LATEST ARTICLES

Canary Wharf wins deal to develop new Chinese city

The British property company which transformed London’s Docklands into a world-leading financial hub is to play a key role in the development of a Chinese city that will ultimately dwarf Paris. Sky News has learnt that Canary Wharf Group (CWG) is expected to announce during Theresa May's trip to China that it has signed a memorandum of understanding (MoU) with...

Coca-Cola to close UK sites with 300 jobs lost

Coca-Cola is planning to close two of its UK sites which could result in the loss of almost 300 jobs. The proposal would affect a distribution centre in Northampton and a manufacturing site in Milton Keynes. A company statement said: "We know today's news will be upsetting for our people at these sites, and our immediate priority is to support them...

Top Sandwich Franchises Trending Today

What are the top sandwich franchises to own? A selection of tasty ingredients bookended by slabs of bread, the sandwich is one of the most popular dishes in the UK. According to British Sandwich Week, between us we manage to consume an impressive 11.5 billion sandwiches a year. That’s enough to go around the world about 44 times – more...

Car production falls for first time since 2009

UK car production fell last year for the first time since the height of the recession in 2009, industry figures show. The figures from the Society of Motor Manufacturers and Traders (SMMT) revealed 1.67 million vehicles rolled off production lines in 2017, a 3% decline on 2016. There was a sharp 9.8% decline in vehicles produced for the domestic market, according...

Carney calls for end of RPI inflation measure

Bank of England governor Mark Carney has called for an end to the use of RPI - the discredited inflation measure still used to calculate rail fare hikes and student loan interest payments. Mr Carney told peers he wanted the Government to stop issuing bonds - parcels of debt - linked to the Retail Price Index (RPI) within the next...

What are the advantages of a franchise?

The advantages of buying a franchise Purchasing a franchise is a great way to start a business without having to build it from the ground up. In the UK today, there are thousands of different franchise opportunities covering a range of industries. Following a boom in the franchise industry in the 1980s and ’90s, countless brands offering franchise opportunities became...

VW employee takes blame for exhaust test on monkeys

Volkswagen has suspended its public relations chief - at his own request - as it investigates experiments that saw monkeys exposed to diesel exhaust fumes. The company said its head of external relations and sustainability, Dr Thomas Steg, had stepped away from his duties and taken "full responsibility". VW - still reeling from the fallout of the 2015 dieselgate scandal when...

Aston Martin boosts May with £600m China investment

Aston Martin is to announce investment deals in China this week that it will claim are worth more than £600m, boosting Theresa May's hopes that her first trade visit to the country will project her vision of a "global Britain". Sky News has learnt that the luxury carmaker's chief executive, Andy Palmer, will unveil several agreements, including plans to open...

Car Wash Franchises Review

Review of the Car Wash franchise sector Since the first customer bought the very first automobile, cars have been washed, polished and waxed on a regular basis. As the rate of car ownership increased and the automobile became within reach of the average worker, increasing numbers of professional car washes began to spring up along our roadsides and in petrol...

Banks charged in US over market 'spoofing'

US authorities have filed civil and criminal charges against three European banks and eight individuals for alleged manipulation in US futures and commodities markets. The lenders - UBS, Deutsche Bank and HSBC - agreed to pay $46.6m to settle the cases brought by the Department of Justice (DoJ) and the Commodity Futures Trading Commission (CFTC). It follows a large-scale investigation into...

Pound slips by a cent on Brexit divisions

The pound has fallen by more than a cent against the US dollar as fears over political divisions on Brexit saw the currency lose ground following a recent surge. Sterling was down by more than a cent to just above $1.40 after newspaper reports suggested acrimony at senior levels of the Conservative party over Europe. The pound had climbed to more...

What is the history of the Krispy Kreme Donut Franchise?

History of the Krispy Kreme Donut Franchise Although it’s one of the smaller food franchises on the high street – the brand has 824 branches around the world, down from a peak of 987 in 2014 – Krispy Kreme is still a household name, especially among those with a weakness for sweetness. Having grown slowly and steadily over the years,...

Krispy Kreme Donut Franchise Review

Krispy Kreme franchise review Although it’s one of the smaller food franchises on the high street – the brand has 824 branches around the world, down from a peak of 987 in 2014 – Krispy Kreme is still a household name, especially among those with a weakness for sweetness. Having grown slowly and steadily over the years, the Krispy Kreme...

New easyJet boss cuts salary in equal pay stand

The new boss of easyJet has volunteered to have his salary cut to the same level of his female predecessor to show his "personal commitment" to equal pay. Johan Lundgren’s annual starting salary of £740,000 is being reduced to match the £706,000 that was being earned by Dame Carolyn McCall before she left the airline. Easyjet revealed in November that its...

Carillion audit chief faces ISS pressure at Victrex

The former chair of Carillion's audit committee faces a battle to keep his role at another listed company after an influential advisor withdrew its backing for his re-election. Sky News has learnt that Institutional Shareholder Services (ISS) has recommended that investors in Victrex, a polymer manufacturer, abstain on the vote to reappoint Andrew Dougal at its annual meeting next week. Mr...

Burger King fast food franchise review

Review of the Burger King Fast Food Chain franchise opportunity Although Burger King has never reached the global dominance and almost universal brand recognition of its main rival McDonalds, the fast food chain is still a staple in many of the towns, cities and service stations across the country. In fact, the UK alone is home to around 500 Burger...