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Strikes at Tata’s Port Talbot steelworks called off after change in closure date

A planned strike at the Port Talbot steelworks has been suspended after the Unite union said new investment was proposed. Unite is suspending its...

by admin July 1, 2024
Strikes at Tata's Port Talbot steelworks called off after change in closure date
Business

House prices still unaffordable for the average earner despite wage rises – Nationwide

Average house prices are still unaffordable for the typical earner, the UK’s largest building society has said. Despite wages rising above the rate of...

by admin July 1, 2024
House prices still unaffordable for the average earner despite wage rises - Nationwide
Business

Energy price cap falls today but £600 lift to annual bills ahead, report warns

As the latest reduction in the energy price cap takes effect, households are being warned of a big lift in bills ahead due to...

by admin June 30, 2024
Energy price cap falls today but £600 lift to annual bills ahead, report warns
Business

Boots chief James to run ophthalmology chain Veonet

The outgoing boss of Boots is leaving to run Veonet, one of Europe’s largest chains of ophthalmology clinics. Sky News has learnt that Sebastian...

by admin June 30, 2024
Boots chief James to run ophthalmology chain Veonet
Business

Boots chief James quits after owner’s £5bn sale plan stalls

The chief executive of Boots, Britain’s biggest high street pharmacy chain, is quitting after its owner’s plans for a £5bn sale or stock market...

by admin June 29, 2024
Boots chief James quits after owner's £5bn sale plan stalls
Business

Energy supplier OVO to explore options including sale

Britain’s fourth-biggest household energy supplier is lining up bankers to explore options including bringing in a new investor or a sale, 15 years after...

by admin June 29, 2024
Energy supplier OVO to explore options including sale
Business

Nationwide customers face salary payment delays – as HSBC, Barclays and Virgin Money users hit by banking glitches

Nationwide, HSBC, Barclays and Virgin Money customers have been affected by problems with banking services, leaving some unable to send and receive money. The...

by admin June 28, 2024
Nationwide customers face salary payment delays - as HSBC, Barclays and Virgin Money users hit by banking glitches
Business

Post Office Inquiry: Ex-Fujitsu engineer denies ‘protecting the monster’

An expert on the Post Office Horizon IT systems has denied suggestions he was “protecting the monster” in evidence he gave to the trial...

by admin June 28, 2024
Post Office Inquiry: Ex-Fujitsu engineer denies 'protecting the monster'
Business

Cineworld leans towards CVA after screening bidders

The owners of Cineworld are leaning towards putting its British operations through a formal restructuring process after holding initial talks about a sale with...

by admin June 28, 2024
Cineworld leans towards CVA after screening bidders
Business

Exit from recession was stronger than first thought, official figures show

The UK’s exit from recession during the first three months of the year was stronger than initial figures suggested, according to official data. In...

by admin June 28, 2024
Exit from recession was stronger than first thought, official figures show
Business

Tata’s Port Talbot steelworks set to be shutdown early due to Unite strikes

Multinational conglomerate Tata is set to shut the Port Talbot steelworks earlier than first announced over strike plans. The company has said it will...

by admin June 28, 2024
Tata's Port Talbot steelworks set to be shutdown early due to Unite strikes
Business

Mortgage repayments set to rise for three million households, says Bank of England

Around three million UK households will see their mortgage repayments rise over the next two years as high interest rates continue to take effect,...

by admin June 27, 2024
Mortgage repayments set to rise for three million households, says Bank of England
Business

Public debt limiting next government’s ability to invest says Lloyds Banking Group’s Charlie Nunn

The chief executive of Lloyds Banking Group – the UK’s biggest lender – has warned whoever wins the general election that they will not...

by admin June 27, 2024
Public debt limiting next government's ability to invest says Lloyds Banking Group's Charlie Nunn
Business

Post Office Horizon expert admits seeing legal advice on trial obligations

A key figure behind the flawed IT system that led to hundreds of sub-postmasters being wrongly jailed has told the Post Office inquiry he...

by admin June 26, 2024
Post Office Horizon expert admits seeing legal advice on trial obligations
Business

First Universal theme park in Europe to generate ‘£50bn of economic benefits for UK’

New details have been unveiled for Universal’s first UK theme park – including plans for the attraction to be open 365 days a year....

by admin June 26, 2024
First Universal theme park in Europe to generate '£50bn of economic benefits for UK'
Business

Horizon engineer Gareth Jenkins defends accounting system at Post Office inquiry

One of the architects of the Post Office Horizon accounting system has admitted there were “discreet” bugs but it generally “worked well”, dismissing suggestions...

by admin June 25, 2024
Horizon engineer Gareth Jenkins defends accounting system at Post Office inquiry
Business

Weekly real wage growth just £16 since 2010 but minimum wage one of the world’s highest – Resolution Foundation

Weekly wages have increased by just £16 in 14 years when inflation is factored in, according to research from living-standards think tank the Resolution...

by admin June 25, 2024
Weekly real wage growth just £16 since 2010 but minimum wage one of the world's highest - Resolution Foundation
Business

Getir shareholders back break-up of food delivery group

Investors in Getir, the food delivery group which is abandoning its UK operations, have approved a break-up of the company that will trigger a...

by admin June 24, 2024
Getir shareholders back break-up of food delivery group
Business

General election 2024: ‘Conspiracy of silence’ from Tories and Labour over tax plans in manifestos, thinktank IFS says

Voters have been left in the dark over how the major parties will be able to fund their spending commitments, a respected thinktank has...

by admin June 24, 2024
General election 2024: 'Conspiracy of silence' from Tories and Labour over tax plans in manifestos, thinktank IFS says
Business

Private equity suitors aim to wrap up £2bn parcel delivery group Evri

A pack of trade and private equity suitors are circling Evri, one of Britain’s biggest parcel delivery companies. Sky News has learnt that Apollo...

by admin June 23, 2024
Private equity suitors aim to wrap up £2bn parcel delivery group Evri
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