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Cambridge semiconductor company at Forefront of investors’ thoughts
A Cambridge semiconductor company has defied the tough funding environment for early-stage businesses by securing £16m to fuel its expansion.Sky News understands that Forefront RF, which was set up in 2020, will announce this week that it has raised the money from new venture capital backers Octopus Ventures and Cambridge Innovation Capital, as well as …
Business
Sky News
Manchester United fans demand revival of share ownership scheme
An influential Manchester United supporters’ group has demanded that the club’s owners revive plans for a fan share scheme, which remains on ice nearly three-and-a-half years after it was initially promised.Sky News has learnt that the Manchester United Supporters’ Trust (MUST) wrote to Joel Glazer, Sir Jim Ratcliffe and Omar Berrada, the club’s new chief …
Business
Sky News
Trump promised to cut inflation – markets expect the opposite
Donald Trump’s victory was secured on an unequivocal promise to stretched American households that he would “end inflation”, but markets and economists are anticipating his second term will do the opposite.A combination of corporate tax cuts, government borrowing, lower migration and swingeing tariffs on overseas imports are all expected to heat up the American economy …
Business
Business Live
Domino’s Pizza reports return to sales growth as investments in customer experience pay off
Domino’s Pizza has signalled a shift to positive sales growth, attributing its success to enhanced customer experience initiatives. The renowned pizza franchise informed the market today of a 3.5 per cent increase in order volume during the third quarter, reaching 17.4 million, bolstered mainly by a 6.6 per cent surge in deliveries over collections, as …
Business
Sky News
Post Office campaigner Alan Bates tells PM ‘clock is ticking’ on compensation for Horizon victims
Post Office campaigner Sir Alan Bates has written to Sir Keir Starmer to remind him the “clock is still ticking” on a compensation deadline for victims. In his letter to the prime minister, Sir Alan demanded a March 2025 deadline for compensation for sub-postmaster victims of the Horizon scandal. Earlier on Tuesday, Sir Alan told …
Business
Sky News
NatWest in £11bn deal to offload pension payments
NatWest Group, the high street banking group, has struck what is thought to be the UK’s biggest-ever deal to outsource pension payments to a specialist insurance company.Sky News has learnt that pension trustees at NatWest, which is on track to become wholly owned by private sector investors after more than 15 years in partial taxpayer …
Business
Business Live
Sosandar and Next extend partnership with exclusive homeware line, leveraging online retail strengths
Sosandar, the upmarket women’s fashion chain, has struck a capital-expenditure-free licensing deal with retail heavyweight Next to launch a homeware collection. Under this no-capex agreement, Sosandar will expand its existing clothing partnership with Next, as reported by City AM. Co-CEOs of Sosandar, Ali Hall and Julie Lavington, expressed their excitement about the venture, proclaiming it …
Business
Sky News
£15bn merger between two of UK’s largest mobile networks could get green light, says competition watchdog
A £15bn merger between two of the UK’s biggest mobile networks could get the green light – if they stick to their commitments to invest in the country’s infrastructure, the competition watchdog has said.The Competition and Markets Authority (CMA) said the merger of Vodafone and Three had “the potential to be pro-competitive for the UK …
Business
Sky News
Bosses rail at business secretary over “avalanche of costs”
Business leaders expressed frustration with ministers on Monday amid a growing budget backlash that bosses said would trigger an “avalanche of costs” and leave them with no choice but to slash investment and increase prices.Sky News has learnt that bosses of large retail and hospitality companies and trade associations told Jonathan Reynolds, the business secretary, …
Business
Sky News
Retail giants face food price hikes dilemma after budget
Two of Britain’s biggest food retailers will this week face pressure to publicly disclose whether they expect a fresh spike in prices next year as the industry grapples with huge tax hikes imposed in last week’s budget.Sky News understands that Marks & Spencer (M&S), which will unveil half-year earnings on Wednesday, and J Sainsbury, which …
Business
Sky News
Zahawi in talks to help Efune clinch £550m Telegraph takeover
The former Conservative chancellor Nadhim Zahawi is in talks to smooth the path to a takeover of The Daily Telegraph being led by the New York-based media investor Dovid Efune.Sky News has learnt that Mr Zahawi has been working for several weeks with LionTree, Mr Efune’s investment banking adviser, on the deal, which is expected …
Business
Business Live
Health optimisation start-up gains investment from sports stars
The Players Fund, the UK’s pioneering athlete-led venture capital firm, has invested in health start-up OptimallyMe. The fund, whose investors include cricket star Ben Stokes and Olympic champion Jess Ennis-Hill, also counts England rugby player Courtney Lawes and Arsenal footballer Ben White among its 60 professional sportspeople backers, as reported by City AM. The VC …

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