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Ministers kick off hunt for next Channel 4 chair amid privatisation battle
The government is about to kick off a search for the next chairman of Channel 4 amid tensions over the state-owned broadcaster’s future.Sky News has learnt that Ofcom, the media regulator, is to begin advertising for a successor to Charles Gurassa, who has held the role since 2016, in the coming weeks. The process, which …
Business
Sky News
Bank of England warns inflation will rise to double target rate as upgrades future growth
The Bank of England has warned inflation will increase further this year to double the target rate, but insisted rising prices will only be temporary as it kept interest rates on hold.The monetary policy committee (MPC) also kept in place measures to bolster the economy, despite some calls for them to be cut to cool cost …
Business
Sky News
Bank of England warns inflation may rise to 10-year high in coming months
The Bank of England has warned inflation will increase further this year to double its target rate, but insisted rising prices will only be temporary as it kept interest rates on hold.The monetary policy committee (MPC) also kept in place measures to bolster the economy, despite some calls for them to be cut to cool cost …
Business
Business Live
SPONSORED: Enter the 2021 PlymouthLive Business Awards now to have your achievements recognised
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Sky News
Serco profits soar by a third amid increased demand for Test and Trace services
Outsourcing giant Serco has seen its profits soar – bolstered by its controversial involvement in COVID-19 Test and Trace contracts and company takeovers.The London-listed firm said its operating profit increased by 31% to £116m for the six months to June. It comes after the company upgraded its profit guidance in June as it saw more …
Business
Sky News
Number of NHS ‘pingdemic’ COVID app alerts drop by 43% in a week
The number of alerts sent to users of the NHS COVID-19 app in England and Wales fell by more than 40% in a week.A total of 395,971 alerts were sent to users in the week to July 28 telling them they had been in close contact with someone who had tested positive for coronavirus, government …
Business
Business Live
Sisters’ fashion firm YANA Active realises dream ambition with Fenwick pop-up shop
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Business Live
Tech companies merge to offer ‘enhanced cloud telecom services’
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Business Live
Newcastle renewables company Engenera to expand into Scotland
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Business Live
£150m global pest control specialist bought out by investment house as it looks to futher US growth
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Sky News
Drugs firms Pfizer and Flynn broke law with 2,600% price increase for epilepsy tablets to NHS, watchdog finds
Two drugs firms have been accused by the UK’s competition watchdog of illegal pricing and abusing their dominant position to overcharge the NHS for vital anti-epilepsy tablets.The Competition and Markets Authority (CMA) said it had provisionally found that coronavirus vaccine-maker Pfizer and Flynn broke competition law by charging unfairly high prices for phenytoin sodium capsules …
Business
Sky News
Sports Direct founder Mike Ashley to step down as boss of retail empire next year
Sports Direct founder Mike Ashley is to step down as head of his retail empire and hand the baton to his prospective son-in-law, it has been announced.The company confirmed the tycoon would leave his role as chief executive of Frasers Group next year, as the business revealed its latest full-year trading figures, which showed a …

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