Business

The American investors which control the Co-operative Bank are lining up their first board nominees weeks after talks about a sale of the self-styled ethical lender were abandoned. Sky News has learnt that the syndicate of hedge funds, which includes GoldenTree Asset Management, are finalising the appointment of two heavyweight City figures as non-executive directors
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Saracens, the Championship rugby club plunged into crisis last year after breaching salary cap rules, has secured new backers even as the coronavirus crisis hammers elite sport’s commercial income. Sky News has learnt that Saracens will this weekend unveil a multimillion pound long-term naming rights and kit sponsorship with StoneX, a global financial services group
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The latest addition to Britain’s array of 24-hour news channels is to begin recruiting more than 100 journalists after completing a £60m fundraising that it claims was significantly oversubscribed. GB News, which aims to launch later this year, said on Wednesday that Sir Paul Marshall, a prominent hedge fund manager, and Legatum, a Dubai-based investment
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Businesses in the retail, hospitality and leisure sectors will receive up to £9,000 in one-off grants to help them through England’s new coronavirus restrictions, the chancellor has said. The grants were part of a package of measures announced by Rishi Sunak totalling £4.6bn to help struggling firms after the latest measures came into force. Advertisement
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Bitcoin has topped $30,000 for the first time, extending a rally that saw its value climb by 300% in 2020. The cryptocurrency rose to as high as $31,824 early on Saturday – just two weeks after passing the $20,000 mark. Its rise has been attributed to traders increasingly betting on it becoming a mainstream payment
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