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Business

Business

10-year UK gilts are close to a 15-year high

The cost of UK state borrowing is close to a 15-year high – levels seen only twice since the global financial crash. The amount...

by admin October 19, 2023
10-year UK gilts are close to a 15-year high
Business

‘Concern’ for retailers ahead of Christmas as sales and shopper confidence fall

A closely-watched barometer of consumer confidence is warning of “concern” for retailers ahead of Christmas, as official figures for September show a steep fall...

by admin October 19, 2023
'Concern' for retailers ahead of Christmas as sales and shopper confidence fall
Business

‘We can certainly afford two wars’, US Treasury secretary says

Janet Yellen has told Sky News the United States can “certainly” afford wars on two fronts, as the conflict between Israel and Hamas threatens...

by admin October 16, 2023
'We can certainly afford two wars', US Treasury secretary says
Business

Sir Jim Ratcliffe to buy 25% of Manchester United for £1.3bn

British billionaire Sir Jim Ratcliffe will buy a 25% stake of Manchester United football club. Sir Jim and his company INEOS are expected to...

by admin October 16, 2023
Sir Jim Ratcliffe to buy 25% of Manchester United for £1.3bn
Business

Metro Bank seeks bids within weeks for £3bn mortgage book

Metro Bank has set a quickfire timetable for rivals to snap up a substantial chunk of its mortgage book. Sky News understands that Metro...

by admin October 15, 2023
Metro Bank seeks bids within weeks for £3bn mortgage book
Business

Manchester United: Qatari businessman Sheikh Jassim ‘withdrawing from process’ to buy club

Qatari businessman Sheikh Jassim bin Hamad al Thani has withdrawn from the process to buy Manchester United, Sky News understands. His offer, which valued...

by admin October 14, 2023
Manchester United: Qatari businessman Sheikh Jassim 'withdrawing from process' to buy club
Business

NatWest braced for showdown over former CEO’s payoff

NatWest Group is preparing to cancel millions of pounds in bonuses and share awards earmarked for its former chief executive following a probe into...

by admin October 14, 2023
NatWest braced for showdown over former CEO's payoff
Business

UK wholesale gas prices rise to highest level since February

UK wholesale gas prices have risen again and are now at their highest level since mid-February. Prices rose to nearly 135 pence a therm...

by admin October 13, 2023
UK wholesale gas prices rise to highest level since February
Business

Chancellor tells Britons he is ‘preparing for the worst’ as debt interest to be £20bn-£30bn higher than spring

The chancellor has warned the British public he is preparing “for the worst” as he draws up his autumn statement. Jeremy Hunt told Sky...

by admin October 13, 2023
Chancellor tells Britons he is 'preparing for the worst' as debt interest to be £20bn-£30bn higher than spring
Business

Hollywood writers agree to end five-month strike after new studio deal

Hollywood film and TV writers are going back to work after nearly 150 days on strike in a dispute over pay, staffing levels and...

by admin September 27, 2023
Business

Untapped Rosebank oil and gas field north of Scotland approved for development amid row over climate damage

The UK’s largest untapped oil and gas field has been given the green light by the regulator, amid warnings about the climate damage of...

by admin September 27, 2023
Business

Inheritance tax: who’s paying it, how much is it generating and is it just the rich who benefit from its abolition?

With political party conference season upon us and the Tories scrambling for ways to appeal to voters and lessen Labour’s lead in the polls,...

by admin September 27, 2023
Business

Jeffrey Epstein: JPMorgan reaches settlements with alleged victims and Jes Staley

America’s largest bank says it has resolved its final lawsuits relating to the Jeffrey Epstein scandal, including a case it brought against former executive...

by admin September 26, 2023
Business

Former Mirror chief Montgomery assembles backing for Telegraph bid

David Montgomery, the former Mirror newspapers chief, is putting the finishing touches to a line-up of City advisers that he hopes will help him...

by admin September 26, 2023
Business

Facebook owner Meta pays £149m to surrender lease on London office

Meta has “surrendered” the lease on one of its London offices as tech firms continue efforts to slash costs. The parent firm of Facebook...

by admin September 26, 2023
Business

Ofwat to return customer money as water firms underperformed

Customers will receive £114m off their water bills next year as the regulator has said water companies fell short of standards. The majority of...

by admin September 26, 2023
Business

Workplace absences ‘at 10-year high’ with stress the major cause of long-term sickness

Workplace absences have hit their highest level in over a decade, according to a report which is urging employers to take health more seriously...

by admin September 26, 2023
Business

Car buyers beware – online scams are soaring with the average victim losing £1,000

Vehicle scams have soared by 74% in the UK in the first half of the year, with victims losing almost £1,000 on average, research...

by admin September 26, 2023
Business

Nissan commits to 2030 electric car deadline despite delay to UK petrol-diesel ban

Nissan has committed itself to the sale of only electric cars across Europe from 2030, the year when the UK was supposed to have...

by admin September 25, 2023
Business

Hollywood writers reach ‘tentative’ deal to end strike over AI and compensation

A “tentative” deal has been reached to end a long-running strike by writers in Hollywood. The Writers Guild of America (WGA) announced the deal...

by admin September 25, 2023
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