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Business

Reddit valued at $6.4bn after share sale boost for IPO market

Shares in Reddit will make their market debut later on Thursday after a sale valuing the social media platform at $6.4bn (£5bn). The company’s...

by admin March 21, 2024
Reddit valued at .4bn after share sale boost for IPO market
Business

Next eyes ‘small reduction’ in prices ahead as cost of goods ease

Next, the clothing to homewares retailer, is anticipating a “small reduction” in selling prices this year due to falls in the cost of goods....

by admin March 21, 2024
Next eyes 'small reduction' in prices ahead as cost of goods ease
Business

Rate of inflation eases to 3.4% in February, official figures show

The rate of inflation slowed sharply to an annual rate of 3.4% in February, according to official figures charting a big contribution from food...

by admin March 20, 2024
Rate of inflation eases to 3.4% in February, official figures show
Business

Aldi’s ‘cheapest Christmas dinner’ advert misled shoppers, says watchdog

Aldi’s claim it was the “home of Britain’s cheapest Christmas dinner” was found to be misleading after rival supermarket Sainsbury’s reported it to the...

by admin March 20, 2024
Aldi's 'cheapest Christmas dinner' advert misled shoppers, says watchdog
Business

Ex-chancellor Hammond’s fintech Railsr eyes merger of Equals

A British financial technology company chaired by Lord Hammond of Runnymede, the former chancellor, has made an approach to merge with a London-listed peer....

by admin March 20, 2024
Ex-chancellor Hammond’s fintech Railsr eyes merger of Equals
Business

Major brands deny ‘shrinkflation’ as Heinz says reducing the number of beans in a tin doesn’t count

Major brands have denied so-called “shrinkflation”, despite selling smaller quantities of a product for similar prices, saying there was no need for greater transparency...

by admin March 20, 2024
Major brands deny 'shrinkflation' as Heinz says reducing the number of beans in a tin doesn't count
Business

Hundreds of jobs at risk as Ted Baker calls in administrators

Hundreds of high street jobs are at risk after Ted Baker’s British operations veered to the brink of administration. Sky News has learnt that...

by admin March 19, 2024
Hundreds of jobs at risk as Ted Baker calls in administrators
Business

Lenders pledge banking hub upgrade amid political row over cash access

Britain’s biggest high street lenders have pledged to upgrade dozens of shared banking hubs and commit to more than 100 new locations amid a...

by admin March 19, 2024
Lenders pledge banking hub upgrade amid political row over cash access
Business

Marmite maker Unilever to cut 7,500 jobs

Unilever, the consumer goods firm behind brands including Marmite and Domestos, has revealed plans to cut 7,500 jobs across its global operations. The UK-based...

by admin March 19, 2024
Marmite maker Unilever to cut 7,500 jobs
Business

National Grid: Nearly £60bn energy grid upgrade needed to hit green target

Nearly £60bn is needed to build the British energy grid of the future in order to meet climate change mitigation milestones in just over...

by admin March 19, 2024
National Grid: Nearly £60bn energy grid upgrade needed to hit green target
Business

Car industry insists 2,000% increase in sales to Azerbaijan has nothing to do with Russia

Britain’s car industry has insisted that an unprecedented 2,000% increase in vehicle exports to Azerbaijan has nothing to with Russia and is explained by...

by admin March 18, 2024
Car industry insists 2,000% increase in sales to Azerbaijan has nothing to do with Russia
Business

Weak heat pump uptake harming efforts to cut emissions, government warned

Every household must be engaged by the government in the shift to clean heating as uptake of heat pumps to replace boilers is running...

by admin March 18, 2024
Weak heat pump uptake harming efforts to cut emissions, government warned
Business

The seaside town where there are not enough homes to go around – and the rental market is broken

It’s early on a Monday morning and the sliding doors to the office of Hastings Council haven’t stopped moving backwards and forwards. This is...

by admin March 18, 2024
The seaside town where there are not enough homes to go around - and the rental market is broken
Business

Naked Wines uncorks debt adviser after share price slump

Naked Wines, the London-listed online wine retailer, has drafted in debt advisers to explore refinancing options amid tough trading conditions. Sky News understands that...

by admin March 17, 2024
Naked Wines uncorks debt adviser after share price slump
Business

M&S in talks to create banking and loyalty ‘superapp’

Marks & Spencer (M&S) is nearing a deal with one of Britain’s biggest high street lenders to overhaul its banking arm as a financial...

by admin March 16, 2024
M&S in talks to create banking and loyalty 'superapp'
Business

Sainsbury’s suffering ‘technical issues’ and is unable to fulfil ‘vast majority’ of online deliveries

Sainsbury’s has said it is suffering “technical issues affecting some stores” and impacting its ability to fulfil the “vast majority” of online deliveries today....

by admin March 16, 2024
Sainsbury's suffering 'technical issues' and is unable to fulfil 'vast majority' of online deliveries
Business

Thames Water lenders hire EY as debt deadline looms

A group of lenders to Thames Water’s parent company have engaged advisers weeks before a £190m debt held by Britain’s biggest water utility falls...

by admin March 15, 2024
Thames Water lenders hire EY as debt deadline looms
Business

McDonald’s apologises after IT outage shuts restaurants worldwide but rules out cybersecurity attack

McDonald’s customers say they were turned away from restaurants around the world, including in the UK, after the fast food chain was hit by...

by admin March 15, 2024
McDonald's apologises after IT outage shuts restaurants worldwide but rules out cybersecurity attack
Business

Why Bitcoin has suffered a sharp pullback from record highs – and what might happen next

Bitcoin has suffered a sharp pullback from record highs. The world’s biggest cryptocurrency fell to $66,885 in the early hours of Friday – down...

by admin March 15, 2024
Why Bitcoin has suffered a sharp pullback from record highs - and what might happen next
Business

Boiler manufacturers face competition inquiry over price hikes

The four largest gas boiler manufacturers face a competition inquiry after imposing price hikes of around £100 on customers to offset potential fines for...

by admin March 14, 2024
Boiler manufacturers face competition inquiry over price hikes
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Recent Articles
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World News
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  • Bodies of two more Israeli hostages handed over by Hamas - but uncertainty over missing remainsBodies of two more Israeli hostages handed over by Hamas – but uncertainty over missing remains
  • Inter-Arab security force should be set up 'within weeks' to stop Hamas retaking Gaza, ex-Israeli PM saysInter-Arab security force should be set up ‘within weeks’ to stop Hamas retaking Gaza, ex-Israeli PM says
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