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Sky News
Premier League to debate new EFL settlement as regulator looms
The Premier League is drawing up plans to present its clubs with fresh proposals for a financial settlement with the English Football League (EFL) as soon as next month.Sky News has learnt that a meeting of the top flight’s shareholders on 22 November is expected to include a discussion on a range of new offers …
Business
Sky News
Employers’ national insurance hike expected as Labour ‘ask businesses to help out’
The amount employers pay in national insurance is set to rise in next week’s budget to raise money for public services, Sky News understands.Reports have suggested it could be increased by up to two percentage points and will – in part – be used to help fund the NHS. A government source told Sky News: …
Business
Sky News
Outsourcing giant Mitie kicks off hunt for new chairman
Mitie Group, the London-listed outsourcer, has kicked off a search for a successor to Derek Mapp, its long-serving chairman.Sky News has learnt that the FTSE-250 company is working with the search firm MWM Consulting on a hunt for Mr Mapp’s replacement. Potential candidates have started being sounded out in the last few weeks, according to …
Business
Business Live
UK pubs and breweries face potential £310m financial hit post-Budget, warns BBPA
Pubs and breweries across Britain may be hit with a potential £310m increase in expenses following the Budget, as the British Beer and Pub Association (BBPA) has cautioned Chancellor Rachel Reeves against the impact of heightened business rates and beer duty. With the industry accounting for one million jobs, the BBPA emphasized the severe implications …
Business
Sky News
UK’s biggest water company secures financial future – for next year at least
Thames Water has secured a £3bn injection to avoid running out of cash.There were fears the UK’s biggest water supplier, which serves 16 million customers, could have run out of money by Christmas. But the cash injection secures its financial future for at least the next year, or possibly until the end of May 2026.The …
Business
Sky News
Government spending plans not enough to stop falling public investment
The chancellor will need to spend an extra £20bn by the end of the parliament to maintain public investment at its present levels.Rachel Reeves has promised to unveil a “budget for investment” next week, while reversing the “years of underinvestment” overseen by the previous Conservative government. However, this would involve taking on billions of pounds …
Business
Sky News
Chancellor to change public finance rules to borrow more for investment
Rachel Reeves will rewrite the government’s fiscal rules in next week’s budget to allow her to increase borrowing for public investment by around £50bn.Speaking to Sky News in Washington DC, the chancellor said that the self-imposed rule under which borrowing must be falling by the fifth year of economic forecasts will be redefined from the …
Business
Sky News
Ministers to kick off fresh search for £130,000-a-year football referee
The government will begin a fresh search for a chair of the new football watchdog later this week after curtailing an earlier hunt when the legislation required to establish it was stymied by the general election.Sky News has learnt that the post will be re-advertised on Friday after names such as those of Gordon Brown, …
Business
Business Live
Pensionbee’s strategic US expansion backed by £20m funding as fintech eyes global pension market
Pensionbee, the online retirement savings provider, reported positive adjusted earnings in the last quarter and raised £20m for its US expansion. The London-based fintech firm saw a revenue increase in the third quarter, jumping to £9m from £6m the previous year. The company anticipates breaking even on an adjusted EBITDA basis by 2024. For the …
Business
Evening Standard
Police-recorded shoplifting offences in England and Wales hit new 20-year high
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The number of shoplifting offences recorded by police in England and Wales has risen to a new 20-year high.A total of 469,788 …
Business
Evening Standard
McDonald’s value drops by billions after hamburgers linked to E. coli outbreak
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Billions of dollars have been wiped off the value of McDonald’s after the fast food giant was knocked by an E. coli …
Business
Sky News
High street giant demands Boohoo fires CEO and appoints Mike Ashley
Frasers Group, the owner of Sports Direct, House of Fraser and Flannels, has written to Boohoo ordering it to sack its chief executive and appoint Frasers founder Mike Ashley instead. Boohoo, the online fast fashion retailer, had ignored a private Frasers request to install Mr Ashley, according to an open letter from Frasers Group to …

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