Latest Stories All Stories

Business
Sky News
Bolt drivers win legal claim to be classed as workers
Thousands of Bolt drivers won their legal claim to be recognised as workers, securing rights to paid holidays and a minimum wage. After the landmark ruling, handed down by an employment tribunal on Friday, law firm Leigh Day said the compensation owed to the 15,000 drivers they represent could be worth more than £200m. The …
Business
Sky News
Cosmetic surgery group Transform gets into shape with sale
A prominent provider of cosmetic surgery services is exploring a sale for the second time in less than three years. Sky News understands that Transform Hospital Group, which is owned by Y1 Capital, a UK-based private equity firm, is working with advisers on a transaction. City sources said that Interpath Advisory was handling the sale …
Business
Sky News
Advisory firm Teneo hunts new backers at $2bn valuation
The advisory firm which managed the insolvency of Bulb Energy in 2021 is kicking off a hunt for new backers in a process that could value it at about $2bn (£1.5bn).Sky News has learnt that Teneo, which is based in the US, has begun approaching prospective investors in recent days to gauge their appetite to …
Business
Business Live
What President Trump and his tariff plans will mean for global trade
Contrary to the expectations of many political pundits on both sides of the Atlantic, Donald Trump has been elected President of the United States of America for a second time, not only winning the majority of states, but also securing the popular vote by a considerable margin. Whilst everyone absorbs the magnitude of this political …
Business
Business Live
‘Energy-efficient homes’ to be built on two brownfield sites in Wolverhampton
Wolverhampton Council has successfully acquired £1.4 million from the Government to decontaminate two brownfield sites, paving the way for around 150 new homes. The sites of the former Loxdale Primary School in Bilston and Stowheath Day Training Centre in East Park are to be cleared, with work commencing in the New Year to enable the …
Business
Sky News
‘This has to end’: Why parents are struggling to pay for baby formula
The baby formula market needs a shake-up to help parents struggling to afford it, according to the UK’s competition watchdog.There are “limited incentives” for the industry to compete on price and parents have suffered the consequences of high prices, said an interim report by the Competition and Markets Authority (CMA). The watchdog has previously reported …
Business
Evening Standard
Boohoo accuses Frasers Group of ‘self interest’ amid Mike Ashley row
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Boohoo has rebuffed claims by Frasers Group of disregarding its shareholders, accusing Frasers of “promoting its own commercial self-interest” at the expense …
Business
Sky News
Interest rate cut – but budget means inflation will rise, Bank says
The Bank of England has forecast Rachel Reeves’s first budget as chancellor will increase inflation by up to half a percentage point over the next two years, contributing to a slower decline in interest rates than previously thought.Announcing a widely anticipated 0.25 percentage point cut in the base rate to 4.75%, the Bank’s Monetary Policy …
Business
Sky News
Consumer credit giant NewDay lines up £1.7bn sale or float 
The consumer credit giant behind the Argos and John Lewis store cards is kicking off preparations for a sale or stock market listing that could value it at more than £1.7bn.Sky News has learnt that NewDay Group, which is owned by the private equity firms Cinven and CVC Capital Partners, is lining up investment bankers …
Business
Sky News
New budget measure to cost major supermarket more than £100m and cause inflation to rise – CEO says
Measures announced in the budget will cost one of the UK’s biggest supermarket chains £140m, its chief executive said. The rise in employer’s national insurance contributions, announced by Chancellor Rachel Reeves in her budget last week, will cost Sainsbury’s £140m from April, CEO Simon Roberts said. No price was put on the rise of the …
Business
Business Live
Wolverhampton faces dilemma as unlawful city centre car park challenges regeneration plans
An unauthorised city centre car park could be permitted to remain despite standing in the way of the City of Wolverhampton Council’s regeneration plans. The authority had previously blocked a move that would allow the car park, located at the junction of School Street and Fold Street, to stay after it was constructed without permission …
Business
Sky News
Thames Water bondholders submit rival £3bn financing offer
The battle for control of Thames Water’s future has deepened after a second group of bondholders tabled a fully underwritten offer to provide £3bn of new debt.Sky News has learnt that the utility’s class B bondholders submitted a proposal to the company on Thursday morning which aims to trump a rival offer from its class …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources