Ministers are exploring plans to hand ownership of the Post Office to thousands of subpostmasters across Britain in a landmark shake-up for the 364-year-old institution. Sky News has learned that the Department for Business and Trade (DBT) has asked BCG, a management consultancy, to study Post Office exchange options. The work is said to be … Read more
3i Group, the listed private equity group, has selected bankers to sell the pet food manufacturer behind leading brands including Applaws. Sky News has learned that 3i has appointed Harris Williams to run the MPM auction four years after it bought a controlling stake in the company. MPM, based in Manchester, was founded in 2002 … Read more
Tony Danker, the former director-general of the Bank of Britain, will receive nearly £500,000 from the business lobby group in a settlement reached almost a year after he was ousted in the midst of a wider sexual misconduct scandal. Sky News has learned that Mr Danker, who left the organization in April 2023, concluded a … Read more
The founder of BrewDog has claimed that entrepreneurs will abandon Britain if capital gains tax is increased. James Watt, founder of the brewery and pub chain, told Sky News that a significant increase in the tax would “do much more damage to our economy” and deal a devastating blow to every household’s prosperity. Mr. Watt, … Read more
Britain’s fourth-largest home energy supplier has poached a senior executive from digital bank Monzo, as it explores options that could lead to a change in ownership. Sky News has learned that OVO has appointed James Davies, who has worked for companies including William Hill and Purplebricks, the online estate agent, to become the company’s new … Read more
New innovations are being developed every day, and companies are placing big bets on whether their products will be the future. Apple’s Vision Pro or Elon Musk’s Neuralink are two examples of that today. But what’s in common behind virtually every major decision being made at businesses small and large—and across industries: the reliance on … Read more
It should come as no surprise that big business decisions are made every single day at companies small and large. It is also well assumed that the best big decisions are ones with evidence and back them up—in the form of data. But how does data go from being raw information like surveys and click-through … Read more
In the world of tech and business, data and decision-making are practically an inseparable pair. Companies from all sizes—from small businesses to Fortune 500 corporations—are using data for things like targeting ads, predicting customer performance, and identifying cost-cutting strategies. By next year, data will be used to optimize nearly every aspect of work, McKinsey predicts. … Read more
In the dynamic landscape of entrepreneurship, access to timely and flexible financing is often the key differentiator between stagnation and exponential growth. For many small business owners, the traditional route of seeking business loans from banks or other financial institutions might seem like the obvious choice. However, an increasingly popular and versatile alternative is emerging … Read more
The world of business is a dynamic landscape where growth often requires financial support. For many entrepreneurs and small business owners, securing a business loan is a crucial step toward achieving their goals. However, the relationship between business loans and personal credit is a topic that deserves careful consideration. In this article, we will explore … Read more