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Business

Business

Shapps orders oligarch-backed firm to sell UK broadband provider on national security grounds

The business secretary has ordered an investment firm backed by sanctioned Russian oligarchs to sell regional broadband provider Upp, citing national security concerns. Grant...

by admin December 20, 2022
Shapps orders oligarch-backed firm to sell UK broadband provider on national security grounds
Business

How doing your Christmas shopping with your phone could shave money off your mortgage

Every week when Linda Glass pays for her weekly shop, she is also overpaying on her mortgage – and is on track to save...

by admin December 20, 2022
How doing your Christmas shopping with your phone could shave money off your mortgage
Business

British Airways apologises after flights leaving US delayed due to ‘technical issue’

British Airways has apologised to customers after suffering “a technical issue with our third-party flight planning supplier” which has delayed flights departing the US....

by admin December 20, 2022
British Airways apologises after flights leaving US delayed due to 'technical issue'
Business

Xpediator founder bids to take logistics company private

The founder of Xpediator, a London-listed logistics company, is hatching a plan to take it private. Sky News understands that Stephen Blyth, who stepped...

by admin December 19, 2022
Xpediator founder bids to take logistics company private
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
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Recent Articles
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World News
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  • Donald Trump withdraws support for Marjorie Taylor Greene after she calls for Epstein files to be releasedDonald Trump withdraws support for Marjorie Taylor Greene after she calls for Epstein files to be released
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  • A US man is believed to be the first to have died from a meat allergy linked to tick bitesA US man is believed to be the first to have died from a meat allergy linked to tick bites
  • High Court rules company liable for Brazil dam collapse - the country's worst environmental disasterHigh Court rules company liable for Brazil dam collapse – the country’s worst environmental disaster
  • Sudan's top paramilitary adviser says US calls to cut supply of weapons may 'jeopardise ceasefire'Sudan’s top paramilitary adviser says US calls to cut supply of weapons may ‘jeopardise ceasefire’
  • Iraqi prime minister's coalition wins parliamentary electionsIraqi prime minister’s coalition wins parliamentary elections
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