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Sky News
Body Shop administrators plot CVA as route to rescue deal
Administrators to The Body Shop are drawing up plans to launch a further restructuring process in a bid to salvage a future for one of Britain’s best-known high street brands.Sky News has learnt that insolvency practitioners at FRP Advisory have outlined proposals to launch a company voluntary arrangement (CVA) that would see The Body Shop …
Business
Sky News
House prices fall for first time in six months
House prices slipped by 1% in March following five consecutive months of growth, according to new figures from Halifax.The lender said affordability remained a challenge for potential buyers as recent declines in mortgage rates have stalled. It comes as financial markets become less optimistic about the timing and extent of interest rate cuts by the …
Business
Sky News
McDonald’s HQ to take control of Israeli branches after boycotts hit sales
McDonald’s headquarters is to take over ownership of its branches in Israel after global sales were hit by customer boycotts over the war in Gaza.The US-based fast food giant said it would buy its 30-year-old Israel franchise from Alonyal Ltd, which has 225 outlets in the country.It comes following outrage last year when McDonald’s Israel …
Business
Euro News
Volvo sees record sales in March boosted by electric SUV sales
Business
Euro News
Hundreds of jobs axed by Amazon in cloud computing division
Business
Evening Standard
Kiss sell music catalogue and face paint designs to Sweden’s Pophouse for £237m
Business
Business Live
Plans approved for Bradford hydrogen plant to decarbonise vehicles and industry
Proposals for a major hydrogen production facility in Bradford have taken a step forward with approval by the city’s council. Hygen and N-Gen will turn the former Birkshall gas storage site into a plant that will produce low carbon hydrogen aimed at decarbonising vehicles and industry. Once operational the Bowling Back Lane facility will be …
Business
Sky News
Dutch bank ING is key lender to Thames Water parent as cliff-edge looms
The Dutch banking giant ING has been thrust into a pivotal role in determining the future of stricken Thames Water’s parent company amid growing expectations that lenders will agree a loan extension ahead of a repayment deadline this month.Sky News has learnt that ING is among the lenders due to be repaid £190m by Kemble …
Business
Sky News
Electric car market share shrinks
The proportion of battery electric vehicles sold in the UK car market has shrunk, according to new industry figures.Some 15.2% of new cars registered in March were pure electrics, down from 16.2% during the same period last year, the Society of Motor Manufacturers and Traders (SMMT) said. The industry body said the “tough economic backdrop” …
Business
Euro News
Dublin-based aviation investor Avia Solutions seeks to expand US base
Business
Sky News
Vodafone and Three merger in doubt amid price hike concerns
A planned merger between Vodafone and Three is in doubt after the competition watchdog said it would launch a major investigation into the deal.The Competition and Markets Authority (CMA) said the move was being taken after the firms failed to offer any measures to ease its concerns that mobile phone users could face higher prices …
Business
Sky News
Warnings of higher food prices and empty shelves due to new post-Brexit border fees
Trade groups have warned of higher food prices and empty supermarket shelves because of new post-Brexit border fees being introduced this month. A maximum charge of £145 will apply on imports of plant and animal products, such as cheese and fish, entering the UK through the Port of Dover and Eurotunnel from 30 April. Politics …

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