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Sky News
TalkTalk owners set for bondholder summit over £200m capital injection
TalkTalk, the telecoms group founded by Sir Charles Dunstone, will meet bondholders next week to discuss proposals for a £200m-plus capital injection from its owners.Sky News understands that the company and a group of key lenders and their advisers, will hold talks on Tuesday about plans for Sir Charles and other shareholders to inject the …
Business
Sky News
Airline passengers facing ‘nine-hour waits’ and ‘lost baggage’ a day after global IT outage
Disruption caused by the global IT outage has continued this weekend as airline passengers reported long delays and lost baggage, while pharmacies tried to deal with a backlog in medicine deliveries.The outage spread globally on Friday morning after an update from global cybersecurity firm CrowdStrike knocked many Microsoft Windows PCs offline with a “blue screen …
Business
Sky News
NHS warns of GP disruption next week after IT outage – as travellers report long delays and lost baggage
The NHS has warned of “continued disruption” to GP services into next week following the global IT outage – as airline passengers reported lengthy delays and lost baggage this weekend.The outage spread globally on Friday morning after an update from global cybersecurity firm CrowdStrike knocked many Microsoft Windows PCs offline with a “blue screen of …
Business
Euro News
Champagne makers vote for smaller harvests as sales lose their fizz
Business
Sky News
Homebase owner to launch sale amid interest from The Range
The owner of Homebase is in talks about selling the DIY retailer to one of Britain’s biggest general merchandise chains, as it prepares to launch a wider auction of the business it rescued six years ago.Sky News has learnt that Hilco Capital, which took control of an ailing Homebase in 2018, has had an approach …
Business
Evening Standard
Public sector pay rises could cost up to £10 billion, economist warns
The Government could need up to £10 billion to cover public sector pay increases if reports of a 5.5% rise prove true, an economist has warned.Independent pay review bodies are reported to be preparing to recommend such an increase for teachers and around 1.3 million NHS staff, according to The Times, well above the figure …
Business
Sky News
Who will pay for the worst IT outage the world has seen?
After the chaos of Friday’s global IT outage – without doubt the worst the world has seen – questions are starting to be asked about who, if anyone, will pick up the bill.Somewhat surprisingly, particularly given its share price has doubled during the year and was trading on a stratospheric rating, shares of CrowdStrike, the …
Business
Sky News
Global IT outage could take ‘weeks’ to clear
Flight delays and cancellations are expected this weekend following the global IT outage – as experts warned it could take weeks for systems to fully recover.For the latest on this story, click here. The outage spread globally on Friday morning after an update from global cybersecurity firm CrowdStrike knocked many Microsoft Windows PCs offline with …
Business
Evening Standard
Strikes to go ahead after workers reject revised pay offer from Cosla
The largest union in local government has said strike action will go ahead after rejecting a revised pay offer that “puts absolutely no more money on the table”.Unison accused Cosla, which represents all Scottish local authorities, of making an offer that does not truly benefit its council workers, which includes waste, recycling and street cleaning …
Business
Evening Standard
London stocks drop as markets shaken by global IT outage
London’s markets finished lower on Friday as a major global IT shortage knocked equity markets.Main markets in the UK, continental Europe and the US were all knocked by the Microsoft outage, linked to a cybersecurity update, which resulted in delays to flights, payment issues and disruption to GPs.Sentiment in London was also impacted by a …
Business
Business Live
How can we exploit the Welsh diaspora to boost our economy
For those of us who were born and brought up in Wales and then left to pursue our studies or start a new job, the sense of ‘hiraeth’ is something we have all experienced at one time or another. However, that yearning for our homeland can also be a powerful way to get the Welsh …
Business
Sky News
Who are the company behind the world’s worst IT outage?
CrowdStrike, the company at the heart of the IT outage being described as the worst the world has seen, has been a darling of Wall Street over the last year.So far in 2024, its share price has risen by 96%, making it one of the best-performing stocks on both the tech-heavy Nasdaq and the broader …

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