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EU Commission threatens ‘proportionate actions’ over UK government plans to override NI Protocol part of post-Brexit deal

The European Commission has warned it will take “proportionate action” to secure the legal implementation of the Northern Ireland Protocol after the UK government...

by admin June 13, 2022
Business

Shock contraction of 0.3% for UK economy in April as CBI demands ‘vital actions’ to prevent recession

The UK economy contracted by 0.3% in April, according to official figures released as the CBI, Britain’s biggest employers’ group, demanded “vital actions” from...

by admin June 13, 2022
Business

Landsec’s Hogg hopes to hit right note as Royal Opera House chair

The chair of Landsec, the FTSE-100 commercial property group, is on a shortlist of contenders to take the helm at the Royal Opera House,...

by admin June 12, 2022
Business

Plans to allow agency workers to fill in for striking rail staff condemned as ‘reckless’

Plans to change the law to allow agency workers to fill in for striking staff have been branded “reckless” by unions – ahead of...

by admin June 12, 2022
Business

Spurned Ofcom candidate Gilbert screened to lead BBC funding review

One of the candidates snubbed in the recent race to chair Ofcom, the media regulator, is being considered to oversee a government-commissioned review of...

by admin June 11, 2022
Business

Matalan bondholders seek talks over budget retailer’s future

Lenders to Matalan, one of Britain’s biggest budget retailers, are preparing for crunch talks about the chain’s future financing against a backdrop of soaring...

by admin June 10, 2022
Business

More than half of UK households cutting back on gas and electricity use due to cost of living crisis

More than half of UK households have cut down on their energy usage as a result of the cost of living crisis, new data...

by admin June 10, 2022
Business

Pilot union fury as Wizz Air boss urges fatigued staff to go ‘the extra mile’

The boss of Wizz Air is facing a backlash from unions, including pilots’ representatives, after he urged fatigued staff to go the “extra mile”...

by admin June 9, 2022
Business

Poundland warns customers are already cutting back on essentials

The owner of discount retailer Poundland has warned that its UK shoppers appear to be suffering most as the cost of living crisis gathers...

by admin June 9, 2022
Business

Even if you don’t drive, you’ll pay for the rise in petrol prices

The £100 tank of unleaded petrol is another milestone on the relentless upward path of fuel prices. Watching the price click in to three...

by admin June 9, 2022
Business

Workers from second transport union to strike on first day of biggest walkout since 1989

Commuters are set to face more transport misery in London on 21 June when a planned strike takes place on the Tube and the...

by admin June 8, 2022
Business

Sunak urged to cut taxes or raise spending as UK poised for weakest growth in developed world

Rishi Sunak has been urged by one of the world’s leading economic authorities to cut taxes or raise spending in the face of looming...

by admin June 8, 2022
Business

We are not investing enough in renewables, fossil fuel giant admits

Fossil fuel giant Equinor has told Sky News it is not investing as much money as it ought to in renewable forms of energy....

by admin June 7, 2022
Business

Car retailer Cazoo to cut 750 jobs over recession fears

Cazoo, one of Europe’s largest online car retailers, has said it plans to cut nearly 750 jobs in a bid to save £200m as...

by admin June 7, 2022
Business

Platinum Jubilee ‘boost’ for shops and hospitality despite cost of living squeeze

Retailers, along with pubs and restaurants, have enjoyed a “welcome boost” from the four-day weekend celebrating the Queen’s Platinum Jubilee, according to two measures...

by admin June 6, 2022
Business

Petrol prices hit “frightening” new record high

Average petrol prices have reached a “frightening” new record high of 177.8p a litre, figures show, a further increase on the last record price...

by admin June 6, 2022
Business

Inflexion blows final whistle with sale of Goals Soccer Centres

Goals Soccer Centres, one of Britain’s biggest operators of 5-a-side football pitches, is to be sold to its management team, capping a three-year stint...

by admin June 5, 2022
Business

People urged to avoid the Tube on Monday with workers set to strike

People are being warned to avoid the London Underground on Monday, with workers set to strike straight after the Jubilee weekend. Thousands of members...

by admin June 4, 2022
Business

Housebuilding giant Barratt kicks off search for next chairman

The City veteran John Allan is preparing to step down as chairman of Barratt Developments, Britain’s second-biggest housebuilder by market value. Sky News has...

by admin June 4, 2022
Business

Hundreds complain about phantom braking in Tesla cars – as Musk says he has ‘bad feeling’ about economy

Hundreds of Tesla owners have complained to the US regulator that the cars operating on the partially automated driving systems have suddenly stopped for...

by admin June 3, 2022
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