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Financial institution of England governor Andrew Bailey seems earlier than MPs
Financial institution of England governor Andrew Bailey faces questions from MPs
Category Economy
Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
KKR deserted Thames Water rescue regardless of No 10 talks with Kravis
The funding big lined as much as rescue Thames Water deserted its supply days after talks befell involving one in every of its co-founders and Downing Avenue officers. Sky Information has learnt that Henry Kravis, one of many architects of…
Thames Water survival hopes endure recent blow
The non-public fairness agency that had been the frontrunner to steer a rescue of the UK’s largest water supplier – Thames Water – has pulled out. Thames Water Utilities, which is staring down the prospect of a particular administration course…
Water trade: Fee finds 5 areas the place ‘elementary change’ is required
“Interlocking failures” within the water sector throughout England and Wales might be fastened by means of elementary reform in 5 key areas, in response to a significant interim report. The Unbiased Water Fee, established final yr and led by a…
Rachel Reeves threatens to sue Roman Abramovich over Chelsea FC sale proceeds
The chancellor and overseas secretary are threatening to take Roman Abramovich to courtroom to grab the proceeds of his Chelsea FC sale. The Russian oligarch, who’s sanctioned by the UK authorities over his alleged hyperlinks to Vladimir Putin, bought Chelsea…
Ex-BT chief Patterson sounded out about £300m Waves Audio float
A former BT Group chief is being lined as much as steer an audio know-how enterprise utilized by lots of the world’s main musicians by a £300m London flotation. Sky Information has learnt that Gavin Patterson, who now sits on…
The rise of the prenup – and why so many people are actually getting one
The variety of {couples} deciding to get a prenup is rising, with one regulation agency telling Cash it has seen requests double within the final yr. It’s estimated that greater than 20% of all married {couples} within the nation have…
Buyout agency EQT revs up £500m bid for World Rally promoter
The personal fairness big EQT Companions is exploring a proposal to purchase the promoter of the World Rally Championship (WRC) as an public sale valuing the enterprise at near £500m lastly will get off the beginning grid. Sky Information has…
SME lender Tide eyes $1bn valuation in Apis funding talks
Tide, the enterprise banking providers platform, is in superior talks to boost new funding in a deal anticipated to make it Britain’s newest know-how unicorn. Sky Information has learnt that Tide has been negotiating the phrases of an funding from…
Newly re-privatised NatWest names Chamberlain as retail financial institution chief
NatWest Group has picked a brand new head of its excessive avenue department community within the lender’s first important appointment since ending its 17-year tenure in partial taxpayer possession. Sky Information has learnt that Solange Chamberlain has been chosen as…
