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Business

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
Business

John Lewis boss seeks ‘stability’ from next government to help drive growth

John Lewis’s chief executive has called on whoever wins the general election to deliver a stable environment for economic growth that allows consumers to...

by admin March 14, 2024
John Lewis boss seeks 'stability' from next government to help drive growth
Business

TikTok chief executive appeals directly to users to ‘protect their constitutional rights’ and oppose potential US ban

TikTok’s chief executive has appealed to US users directly to stop a bill that could see the social media app banned in America. Shou...

by admin March 14, 2024
TikTok chief executive appeals directly to users to 'protect their constitutional rights' and oppose potential US ban
Business

Air traffic chaos after engineers were working from home

Air travel chaos that caused delays for more than 700,000 passengers was fuelled by a “lack of planning” and engineers working from home, investigators...

by admin March 14, 2024
Air traffic chaos after engineers were working from home
Business

John Lewis returns to profit but partners miss out on bonus again

John Lewis has returned to profit for the first time in three years but staff face another year with no bonus. The company behind...

by admin March 14, 2024
John Lewis returns to profit but partners miss out on bonus again
Business

Foreign govts face ban on owning British newspapers – effectively blocking Abu Dhabi-led Telegraph takeover

The government is expected to commit to banning foreign governments from owning British newspapers and magazines, effectively blocking an Abu Dhabi-led takeover of the...

by admin March 13, 2024
Foreign govts face ban on owning British newspapers - effectively blocking Abu Dhabi-led Telegraph takeover
Business

Post Office Horizon scandal sub-postmasters to have convictions quashed as new bill set to be introduced

A law aimed at quashing the wrongful convictions of sub-postmasters caught up in the Horizon IT scandal is being introduced by the government later....

by admin March 13, 2024
Post Office Horizon scandal sub-postmasters to have convictions quashed as new bill set to be introduced
Business

Minister warns UK carmakers as Sky report highlights ‘whack a mole’ challenge over Russia sanctions

The minister responsible for the UK’s sanctions against Russia has told UK carmakers to check their supply chains after Sky News analysis suggested luxury...

by admin March 12, 2024
Minister warns UK carmakers as Sky report highlights 'whack a mole' challenge over Russia sanctions
Business

Wages rising less than before and unemployment on the up, but not enough to lower interest rates

Wages are rising less than expected and unemployment surprisingly rose, official figures show – but likely not fast enough for interest rates to come...

by admin March 12, 2024
Wages rising less than before and unemployment on the up, but not enough to lower interest rates
Business

UK should build new gas-fired power capacity to use as backup, government says, despite green targets

The UK needs to build more gas power capacity, the government has said, even while it is also trying to wean the energy system...

by admin March 12, 2024
UK should build new gas-fired power capacity to use as backup, government says, despite green targets
Business

Premier League shelves New Deal vote amid club stalemate

The Premier League has failed to secure agreement for a new financial settlement for English football amid a continued stalemate between its clubs. Sky...

by admin March 11, 2024
Premier League shelves New Deal vote amid club stalemate
Business

Office for National Statistics adds vinyl, gluten-free bread and air fryers to typical shopping basket used in inflation calculation

For the first time in 32 years, the cost of vinyl records is being included in the calculations officials use to work out the...

by admin March 11, 2024
Office for National Statistics adds vinyl, gluten-free bread and air fryers to typical shopping basket used in inflation calculation
Business

More ethnic diversity in UK’s largest businesses but still work to do, analysis suggests

More people from ethnic minority backgrounds are heading the UK’s biggest companies but more needs to be done to improve representation, according to authoritative...

by admin March 11, 2024
More ethnic diversity in UK's largest businesses but still work to do, analysis suggests
Business

Struggling Superdry in talks to tap Hilco for new £10m loan

Superdry, the struggling fashion retailer which is in talks to be taken private by its founder, is negotiating an additional multimillion-pound loan with one...

by admin March 11, 2024
Struggling Superdry in talks to tap Hilco for new £10m loan
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Recent Articles
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World News
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  • Why Putin won't agree to latest Ukraine peace planWhy Putin won’t agree to latest Ukraine peace plan
  • Rafah crossing to open 'in coming days' to let Gazans cross into Egypt, Israel saysRafah crossing to open ‘in coming days’ to let Gazans cross into Egypt, Israel says
  • Why Putin won't agree to latest Ukraine peace planWhy Putin won’t agree to latest Ukraine peace plan
  • Former Pakistan PM Imran Khan healthy but isolated in jail, his sister saysFormer Pakistan PM Imran Khan healthy but isolated in jail, his sister says
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