The chair of The Guardian’s parent company has insisted that it will remain a part-owner of The Observer hours before staff walk out over the sale of the world’s oldest Sunday newspaper. Sky News has obtained a memo sent on Tuesday afternoon by Ole Jacob Sunde, chair of the Scott Trust, pledging that The Observer…
No roads lead to the set of residences in remote Canada, modernized with steel roofs, window boxes, surprising swaths of color, and more. Houses We Love: Every day we feature a remarkable space submitted by our community of architects, designers, builders, and homeowners. Have one to share? Post it here. Project Details: Location: Newfoundland, Canada Architect:…
The chair of The Guardian’s parent company has insisted that it will remain a part-owner of The Observer hours before staff walk out over the sale of the world’s oldest Sunday newspaper. Sky News has obtained a memo sent on Tuesday afternoon by Ole Jacob Sunde, chair of the Scott Trust, pledging that The Observer…
The owners of Gail’s, the fast-growing chain of bakeries which found itself at the centre of a row about the gentrification of London suburbs earlier this year, have hired bankers to handle a sale that should yield a handsome windfall for them. Sky News has learnt that Gail’s shareholders have instructed Goldman Sachs to run…
The family which has owned Ann Summers, the lingerie and sex toy retailer, for more than half a century is to explore options for the business which could include a partial or majority sale. Sky News has learnt that the Gold family is close to hiring Interpath, the corporate advisory firm, to work on a…
The owners of some of London’s most prominent restaurants are in talks to buy the UK operations of TGI Fridays, the casual dining chain whose parent company collapsed into administration last week. Sky News has learnt that Breal Capital and Calveton, which acquired D&D London – owner of the German Gymnasium and Quaglino’s restaurants –…
Making money was the driving force of the company behind the doomed Titan submersible and it involved “very little in the way of science”, OceanGate’s former operations director has said. The vessel imploded on its way to the wreckage of the Titanic in June last year, killing all five people on board. David Lochridge, who…
