Pearson Finds Language Gap with Unit Sale

The FTSE-100 education and publishing group Pearson is hoisting a "for sale" sign over a division it bought less than four years ago as it wrestles with growing pressure on global sales.

Sky News understands that Pearson is exploring a disposal of GlobalEnglish Corp, which uses cloud software to teach English to employees of multinational companies.

The decision to offload the business comes as part of a wider strategic overhaul being implemented by John Fallon, Pearson's chief executive, who has been under growing pressure from the City after a string of profit warnings.