Business

Shifting expectations for UK interest rate cuts have contributed to a dip in house price growth, according to a closely watched measure. Nationwide reported a 0.4% dip in average property costs last month compared with March, taking the annual rate of growth to 0.6% from 1.6%. The lender’s report said the easing reflected “ongoing affordability
0 Comments
Blackstone, the American private equity behemoth, is this weekend finalising a revised offer to buy the company which owns the music catalogues of Shakira and the Red Hot Chili Peppers. Sky News has learnt that Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund (HSF) as early as Monday. Its offer will
0 Comments
The owner of Superdry’s flagship store in central London is weighing a challenge to a rescue plan that would impose steep haircuts on the struggling chain’s landlords. Sky News has learnt that M&G, the London-listed asset manager, has engaged lawyers from Hogan Lovells to scrutinise a restructuring plan launched by Superdry earlier this month. The
0 Comments
The post office scandal extends “greatly beyond” faulty Horizon software, according to a lawyer for victims. Paul Marshall, representing former sub-postmasters, says problems with third party systems in branches, such as ATMs, have been “overlooked”. A 2013 report commissioned by the Post Office, and not made public at the time, states: “Removing the ATM reduces
0 Comments