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Sky News
US giant AutoNation eyes driving seat at Inchcape UK
A New York-listed car dealer is plotting a bid for the UK operations of Inchcape.Sky News has learned that AutoNation, which has a market capitalisation of nearly $7bn (£5.5bn), is among the suitors circling the business since Inchcape confirmed in January it was conducting a strategic review. AutoNation is said to be at the early …
Business
Business Live
Chair of Dragons RFC David Buttress takes up new role as CEO of energy giant OVO
Chairman and part owner of Welsh rugby region Dragons RFC, David Buttress, has been appointed chief executive of energy supply giant OVO. Mr Buttress, a former chief executive of Just Eat, will take up his new role with OVO, which has four million customers, in May. The former pupil of Croesyceiliog Comprehensive School, started his …
Business
Evening Standard
National living wage rise could mean stickier inflation, economists warn
Business
Sky News
Formula One-owner Liberty to unveil £3.5bn takeover of MotoGP
The owner of Formula One (F1) motor racing will unveil a £3.5bn takeover of MotoGP’s parent company early this week.Sky News has learnt that Greg Maffei, the president and chief executive of Liberty Media Corporation, is expected to announce the motorsport industry’s most significant corporate deal for years during a trip to Madrid as early …
Business
Business Live
North East LEP leaders say organisation has strengthened region’s economy
The leaders of the outgoing North East LEP say the organisation has left the region’s economy in a better place, despite a range of external challenges. The LEP, which was formed in 2011, will officially go out of existence next month as its staff and functions are subsumed into the work of the new North …
Business
Evening Standard
Union calls for urgent action to save jobs after train firm stops production
Business
Sky News
Chocolate prices could soar as changing climate patterns worsen cocoa crisis
This Easter, chocolate lovers will no doubt have noticed they had to pay more for their eggs.Now, the cost of chocolate could soar after changing climate patterns hit cocoa supplies in west Africa. Seasonal dusty winds from the Sahara have been severe in recent months, blocking out the sunlight needed for cocoa bean pods to …
Business
Evening Standard
The UK equity death spiral: A drain on the lifeblood of British business
Business
Sky News
More young workers are pausing pension contributions – this is how much it’s costing them
A lot of us don’t want to think about it.Getting old, retirement, pensions. It’s a lifetime away. And with rising bills and rent restricting finances right now, it seems planning for 40 or 50 years down the line is even further from the minds of young Britons. In the past year alone, the number of …
Business
Sky News
Adnams open to sale as brewing sector faces funding squeeze
Adnams, one of the most historic names in British brewing, is to explore an outright sale amid a funding squeeze across the industry which has triggered a growing wave of insolvencies.Sky News has learnt that Adnams has begun contacting prospective investors and buyers after hiring advisers earlier this year to shore up its finances. A …
Business
Business Live
Cornish catering business closes after nearly 40 years
A Cornish catering company has closed after 37 years following the retirement of its owner. Steve Abbott established Abbotts SW with his wife Catherine in 1987, supplying the hospitality industry in the West of England. The business expanded in 2009 to include sister firm Abbotts Events Hire, which supplies products including luxury toilets, kitchen equipment …
Business
Euro News
Speculation over M&S Ocado split persists after payment dispute

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