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Sky News
‘We can’t afford it’: Problems behind shared ownership as ‘people find it a desperate trap’
Josie Dom, 53, was thrilled when she moved into her new home in October.She bought 30% of it through the shared ownership scheme as an affordable route to home ownership, even if it was only partial ownership. The idea is to help people who would not be able to buy a home outright get on …
Business
Business Live
People on the move: key North East appointments and promotions
Durham based EMG Solicitors is celebrating six senior promotions. The business, which has offices in Durham, Newcastle, Darlington, Penrith and Manchester, has promoted Charlotte Greenwell in Durham to associate in the Court of Protection (COP) health and welfare team, and Mike Cattermole and Claire French are promoted to associate and senior associate in the wills, …
Business
Sky News
Thames Water crisis deepens as holding company defaults on debt
The crisis enveloping Thames Water has deepened after its holding company announced it had been unable to meet a debt repayment. Kemble Water said it missed an interest payment that was due on Tuesday. The firm said it had asked its lenders to take no immediate action so as to “provide a stable platform while …
Business
Evening Standard
UK construction sector emerges from six-month slump and returns to growth
Business
Euro News
Samsung forecasts 10-fold surge in profits as chip downturn eases
Business
Business Live
The financial crisis facing Welsh universities
What is the future of universities? That is the question many have been asking as a financial crisis engulfs the sector across the UK. With home student fees frozen since 2017, universities have focused on attracting more overseas students who can be charged as much as four times more to study than UK students. While …
Business
Sky News
Construction industry returns to growth after months of decline
The UK’s construction industry has returned to growth after six consecutive months of decline, according to a closely watched survey.A boost in civil engineering and a stabilisation in housebuilding helped drive the recovery, S&P Global found. The firm’s purchasing managers index (PMI) score, calculated using the survey results, rose to 50.2 in March.The figure is …
Business
Sky News
Body Shop administrators plot CVA as route to rescue deal
Administrators to The Body Shop are drawing up plans to launch a further restructuring process in a bid to salvage a future for one of Britain’s best-known high street brands.Sky News has learnt that insolvency practitioners at FRP Advisory have outlined proposals to launch a company voluntary arrangement (CVA) that would see The Body Shop …
Business
Sky News
House prices fall for first time in six months
House prices slipped by 1% in March following five consecutive months of growth, according to new figures from Halifax.The lender said affordability remained a challenge for potential buyers as recent declines in mortgage rates have stalled. It comes as financial markets become less optimistic about the timing and extent of interest rate cuts by the …
Business
Sky News
McDonald’s HQ to take control of Israeli branches after boycotts hit sales
McDonald’s headquarters is to take over ownership of its branches in Israel after global sales were hit by customer boycotts over the war in Gaza.The US-based fast food giant said it would buy its 30-year-old Israel franchise from Alonyal Ltd, which has 225 outlets in the country.It comes following outrage last year when McDonald’s Israel …
Business
Euro News
Volvo sees record sales in March boosted by electric SUV sales
Business
Euro News
Hundreds of jobs axed by Amazon in cloud computing division

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