Sky News Business

December 14, 2017
Majestic Wine to shut stores under transformation plan

Majestic Wine to shut stores under transformation plan

Shareholders have reacted negatively to a planned shake-up at Majestic Wine that will see the retailer focus on its Naked Wines brand and cut stores.

Apple streaming? Big reveal expected at special event

Apple streaming? Big reveal expected at special event

Apple is expected to make a grand product announcement at its special event later - and it may be the culmination of years of rumoured deals with Hollywood stars.

Remaining Chinese director to quit WPP board

Remaining Chinese director to quit WPP board

WPP Group has begun approaching senior Chinese business figures about joining its board, as its last-remaining director from the world's second-largest economy prepares to step down after nearly nine years.

Nike pays £10.7m penalty over football merchandise sales

Nike pays £10.7m penalty over football merchandise sales

Nike has been fined €12.5m (£10.7m) after falling foul of EU rules regarding cross-border online sales.

1.5 million jobs are at 'high risk' of automation

1.5 million jobs are at 'high risk' of automation

More than 1.5 million people in England are in jobs where there is a "high risk" of automation, according to the Office for National Office for National Statistics (ONS).

Sports Direct attacks struggling Debenhams for rejecting its offers

Sports Direct attacks struggling Debenhams for rejecting its offers

Mike Ashley's Sports Direct has attacked Debenhams for rejecting proposals designed to save the struggling retailer - arguing its approach is better than the "multiple insolvency processes" currently being considered.

ConvaTec hires Genus chief to heal City wounds

ConvaTec hires Genus chief to heal City wounds

The embattled‎ medical devices maker ConvaTec will announce a sweeping boardroom overhaul on Monday including the departure of chairman Sir Christopher Gent, one of the most prominent figures in British business.

FA in talks with Barclays director about CEO job

FA in talks with Barclays director about CEO job

A director of Barclays' retail bank is a leading candidate to become the most senior figure in English football.

Royal visit to Cuba is in contrast to US isolation policy

Royal visit to Cuba is in contrast to US isolation policy

Prince Charles and his wife Camilla have become the first British royals to visit communist-run Cuba.

Brexit: This is what business uncertainty looks like

Brexit: This is what business uncertainty looks like

For many within British business, the path to Brexit has felt like a tortuous exercise.