Articles

Services slump a 'warning signal' for economy

Growth in the UK’s services sector slumped to an 11-month low in August – with the worst hit businesses including hotels, restaurants, cinemas, gyms and hairdressers, a survey reveals. Monthly purchasing managers’ index (PMI) data from Markit/CIPS UK Services showed weaker than expected growth in the industry with a …

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Spoton Success: Meet Sarah Thompson, the local it’seeze website consultant for Coventry

Discover what the first few months of running your own web design franchise is really like in our interview with Sarah Thompson, who alongside her husband Clive, joined Spoton.net as a franchisee at the end of 2016. Having previously worked in a wide range of industries, including finance; telecommunications; …

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Wilkins Chimney Sweep franchise gets behind national fire safety campaign

Wilkins Chimney Sweep, the UK’s only bfa member chimney sweeping franchise, is getting firmly behind a national safety campaign to reduce chimney fires. Part of the Government’s ‘Fire Kills’ campaign, www.chimneyfiresafetyweek.co.uk is asking homeowners to have their chimneys swept now, to reduce the 4221 avoidable chimney fires recorded by …

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MBNA chief ‎to lead Lloyds credit card drive

The boss of MBNA, the credit card business bought by Lloyds Banking Group, is to spearhead its new owner’s push for market share growth even as concerns mount over the wider consumer credit environment. Sky News has learnt that Elyn Corfield, who has been MBNA’s managing director since Lloyds’ …

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Party over? Young people 'turn away from Ibiza'

Ibiza’s reputation as a party destination for 20-somethings looks to be slowly changing as visitors to the Spanish island get older. Over the last five years, one in six bookings have shifted from those under 30 to the 30-39 age bracket, according to holiday company Thomas Cook. Millennials are …

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Devolution deadlock risking jobs, Govt warned

A stall in the process to transfer major powers away from Whitehall to local areas is putting billions of pounds of investment and hundreds of thousands of jobs at risk, the Government has been warned. The Local Government Association (LGA) said the “devolution deadlock” on deals in the last …

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City star Buxton eyes £25bn Old Mutual buyout

One of the City’s leading fund managers is plotting a deal to buy out the £25bn asset management arm of Old Mutual, the Anglo-South African financial services group. Sky News can exclusively reveal that Richard Buxton, the former Schroders star who joined Old Mutual Global Investors (OMGI) four years …

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FRC sheriff Rees quits for lucrative City job

The watchdog responsible for slapping audit firms and accountancy professionals with tens of millions of pounds in fines is quitting to take a lucrative post with a City law firm. Sky News has learnt that Gareth Rees, who has served as executive director of enforcement at the Financial Reporting …

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Buy As You View crashes into administration

One of Britain’s biggest rent-to-own retailers has called in administrators, putting hundreds of jobs at risk and raising renewed fears about the wider health of the sector. Sky News has learnt that the parent company of Buy As You View has appointed the professional services firm EY as administrator …

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