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Politics may stand in the way of economics when it comes to airport expansion
It is no surprise to see a government that claims to be committed to making economic growth a priority giving the green light to expansion of Gatwick Airport and Luton Airport.Nor, for that matter, would it be a surprise for a third runway at Heathrow Airport to be given the go-ahead by Sir Keir Starmer‘s …
Business
Sky News
From business to politics – Trump has everyone in Davos guessing
Donald Trump likes to discomfort his enemies.Not to mention his friends, his partners, business adversaries, celebrity critics, anyone, in fact, who could end up on the other side of a deal. As president of the world’s largest economy, that makes for a long list, many of them in Davos on Tuesday trying to make sense …
Business
Sky News
Employee payments fintech Aslan roars to life with £4m seed funding
A British fintech which pledges to improve workers’ financial wellbeing has secured a $5m (£3.9m) seed funding round led by the prominent venture capitalist Notion Capital.Sky News understands that Aslan, which was founded by James Gozney, will announce the fundraising later this week. Aslan, which provides reward cards offering tax-efficient cashback on everyday spending for …
Business
Sky News
Water boss blames 15 years of ‘flat bills’ for industry woes
The boss of under fire Southern Water has told MPs that 15 years of “flat bills” is responsible for the industry’s struggles with sewage spills and supply outages.Lawrence Gosden said during evidence to the environment, food & rural affairs committee’s inquiry into the water industry that a historic regulatory priority on keeping bills low meant …
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Business Live
Mr Kipling mince pies and Brownie Bites double sales at Premier Foods
Premier Foods, the owner of Mr Kipling, reports robust sales figures in both the UK and Australia, with festive favourites like mince pies and Brownie Bites more than doubling year-on-year sales over the holiday period. Following this performance, the company predicts its full-year profit to hit the higher range of market expectations—between £180.1m and £186.4m—prompting …
Business
Sky News
Big drop in payroll employment after budget but wage growth rises
There has been a surge in the pace of wage growth but a rise in the jobless rate following a big drop in the number of payrolled employees, according to the latest official figures.The Office for National Statistics (ONS) reported that both basic pay excluding bonuses, and average weekly earnings, rose at an annual rate …
Business
Sky News
More than $1trn in the room as world’s richest flocked to Trump inauguration
One of the things that made President Donald Trump’s inauguration distinctive was the prominence of Silicon Valley elite.Easily identifiable were the world’s three richest men – Elon Musk, Jeff Bezos and Mark Zuckerberg. And that’s not to mention some of the billionaires not placed directly in view of the cameras. When the riches of the …
Business
Sky News
Chancellor to join celebs and world leaders in Davos to drum up support for UK
Chancellor Rachel Reeves will travel to the World Economic Forum (WEF) in Davos this week to court potential investors in UK growth projects, joining hundreds of political and economic leaders gathering in the Swiss Alps in the shadow of Donald Trump’s inauguration.Ms Reeves will join political leaders including German chancellor Olaf Scholz, European Commission President …
Business
Sky News
Muslim charities still being debanked despite Farage furore
Muslim charities say they are still having their bank accounts closed without warning or explanation and face difficulties opening an account despite the political backlash after Nigel Farage’s high-profile debanking.It means charities face obstacles in carrying out their work, with some even being blocked from providing humanitarian aid and life-saving operations, according to a report …
Business
Sky News
Online travel group Secret Escapes seeks getaway with new owner
Secret Escapes, the online travel platform, has hired bankers to explore a sale nearly 15 years after its launch.Sky News has learnt that Secret Escapes has appointed the investment bank Arma Partners to oversee an auction of the company. Sources close to a number of potential bidders said on Monday that the process was expected …
Business
Sky News
Melania Trump launches her own cryptocurrency amid all-time high for Bitcoin
Melania and Donald Trump have just launched their own cryptocurrencies, as Bitcoin hit a record high. The incoming first lady announced the “Official Melania Meme” on Sunday in a post on X. X This content is provided by X, which may be using cookies and other technologies. To show you this content, we need your permission …
Business
Sky News
Reeves to meet US financiers as Trump presidency kicks off
Rachel Reeves will hold talks with some of Wall Street’s leading financiers in Davos this week, less than hours after Donald Trump’s second US presidency gets underway.Sky News understands that the chancellor will attend a breakfast hosted by JP Morgan on Wednesday amid speculation about the threat of US tariffs being imposed on the UK …

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