Innocent Bottler Drinks To £1bn Buyout Deal

By Mark Kleinman, City Editor The bottling group which works with well-known brands such as Innocent Drinks and Sunny D is preparing to kick off an auction that could value it at well over £1bn. Sky News understands that shareholders in Refresco...

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Top Tesco Executive Quits Ahead Of Key AGM

By Mark Kleinman, City Editor Another top executive at Tesco has resigned, casting renewed doubt on the efforts of the company's chief executive to transform the performance of Britain's biggest retailer. Sky News has learnt that Neela Mukherjee,...

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Nokia X2: Microsoft Unveils Android Phone

Microsoft has unveiled its first ever Android phone, two months after completing a takeover of Nokia's mobile phone division. The Nokia X2 is a follow-up to the original X - which became the best-selling phone in Pakistan and third biggest seller in...

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Dozens Of Flights Cancelled Over France Strikes

By Mike McCarthy, Sky News Correspondent Thousands of air passengers are facing travel disruption due to a strike by air traffic controllers in France. The action, starting today, is expected to last for six days. Last night, French authorities...

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Apple's Angela Ahrendts Posts Personal Blog

Apple's Angela Ahrendts has told of her "life-altering" decision to quit the fashion world in her first public comments since starting as the tech giant's retail chief. Ms Ahrendts was poached from Burberry amid great fanfare last October and is tasked...

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WPP Pay Rebel Changes Tack Ahead Of AGM

By Mark Kleinman, City Editor One of the most trenchant City critics of pay at WPP Group is to change tack by voting in favour of remuneration policies at this week's annual meeting of the world's biggest marketing services provider. Sky News understands...

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Carpetright Profit Trampled By Consumer Fears

High street flooring firm Carpetright has seen its full-year pre-tax profit drop by more than half, which the firm is blaming on falling consumer confidence. It said in the 52 weeks to April 26, group pre-tax profit was £4.6m, down 52.6% from £9.7m...

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Living Wage: 'National Scandal' Of Working Poor

The number of workers living in poverty is a "national scandal" and measures must be taken to pay people a better wage, according to a report. Unless the Government makes a commitment to helping to increase pay to a living wage people will continue...

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Bank Of England Governor Cools Rate Rise Talk

The governor of the Bank of England has moved to cool speculation he will trigger a base interest rate rise sooner rather than later. Mark Carney told the Treasury Select Committee (TSC) that there is additional spare capacity in the UK labour market...

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Pubs Lose Out After England's World Cup Exit

As England fans take down their flags after a disappointing World Cup, businesses have started to count the cost of an early exit. According to the British Beer & Pub Association (BBPA), estimates have been slashed for the benefits its members gain...

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