2017


The German company added that the business faced a "sword of Damocles" hanging over the sector because of the possibility of UK Government intervention to curb bills.Npower's first-half loss compared with a profit of €85m (£77m...

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Markets extend losses as Korea tensions escalate



News August 11, 2017


London's FTSE 100 closed about 80 points, or more than 1%, lower on Friday, adding to a slump of more than 100 points the day before. During the session it sank to its lowest level since May.There had earlier been falls of nearly ...

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Nationwide urges lending caution as slowdown looms



News August 11, 2017


Chief executive Joe Garner said that while consumers were becoming more worried about the UK outlook - which has turned gloomier as Brexit approaches - most did not see the fall-out from the EU referendum affecting their access to...

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