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Sky News faces uncertain future after Disney-Fox deal

Sky News faces uncertain future after Disney-Fox deal

Image copyright Getty Images Walt Disney’s agreement to buy most of 21st Century Fox’s business for $52.4bn (£39bn) has raised further questions about the Sky News channel’s future. Before news of the deal, Rupert Murdoch’s Fox had been trying to buy the 61% of satellite broadcaster Sky that it does not yet own. That attempt […]

Cash controversy: The High Streets with too many ATMs

Cash controversy: The High Streets with too many ATMs

Shoppers in Gallowtree Gate, in the centre of Leicester, should never find themselves short of cash. Within a five minute walk they can find no fewer than 68 cash machines, or Automated Teller Machines (ATMs) as they are more properly known. Including machines inside the banks themselves, there are 41 within a minute of each […]

Ryanair in union offer to avoid Christmas strikes

Ryanair in union offer to avoid Christmas strikes

Image copyright Getty Images Ryanair has said it is prepared to recognise pilot unions as it seeks to avoid strike disruption over the Christmas period. Earlier this week, 79 Dublin-based Ryanair pilots said they would strike for one day on 20 December. The airline was also facing action by pilots elsewhere in Europe. Ryanair has […]

Sky and BT sign channel sharing deal

Sky and BT sign channel sharing deal

Image copyright PA Image caption The rising cost of sports rights is behind the agreement, analysts say Sky and BT have have signed a deal to sell their channels on each other’s platforms. Under the deal, BT will now supply its sports channels – which show UEFA Champions League and Premier League football – to […]

Unilever sells margarine business to KKR for £6bn

Unilever sells margarine business to KKR for £6bn

Image copyright Newscast Unilever has agreed to sell its margarine and spreads business, which include Flora and ProActiv, to private equity giant KKR for €6.8bn ($8bn, £6bn). The move follows a wide-ranging review of its business which was prompted by a takeover attempt by rival Kraft. Unilever said it would look for a buyer of […]

Britvic confirms Norwich factory closure

Britvic confirms Norwich factory closure

Image caption Britvic co-owns the site with Unilever, which owns Colman’s Mustard Britvic has confirmed it will leave its Norwich site, with the loss of hundreds of jobs in the city, in 2019. The drinks manufacturer, which co-owns Carrow Works with Unilever, said it would transfer production of Robinsons and Fruit Shoot to its other […]

HS2 redundancy pay ‘shocking waste’ of taxpayer cash

HS2 redundancy pay ‘shocking waste’ of taxpayer cash

Image copyright Other Image caption A computer generated image of an HS2 train on the Birmingham and Fazeley viaduct Unauthorised redundancy payments made by the state-owned company managing the HS2 rail project were a “shocking waste of taxpayers’ money”, MPs have said. The Public Accounts Committee said the firm overseeing construction of a high-speed rail […]

Walt Disney buys Murdoch’s Fox for $52bn

Walt Disney buys Murdoch’s Fox for $52bn

Media captionAndrew Neil tells us five things the $52.4bn (£39bn) tie-up could mean. Walt Disney has agreed to buy the bulk of 21st Century Fox’s business for $52.4bn (£39bn), in a deal both companies said position them to compete in the rapidly changing media industry. The purchase includes Fox’s film and television studios, as well […]

Four Seasons Health Care gains breathing space

Four Seasons Health Care gains breathing space

Image copyright Getty Images Care home company Four Seasons Health Care has won a reprieve on a major debt repayment which threatened the future of the firm. The group, which looks after 17,000 elderly and vulnerable residents, had been due to make an interest payment of £26m by Friday. However, Four Seasons has only £24.8m […]

Japan expands unilateral sanctions against North Korea

Japan expands unilateral sanctions against North Korea

Image copyright Getty Images Japan has imposed fresh sanctions against North Korea as it seeks to ramp up pressure on Pyongyang over its nuclear and missile programmes. Chief cabinet secretary Yoshihide Suga said the assets of another 19 entities and individuals would be frozen. More than 210 organisations and people from countries including China and […]

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