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Tesco eyes delivery of Crown Post Office branches
Tesco has expressed interest in acquiring more than 100 Crown Post Offices whose future has been placed under review as the state-owned company explores shifting them to a franchise model.Sky News has learnt that Nigel Railton, the Post Office chairman, told a group of MPs this week that Britain’s biggest retailer had informed it of …
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Business Live
Media giant Future plc on track despite UK advertising woes, boosts US digital revenue
Publisher Future plc has reported that it is trading according to market expectations for the first four months of its financial year, despite challenges in the UK advertising sector. The media group, known for its various specialist titles in tech, gaming and lifestyle, communicated to the markets this morning that its consumer business has continued …
Business
Sky News
‘Godfather’ of AI warns arms race risks amplifying dangers of ‘superhuman’ systems
An arms race for artificial intelligence (AI) supremacy, triggered by recent panic over Chinese chatbot DeepSeek, risks amplifying the existential dangers of superintelligence, according to one of the “godfathers” of AI.Canadian machine learning pioneer Yoshua Bengio, author of the first International AI Safety Report to be presented at an international AI summit in Paris next …
Business
Sky News
‘My boss is taking a cut of our tips because they worked on the shift – is this legal?’
Every week in our Money blog, we answer questions about your financial problems or consumer disputes. This week, a reader asked if their boss was allowed to take a cut of their tips. Elliott asked: “Can my boss take a cut of the tips that are shared between the staff if the boss works the …
Business
Sky News
Employment data shake-up could see Britons obliged to take part in survey
The shake-up of official employment data, used to help set interest rates and other crucial public policy, could see members of the public obliged to complete the survey to help bolster accuracy.The country’s top number cruncher, Sir Ian Diamond, told a committee of MPs that the Office for National Statistics (ONS) was still exploring ways …
Business
Sky News
MPs demand answers about sanctions regime after Sky investigation
The Treasury Select Committee has sent a formal notice to HM Revenue & Customs demanding answers to critical questions about how it has been enforcing trade sanctions on Russia, following a Sky News investigation into the government department.Last month Sky News reported that while HMRC had issued six fines in relation to sanction-breaking since 2022, …
Business
Sky News
Grey belt planning policy ‘rushed’ and ‘not thought through’, report says
The government’s plan to meet housebuilding targets by building on the so-called grey belt is “rushed” and “not properly thought through”, according to a Lords committee report.The grey belt policy is also unlikely to make any significant difference in the number of new homes that can be built, the report from the House of Lords …
Business
Sky News
Billionaire Ratcliffe plots sale of Ineos Hygienics arm
Sir Jim Ratcliffe is hoisting a ‘for sale’ sign over the business he set up during the COVID-19 crisis to distribute hand sanitisers to medical professionals and consumers.Sky News has learnt that the billionaire petrochemicals tycoon has instructed advisers to launch an auction of Ineos Hygienics, which was created during the pandemic, establishing six factories …
Business
Sky News
Why China has not retaliated more in Trump trade spat
China has, as expected, hit back at Donald Trump’s imposition of a 10% tariff on its exports to the United States.Beijing has slapped levies of between 10-15% on a range of energy products that imports from the US. But what has surprised observers – particularly when Mr Trump kicked off the trade war over the …
Business
Business Live
Premier Inn could make way for 14-storey student block
New plans have been revealed to redevelop the site of a Birmingham hotel into student accommodation. Under the proposals, the Premier Inn, in Essington Street, would be demolished to make way for a new 14-storey property containing 546 bedrooms. Other amenities at the site near Broad Street would include study space, a garden and terraced …
Business
Sky News
Millions face bumper council tax rise
Millions of people face council tax hikes over normal thresholds after the government allowed six areas to boost rates above the usual 5%.More than two million people will be hit by increases of between 5 and 10%. Windsor and Maidenhead Council wanted to increase council tax by 25% but the plan was blocked – instead …
Business
Sky News
China hits back after new US tariffs take effect
China has retaliated after the US imposed 10% tariffs on its goods.Not long after the US taxes began at 5am British time, China said it was imposing 10% tariffs on American crude oil, agricultural machinery, large-displacement cars and pickup trucks. There will also be 15% tariffs on coal and liquefied natural gas, as well as …

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