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Business

Pensions lifeboat seeks ‘Kodak Moment’ with sale plot

Britain’s pensions lifeboat is to hoist a ‘for sale’ sign above Kodak Alaris, the photographic equipment group it took control of as part of...

by admin April 7, 2023
Pensions lifeboat seeks ‘Kodak Moment’ with sale plot
Business

Less than 3% world economic growth predicted due to geopolitical divisions and US bank failures, says IMF chief

High interest rates, US bank failures and geopolitical divisions in Europe are reasons why the world economy is expected to grow less than 3%...

by admin April 6, 2023
Less than 3% world economic growth predicted due to geopolitical divisions and US bank failures, says IMF chief
Business

Firms review CBI membership after sexual misconduct claims

Some of the UK’s biggest and best-known businesses say they are closely watching the unfolding crisis at the CBI. Sky News contacted more than...

by admin April 6, 2023
Firms review CBI membership after sexual misconduct claims
Business

Audit giant pulls secondee out of crisis-hit CBI business lobbying group

EY, the big four accountancy firm, has ended the secondment of one of its employees to the CBI as the business lobbying group grapples...

by admin April 6, 2023
Audit giant pulls secondee out of crisis-hit CBI business lobbying group
Business

Top entrepreneurs and financiers caught up in collapse of luxury jeweller Vashi

Some of Britain’s leading entrepreneurs and financiers are facing significant financial losses from the implosion of Vashi, the upmarket jeweller. Sky News can reveal...

by admin April 6, 2023
Top entrepreneurs and financiers caught up in collapse of luxury jeweller Vashi
Business

Average house price continues to rise – but at a slowing rate

The average house price continued to rise in March – but at a slower rate than the previous month, according to a closely-watched index....

by admin April 6, 2023
Average house price continues to rise - but at a slowing rate
Business

Easter delays likely for Dover coach passengers as post-Brexit checks raise ‘real risks’ of future border complications

Coach travellers will be asked to delay Channel crossings over Easter as ferry companies and the Port of Dover attempt to avoid a repeat...

by admin April 5, 2023
Easter delays likely for Dover coach passengers as post-Brexit checks raise 'real risks' of future border complications
Business

Shine comes off luxury jeweller Vashi as it calls in liquidators

Vashi, the upmarket jewellery retailer, has gone bust just months after seeking new funding at a valuation of £250m. Sky News has learnt that...

by admin April 5, 2023
Shine comes off luxury jeweller Vashi as it calls in liquidators
Business

Badenoch postpones meeting with business groups over CBI crisis

Business and Trade Secretary Kemi Badenoch has postponed a meeting with the UK’s five leading business groups amid the unfolding crisis over sexual misconduct...

by admin April 5, 2023
Badenoch postpones meeting with business groups over CBI crisis
Business

Royal Mail pay talks between CWU end without agreement

Talks aimed at resolving a long-running dispute between Royal Mail and the Communication Workers Union have ended without agreement. The two sides have been...

by admin April 5, 2023
Royal Mail pay talks between CWU end without agreement
Business

BCC survey shows improved confidence ‘yet to translate into improvement of business conditions’

Most UK businesses expect sales to rise over the coming year, despite seeing no growth over the past three months, according to a new...

by admin April 5, 2023
BCC survey shows improved confidence 'yet to translate into improvement of business conditions'
Business

UK services sector continues its recovery, PMI survey says

The UK’s services sector has reported its second consecutive month of growth, according to a closely-watched survey. The S&P Global/CIPS UK Services PMI scored...

by admin April 5, 2023
UK services sector continues its recovery, PMI survey says
Business

Johnson & Johnson agrees to pay $8.9bn to settle claims that talc caused cancer

Johnson & Johnson (J&J) has agreed to pay almost $9bn (£7.2bn) to settle tens of thousands of lawsuits alleging its talc caused cancer. The new...

by admin April 5, 2023
Johnson & Johnson agrees to pay .9bn to settle claims that talc caused cancer
Business

Co-op reports full-year profit after cost-cutting and sale of petrol forecourt business to Asda

The Co-operative Group has reported a full-year profit, helped by recent cost-cutting and the sale of its petrol forecourt business. The retail-to-funerals business said...

by admin April 5, 2023
Co-op reports full-year profit after cost-cutting and sale of petrol forecourt business to Asda
Business

TikTok fined £12.7m for misusing children’s data

TikTok has been fined £12.7m for breaches of data protection law, including using the personal data of children aged under 13 without parental consent....

by admin April 4, 2023
TikTok fined £12.7m for misusing children's data
Business

London City Airport scraps 100ml liquid rule after introducing CT scanners

Passengers travelling through London City Airport will no longer have to limit their liquids to 100ml in their hand luggage as high-tech CT scanners...

by admin April 4, 2023
London City Airport scraps 100ml liquid rule after introducing CT scanners
Business

Self-driving bus to launch next month over Scotland’s Forth Road bridge

Full-size self-driving buses will hit the road next month in what is believed to be a world first. Stagecoach has announced the ground-breaking service...

by admin April 4, 2023
Self-driving bus to launch next month over Scotland's Forth Road bridge
Business

M&S chairman: Company law needs to catch up with the digital age

The chairman of Marks and Spencer says company law is “stuck in a 40-year-old time warp” and needs to catch up with the digital...

by admin April 4, 2023
M&S chairman: Company law needs to catch up with the digital age
Business

Shopping centre owner Hammerson under siege from biggest shareholder

Hammerson, one of Britain’s biggest shopping centre owners, is facing demands from its biggest shareholder to accelerate asset sales and resume dividend payments ahead...

by admin April 4, 2023
Shopping centre owner Hammerson under siege from biggest shareholder
Business

Oil prices rise after major producers vow to cut production

Oil prices are up more than 6% after Saudi Arabia and other major producers vowed to cut production. Brent crude, the international oil benchmark,...

by admin April 4, 2023
Oil prices rise after major producers vow to cut production
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