Business Archives - Page 29 of 160

Labour lures BlackRock chief Fink to flagship investment summit

Labour lures BlackRock chief Fink to flagship investment summit

The boss of BlackRock, the world’s largest asset manager, will attend the new government’s flagship investment summit next month amid suggestions it is struggling to attract...

Trio of property giants oppose Cineworld rent cuts plan

Business7 months ago

Trio of property giants oppose Cineworld rent cuts plan

A trio of property giants has lodged a protest against a radical financial restructuring that will see Cineworld imposing steep rent cuts on its landlords. Sky...

Consumer confidence slumps following warnings of 'tough choices' in budget ahead

Business7 months ago

Consumer confidence slumps following warnings of ‘tough choices’ in budget ahead

A long-running measure of consumer confidence has slumped to levels last seen at the start of the year following warnings of “tough choices” ahead in the...

Whitehall on alert as construction group ISG heads for collapse

Business7 months ago

Whitehall on alert as construction group ISG heads for collapse

Thousands of construction industry jobs are at risk as ISG, a construction group which builds prisons and police stations, faces imminent collapse. Sky News has learnt...

National debt at 100% of GDP for first time since 1960s

Business7 months ago

National debt at 100% of GDP for first time since 1960s

The UK’s public sector debt has hit 100% of the value of the country’s annual economic output for the first time since the 1960s, according to...

Horizon scandal: Sir Alan Bates blames 'flimflam artists' for delaying compensation payouts

Business7 months ago

Horizon scandal: Sir Alan Bates blames ‘flimflam artists’ for delaying compensation payouts

Post Office campaigner Sir Alan Bates has blamed government “flimflam artists” for dragging out financial redress for victims. In a newsletter, seen by Sky News, he...

UK interest rates an outlier after decision to hold but Bank of England forecasts inflation rise to 2.5%

Business7 months ago

UK interest rates an outlier after decision to hold but Bank of England forecasts inflation rise to 2.5%

There has been no change to the UK interest rate despite the US and European central banks all moving to cut in the last week. The...

Why Bank of England is in no rush to lower interest rates - even though some think decision to wait is dangerous

Business7 months ago

Why Bank of England is in no rush to lower interest rates – even though some think decision to wait is dangerous

Slowly does it. That’s the overarching message to take away from the Bank of England‘s latest monetary policy decision. Unlike the Federal Reserve, the US central...

Business7 months ago

UK interest rates an outlier after decision to hold

There has been no change to the UK interest rate despite the US and European central banks all moving to cut in the last week. The...

Thames Water lines up court dates to push through huge debt restructuring

Business7 months ago

Thames Water lines up court dates to push through huge debt restructuring

Britain’s biggest water utility is lining up court dates to push through a massive debt restructuring that could keep it out of government hands. Sky News...

Train drivers accept pay deal, ending two-year dispute at 16 companies, ASLEF says

Business7 months ago

Train drivers accept pay deal, ending two-year dispute at 16 companies, ASLEF says

Train drivers have voted overwhelmingly to accept a multi-year pay deal, ending a two-year dispute at 16 rail companies, their union ASLEF has announced. Members voted...

Embattled Post Office chief executive Nick Read resigns

Business7 months ago

Embattled Post Office chief executive Nick Read resigns

Nick Read is to end his torrid tenure as chief executive of the Post Office as he prepares to give evidence to the inquiry into the...

No change in CPI inflation ahead of interest rate decision - but another measure ticks unexpectedly up

Business7 months ago

No change in CPI inflation ahead of interest rate decision – but another measure ticks unexpectedly up

There’s been no change in the rate of price rises, official inflation figures showed. The rate of inflation stood at 2.2% in August, the Office for...

What next for interest rates - as central banks try to avoid unnecessary pain

Business7 months ago

What next for interest rates – as central banks try to avoid unnecessary pain

Inflation held steady at 2.2% in August, in line with expectations and confirming that, while prices and interest rates rose like a rocket, they will return...

London-listed medical group AMS draws private equity interest

Business7 months ago

London-listed medical group AMS draws private equity interest

A medical technology company which produces tissue-healing surgical products has become the latest London-listed business to draw interest from buyout firms. Sky News has learnt that...

Ministers step up bid to end 'exploitative' zero-hours contracts

Business7 months ago

Ministers step up bid to end ‘exploitative’ zero-hours contracts

Angela Rayner, the deputy prime minister, will hold talks with union bosses and business leaders on Wednesday as the government pursues its ambition of ending “exploitative”...

Guardian Media Group in talks to sell The Observer to Tortoise Media

Business7 months ago

Guardian Media Group in talks to sell The Observer to Tortoise Media

Guardian Media Group (GMG) is in talks to sell The Observer, the world’s oldest Sunday newspaper, to Tortoise Media, a start-up founded five years ago by...

Energy provider OVO to pay nearly £2.4m penalty for customer complaint failures

Business7 months ago

Energy provider OVO to pay nearly £2.4m penalty for customer complaint failures

Nearly 1,400 OVO customers are to receive compensation after the energy firm was hit with a £2.37m penalty for complaint handling failures. Energy regulator Ofgem said...

UK's 'most famous shopping street' could be pedestrianised under London mayor's traffic ban plans

Business7 months ago

UK’s ‘most famous shopping street’ could be pedestrianised under London mayor’s traffic ban plans

Traffic could soon be banned from part of London’s most popular shopping area, under new plans by the capital’s mayor. A scheme announced by Sadiq Khan...

Ex-Treasury official Roxburgh leads race to chair Lloyd's of London

Business7 months ago

Ex-Treasury official Roxburgh leads race to chair Lloyd’s of London

A former Treasury official is leading the race to become the next chairman of Lloyd’s of London, one of the City’s most prestigious posts. Sky News...

News IO

Labour lures BlackRock chief Fink to flagship investment summit

Trio of property giants oppose Cineworld rent cuts plan

Consumer confidence slumps following warnings of ‘tough choices’ in budget ahead

Whitehall on alert as construction group ISG heads for collapse

National debt at 100% of GDP for first time since 1960s

Horizon scandal: Sir Alan Bates blames ‘flimflam artists’ for delaying compensation payouts

UK interest rates an outlier after decision to hold but Bank of England forecasts inflation rise to 2.5%

Why Bank of England is in no rush to lower interest rates – even though some think decision to wait is dangerous

UK interest rates an outlier after decision to hold

Thames Water lines up court dates to push through huge debt restructuring

Train drivers accept pay deal, ending two-year dispute at 16 companies, ASLEF says

Embattled Post Office chief executive Nick Read resigns

No change in CPI inflation ahead of interest rate decision – but another measure ticks unexpectedly up

What next for interest rates – as central banks try to avoid unnecessary pain

London-listed medical group AMS draws private equity interest

Ministers step up bid to end ‘exploitative’ zero-hours contracts

Guardian Media Group in talks to sell The Observer to Tortoise Media

Energy provider OVO to pay nearly £2.4m penalty for customer complaint failures

UK’s ‘most famous shopping street’ could be pedestrianised under London mayor’s traffic ban plans

Ex-Treasury official Roxburgh leads race to chair Lloyd’s of London

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