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Business

Business

American fund KPS sets sail with purchase of British yacht-builder Princess

Britain’s biggest luxury yacht-builder is being sold to new private equity backers 15 years after it last changed hands. Sky News has learnt that...

by admin February 13, 2023
American fund KPS sets sail with purchase of British yacht-builder Princess
Business

Crisis deepens at MJ Hudson as auditor EY resigns 

The crisis engulfing MJ Hudson, the stricken asset management services provider, will deepen on Monday when it discloses that its auditor has resigned. Sky...

by admin February 12, 2023
Crisis deepens at MJ Hudson as auditor EY resigns 
Business

Royal warrant-holder Hunter Boot on brink of £7m funding lifeline

Hunter Boot, the royal warrant-holding footwear brand, is close to landing a multimillion-pound funding lifeline that could pave the way for an outright sale....

by admin February 12, 2023
Royal warrant-holder Hunter Boot on brink of £7m funding lifeline
Business

Sportswear brand Castore gets into shape for $200m fundraising

Castore, the British sportswear brand backed by Sir Andy Murray, is in talks with investors about a $200m fundraising as it intensifies its battle...

by admin February 11, 2023
Sportswear brand Castore gets into shape for 0m fundraising
Business

Used car sales find reverse gear on supply squeeze

Sales of used cars fell by 8.5% last year, according to industry figures highlighting a squeeze on stocks. The Society of Motor Manufacturers and...

by admin February 10, 2023
Used car sales find reverse gear on supply squeeze
Business

UK economy narrowly avoids recession despite December hit from strikes

The economy narrowly avoided recession in the second half of last year, according to early official figures, despite growth going into a sharp reverse...

by admin February 10, 2023
UK economy narrowly avoids recession despite December hit from strikes
Business

Deliveroo to cut hundreds of jobs globally – and UK to be worst hit

Takeaway delivery platform Deliveroo has announced it is to cut roughly 350 jobs, equivalent to about 9% of the company workforce. Roles across the...

by admin February 9, 2023
Deliveroo to cut hundreds of jobs globally - and UK to be worst hit
Business

UK pays EU £2.3bn after losing trade dispute

The UK has paid £2.3bn to the EU after losing a long-running trade dispute, with the amount including £1bn in interest. The government announced...

by admin February 9, 2023
UK pays EU £2.3bn after losing trade dispute
Business

Inflation-busting public sector pay rises risk stoking inflation, Bank of England governor warns

The governor of the Bank of England has told MPs that its forecasts for inflation to more than halve this year are at risk...

by admin February 9, 2023
Inflation-busting public sector pay rises risk stoking inflation, Bank of England governor warns
Business

Cost of living: Consumer goods giant Unilever expects price growth throughout 2023

The company behind many popular consumer brands including Marmite and Magnum ice creams has said it expects price growth to ease later this year...

by admin February 9, 2023
Cost of living: Consumer goods giant Unilever expects price growth throughout 2023
Business

Disney to axe 7,000 jobs in bid to cut costs

Around 7,000 jobs are to go at Disney – about 3.6% of the workforce – as a multi-billion dollar cost saving restructuring was announced...

by admin February 9, 2023
Disney to axe 7,000 jobs in bid to cut costs
Business

Paying Twitter users can now write longer tweets, but news overshadowed by technical glitch

Twitter has announced that subscribers to its premium Blue service can now post longer tweets – but the news has been overshadowed by technical...

by admin February 9, 2023
Paying Twitter users can now write longer tweets, but news overshadowed by technical glitch
Business

Kemi Badenoch criticises ‘fake conversation’ of Brexit damage as UK-Italy trade partnership signed

Fixating on the short-term damage caused by Brexit is a “fake conversation”, the new Business and Trade Secretary has said, adding that it will...

by admin February 8, 2023
Kemi Badenoch criticises 'fake conversation' of Brexit damage as UK-Italy trade partnership signed
Business

Microsoft’s $69bn takeover of Activision a step closer to being blocked by UK watchdog

The UK’s competition watchdog has moved a step closer to potentially blocking Microsoft’s planned $69bn (£56bn) takeover of Call of Duty gaming firm Activision....

