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Business

Former tech darling Cazoo crashes into administration 

Cazoo, the British online car retailer once-valued at well over £5bn, will crash into administration on Tuesday. Sky News understands that insolvency practitioners from...

by admin May 21, 2024
Former tech darling Cazoo crashes into administration 
Business

Grocery inflation at lowest level since October 2021, industry data suggests

Grocery inflation has eased to its lowest level since October 2021, according to industry data released before official figures tipped to show a big...

by admin May 21, 2024
Grocery inflation at lowest level since October 2021, industry data suggests
Business

‘We’ve got to fight for our livelihoods’: Port Talbot’s uncertain future as the cost of going green hits home

“Workers united, will never be defeated!” a man shouts into a loud hailer. He is part of a crowd marching through the streets of...

by admin May 21, 2024
'We've got to fight for our livelihoods': Port Talbot's uncertain future as the cost of going green hits home
Business

Skills ‘boot camps’ to be offered – as minister says UK has relied on foreign workers ‘for too long’

The government is set to offer “skills boot camps” in an attempt to get people on benefits back into work and to fill job...

by admin May 21, 2024
Skills 'boot camps' to be offered - as minister says UK has relied on foreign workers 'for too long'
Business

Online fashion giant Shein approaches Sajid Javid ahead of blockbuster IPO

Sajid Javid, the former chancellor of the exchequer, has been approached about taking a role at Shein, the online fashion giant which is progressing...

by admin May 20, 2024
Online fashion giant Shein approaches Sajid Javid ahead of blockbuster IPO
Business

£4.7bn spent on EU border checks but some costs ‘unnecessary’ and timetable unclear, says new National Audit Office report

Traders are facing increased costs and more paperwork due to Brexit border controls, according to a new report from the independent public spending watchdog....

by admin May 20, 2024
£4.7bn spent on EU border checks but some costs 'unnecessary' and timetable unclear, says new National Audit Office report
Business

Record profits at Ryanair after costs rise – but ticket price cuts could be on the way

Ryanair has reported another year of record profits and passenger numbers. The average fare at the airline, which is Europe’s largest by passenger numbers,...

by admin May 20, 2024
Record profits at Ryanair after costs rise - but ticket price cuts could be on the way
Business

Getir quits UK with multimillion pound Tottenham Hotspur debt

Getir, the grocery delivery app which this month confirmed plans to exit the UK, has an outstanding debt to Tottenham Hotspur Football Club running...

by admin May 19, 2024
Getir quits UK with multimillion pound Tottenham Hotspur debt
Business

Sir Jim Ratcliffe scolds Tories over handling of economy and immigration after Brexit

Billionaire Sir Jim Ratcliffe has told Sky News that Britain is ready for a change of government after scolding the Conservatives over their handling...

by admin May 19, 2024
Sir Jim Ratcliffe scolds Tories over handling of economy and immigration after Brexit
Business

Marks & Spencer’s website and app go down

Marks & Spencer’s website and app has not been working for several hours, with a message telling shoppers “you can’t shop with us right...

by admin May 18, 2024
Marks & Spencer's website and app go down
Business

Employees at fintech giant Revolut to cash in with $500m share sale

Bosses at Revolut, Britain’s biggest fintech, are drawing up plans to allow employees to cash in with a sale of stock valued at hundreds...

by admin May 18, 2024
Employees at fintech giant Revolut to cash in with 0m share sale
Business

About 100 sub-postmaster convictions separate to Post Office cases may be ‘tainted’

Prosecutions of sub postmasters by the Department for Work and Pensions could be “tainted” as Sky News reveals officials worked with now discredited Post...

by admin May 17, 2024
About 100 sub-postmaster convictions separate to Post Office cases may be 'tainted'
Business

Ex-Post Office head of IT says Paula Vennells ‘hoped to avoid’ inquiry – and reveals she blocked her number

A former Post Office executive has said she was forced to block ex-boss Paula Vennells’ phone number after the ex-CEO called multiple times asking...

by admin May 16, 2024
Ex-Post Office head of IT says Paula Vennells 'hoped to avoid' inquiry - and reveals she blocked her number
Business

London City Airport lands FitzGerald as first female boss

London City Airport will on Thursday name its first permanent female chief executive as it targets approval of an expansion plan that would create...

by admin May 16, 2024
London City Airport lands FitzGerald as first female boss
Business

Thames Water investors to quit boards amid spectre of bailout

Representatives of Thames Water’s multinational syndicate of shareholders are poised to quit as directors of its corporate entities after refusing to inject the billions...

by admin May 15, 2024
Thames Water investors to quit boards amid spectre of bailout
Business

Royal Mail ‘minded’ to accept £3.5bn takeover proposal by Czech billionaire Daniel Kretinsky

The owner of Royal Mail has said it is “minded” to accept a revised takeover bid by Czech billionaire Daniel Kretinsky. The latest offer...

by admin May 15, 2024
Royal Mail 'minded' to accept £3.5bn takeover proposal by Czech billionaire Daniel Kretinsky
Business

West has ‘good hand in China economic battlefield but it doesn’t have to be war’

The boss of the world’s biggest bank has told Sky News that Western economies have a “good hand” in the “economic battlefield” with China...

by admin May 15, 2024
West has 'good hand in China economic battlefield but it doesn't have to be war'
Business

Brexit border IT crash delays fresh food imports by more than a day

IT systems failures at the UK border have caused major delays to fresh food shipments from the EU, with importers complaining of chaos at...

by admin May 15, 2024
Brexit border IT crash delays fresh food imports by more than a day
Business

Rapid steps needed for Britain to compete in green industrial revolution – IPPR says

Britain has a chance to compete in the green industrial revolution, but only if the government takes rapid steps to help shore up its...

by admin May 15, 2024
Rapid steps needed for Britain to compete in green industrial revolution - IPPR says
Business

Landlords ‘holding parliament hostage’ over threat of selling up – as peers urged to ‘rescue’ Renters Reform Bill

Landlords have been accused of “holding parliament hostage” with the threat of selling up to stop tenants’ rights from being strengthened. A fresh row...

by admin May 15, 2024
Landlords 'holding parliament hostage' over threat of selling up - as peers urged to 'rescue' Renters Reform Bill
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