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Top oil firm boss calls for ‘holistic’ energy policy to ‘avoid a global economic crisis’
The head of the world’s largest oil firm has rejected suggestions that oil will be fully phased out and said that it would be a mistake to “demonise” the hydrocarbon industry.In an exclusive interview with Sky News, Amin Nasser, the CEO of Saudi Aramco, insisted oil has a future, despite a global shift towards cleaner, …
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Sky News
Tesco website and app disrupted following ‘attempt to interfere with our systems’
Users of the Tesco website and app are experiencing disruption following an “attempt to interfere” with the system, the retail giant has said.The website and app have been hit with outages since yesterday morning, meaning customers cannot place or track orders. Website users are given an error message when they try to access groceries or …
Business
Sky News
Hyve founder tests resolve of rival Ascential with Money20/20 approach
The boss of Hyve Group, one of the London stock market’s largest exhibition organisers, is hatching plans to bid for Money20/20, the international fintech event owned by rival Ascential.Sky News understands that Hyve is in preliminary talks with Ascential about acquiring Money20/20 in a deal that would represent a renewed bet on the global exhibitions …
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Facebook under fresh pressure as whistleblower prepares to give evidence to MPs
A Facebook whistleblower whose claims have rocked the social media giant has launched a fresh attack on Mark Zuckerberg, accusing him of not being willing to protect public safety.The latest broadside by former employee Frances Haugen comes as she prepares to give evidence to MPs at Westminster. Her intervention ramps up the pressure on the …
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Chancellor Rishi Sunak rules out return of furlough and winter lockdown restrictions
The Chancellor has ruled out a return of the furlough scheme – and said the coronavirus vaccine rollout was the best protection against imposing new lockdown restrictions. Speaking on the Sunday morning media round ahead of announcing his Autumn Budget on Wednesday, Mr Sunak said a return of the Coronavirus Job Retention Scheme was “not …
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Business Live
Autumn Budget 2021: Chancellor unveils £20bn spending pledges into transport, health R&D and ‘skills revolution’
The Treasury announced around £20bn worth of spending commitments over the weekend – days before Chancellor Rishi Sunak delivers his Autumn Budget to the House of Commons. Among the major spending plans is a £7bn commitment to “level-up” transport in the regions – with significant funds to be given to areas such as Greater Manchester, …
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Sky News
Sunak fails to commit to eastern HS2 leg days before autumn Budget
Rishi Sunak has refused to be drawn on the future of the eastern leg of HS2 just three days before announcing his spending plans in the autumn Budget later this week.Deflecting a question on the matter on Sky’s Trevor Phillips on Sunday, the chancellor also failed to confirm whether a new Northern Powerhouse Rail link …
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Sky News
Latest Brexit protocol talks ‘constructive’, says UK – as EU negotiators head for London
UK officials have described the latest talks with the EU over the controversial Northern Ireland Protocol as “constructive”, as a Brussels delegation prepares to travel to London on Tuesday.Measures recently proposed by the EU would cut checks on retail agri-food products arriving in Northern Ireland from Great Britain by 80%. A 50% reduction in customs …
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Business Live
Chef ‘overwhelmed by love and support’ since opening Jamaican restaurant in North Wales
A chef says she has been ‘overwhelmed by love and support’ after opening a Jamaican restaurant in North Wales – with people travelling from as far as Manchester to eat. Charlotte Stanley, 25, was working as head chef at the 1891 Restaurant in Rhyl when the pandemic hit. She was ‘getting bored’ over lockdown and …
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Business Live
Why MediaCity’s best moment is still to come – as bosses mark 10th anniversary of first broadcast
The boss of MediaCity has said he is confident of more announcements like the recent news that will see even more BBC employees make the move to Salford – and that he believes its best moment is still to come. Stephen Wild, managing director of the 200-acre, mixed-use property development, spoke to BusinessLive after the …
Business
Sky News
‘They’re leaving in droves’: UK faces bus driver shortage as HGV industry offers better pay
A shortage of bus drivers in the UK is being caused by better pay being offered to drive HGVs, according to a union.It’s thought there are more than 4,000 vacancies for bus and coach drivers across the UK. Some companies have been forced to cancel services because not enough drivers are available. Image: Bus drivers …
Business
Sky News
Chancellor unveils multi-billion pound spending pledges ahead of budget
The chancellor has announced a series of spending pledges ahead of the autumn budget this week, which include £5bn for health research and innovation and £3bn for education.Rishi Sunak has promised to do “whatever it takes” to support families with the cost of living, as he pre-empts Wednesday’s address in the House of Commons. Among …

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