by admin February 8, 2023
Microsoft’s bn takeover of Activision a step closer to being blocked by UK watchdog
Business

Energy crunch: UK’s largest gas supplier warns output is at capacity

The boss of the UK’s largest gas supplier, Norway’s Equinor, has warned it will be difficult to further increase output after ramping up production...

by admin February 8, 2023
Energy crunch: UK's largest gas supplier warns output is at capacity
Business

UK to swerve recession but a quarter of homes face cost of living struggle, think-tank predicts

The UK will avoid tipping into recession this year but a greater number of homes – one-in-four – will struggle to pay elevated bills,...

by admin February 8, 2023
UK to swerve recession but a quarter of homes face cost of living struggle, think-tank predicts
Business

McDonald’s signs legal agreement to better protect UK staff from sexual harassment

McDonald’s has signed a legal agreement with the equality watchdog amid concerns over how it has handled sexual harassment complaints made by UK staff....

by admin February 8, 2023
McDonald's signs legal agreement to better protect UK staff from sexual harassment
Business

BP to miss key climate target as annual profits hit record £23bn

BP has revealed it is to miss a key climate goal while announcing record annual profits. The London-based firm said its main measure, underlying...

by admin February 7, 2023
BP to miss key climate target as annual profits hit record £23bn
Business

Consumer spending still below inflation but cinema and travel outlays buck the trend

Consumer spending remained broadly below inflation last month but people forked out for holidays and entertainment as pent-up demand was released. Closely watched data...

by admin February 7, 2023
Consumer spending still below inflation but cinema and travel outlays buck the trend
Business

Britcoin digital pound decision to be made by 2025

A decision on whether to introduce a so-called ‘Britcoin’ digital pound is to be made by 2025, the Treasury has announced, as a consultation...

by admin February 6, 2023
Britcoin digital pound decision to be made by 2025
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Recent Articles
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  • Night owl bitcoin traders: Soon there'll be an ETF just for youNight owl bitcoin traders: Soon there’ll be an ETF just for you
  • Cisco's stock closes at record for first time since dot-com peak in 2000Cisco’s stock closes at record for first time since dot-com peak in 2000
  • US has seized oil tanker off coast of Venezuela, Donald Trump saysUS has seized oil tanker off coast of Venezuela, Donald Trump says
  • Live music venues warn of 'devastating consequences' of budget tax changes in letter to Sir Keir StarmerLive music venues warn of ‘devastating consequences’ of budget tax changes in letter to Sir Keir Starmer
  • 'Exceptional' British soldier killed in Ukraine accident pictured‘Exceptional’ British soldier killed in Ukraine accident pictured
  • US forces seize oil tanker off coast of VenezuelaUS forces seize oil tanker off coast of Venezuela
  • US plans to start checking all tourists' social mediaUS plans to start checking all tourists’ social media
  • Egypt and Iran complain to FIFA after World Cup match scheduled to coincide with Seattle Pride eventEgypt and Iran complain to FIFA after World Cup match scheduled to coincide with Seattle Pride event
  • Meghan contacts estranged father Thomas Markle in Philippines hospitalMeghan contacts estranged father Thomas Markle in Philippines hospital
World News
  • US has seized oil tanker off coast of Venezuela, Donald Trump saysUS has seized oil tanker off coast of Venezuela, Donald Trump says
  • 'Exceptional' British soldier killed in Ukraine accident pictured‘Exceptional’ British soldier killed in Ukraine accident pictured
  • US forces seize oil tanker off coast of VenezuelaUS forces seize oil tanker off coast of Venezuela
  • Egypt and Iran complain to FIFA after World Cup match scheduled to coincide with Seattle Pride eventEgypt and Iran complain to FIFA after World Cup match scheduled to coincide with Seattle Pride event
  • Meghan contacts estranged father Thomas Markle in Philippines hospitalMeghan contacts estranged father Thomas Markle in Philippines hospital
  • Venezuelan opposition leader misses Nobel Peace Prize ceremony as 'lives risked' to get her to OsloVenezuelan opposition leader misses Nobel Peace Prize ceremony as ‘lives risked’ to get her to Oslo
  • Abducted Nigerian children reunited with parents - but 150 still being heldAbducted Nigerian children reunited with parents – but 150 still being held
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