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Sky News
Deputy of FTX crypto king Sam Bankman-Fried jailed
A former top executive at FTX has been jailed for more than seven years over his role in the collapse of the cryptocurrency exchange.Ryan Salame, 30, is the first deputy at the company to be sentenced following the conviction of its “crypto king” boss Sam Bankman-Fried. FTX suddenly went bankrupt in November 2022 – leaving …
Business
Euro News
Luxury perfumes from Lancôme and Aerin linked to child labour
Business
Sky News
Sunak business advisers stay neutral as election business row rages
Rishi Sunak’s committee of business advisers refused to publicly back the government’s economic policy record on Tuesday amid an escalating row over Labour’s efforts to steal the Conservative Party’s traditional mantle as ‘the party of business’.Sky News contacted all 15 of the companies represented on the prime minister’s business council to see whether their bosses …
Business
Sky News
UK has most expensive diesel in Europe
UK drivers are paying the most for diesel in all of Europe, according to car and breakdown services company the RAC. The average cost for a litre of diesel is 155p, 5p more expensive than the second highest average amount of 150p a litre paid in Ireland and Belgium. Money latest – Thieves targeting electric …
Business
Euro News
Trade unions push Brussels to approve Lufthansa’s €325m ITA buy
Business
Sky News
Business leaders’ letter backing Labour lacks star quality – but shows party is being taken seriously
The round-robin letter of business leaders endorsing one party or another is a relatively new concept in British general elections.That is because, until around 30 years ago, business leaders were quite happy to nail their colours to the mast publicly. Big businesses would regularly make donations to political parties – mainly, but not always, the …
Business
Euro News
ABN Amro buys German bank Hauck Aufhäuser Lampe for almost €700 million
Business
Euro News
Leaked push for deal on ‘green claims’ rules raises fears of double standards
Business
Business Live
Victorian Plumbing sees revenue dip as cost of living crisis pushes consumers towards own-brand products
Victorian Plumbing has reported a slight dip in revenue for the first half of the year, as customers opted for cheaper own-brand items amidst the cost-of-living crisis. The FTSE-listed group’s turnover fell by 1% year-on-year to £144.6m for the six months ending March 31, despite a 2% increase in total orders. However, the shift towards …
Business
Sky News
McLaren revs up board with appointment of former Rolls-Royce chief
The British supercar maker McLaren Group has bolstered its board with a trio of appointments including the former boss of Rolls-Royce Motor Cars.Sky News can reveal that Torsten Muller-Otvos was recruited as a non-executive director of the Surrey-based company earlier this month. Chaired by the former Diageo chief Paul Walsh, McLaren has also recruited Pierre-Yves …
Business
Evening Standard
M&S to invest £30 million in London store estate and boost jobs
MARKS & Spencer is to invest another £30 million in its London stores over the next year, including the opening of two new foodhalls and the creation of 100 new jobs.The retailer in basking is a renewed sense of confidence on the back of its best financial results in almost three decades last week.Profits for …
Business
Euro News
Elon Musk’s xAI raises $6 billion to develop AI products

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