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Business

Business

GoCardless employees in line for £100m windfall

GoCardless, the digital payments platform, is to become the third British fintech in as many months to orchestrate a share sale that will result...

by admin October 22, 2024
GoCardless employees in line for £100m windfall
Business

UK economic forecast boosted by IMF

The International Monetary Fund (IMF) has upgraded its projection for UK growth this year by 0.4% to 1.1% – the largest upward revision for...

by admin October 22, 2024
UK economic forecast boosted by IMF
Business

Government borrowing remains at highest since pandemic

Government borrowing is at its highest since the pandemic due to public sector pay rises and the high cost of borrowing, official figures show....

by admin October 22, 2024
Government borrowing remains at highest since pandemic
Business

Water companies seek even higher bill increases than first indicated

Water companies across England and Wales are asking for bills to be made even higher than they first requested, with one company seeking an...

by admin October 22, 2024
Water companies seek even higher bill increases than first indicated
Business

Labour’s Employment Rights Bill could cost business up to £5bn a year, government analysis shows

Overhauling workers’ rights could cost businesses around £5bn a year, the government has said. The Employment Rights Bill, which aims to tackle low pay...

by admin October 21, 2024
Labour's Employment Rights Bill could cost business up to £5bn a year, government analysis shows
Business

Saudi-funded LIV Golf strikes deal to tee off in India

The breakaway international golf tour funded by Saudi Arabia’s vast wealth is to stage its first event in India early next year amid its...

by admin October 21, 2024
Saudi-funded LIV Golf strikes deal to tee off in India
Business

Bonus payments to water company bosses rise to £9.1m amid sewage scandal

Bonuses to water company bosses rose this year to £9.1m – despite record sewage discharges and financial woes at some utilities. Executives from English...

by admin October 21, 2024
Bonus payments to water company bosses rise to £9.1m amid sewage scandal
Business

Ocado Group lines up ex-Microsoft exec as next chairman

A former Microsoft executive is being lined up as the next chairman of Ocado Group, the online grocery technology provider. Sky News has learnt...

by admin October 21, 2024
Ocado Group lines up ex-Microsoft exec as next chairman
Business

How the odd bet on football could cost you a mortgage

While having the odd bet on your football team to win at the weekend sounds like a bit of harmless fun, it could actually...

by admin October 21, 2024
How the odd bet on football could cost you a mortgage
Business

Doubts grow over Reaction Engines rescue deal with UAE fund

The prospects of a rescue deal being struck for a British hypersonic aviation pioneer appeared to recede this weekend when it emerged that talks...

by admin October 20, 2024
Doubts grow over Reaction Engines rescue deal with UAE fund
Business

Whitehall to deliver plan to mutualise crisis-hit Post Office

Ministers are exploring plans to hand ownership of the Post Office to thousands of sub-postmasters across Britain in an historic shake-up at the 364...

by admin October 19, 2024
Whitehall to deliver plan to mutualise crisis-hit Post Office
Business

Settlement with former chief Danker ‘cost CBI £500,000’

Tony Danker, the former director-general of the CBI, is to receive in the region of £500,000 from the business lobbying group in a settlement...

by admin October 18, 2024
Settlement with former chief Danker 'cost CBI £500,000'
Business

BrewDog founder says entrepreneurs will abandon UK if capital gains tax increases

The founder of BrewDog has claimed that entrepreneurs will abandon Britain if capital gains tax is increased. James Watt, the founder of the brewery...

by admin October 18, 2024
BrewDog founder says entrepreneurs will abandon UK if capital gains tax increases
Business

Fund manager Baillie Gifford issues ‘return-to-office’ edict

Baillie Gifford, the Edinburgh-based fund manager, has told staff to return to full-time office working, the latest in a string of employers to cool...

by admin October 18, 2024
Fund manager Baillie Gifford issues 'return-to-office' edict
Business

Very Group tabled offer for Simply Be-owner ahead of family buyout

The home shopping group behind fashion brands such as Simply Be and Jacamo, received a takeover proposal from Very Group shortly before it agreed...

by admin October 18, 2024
Very Group tabled offer for Simply Be-owner ahead of family buyout
Business

3i picks bankers to swallow £500m Applaws pet food maker

3i Group, the listed private equity group, has picked bankers to sell the pet food manufacturer behind leading brands including Applaws. Sky News has...

by admin October 18, 2024
3i picks bankers to swallow £500m Applaws pet food maker
Business

Thames Water bondholders split amid fight to avert nationalisation 

A collection of bondholders in Thames Water are mobilising to protect their interests amid an intensifying battle to avert the company’s nationalisation. Sky News...

by admin October 17, 2024
Thames Water bondholders split amid fight to avert nationalisation 
Business

Wagamama-owner seeks to lock in lower interest rates with refinancing

The owner of Wagamama has begun exploring a £300m refinancing as it seeks to reduce its borrowing costs by locking in lower interest rates....

by admin October 17, 2024
Wagamama-owner seeks to lock in lower interest rates with refinancing
Business

Mothercare strikes £30m deal with Indian giant Reliance

Mothercare is closing on a £30m deal with one of India’s biggest retail groups that will provide the London-listed company with a long-awaited solution...

by admin October 17, 2024
Mothercare strikes £30m deal with Indian giant Reliance
Business

Energy retailer Ovo poaches Monzo finance chief amid talk of sale

Britain’s fourth-biggest household energy supplier has poached a senior executive from Monzo, the digital bank, as it explores options that could lead to a...

by admin October 17, 2024
Energy retailer Ovo poaches Monzo finance chief amid talk of sale
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Recent Articles
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World News
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  • Putin's 'hidden hand' likely helping Iran against Trump, UK defence secretary saysPutin’s ‘hidden hand’ likely helping Iran against Trump, UK defence secretary says
  • What we know about the deadly Iran school strikeWhat we know about the deadly Iran school strike
  • Kim Jong Un and teenage daughter fire guns as North Korea debuts new weaponKim Jong Un and teenage daughter fire guns as North Korea debuts new weapon
  • Sudan shows how the nature of war is changing - and it's a death trap for civiliansSudan shows how the nature of war is changing – and it’s a death trap for civilians
  • Kim Jong Un watches missile tests with his daughter touted as next leaderKim Jong Un watches missile tests with his daughter touted as next leader
  • Sudan shows how the nature of war is changing - and it's a death trap for civiliansSudan shows how the nature of war is changing – and it’s a death trap for civilians
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