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Business

Business

Bank of England governor ‘concerned’ about inflationary pressures becoming more stubborn

The governor of the Bank of England has voiced “concern” that inflationary pressures in the UK economy could prove more stubborn than it expected....

by admin January 19, 2022
Business

Will 40 years of house price inflation see Brits turn their backs on buying homes?

Sky News analysis of new data shows that it is becoming increasingly difficult to buy a home, especially for people in the parts of...

by admin January 19, 2022
Business

Household finances to face worst hit from energy bills since 1970 by end of this year

Households in Britain could soon be spending more of their money on energy than any previous generation, including during the oil shocks of the...

by admin January 18, 2022
Business

Microsoft to buy troubled Call of Duty gaming firm Activision Blizzard for £50bn

Microsoft has agreed a deal to buy the troubled Call of Duty and Candy Crush gaming firm Activision Blizzard for $68.7bn (£50.5bn). The all-cash...

by admin January 18, 2022
Business

Amazon halts plan to stop accepting Visa credit cards in UK just two days before deadline

Amazon has announced that it will not stop accepting Visa credit cards for UK payments later this week as had been planned. In an...

by admin January 17, 2022
Business

Credit Suisse chairman resigns after bank probe finds he breached COVID-19 rules

Credit Suisse’s chairman has resigned just nine months into the role after breaching COVID-19 quarantine rules – in fresh controversy for the global investment...

by admin January 17, 2022
Business

‘Whole industry has taken a hit’: Business owners share relief as British skiers allowed to return to French slopes

There is no winter sport resort quite like Chamonix. Nestled in the shadow of Mont Blanc, it has a glittering history and a reputation...

by admin January 16, 2022
Business

Ex-Farfetch executive Robb among contenders to become ASOS CEO

A former executive at Farfetch, the online luxury fashion platform, is a contender to become the next boss of ASOS, the £2.3bn digital retailer....

by admin January 16, 2022
Business

WH Smith faces investor pay revolt amid cost-of-living crisis

The high street retailer WH Smith has been plunged into a major pay row with investors amid heightened tensions over boardroom rewards as Britain...

by admin January 15, 2022
Business

A shopkeeper ‘to his core’: Former supermarket boss Lord John Sainsbury dies

Lord John Sainsbury of Preston Candover – the former chairman of the supermarket chain – has died aged 94. The supermarket’s current chairman and...

by admin January 15, 2022
Business

Prices hikes ‘inevitable’ in face of rising costs, warns Currys boss

Customers can expect to pay more for electrical and tech goods in 2022 with price increases “inevitable”, the boss of Currys has told Sky...

by admin January 14, 2022
Business

Economy bounces back above pre-COVID level for first time but fears over Omicron hit

Britain’s economy grew stronger than expected in November before the Omicron variant struck, bouncing back for the first time above pre-pandemic levels. The Office...

by admin January 14, 2022
Business

Omicron takes out 3% of the workforce and a fifth of firms see rise in cancellations

An estimated 3% of the UK workforce was off work in late December while a fifth of businesses reported increased cancellations over the past...

by admin January 13, 2022
Business

Ovo Energy informs staff of 1,700 job losses as union rounds on management

Ovo Energy, the UK’s third-largest household supplier, has informed staff of its decision to cut its workforce by a quarter. Sky News reported on...

by admin January 13, 2022
Business

Ovo responds to energy crisis with move to cut quarter of workforce

Ovo Energy, the UK’s third-biggest gas and electricity supplier, is to cut a quarter of its workforce as part of a restructuring aimed at...

by admin January 12, 2022
Business

Thomas Cook bosses cleared after two-year Insolvency Service probe into collapse

Former directors of Thomas Cook, one of Britain’s biggest travel companies, are to be formally cleared of wrongdoing by the government’s bankruptcy watchdog after...

by admin January 12, 2022
Business

Cost of living surge sees households’ financial wellbeing squeezed

UK households have experienced the biggest slump in their financial wellbeing as a surge in the cost of living takes its toll, a new...

by admin January 11, 2022
Business

Buyout giants Bain and CVC join forces to mount bid for Boots

Two of the world’s biggest buyout firms have joined forces to pursue a multibillion pound takeover of Boots, Britain’s largest high street chain of...

by admin January 11, 2022
Business

Warrington Council-backed Together Energy lines up administrators

A residential energy supplier part-owned by a Cheshire local authority is lining up administrators amid suggestions that it could collapse as soon as this...

by admin January 10, 2022
Business

Rolls-Royce Motor Cars immune from global chip shortage after record year for sales

The chief executive of Rolls-Royce Motor Cars (RRMC) has told Sky News the company expects to continue to be immune from the global shortage...

by admin January 10, 2022
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Recent Articles
  • Starmer aims to break cabinet away day curseStarmer aims to break cabinet away day curse
  • M's Raleigh hits 2 more HRs, brings total to 38M’s Raleigh hits 2 more HRs, brings total to 38
  • Bellinger's 3 HRs lift Yankees to 5th straight winBellinger’s 3 HRs lift Yankees to 5th straight win
  • Trinity OC's 8-year-old daughter dies in TX floodsTrinity OC’s 8-year-old daughter dies in TX floods
  • Google hires Windsurf CEO Varun Mohan, others in latest AI talent deal Google hires Windsurf CEO Varun Mohan, others in latest AI talent deal
  • Robinhood is up 160% this year, but several obstacles are aheadRobinhood is up 160% this year, but several obstacles are ahead
  • Rocket maker Firefly Aerospace files to go public under ticker FLYRocket maker Firefly Aerospace files to go public under ticker FLY
  • Bill Gates says Trump's cuts to USAID are devastating: 'It’s not too late to reverse them'Bill Gates says Trump’s cuts to USAID are devastating: ‘It’s not too late to reverse them’
  • Fuel to engines of Air India plane that crashed cut off moments after take-off, report findsFuel to engines of Air India plane that crashed cut off moments after take-off, report finds
  • Fuel to engines of Air India plane cut off moments before crash, preliminary report findsFuel to engines of Air India plane cut off moments before crash, preliminary report finds
World News
  • Fuel to engines of Air India plane cut off moments before crash, preliminary report findsFuel to engines of Air India plane cut off moments before crash, preliminary report finds
  • 'At least 798 killed' at Gaza aid points - as medical charity warns acute malnutrition at all-time high‘At least 798 killed’ at Gaza aid points – as medical charity warns acute malnutrition at all-time high
  • 'At least 798 killed' at Gaza aid points - as medical charity warns acute malnutrition at all-time highAt least 798 people have been killed at Gaza aid points, the UN says
  • Ten children among at least 15 killed waiting for Gaza health clinic to open, says aid groupTen children among at least 15 killed waiting for Gaza health clinic to open, says aid group
  • 'Physical threat' from Iran on people living in UK has 'increased significantly', watchdog says‘Physical threat’ from Iran on people living in UK has ‘increased significantly’, watchdog says
  • This flimsy vessel carrying migrants could reach British waters in a few hours' timeThis flimsy vessel carrying migrants could reach British waters in a few hours’ time
  • At least four killed and 'many' kidnapped after Houthi rebels sink cargo ship Eternity C in Red SeaAt least four killed and ‘many’ kidnapped after Houthi rebels sink cargo ship Eternity C in Red Sea
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