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Business

Business

Virgin’s Richard Branson urges businesses to ditch Russia 

Richard Branson has criticised companies still operating in Russia accusing them of sustaining Russia’s illegal invasion of Ukraine.  The Virgin founder told Sky News...

by admin April 4, 2024
Virgin's Richard Branson urges businesses to ditch Russia 
Business

Small business group criticises FCA over ‘super-complaint’ approach

The leading representative body for small businesses in Britain has criticised the City watchdog over its approach to a ‘super-complaint’ about lenders’ demand for...

by admin April 3, 2024
Small business group criticises FCA over 'super-complaint' approach
Business

Elon Musk’s Tesla suffers sales slump in ‘unmitigated disaster’ for billionaire

Tesla has reported a sharp fall in worldwide sales amid increased competition and slowing demand for electric vehicles. The carmaker said it delivered 386,810...

by admin April 3, 2024
Elon Musk's Tesla suffers sales slump in 'unmitigated disaster' for billionaire
Business

‘Irresponsible’ Katie Price Instagram post and ‘misleading’ Nationwide ads with Dominic West banned by ASA

An Instagram post promoting a low-calorie diet by Katie Price has been banned by the advertising regulator, as have Nationwide ads featuring the actor...

by admin April 3, 2024
'Irresponsible' Katie Price Instagram post and 'misleading' Nationwide ads with Dominic West banned by ASA
Business

Oil price rises after Ukraine attacks major Russian refinery

The price of oil has climbed following a Ukrainian drone strike on Russia’s third-largest refinery. The attack on the Taneco facility, in the province...

by admin April 3, 2024
Oil price rises after Ukraine attacks major Russian refinery
Business

Royal Mail ‘investigating’ claims of problems with barcoded stamps ‘after customers fined’

Royal Mail is reportedly investigating a problem with barcoded stamps following claims people have been wrongly fined to collect post because the stamps were...

by admin April 3, 2024
Royal Mail 'investigating' claims of problems with barcoded stamps 'after customers fined'
Business

Taylor Swift now a billionaire – as world’s wealthiest revealed in 2024 Forbes list

Taylor Swift has made it on to a list of the world’s billionaires, according to Forbes, as her Eras Tour spanning 152 shows and...

by admin April 2, 2024
Taylor Swift now a billionaire - as world's wealthiest revealed in 2024 Forbes list
Business

RedBird IMI lines up advisers to decide fate of Daily Telegraph

The Abu Dhabi-backed vehicle which faces being thwarted in its bid to buy The Daily Telegraph is lining up advisers to determine the fate...

by admin April 2, 2024
RedBird IMI lines up advisers to decide fate of Daily Telegraph
Business

Homeowners ‘should start feeling positive’ about selling their property, UK’s largest building society says

Annual UK house prices edged up by 1.6% in March, according to new figures from Nationwide, the UK’s largest building society. Every region of...

by admin April 2, 2024
Homeowners 'should start feeling positive' about selling their property, UK's largest building society says
Business

Shop price inflation ‘almost halves’

The annual rate of shop price inflation almost halved in March, according to new industry figures. Falling food costs and competition between retailers contributed...

by admin April 2, 2024
Shop price inflation 'almost halves'
Business

Shares in Donald Trump’s Truth Social platform plunge after major losses revealed

Shares in Donald Trump’s Truth Social platform have plunged more than 20% – wiping out gains made following its stock market debut last week....

by admin April 2, 2024
Shares in Donald Trump's Truth Social platform plunge after major losses revealed
Business

US giant AutoNation eyes driving seat at Inchcape UK

A New York-listed car dealer is plotting a bid for the UK operations of Inchcape. Sky News has learned that AutoNation, which has a...

by admin April 1, 2024
US giant AutoNation eyes driving seat at Inchcape UK
Business

Formula One-owner Liberty to unveil £3.5bn takeover of MotoGP

The owner of Formula One (F1) motor racing will unveil a £3.5bn takeover of MotoGP’s parent company early this week. Sky News has learnt...

by admin March 31, 2024
Formula One-owner Liberty to unveil £3.5bn takeover of MotoGP
Business

Chocolate prices could soar as changing climate patterns worsen cocoa crisis

This Easter, chocolate lovers will no doubt have noticed they had to pay more for their eggs. Now, the cost of chocolate could soar...

by admin March 30, 2024
Chocolate prices could soar as changing climate patterns worsen cocoa crisis
Business

Adnams open to sale as brewing sector faces funding squeeze

Adnams, one of the most historic names in British brewing, is to explore an outright sale amid a funding squeeze across the industry which...

by admin March 30, 2024
Adnams open to sale as brewing sector faces funding squeeze
Business

CBI extends overdraft in fresh move to shore up finances

The CBI, the business lobbying group, has negotiated an extension of its overdraft in a fresh move to shore up its balance sheet after...

by admin March 29, 2024
CBI extends overdraft in fresh move to shore up finances
Business

Horizon scandal: More than £1m claimed as Post Office ‘profit’ may have come from sub-postmasters

More than £1m of unexplained transactions were transferred in to Post Office profit at the height of the Horizon scandal, leaked documents have shown....

by admin March 28, 2024
Horizon scandal: More than £1m claimed as Post Office 'profit' may have come from sub-postmasters
Business

Thames Water shareholders blame Ofwat as they pull funding

Shareholders in troubled Thames Water have blamed Ofwat for not giving the “regulatory support” needed to help the company’s turnaround plan. The nine shareholders...

by admin March 28, 2024
Thames Water shareholders blame Ofwat as they pull funding
Business

Thames Water boss refuses to rule out bill increases of up to 40% to secure company’s future

The chief executive of Thames Water has refused to rule out bill increases of up to 40% for customers as the troubled company tries...

by admin March 28, 2024
Thames Water boss refuses to rule out bill increases of up to 40% to secure company's future
Business

Farage turns fire on Travers Smith over debanking report

The former UKIP leader Nigel Farage is demanding that a major City law firm discloses information that it holds about him, accusing it of...

by admin March 28, 2024
Farage turns fire on Travers Smith over debanking report
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World News
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