Sky News Business

December 14, 2017
Cobra beer founder Bilimoria lined up as CBI president

Cobra beer founder Bilimoria lined up as CBI president

Lord Bilimoria, the cross-bench peer who founded Cobra beer and backs a second EU referendum, is being lined up as the next president of the CBI.

Bovis swoops with offer for rival Galliford Try

Bovis swoops with offer for rival Galliford Try

Two of the UK's biggest housebuilders have kicked off secret talks about ‎a tie-up just two years after a previous set of merger discussions broke down.

Trade war escalation 'to cost households £656 a year'

Trade war escalation 'to cost households £656 a year'

The average US household will be left $831 (£656) worse off as a result of the latest hikes in tariffs on Chinese goods in the nations' trade war, according to economists.

£1.6m drug becomes world's most expensive

£1.6m drug becomes world's most expensive

Swiss pharmaceutical giant Novartis has won approval for a new gene therapy drug which is priced at a record £1.67m per treatment.

CVC revs up £1.2bn sale of warranty giant D&G

CVC revs up £1.2bn sale of warranty giant D&G

The former owner of Formula One motor racing is revving up a fresh attempt to offload Domestic & General (D&G), the warranty giant which insures millions of Britons' household appliances.

Mothercare sees 'improving UK trends' as losses leap

Mothercare sees 'improving UK trends' as losses leap

Mothercare has reported a 20% leap in losses for its last financial year but says it is now starting to see "improving trends" in its core UK market as it continues attempts to transform the business.

Old Mutual suspends boss over 'breakdown in trust'

Old Mutual suspends boss over 'breakdown in trust'

The financial services firm Old Mutual has suspended its chief executive Peter Moyo, citing a "breakdown in trust".

Triton swoops to bid for Thomas Cook’s Nordic arm

Triton swoops to bid for Thomas Cook’s Nordic arm

One of Europe's largest buyout firms has approached Thomas Cook Group about a takeover of its Nordic airline and tour operator that could help the British company improve its fragile financial outlook.

Sir Philip Green 'grabbed women's breasts and bottoms', Lords told

Sir Philip Green 'grabbed women's breasts and bottoms', Lords told

Hundreds of grievance cases were raised against Sir Philip Green for slapping women's bottoms and grabbing their breasts, a Labour peer has claimed.