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Struggling Superdry in talks to tap Hilco for new £10m loan
Superdry, the struggling fashion retailer which is in talks to be taken private by its founder, is negotiating an additional multimillion-pound loan with one of its existing lenders.Sky News has learnt London-listed Superdry is discussing a new facility with Hilco to borrow £10m or more as it seeks new financial headroom amid a steep downturn …
Business
Business Live
Cornish Farm Machinery strikes deal with trailer manufacturer
A farm machinery company in Cornwall has clinched a deal to become a distributor for a European trailer brand. Under the agreement, Cornwall Farm Machinery will become the official supplier of Ifor Williams Trailers (IWT) for central and southern areas of Cornwall, selling the products from its main depot in Truro. Rob Hattam, general manager …
Business
Evening Standard
Telecoms operators agree to protect Telecare users during digital switchover
Business
Euro News
Europe’s arms imports nearly double, France overtakes Russia as world’s second-largest exporter
Business
Sky News
More ethnic diversity in UK’s largest businesses but still work to do
More people from ethnic minority backgrounds are heading the UK’s biggest companies but more needs to be done to improve representation, according to authoritative analysis of company directors, chief executives and senior management.The 350 most valuable companies on the London Stock Exchange were looked at as well as data from 36 of the 50 largest …
Business
Sky News
British Land to name veteran banker Rucker as next chairman
British Land, the London-listed property giant behind some of Britain’s most prominent commercial real estate assets, will this week name a City banking veteran as its next chairman.Sky News has learnt that the company, which owns Broadgate in the City of London and Sheffield’s Meadowhall shopping centre, has lined up William Rucker to replace Tim …
Business
Sky News
Labour says it will not bail out bankrupt councils
Labour will not bail out bankrupt councils, the shadow chancellor has said.“I’m not going to be able to fix all the problems straightaway,” Rachel Reeves said during an interview on Sky News’ Sunday Morning With Trevor Phillips. Her comments follow Birmingham City Council effectively declaring bankruptcy after being hit with a £760m bill to settle …
Business
Evening Standard
60% of Britons getting no more than six hours’ sleep a night, survey suggests
Business
Euro News
Less than half of European businesses help employees learn AI, finds LinkedIn
Business
Sky News
Premier League scrambles to secure £836m football New Deal
Premier League bosses are this weekend scrambling to finalise a landmark £836m financial settlement just days before the publication of legislation to establish English football’s first statutory regulator.Sky News has learnt that the 20 top-flight clubs, which include Aston Villa, Liverpool and Tottenham Hotspur, will on Monday be asked to approve a revised version of …
Business
Evening Standard
FTSE 100 slips as pound climbs against weak dollar
Business
Business Live
Trio of North East firms win places on ORE Catapult tech acceleration programme
Three North East companies are among the latest cohort to win places on an award-winning technology acceleration programme led by the Offshore Renewable Energy (ORE) Catapult. Ten firms in total have been picked for the Launch Academy programme, which provides the next steps for businesses set to take the offshore wind industry by storm with …

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