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Evening Standard
Strength of sterling overcomes local price rises in holiday hotspots – report
Business
Sky News
Telegraph owners dealt fresh blow as Arrow XL parent collapses
The owners of The Daily Telegraph have been dealt a fresh blow after the collapse of the parent company behind Arrow XL, a UK-wide delivery business.Sky News has learnt that Logistics Group Limited, which until recently also owned Yodel, fell into administration earlier on Friday. The decision is understood to have been orchestrated by HSBC, …
Business
Business Live
People on the move: key North East appointments and promotions
Insolvency and restructuring trade body R3 has appointed Durham-based solicitor Kelly Jordan as its North East chair. Ms Jordan, who is an associate director at insolvency litigation financing company Manolete Partners, takes over as chair from Chris Ferguson a director and head of recovery and insolvency at RMT Accountants & Business Advisors. She brings expertise …
Business
Euro News
Nationwide apologises to customers as tech glitch delays payments
Business
Sky News
‘Truly eye-watering’: UK’s highest amount of student debt revealed
A single graduate in the UK has £231,000 of student debt, new figures show.Campaigners have described the figure as “jaw dropping” – and claim it is evidence tuition fees are in dire need of reform. The Student Loans Company, which released the figures, say this balance belongs to a Plan 2 borrower, meaning it could …
Business
Euro News
The European Central Bank penalises Crédit Mutuel with €3.5 million fine
Business
Sky News
Vodafone and Three merger could lead to higher prices, warns watchdog
Plans by Vodafone and Three to merge could lead to higher prices for millions of mobile phone users, the competition watchdog has warned.The proposed £15bn deal, announced last year, would bring 27 million customers together under a single provider. But the Competition and Markets Authority (CMA) said it could lead to “higher prices and reduced …
Business
Evening Standard
Retail sales remain flat in February as poor weather hits food shopping
Business
Sky News
Sachdev in frame to replace sacked Post Office chairman Staunton
The chairman of the Land Registry is being considered by ministers as a potential replacement for Henry Staunton, the Post Office chairman who was sacked earlier this year.Sky News has learnt that Neil Sachdev is among a small number of final candidates to become interim chair of the Post Office. Mr Sachdev, who also chairs …
Business
Business Live
Concerns raised over hundreds of jobs at Hitachi plant in County Durham
Concerns have been raised over hundreds of jobs at the Hitachi Rail plant in County Durham due to a growing crisis in the rail industry. Shadow Transport Secretary Louise Haigh used a House of Commons debate to highlight the lack of future orders at the plant in Newton Aycliffe, as well as another plant in …
Business
Euro News
€2.8 billion UK deal gets Australia closer to a fleet of nuclear-powered subs
Business
Sky News
Bahrain state fund takes full ownership of supercar-maker McLaren
Bahrain’s sovereign wealth fund has completed a deal to take full ownership of McLaren Group, one of the most revered names in British manufacturing, after years of negotiations to put the company on a stable long-term footing.Sky News understands that McLaren will announce later on Friday that the recapitalisation of the supercar manufacturer and Formula …

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