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UK Green Bank sale can proceed after court backs Macquarie

  Bloomberg A British court backed the government’s decision to sell its Green Investment Bank Plc to a consortium led by Macquarie Group Ltd., rejecting a request from a rival bidder to review decisions about the sale made by ministers. Sustainable Development Capital LLP, or SDCL, had asked the High Court for a judicial review of the planned sale of ...

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Fox-Sky deal clears EU hurdle ahead of UK report

  Bloomberg 21st Century Fox Inc. cleared one hurdle by winning unconditional European Union approval for its 11.7 billion-pound ($14.5 billion) bid for Sky Plc as investor uncertainty over the deal grows amid fresh allegations of harassment at Fox News. The European Commission said it saw no competition problems with Fox’s bid to buy the rest of Sky that it ...

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UK manufacturing, construction point to loss of momentum

  Bloomberg UK manufacturing and construction unexpectedly shrank in February, adding to signs that the economy lost momentum in the first quarter. Factory output fell 0.1 percent from January, the Office for National Statistics said. Total industrial production declined 0.7 percent as unseasonably warm weather reduced demand for energy. Construction dropped 1.7 percent, the most in almost a year. While ...

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