Sky News - BUSINESS

 

Ex-BP boss Hayward and Carlyle edge closer to Colombian oil deal



News October 16, 2017


Sky News has learnt that Mr Hayward and Carlyle, the private equity firm, are in detailed talks about a deal in the Latin American country that is thought to be worth hundreds of millions of dollars.Mr Hayward, who stepped down as...

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Value of Brexit transition deal 'disappearing by the day', City lobby warns



News October 16, 2017


TheCityUK said businesses were well into contingency planning for alternative scenarios so the value of such a deal, even it is reached, is "disappearing by the day".Plans may involve moving operations overseas and if that has alr...

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Rate hike could hurt fragile economy, forecaster warns



News October 16, 2017


The EY ITEM Club argued that with growth set to remain stuck in low gear for the rest of this year and into 2018, policymakers should avoid a hike that risks weakening the "fragile" outlook.It also said the economy's performance f...

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Interest rate hike could hurt 'fragile' economy, forecaster warns



News October 16, 2017


The EY ITEM Club argued that with growth set to remain stuck in low gear for the rest of this year and into 2018, policymakers should avoid a hike that risks weakening the "fragile" outlook.It also said the economy's performance f...

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Energy customers building up £800 in debts before suppliers act



News October 16, 2017


The regulator is urging suppliers to step in before customers find themselves with unmanageable levels of debt.Figures for the past year showed some companies were allowing unpaid bills to accrue before stepping in to put indebted...

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