Latest Stories All Stories

Business
Business Live
Revolution Beauty sales to fall by around a quarter in 2025 in blow to turnaround plans
Revolution Beauty anticipates a sales decline of approximately 25% in 2025, posing a challenge to the cosmetics company’s recovery strategy. The London-listed firm reported a softening of sales in its digital channels and some de-stocking by US retailers in December, as reported by City AM. Additionally, the launch of certain retail partnerships has been postponed …
Business
Sky News
Primark sales woes underline the challenges facing retail
Primark’s owners have reported a rare plunge in retail sales during the crucial Christmas quarter, underlining the challenges facing even discount retailers in the tough economy.Associated British Foods (ABF) reported a like-for-like sales decline of 6% for Primark in the UK and Ireland over the 16 weeks to 4 January. It said that while sales …
Business
Sky News
Real Madrid become first club to earn one billion euros in one year
Real Madrid have become the first football club to generate more than a billion euros (£845m) in revenue in a single year, topping a financial services company’s league.Winning both LaLiga and the Champions League last season, Deloitte said the Spanish club had overtaken Manchester City to reclaim top spot in its Football Money League. Real …
Business
Sky News
UK not to be a target of Trump tariffs, chancellor tells Sky News
Chancellor Rachel Reeves has indicated she will overrule environmental objections to a third runway at Heathrow in order to prioritise economic growth, a position likely to bring her into conflict with colleagues including energy secretary Ed Miliband.Speaking as she began a 48-hour pitch to international investors at the World Economic Forum in Davos, Ms Reeves …
Business
Sky News
Chancellor indicates she will overrule environmental objections to a third runway at Heathrow
Chancellor Rachel Reeves has indicated she will overrule environmental objections to a third runway at Heathrow in order to prioritise economic growth, a position likely to bring her into conflict with colleagues including energy secretary Ed Miliband.Speaking as she began a 48-hour pitch to international investors at the World Economic Forum in Davos, Ms Reeves …
Business
Sky News
Tariffs have a long history in the US – two charts tell that story
There’s a chart that’s been doing the rounds in recent weeks – American businessman Marc Andreessen tweeted it, and then it was reposted by Donald Trump himself. The chart is pretty simple: it shows the proportion of American federal government revenues coming from tariffs, going all the way back to the early days of American …
Business
Sky News
Reeves risks economic ‘doom loop’ if spending cuts continue
Rachel Reeves risks entering an economic “doom loop” if she continues to cut spending, a former Bank of England chief economist has warned.Andy Haldane, who was with the Bank for 32 years until 2021, said the Office for Budget Responsibility’s (OBR) forecast in March could lead to less investment and spending. He told Sky News’ …
Business
Business Live
Gambit Corporate Finance toast best ever year with deals worth £500m in 2024
Gambit Corporate Finance orchestrated transactions with a value of more than £500m in 2024 in what was its best ever year. The mid-market corporate finance advisory firm, established in 1992, said that while the UK mergers and acquisitions (M&A) market experienced some turbulence last year, due to continued macroeconomic headwinds and concerns over the likelihood …
Business
Business Live
Victorian Plumbing founder Mark Radcliffe set for huge pay day after bonus boost
The billionaire founder and CEO of Victorian Plumbing, Mark Radcliffe, is set for a significant pay rise after the company’s remuneration committee decided to increase his base salary from £250,000 to £400,000 starting 1 April, 2025. The committee also raised the maximum award from the long-term incentive plan (LTIP) from 150% to 200% of his …
Business
Sky News
Netflix to raise prices for some subscribers as it reports millions of new customers
Netflix is raising prices for some subscribers as it reported 18.9 million new customers in the last three months of 2024. Prices will rise for users in the United States, Canada, Portugal and Argentina. Netflix has not confirmed if the UK will see any similar price increases. In the United States a standard monthly plan …
Business
Sky News
Borrowing hits four-year high for December
The Treasury borrowed more than expected last month to record the highest December sum for four years, official figures have shown, with higher debt interest payments adding to the bill.The Office for National Statistics (ONS) reported a net borrowing figure for December of £17.8bn when a sum just above £14bn had been expected by economists. …
Business
Sky News
Trump tries to negotiate TikTok sale on live TV as he defends Capitol riot pardons
Donald Trump has attempted to negotiate a potential TikTok sale on live television, in what was supposed to be an announcement about investment in artificial intelligence (AI) infrastructure.The US president was holding a news conference about a $500bn (£405bn) investment in AI infrastructure in the country, but was questioned about a range of topics. At …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources