The veteran founder of Iceland, the frozen food chain, has bagged what may be the ultimate supermarket discount deal: a £50m buyout which comes with millions of pounds slashed from the purchase price.
Sky Business News Articles
China’s tourism industry thriving as 1.4 billion citizens have nowhere else to go
Tourism across the world has been hit hard by COVID-19 but China has one key advantage - 1.4 billion people with nowhere else to go.
UK ‘will not blink first’ ahead of eighth round of Brexit trade talks
Britain's chief Brexit negotiator has said Europe should "take our position seriously" ahead of a new round of crucial trade negotiations.
Irish pubs make plea to reopen as they endure longest shutdown in Europe
Publicans are demanding the urgent reopening of bars across Ireland, which is now the only country in the EU imposing their closure for health reasons.
Bankers called in to thrash out Tata Steel bailout
The government has parachuted in investment bankers to help thrash out a rescue plan for Britain's biggest steel producer after months of talks over a deal that could preserve thousands of jobs.
Controversial ex-Australian PM handed top UK trade role
Former Australian prime minister Tony Abbott has been handed a top job advising the UK government on trade - despite a string of allegedly homophobic and sexist comments.
Spanish banking merger could trigger similar tie-ups across Europe
Investors don't have an awful lot of love for banks right now.
‘Great jobs numbers!’: Trump tweets after US unemployment rate falls
US President Donald Trump has congratulated himself on a "much better than expected" unemployment rate in August.
Virgin Atlantic to cut 1,150 more jobs as it completes £1.2bn bailout
Virgin Atlantic says its £1.2bn rescue deal has been completed but that another 1,150 jobs will be cut across the company.
Pret boss says demand in city centres may never recover
The chief executive of sandwich chain Pret A Manger said he did not think city centres will ever be as full as pre-pandemic levels.