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Business

Business

Former Poundland owner lines up advisers as restructuring looms

The former owner of Poundland is lining up advisers to supervise its transition to new shareholders through a court-sanctioned process that will involve store...

by admin July 25, 2025
Former Poundland owner lines up advisers as restructuring looms
Business

TalkTalk dials up £100m investment from Ares Management

TalkTalk, the telecoms and broadband group, has secured a £100m capital injection from one of its existing backers in a deal that will relieve...

by admin July 25, 2025
TalkTalk dials up £100m investment from Ares Management
Business

Lloyds Bank’s Charlie Nunn expects two more interest rate cuts in 2025

The head of the UK’s biggest mortgage lender has said he expects two more interest rate cuts this year, making borrowing cheaper. Chief executive...

by admin July 24, 2025
Lloyds Bank's Charlie Nunn expects two more interest rate cuts in 2025
Business

AO chair Cooper interviewed for Channel 4 chair job

The chairman of AO, the online electrical goods retailer, has been interviewed to become the next chair of state-owned broadcaster Channel 4. Sky News...

by admin July 24, 2025
AO chair Cooper interviewed for Channel 4 chair job
Business

Satellite tracker Spaceflux reaches lift-off with £5m funding boost

A British space surveillance company which has won a string of government contracts will this week announce a £5.4m fundraising to expand its global...

by admin July 24, 2025
Satellite tracker Spaceflux reaches lift-off with £5m funding boost
Business

Welfare versus warfare: Sir Keir Starmer’s unresolved question – and why the PM’s pinned his hopes on economic growth

Welfare versus warfare: for decades, it’s a question to which successive prime ministers have responded with one answer. After the end of the Cold...

by admin July 24, 2025
Welfare versus warfare: Sir Keir Starmer's unresolved question  - and why the PM's pinned his hopes on economic growth
Business

Trade war uncertainty prompts halt to eurozone rate cuts

The European Central Bank (ECB) has kept its core interest rates on hold after seven successive cuts, citing uncertainty over the threatened US trade...

by admin July 24, 2025
Trade war uncertainty prompts halt to eurozone rate cuts
Business

Tesla looks to cheaper model as revenue suffers worst drop in over a decade

Tesla has started limited production on a cheaper model in a bid to boost sluggish demand after revealing its worst slump in quarterly sales...

by admin July 23, 2025
Tesla looks to cheaper model as revenue suffers worst drop in over a decade
Business

Traders jailed for interest rate rigging have convictions overturned

Two traders jailed for rigging interest rates have had their convictions overturned by the Supreme Court. Tom Hayes, 45, was handed a 14-year jail...

by admin July 23, 2025
Traders jailed for interest rate rigging have convictions overturned
Business

Goldman Sachs boss sounds warning to Reeves on tax and regulation

London and the UK’s leading status in the global financial system is “fragile”, the boss of Goldman Sachs has warned, as the government grapples...

by admin July 23, 2025
Goldman Sachs boss sounds warning to Reeves on tax and regulation
Business

The wealth tax options Reeves could take to ease her fiscal bind

Faced with a challenging set of numbers, the chancellor is having to make difficult choices with political consequences. Tax rises and spending cuts are...

by admin July 22, 2025
The wealth tax options Reeves could take to ease her fiscal bind
Business

Government borrowing soars to second-highest level on record

Government borrowing rose significantly more than expected last month as debt interest payments soared. Official figures show the cost of public services and interest...

by admin July 22, 2025
Government borrowing soars to second-highest level on record
Business

UK gives final go-ahead to £38bn Sizewell C nuclear plant

The government has given the final go-ahead for a £38bn nuclear power plant in eastern England. The Sizewell C project in Suffolk will be...

by admin July 22, 2025
UK gives final go-ahead to £38bn Sizewell C nuclear plant
Business

Pressure grows to leave ‘mad’ Aarhus Convention used to block UK building projects

Pressure is growing to renegotiate or leave an international convention blamed for slowing building projects and increasing costs after a judge warned campaigners they...

by admin July 22, 2025
Pressure grows to leave 'mad' Aarhus Convention used to block UK building projects
Business

Abolishing Ofwat and compulsory water meters – key recommendations from landmark report into ‘broken’ water industry

The system for regulating water companies in England and Wales should be overhauled and replaced with one single body in the UK and another...

by admin July 21, 2025
Abolishing Ofwat and compulsory water meters - key recommendations from landmark report into 'broken' water industry
Business

Lakeland-owner Hilco eyes swoop for stricken jeweller Claire’s

The prolific high street investor which owns Lakeland and has backed chains including HMV and Superdry is sizing up a takeover of the UK...

by admin July 20, 2025
Lakeland-owner Hilco eyes swoop for stricken jeweller Claire's
Business

EY partner in talks to become boss of new football regulator

An expert in financial regulation at one of the big four accountancy firms is in talks to become the inaugural boss of English football’s...

by admin July 19, 2025
EY partner in talks to become boss of new football regulator
Business

Ofwat could be scrapped in water reforms

An independent review of the water industry is to recommend sweeping changes to the way the sector is managed, including the potential replacement of...

by admin July 18, 2025
Ofwat could be scrapped in water reforms
Business

Post Office Capture IT system conviction referred to Court of Appeal for first time

The first Post Office Capture conviction is to be sent to the Court of Appeal, Sky News understands, in a “breakthrough” moment in the...

by admin July 18, 2025
Post Office Capture IT system conviction referred to Court of Appeal for first time
Business

Serious water pollution incidents in England up 60% last year – with three companies blamed for most

The number of most serious water pollution incidents rose by 60% last year, according to data covering England, with three companies responsible for the...

by admin July 18, 2025
Serious water pollution incidents in England up 60% last year - with three companies blamed for most
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