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Business

Rail strikes ‘key’ reason for slump in high street visits ahead of Christmas

Visits to highs streets slumped last week, according to industry data showing a “key” impact from rail strikes amid wider evidence of a hit...

by admin December 19, 2022
Rail strikes 'key' reason for slump in high street visits ahead of Christmas
Business

UK power stations owner Uniper eyes ‘possible insolvency’ without £44bn state bailout

Uniper, the crisis-hit German gas trader that owns seven UK power stations, has warned shareholders it faces “possible insolvency” unless they back an additional...

by admin December 19, 2022
UK power stations owner Uniper eyes 'possible insolvency' without £44bn state bailout
Business

Building firms going bust at fastest rate since financial crisis

Construction businesses are going bust at their fastest rate in a decade, driving the number of company insolvencies to its highest level since the...

by admin December 18, 2022
Building firms going bust at fastest rate since financial crisis
Business

Sunak scraps Truss plan for state to buy energy from foreign producers

Rishi Sunak has abandoned his predecessor’s plan to intervene in global energy markets by spending billions of pounds on foreign gas imports. Sky News...

by admin December 17, 2022
Sunak scraps Truss plan for state to buy energy from foreign producers
Business

Rolls-Royce Motor Cars gives factory workers pay award of up to 17.6% to avert strikes

Workers at Rolls-Royce Motor Cars’ Goodwood factory are to receive a pay award worth up to 17.6% after negotiations between the luxury automaker and...

by admin December 16, 2022
Rolls-Royce Motor Cars gives factory workers pay award of up to 17.6% to avert strikes
Business

Surprise fall in retail sales before Christmas signals cost of living gloom

There was a surprise fall in retail sales last month as shoppers remained cautious given the squeeze on budgets from inflation in the run-up...

by admin December 16, 2022
Surprise fall in retail sales before Christmas signals cost of living gloom
Business

Bank of England imposes ninth consecutive interest rate rise to tackle inflation

The Bank of England has revealed a 0.5 percentage point interest rate increase – its ninth consecutive rise as it maintains its battle against...

by admin December 15, 2022
Bank of England imposes ninth consecutive interest rate rise to tackle inflation
Business

Airport security rules on liquids and laptops to be relaxed

The rules limiting the volume of liquids allowed on planes and requiring electronics to be taken out of hand luggage in security are to...

by admin December 15, 2022
Airport security rules on liquids and laptops to be relaxed
Business

US interest rates set by Federal Reserve rise to their highest since 2007 but the pace of the increase slows

US interest rates are now at their highest since the global financial crisis as the US central bank has again imposed an increase as...

by admin December 14, 2022
US interest rates set by Federal Reserve rise to their highest since 2007 but the pace of the increase slows
Business

Inflation eases to 10.7% but the cost of a night out surges ahead of Christmas

The rate of inflation eased to 10.7% from 11.1% last month, according to official figures showing that food and the cost of a night...

by admin December 14, 2022
Inflation eases to 10.7% but the cost of a night out surges ahead of Christmas
Business

Sam Bankman-Fried: Arrested crypto boss hugs parents as he is denied bail over ‘one of biggest financial frauds in US history’

Former cryptocurrency exchange boss Sam Bankman-Fried hugged his parents after being denied bail on charges relating to “one of the biggest financial frauds in...

by admin December 14, 2022
Sam Bankman-Fried: Arrested crypto boss hugs parents as he is denied bail over 'one of biggest financial frauds in US history'
Business

Adtech group Tremor feels shock of shareholder pay revolt

A London-listed advertising technology provider has caved into shareholder pressure and abandoned plans to recalibrate a multimillion-pound executive pay scheme. Sky News has learnt...

by admin December 14, 2022
Adtech group Tremor feels shock of shareholder pay revolt
Business

Pound rises to six-month high against dollar as US inflation slows

The pound can buy more dollars than at any point in the last six months after the US rate of inflation slowed to its...

by admin December 14, 2022
Pound rises to six-month high against dollar as US inflation slows
Business

Higher risk of households defaulting on loans as Bank warns of worsening financial conditions

“Significant pressure” will be placed on the ability of households to meet their debts, the Bank of England has said in its latest health...

by admin December 13, 2022
Higher risk of households defaulting on loans as Bank warns of worsening financial conditions
Business

Sam Bankman-Fried: Former FTX boss charged with defrauding investors

The former boss of one of the world’s biggest cryptocurrency exchanges has been charged with defrauding investors out of $1.8bn (£1.5bn). Sam Bankman-Fried, the...

by admin December 13, 2022
Sam Bankman-Fried: Former FTX boss charged with defrauding investors
Business

Second largest fall in real wage growth since records began while unemployment rate ticks up

The UK recorded its second largest fall in real wage growth since records began in 2001 during October and the unemployment rate rose, according...

by admin December 13, 2022
Second largest fall in real wage growth since records began while unemployment rate ticks up
Business

Sam Bankman-Fried: Founder of bankrupt crypto firm FTX arrested in Bahamas

Police in the Bahamas have arrested Sam Bankman-Fried, the founder of bankrupt crypto firm FTX. The country’s attorney general said the Bahamas received formal...

by admin December 13, 2022
Sam Bankman-Fried: Founder of bankrupt crypto firm FTX arrested in Bahamas
Business

Rail strikes to go ahead this week as RMT members reject offer

Rail strikes will go ahead this week after union members voted to reject an offer from Network Rail. Members of the RMT union will...

by admin December 12, 2022
Rail strikes to go ahead this week as RMT members reject offer
Business

Economy returns to growth in October – but recession still expected

The economy returned to growth in October, according to early official figures which experts suggest could be the last to show expansion for some...

by admin December 12, 2022
Economy returns to growth in October - but recession still expected
Business

Metro Bank fined £10m for publishing ‘incorrect information to investors’

Metro Bank has been fined just over £10m by the City watchdog for breaching rules by “publishing incorrect information to investors”. The Financial Conduct...

by admin December 12, 2022
Metro Bank fined £10m for publishing 'incorrect information to investors'
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Recent Articles
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World News
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  • China warns UK and US after USS Higgins and HMS Richmond sail through Taiwan StraitChina warns UK and US after USS Higgins and HMS Richmond sail through Taiwan Strait
  • Charlie Kirk's widow pays tribute to 'perfect' husband and says her cries 'will echo around the world'Charlie Kirk’s widow pays tribute to ‘perfect’ husband and says her cries ‘will echo around the world’
  • Charlie Kirk suspect arrested after tip-off from fatherCharlie Kirk suspect arrested after tip-off from father
  • UK joins NATO operation to bolster Europe's eastern flank after Russian drone incursions into PolandUK joins NATO operation to bolster Europe’s eastern flank after Russian drone incursions into Poland
  • Russia-Belarus drills begin as tensions high after drone incursion in PolandRussia-Belarus drills begin as tensions high after drone incursion in Poland
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