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The intense financial pressure facing Britain’s casual dining sector will be underlined this week when Gusto, the Italian restaurant chain, falls into administration. Sky News has learnt that Interpath Advisory is preparing a pre-pack insolvency of Gusto, which trades from 13 sites. Sources said that a vehicle set up by Cherry Equity Partners, the owner…

Anglian Water is the latest supplier to face down the prospect of a large bill for failures in its handling of sewage, leading to “excessive spills”. The industry regulator Ofwat – soon to be scrapped under a planned shake-up of industry oversight – said it was proposing a £62.8m penalty and remedial action following an…

It is a trade deal that will “rebalance, but enable trade on both sides,” said Ursula von der Leyen after the EU and US struck a trade deal in Scotland. It was not the most emphatic declaration by the president of the European Commission. The trading partnership between two of the biggest markets in the…

The British Chambers of Commerce’s take on the US-EU trade deal. Sky’s Wilfred Frost speaks to one of the world’s most successful investors about the bond market. Source link

TPG, the American private equity giant, is in advanced talks to take a stake in Tide, the British-based digital banking services platform. Sky News has learnt that TPG, which manages more than $250bn in assets, is discussing acquiring a significant shareholding in the company. Sources said that Tide’s existing investors were expected to sell shares…