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31.05.2024 - 07:14
Business
Sky News
Boeing blocked from increasing 737 MAX production amid safety concerns
A ban on crisis-hit Boeing increasing production of its best-selling 737 MAX planes is to continue amid ongoing safety concerns.US regulators first introduced the restrictions in February – and have now announced they will continue for at least the “next few months”. It comes after officials from the Federal Aviation Administration (FAA) held talks with …
31.05.2024 - 06:16
Business
Euro News
Weekly market recap: Stocks retreat amidst risk-averse sentiment
31.05.2024 - 05:26
Business
Sky News
House prices ‘rebound’
The housing market is showing signs of “resilience” with prices rising slightly, according to new figures from the UK’s largest building society.Nationwide said house prices were up 0.4% in May, compared to April. It said the average cost of a home was now £264,249 – with year-on-year prices also increasing by 1.3%.The figures represent a …
30.05.2024 - 20:20
Business
Sky News
‘My mortgage lender is ending my two-year fix and I haven’t been in the house for two years – can they do this?’
Can a lender end your fixed-rate deal early? This was the crux of a question asked by Money blog reader Michelle from Kent…“I bought my first flat in April 2023 with a two-year fixed-rate mortgage. I got the deal with the help of a broker, who has now contacted me saying my deal is due …
30.05.2024 - 19:54
Business
Sky News
Starmer vows to kick off clean energy plans ‘within months’ of a Labour win
Labour leader Sir Keir Starmer will vow on Friday to “get working within months to build clean power across the United Kingdom” if his party wins the general election. At an event in Scotland – and joined by Scottish Labour leader Anas Sarwar – the prime ministerial hopeful will reiterate his plans for Great British …
30.05.2024 - 16:09
Business
Sky News
Launch of Labour’s flagship energy policy raises more questions than it answers
The establishment of Great British Energy is among the last remnants of the ‘green prosperity plan’ devised and championed by Ed Miliband, the shadow secretary of state for energy security and net zero, three years ago.The former Labour leader’s vision was to spend £28bn per year in the first five years of an incoming Labour …
30.05.2024 - 11:21
Business
Sky News
Red Bull buys minority stake in Leeds United – but club vows not to change name or badge
Red Bull has made its first foray into English football by buying a minority stake in Leeds United.The multi-year deal will see the company become the team’s new shirt sponsor, while it will also become the side’s “exclusive energy drink partner”. The firm’s branding will also be prominently displayed at Leeds United’s Elland Road stadium.Red …
30.05.2024 - 10:16
Business
Business Live
New Gloucestershire economic growth board seeks business leaders
Gloucestershire County Council is looking to recruit business leaders to its new growth board, it has announced. The Gloucestershire Economic Growth Board will replace the local enterprise partnership (LEP), which was scrapped in April. Following the transfer of roles and responsibilities of GFirst LEP to the local authority, the council is now starting the process …
30.05.2024 - 10:02
Business
Euro News
Telecoms firm Iliad records strong results driven by French market
30.05.2024 - 09:53
Business
Evening Standard
Coats appoints former GKN Aerospace chief as new CEO of one of London’s most historic listed firms
One of the London Stock Exchanges most historic firms revealed the identity of its next chief executive today. Coats, which makes industrial thread and dates back to the 1750s, has appointed David Paja to take over in the top job from company veteran Rajiv Sharma. Paja will join the board of the FTSE 250 constituent in September, …
30.05.2024 - 09:43
Business
Sky News
Outdoor ad giant Clear Channel closes in on sale of UK arm
A Canadian private equity firm has emerged as a leading contender to buy the British arm of Clear Channel, one of the world’s largest sellers of outdoor advertising space.Sky News has learnt Clairvest, which is based in Toronto, is among the parties which have expressed serious interest in acquiring the British and northern European operations …
30.05.2024 - 09:19
Business
Evening Standard
Election row over Labour and Tory commitments not to raise VAT
A General Election row has broken out over near-identical Conservative and Labour commitments not to raise VAT.Both parties have pledged not to raise income tax, national insurance or VAT over recent days, should either of them form a government after polling day on July 4.Setting out how his party would afford to lower the tax …
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