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Business News at Sky News

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12

Online retailer Lovecrafts drafts in Interpath to oversee sale

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An online crafts retailer which saw sales boom during COVID-19 lockdowns is exploring a cut-price sale.

Tuesday, Jul 2

18

How to split housework fairly - and the things you shouldn't say

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Splitting up household jobs, whether that be cleaning, washing or life admin, is an issue that affects a lot of couples.

17

Addison Lee owner puts London Uber rival up for sale

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The owners of Addison Lee, the London-based minicab firm, have begun exploring a sale of the company they took control of four years ago.

Russia's ambassador to the UK says 'none' of West's sanction goals have worked

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Sanctions imposed against Russia over its invasion of Ukraine have failed to achieve any of their aims, the country's ambassador has told Sky News.

15

Drivers warned 'fill up sooner rather than later' as petrol prices 'rising'

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Drivers are being warned fuel prices are on the rise again amid rising oil costs and suggestions motorists are still getting a raw deal.

14

'We started a business in male-dominated industry while having babies - and raised £5m despite not getting invited to golf'

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Just 18% of companies in the UK are led by women, and while data suggests female entrepreneurs are on the rise, men still receive more funding and are entrusted with higher average loans to get them started.

13

Tories plot letter from business chiefs in last-ditch bid to turn election tide

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The Conservative Party will on Wednesday unveil a letter signed by scores of small business-owners in a last-ditch bid to convince undecided voters that they can be trusted as the stewards of Britain's economy.

10

New free streaming service launched in the UK

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A free streaming service to rival the likes of Netflix, Amazon Prime and Disney+ is being launched in the UK by Rupert Murdoch's Fox Corporation.

Monday, Jul 1

22

Private school head warns of hit to kids under Labour tax grab

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Hulme Grammar School in Oldham doesn't feel like a bastion of privilege, but the children whose parents pay around £15,000 a year for them to attend are nevertheless among an elite minority.

21

Inside Out 2 becomes first movie of 2024 to top $1bn at global box office

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Inside Out has become the first film of the year to take over $1bn worldwide, becoming the highest grossing film of the year.

18

Preqin's founder nets £2bn payday as BlackRock comes calling

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A British data and analytics business founded 21 years ago was today snapped up for £2.55bn – four-fifths of which will go to its founder.

17

Former EY chief Varley to chair private equity-backed law firm DWF

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Steve Varley, the former head of EY in the UK and Ireland, will this week be named as the chairman of the first law firm to list on London’s stock market.

Russia, Glasgow and the uncomfortable truth behind why the cost of living crisis came to an end

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This is the story of how an obscure company based in an office block on a quiet street in Glasgow became an accessory in Vladimir Putin's war on Ukraine. It is the story of how Europe and Russia remain locked in a tense relationship of…

16

Troubled Boeing takes control of manufacturer after mid-air blowout

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Spirit AeroSystems was a company little-known outside the aviation industry until January this year.

13

Strikes called off at Welsh steelworks after owner changed closure date

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A planned strike at the Port Talbot steelworks has been suspended after the Unite union said new investment was proposed.

11

'Deafening silence' on net zero during election campaign criticised by business

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The "deafening silence" on climate change during the election campaign has been criticised by major business group the CBI.

House prices still unaffordable says UK's largest building society

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Average house prices are still unaffordable for the typical earner, the UK's largest building society has said.

05

A 'conspiracy of silence' - five things the main parties aren't talking about this election

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The Institute for Fiscal Studies (IFS) says there's a conspiracy of silence this election - that all of the major political parties aren't being honest enough about their fiscal plans this election.

04

Secret 'bunker' and 17,000 interviews: The science and security of the exit poll

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It is the first big moment of election night. The exit poll is the moment millions tune in for a first sniff of the eventual result of the general election.

02

Energy price cap falls today but '£600 lift to annual bill ahead'

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As the latest reduction in the energy price cap takes effect, households are being warned of a big lift in bills ahead due to higher wholesale gas prices.

Sunday, Jun 30

14

Boots chief James to run ophthalmology chain Veonet

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The outgoing boss of Boots is leaving to run Veonet, one of Europe’s largest chains of ophthalmology clinics.

Saturday, Jun 29

Boots chief James quits after owner's £5bn sale plan stalls

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The chief executive of Boots, Britain's biggest high street pharmacy chain, is quitting after its owner's plans for a £5bn sale or stock market listing stalled.

12

Energy supplier OVO to explore options including sale

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Britain's fourth-biggest household energy supplier is lining up bankers to explore options including bringing in a new investor or a sale, 15 years after it launched in a bid to challenge the industry's oligopoly.

Friday, Jun 28

15

27 Just Stop Oil supporters arrested over 'plan to disrupt airports this summer'

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A total of 27 Just Stop Oil supporters have been arrested on suspicion of planning to disrupt airports this summer, the Metropolitan Police has said.

14

Cineworld leans towards CVA after screening bidders

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The owners of Cineworld are leaning towards putting its British operations through a formal restructuring process after holding initial talks about a sale with prospective buyers.

13

Ex-Fujitsu engineer denies 'protecting the monster' at Post Office Inquiry

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An expert on the Post Office Horizon IT systems has denied suggestions he was "protecting the monster" in evidence he gave to the trial of a sub-postmaster who was wrongly convicted while pregnant.

Four major banks hit by glitches

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Nationwide, HSBC, Barclays and Virgin Money customers have been affected by problems with banking services, leaving some unable to send and receive money.

Government sale of NatWest stake to hit fresh milestone

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The government's sale of its stake in NatWest Group will reach a new milestone in the coming days when it falls below the threshold at which the Treasury is treated as a related party under stock exchange rules.

08

Exit from recession was stronger than first thought

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The UK's exit from recession during the first three months of the year was stronger than initial figures suggested, according to official data.

Thursday, Jun 27

20

Port Talbot steelworks set to be shutdown early due to strikes

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Multinational conglomerate Tata is set to shut the Port Talbot steelworks earlier than first announced over strike plans.