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Business

Business

Sugar cost rises driving food prices to record highs

The increasing cost of sugar is driving food prices to record highs, new figures have revealed, amid warnings shop inflation is yet to peak....

by admin March 28, 2023
Sugar cost rises driving food prices to record highs
Business

Next in advanced talks to snap up vintage brand Cath Kidston

Next is in advanced talks to buy Cath Kidston in its latest swoop on a prominent but troubled retail brand. Sky News has learnt...

by admin March 27, 2023
Next in advanced talks to snap up vintage brand Cath Kidston
Business

Heathrow strike forces BA to cancel flights from Terminal 5 over Easter period

British Airways has been forced to cancel flights at Heathrow’s Terminal 5 over the Easter period due to strike action by security workers. The...

by admin March 27, 2023
Heathrow strike forces BA to cancel flights from Terminal 5 over Easter period
Business

Nearly 100,000 prepayment energy meters forcibly installed last year

More than 94,000 prepayment meters were installed in homes in Britain throughout 2022, government figures show. The meters were installed by energy providers such...

by admin March 27, 2023
Nearly 100,000 prepayment energy meters forcibly installed last year
Business

Silicon Valley Bank acquired by First Citizen Bank

A buyer has been found for the collapsed Silicon Valley Bank, the bank whose downfall heralded the financial unrest still being felt across the...

by admin March 27, 2023
Silicon Valley Bank acquired by First Citizen Bank
Business

Barclays-backed Bink secures lifeline with £9m funding round

A loyalty app which counts Barclays and Lloyds Banking Group among its shareholders has secured a £9m funding lifeline. Sky News understands that existing...

by admin March 26, 2023
Barclays-backed Bink secures lifeline with £9m funding round
Business

Manchester United receive overnight Qatari bid from Sheikh Jassim as battle for ownership of Premier League club intensifies

Manchester United received a fresh Qatari bid overnight – as the battle to purchase the Premier League giants intensifies. Sheikh Jassim bin Hamad Al...

by admin March 25, 2023
Manchester United receive overnight Qatari bid from Sheikh Jassim as battle for ownership of Premier League club intensifies
Business

Elliott premieres blockbuster bid for parts of ailing Cineworld

The renowned activist investor Elliott Management is plotting a takeover of large chunks of Cineworld, the stricken London-listed cinema operator. Sky News has learnt...

by admin March 25, 2023
Elliott premieres blockbuster bid for parts of ailing Cineworld
Business

Deutsche Bank heads new rout for banking stocks on financial markets

Germany’s largest bank has become the focus in a new wave of selling across banking and wider financial stocks, less than a week after...

by admin March 24, 2023
Deutsche Bank heads new rout for banking stocks on financial markets
Business

Millions of mobile phone and internet users could be paying 17.3% more on their bills this time next week

Millions of mobile phone and internet users are facing a price increase of 17.3% on their bills in just a week’s time. Every April,...

by admin March 24, 2023
Millions of mobile phone and internet users could be paying 17.3% more on their bills this time next week
Business

Bank of England raises interest rate by quarter point after surprise leap in inflation

The Bank of England has revealed it no longer believes the UK will face a technical recession this year, as it raised the interest...

by admin March 23, 2023
Bank of England raises interest rate by quarter point after surprise leap in inflation
Business

More than a million universal credit payments cut over the past year because of historical overpaid tax credits

The government is cutting benefit payments to some of Britain’s poorest families or threatening them with debt collectors in a raid that is “plunging...

by admin March 23, 2023
More than a million universal credit payments cut over the past year because of historical overpaid tax credits
Business

Bank of England set to raise interest rate for 11th time in 18 months

The Bank of England is expected to raise the interest rate for the 11th time in less than 18 months after Wednesday’s surprise jump...

by admin March 23, 2023
Bank of England set to raise interest rate for 11th time in 18 months
Business

More Amazon warehouse strikes on the cards after ‘insulting’ pay rise

Striking Amazon workers have vowed to step up industrial action following an “insulting” new pay rise. It comes after Amazon announced on Wednesday that...

by admin March 22, 2023
More Amazon warehouse strikes on the cards after 'insulting' pay rise
Business

RMT suspends plans for rail strikes on 30 March and 1 April

The RMT has suspended plans for rail strikes on 30 March and 1 April, the union has announced. A tweet from the union said:...

by admin March 22, 2023
RMT suspends plans for rail strikes on 30 March and 1 April
Business

US interest rates increased despite worst banking turmoil since 2008

The Federal Reserve – the US central bank, known as the Fed – has increased interest rates for the ninth time in a row....

by admin March 22, 2023
US interest rates increased despite worst banking turmoil since 2008
Business

Inflation takes surprise leap to 10.4% with food and booze costs to blame

The rate of inflation has taken a surprise leap, driven by a rising cost of alcoholic drinks in pubs and food – partly a...

by admin March 22, 2023
Inflation takes surprise leap to 10.4% with food and booze costs to blame
Business

Most drivers fear MOT rules relaxation will risk lives, suggests poll

More than two-thirds of UK drivers fear a proposed easing of MOT rules will put their lives in danger, according to a poll for...

by admin March 22, 2023
Most drivers fear MOT rules relaxation will risk lives, suggests poll
Business

Price of some everyday groceries have ‘more than doubled over the last year’

Mozzarella, cornflakes and brie are some of the food products to have more than doubled in price in the last year, new analysis has...

by admin March 22, 2023
Price of some everyday groceries have 'more than doubled over the last year'
Business

Fever-Tree to raise prices as high glass costs take a slice off profits

Fever-Tree, the upmarket tonic maker, has revealed plans to raise prices as it continues to grapple a surge in costs. The company, which had...

by admin March 22, 2023
Fever-Tree to raise prices as high glass costs take a slice off profits
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Recent Articles
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