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Business

Record number of in-store transactions made using contactless

A record 93.4% of in-store card transactions up to £100 were made using contactless in 2023, according to data from Barclays. The figures are...

by admin February 27, 2024
Record number of in-store transactions made using contactless
Business

Post Office scandal victims secure improved interim compensation

The government has announced it will significantly increase the interim payment given to Post Office workers who have their convictions overturned, from £163,000 to...

by admin February 26, 2024
Post Office scandal victims secure improved interim compensation
Business

Voters braced for deluge of Facebook and Instagram messages as political ad spend increases

Spending on Facebook and Instagram advertising by the two main political parties is more than 10 times higher this year compared to the start...

by admin February 26, 2024
Voters braced for deluge of Facebook and Instagram messages as political ad spend increases
Business

Investigation launched into eight homebuilders after ‘persistent under delivery’ of new houses

The UK has seen a “persistent under delivery” of new homes, according to the competition watchdog, which has launched an investigation into eight major...

by admin February 26, 2024
Investigation launched into eight homebuilders after 'persistent under delivery' of new houses
Business

North and Midlands to share £4.7bn local transport fund after HS2 rail leg scrapped

The prime minister has revealed how some of the money from abandoning the HS2 northern leg will be reallocated. Northern England will get £2.5bn...

by admin February 26, 2024
North and Midlands to share £4.7bn local transport fund after HS2 rail leg scrapped
Business

Former Prince Andrew aide eyes role in takeover bid for Currys

A former private secretary to Prince Andrew is playing a key role in the deliberations of a Chinese online retail giant over a possible...

by admin February 25, 2024
Former Prince Andrew aide eyes role in takeover bid for Currys
Business

Next weighs move for stricken cosmetics chain The Body Shop

Next has approached administrators to The Body Shop about a potential deal to purchase parts of the stricken cosmetics chain. Sky News has learnt...

by admin February 24, 2024
Next weighs move for stricken cosmetics chain The Body Shop
Business

Worst airlines for customer satisfaction revealed

The worst airlines for customer satisfaction have been revealed The UK’s flag carrier airline, British Airways, ranked among the worst airlines in the survey....

by admin February 24, 2024
Worst airlines for customer satisfaction revealed
Business

Energy price cap to fall but bills to include ‘temporary’ charge to help tackle record debt

The energy price cap is to fall by £20 a month, the industry regulator has announced, but households are to face an additional “temporary”...

by admin February 23, 2024
Energy price cap to fall but bills to include 'temporary' charge to help tackle record debt
Business

Former Post Office CEO Paula Vennells formally stripped of CBE

Paula Vennells, the former chief executive of the Post Office, has had her CBE formally stripped from her by the King for “bringing the...

by admin February 23, 2024
Former Post Office CEO Paula Vennells formally stripped of CBE
Business

Why the energy price cap has come down for April – to what could be a new normal after Russia’s Ukraine invasion

The reduction in the Ofgem price cap that will apply from April may be the final step on the long, ruinously expensive road to...

by admin February 23, 2024
Why the energy price cap has come down for April - to what could be a new normal after Russia's Ukraine invasion
Business

Ian King Business Podcast: Energy prices fall, consumer confidence, and mergers and acquisitions

As household energy bills are set to fall in April, Ian King talks to Sky’s business correspondent Paul Kelso. He also speaks to Bill...

by admin February 23, 2024
Ian King Business Podcast: Energy prices fall, consumer confidence, and mergers and acquisitions
Business

Post Office would stand by prosecution of more than 350 sub-postmasters, boss told minister in letter

The boss of the Post Office wrote a letter to ministers saying he would stand by the prosecution of more than 350 of the...

by admin February 22, 2024
Post Office would stand by prosecution of more than 350 sub-postmasters, boss told minister in letter
Business

Anyone for Pimm’s? Diageo seeks buyer for British summer staple

Diageo, the FTSE-100 alcoholic beverages giant, is exploring the sale of a trio of non-core brands including Pimm’s, the quintessentially English drink. Sky News...

by admin February 22, 2024
Anyone for Pimm's? Diageo seeks buyer for British summer staple
Business

Exonerating guilty people ‘price worth paying’ to resolve Post Office scandal, government says

Overturning the convictions of guilty sub-postmasters to exonerate all those unfairly prosecuted due to the Horizon scandal is a “price worth paying”, according to...

by admin February 22, 2024
Exonerating guilty people 'price worth paying' to resolve Post Office scandal, government says
Business

Lloyds banks record profits but sets aside £450m to cover car finance probe

Lloyds Banking Group has revealed record annual profits but also a provision of £450m to cover potential costs from a regulatory probe into car...

by admin February 22, 2024
Lloyds banks record profits but sets aside £450m to cover car finance probe
Business

Electric van production to secure future of Vauxhall’s Luton plant

Vauxhall’s parent company has secured the future for its Luton plant but demanded more government aid to help drive the transition to electric vehicles....

by admin February 22, 2024
Electric van production to secure future of Vauxhall's Luton plant
Business

British firms’ exports are almost certainly bolstering Russia’s war machine in Ukraine, Sky data analysis finds

British companies are exporting hundreds of millions of pounds of equipment and machinery which almost certainly ends up in Russia, undermining the official sanctions...

by admin February 21, 2024
British firms' exports are almost certainly bolstering Russia's war machine in Ukraine, Sky data analysis finds
Business

BT Tower sold to MCR Hotels in £275m deal

The iconic BT Tower in London is set to become a hotel, if its new owner gets its way. BT Group revealed on Wednesday...

by admin February 21, 2024
BT Tower sold to MCR Hotels in £275m deal
Business

Brentford FC owner Benham eyes £400m valuation as sale kicks off

The owner of Brentford, the Premier League football club, has engaged advisers to canvas offers of investment that could value one of the sport’s...

by admin February 21, 2024
Brentford FC owner Benham eyes £400m valuation as sale kicks off
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