Lloyds snubs £500m investor settlement offer

Lloyds snubs £500m settlement bid as HBOS merger trial kicks off Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Lloyds snubs £500m settlement bid as HBOS merger trial kicks off Lawyers for the Lloyds Shareholder Action Group proposed a £500m settlement with the bank last week, Sky News can reveal. 19:38, UK, Monday 16 October 2017 Image: Lloyds returned to private ownership this year after its 2008 taxpayer bailout Twitter Facebook Google+ Whats App Mail By Mark Kleinman, City Editor Lloyds Banking Group has rejected a last-ditch bid to settle a legal claim over the disastrous merger that created Britain’s biggest

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Ad industry in major Brexit intervention

Advertising industry makes major intervention in Brexit debate Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Advertising industry makes major intervention in Brexit debate The sector is warning that access to foreign talent after Brexit is crucial to the UK maintaining its advertising dominance. 20:58, UK, Monday 16 October 2017 Image: The advertising sector says UK dominance is at risk from Brexit Twitter Facebook Google+ Whats App Mail By Adam Parsons, Business Correspondent Britain’s advertising industry is to launch a campaign backing free movement of labour – its first major intervention in the Brexit debate. The Advertising Association will release a

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Bombardier in Airbus deal amid UK job fears

Airbus to partner with Canada’s Bombardier amid Belfast jobs fears Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Airbus to partner with Canada’s Bombardier amid Belfast jobs fears While it is unclear how the partnership affects Bombardier’s workers in Belfast, Northern Ireland leaders have welcomed it. 04:53, UK, Tuesday 17 October 2017 Image: Airbus will take a majority stake in Bombardier’s C-Series airliner programme Twitter Facebook Google+ Whats App Mail By Sharon Marris, News Reporter Europe’s Airbus has announced it will acquire a majority stake in Bombardier’s C-Series passenger jet business. The agreement, if approved by regulators, would see Airbus get

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Vauxhall to cut a quarter of factory workforce

Vauxhall cuts 400 jobs at Ellesmere Port factory Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Vauxhall cuts 400 jobs at Ellesmere Port factory Just under 1,800 people work at the Ellesmere Port plant, which has manufactured the Astra model since 1979. 16:59, UK, Sunday 15 October 2017 Image: Vauxhall makes the Astra at Ellesmere Port Twitter Facebook Google+ Whats App Mail Vauxhall has announced plans to cut 400 jobs at its factory in Ellesmere Port by the end of the year – nearly a quarter of the workforce. Just under 1,800 people work at the Cheshire plant, which has made

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Crisis-hit Interserve faces lender pressure

Lenders to crisis-hit Interserve‎ hire advisers after profit alert Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Lenders to crisis-hit Interserve‎ hire advisers after profit alert Lenders to the construction and support services group have hired EY amid fears of a cash crunch, Sky News learns. 15:27, UK, Sunday 15 October 2017 Image: Interserve manages the Salisbury Plain military training base for the Ministry of Defence Twitter Facebook Google+ Whats App Mail By Mark Kleinman, City Editor Lenders to the crisis-hit construction and support services group Interserve have drafted in advisers amid growing fears about the state of its finances. Sky

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US hedge fund wants break-up of £35bn Shire

Activist fund seeks break-up of £35bn pharma group Shire Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Activist fund seeks break-up of £35bn pharma group Shire Sachem Head has told Shire it wants the FTSE-100 drug-maker to spin off several divisions, Sky News learns. 12:03, UK, Saturday 14 October 2017 Image: Sachem Head Capital Management is urging Shire’s board to explore a sale or spin-off of several of its assets Twitter Facebook Google+ Whats App Mail By Mark Kleinman, City Editor A US hedge fund is demanding a string of divestments at the FTSE-100 biotech group Shire, underlining growing interest among

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Deadline looms for you to spend old £1 coins

Deadline looms for Britons to spend old £1 coins Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Deadline looms for Britons to spend old £1 coins People should not panic if they miss Sunday’s deadline as banks and some big stores are giving them extra time to use them. 03:24, UK, Sunday 15 October 2017 Image: The one pound coins will no longer be legal tender Twitter Facebook Google+ Whats App Mail By Phil Edwards, Sky Reporter They have been in circulation for the past 34 years and more than 1.6 billion of them have been minted, but from midnight they will cease

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Uber lodges appeal to overturn London ban

Uber lodges appeal to overturn London ban Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Uber lodges appeal to overturn London ban The ride hailing app files court papers to overturn TfL’s decision to strip it of its operating licence – hours before a deadline. 21:19, UK, Friday 13 October 2017 Image: Uber has about 40,000 drivers in London Twitter Facebook Google+ Whats App Mail Uber is appealing against Transport for London’s decision to deny it a new private hire licence for operating in the capital. The ride hailing service filed papers with Westminster magistrates court on Friday to start the

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Goldman Sachs mulls its £750k Weinstein Co stake

Goldman Sachs mulls its £750k stake in The Weinstein Company Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Goldman Sachs mulls its £750k stake in The Weinstein Company The Investment banking firm is looking into its stake in the production company co-founded by disgraced mogul Harvey Weinstein. 16:41, UK, Friday 13 October 2017 Image: Goldman Sachs has a small stake in the Weinstein Company Twitter Facebook Google+ Whats App Mail Investment banking firm Goldman Sachs says it is exploring options for its £750,000 stake in The Weinstein Company. “There is no place for the inexcusable behaviour that had been reported, and

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MP backs Hammond after 'enemy' Europe remark

MP backs Hammond after ‘enemy’ Europe remark Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather MP backs Hammond after ‘enemy’ Europe remark The Chancellor tells Sky News: “The enemy, the opponents are out there, they’re on the other side of the negotiating table.” 02:06, UK, Saturday 14 October 2017 Video: ‘Enemy on other side of negotiating table’ Twitter Facebook Google+ Whats App Mail By Ed Conway, Economics Editor, in Washington DC A Tory MP has voiced his support for the Chancellor after Philip Hammond described Brussels as “the enemy” in Brexit negotiations. Sir Bill Cash, MP for Stone, told Sky News: “I don’t

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