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04.12.2024 - 09:35
Business
Sky News
Market town with average house price of £440k named happiest place to live – does your town make top 20?
Woodbridge is the place to be for residents wanting to live the happiest life, according to new research.The market town in Suffolk topped Rightmove’s annual list of the happiest places to live in Britain for the first time after knocking London’s Richmond upon Thames off the top spot. Residents of Woodbridge gave high scores for …
04.12.2024 - 09:05
Business
Sky News
Meta virtual reality partner Roto VR sees future with £2.4m funding boost
The designer of an interactive virtual reality chair for use with games sold by the owner of Facebook has snapped up nearly £2.5m from investors.Sky News understands that Roto VR, which is seeking to capitalise on burgeoning appetite for enhanced VR gaming, will announce this week that it has secured the funding from investors including …
04.12.2024 - 06:39
Business
Sky News
First rail companies to be nationalised by new Labour government announced
The first three railway companies to be nationalised have been named as part of the new Labour government’s plan to bring rail into public ownership. In May the service from London’s Waterloo station to southwest London, South Western Railway, will become the first to be nationalised, the Department for Transport said. It will be followed …
03.12.2024 - 14:25
Business
Sky News
Ford’s UK boss demands taxpayer incentives to drive electric future
Ford’s UK boss has called on the government to provide consumer incentives of up to £5,000 per car to boost demand for electric vehicles and help the industry hit challenging climate targets.Lisa Brankin, chair of Ford UK & Ireland, told Sky News that direct support for consumers to purchase zero-emission vehicles is crucial if the …
03.12.2024 - 14:25
Business
Sky News
Customers should be given taxpayer incentives up to £5,000 to drive electric future, Ford’s UK boss says
Ford’s UK boss has called on the government to provide consumer incentives of up to £5,000 per car to boost demand for electric vehicles and help the industry hit challenging climate targets.Lisa Brankin, chair of Ford UK & Ireland, told Sky News that direct support for consumers to purchase zero-emission vehicles is crucial if the …
03.12.2024 - 13:37
Business
Sky News
Upmarket tapas chain Iberica on brink of collapse
A group of Spanish restaurants headed by a Michelin-starred chef is on the brink of collapse after filing a notice of intention to appoint administrators.Sky News understands that Iberica, which operates a handful of sites in London and Leeds, filed a notice of intention to appoint administrators on Tuesday. RSM, the professional services firm, is …
03.12.2024 - 11:57
Business
Sky News
Overhaul of official workforce data may take another two years – ONS
The Office for National Statistics (ONS) has admitted efforts to overhaul unreliable data on Britain’s jobs market may not be ready until 2027.The ONS confirmed it is now “unlikely” it will be able to introduce a revamped version of its Labour Force Survey (LFS) – which is the official measure of employment and unemployment in …
03.12.2024 - 11:54
Business
Sky News
Payments provider Zilch in talks to raise £150m from investors
Zilch, the consumer lender which has become one of Britain’s fastest-growing fintech companies, is in talks about a share sale to raise about £150m in what could be its final such capital-raising before it goes public.Sky News has learnt that eBay-backed Zilch, which was founded in 2018, is working with advisers at Citi on an …
03.12.2024 - 10:18
Business
Business Live
Owner of Boringdon Hall snaps up Cornwall spa and golf hotel
The owner of Devon’s five-star Boringdon Hall Hotel has acquired a Cornish spa and golf resort for an undisclosed sum. Family-run Philema Hospitality Management has taken over the Budock Vean Hotel in Falmouth in a move it described as a “significant milestone”. The group’s portfolio also includes the four-star adult-only Fistral Beach Hotel and Spa …
03.12.2024 - 07:40
Business
Sky News
Largely manufactured furore shows Jaguar succeeded at getting people talking
The sleepy Jaguar has had a sudden awakening. After months of gentle provocation, the British carmaker has unveiled its latest model: a fully electric “concept with bold forms and exuberant proportions to inspire future Jaguars”. As to be expected we’ve been bombarded with marketing speak alongside the launch of the Type 00, the biggest rebrand …
03.12.2024 - 01:23
Business
Sky News
Jaguar boss defends rebrand after backlash – as new electric car revealed
Jaguar wants “to be bold and disruptive” with its new electric car and redesign, the luxury vehicle maker’s managing director told Sky News.The British car maker sparked widespread controversy last month when it unveiled its rebrand ahead of becoming a fully electric brand. Speaking to Sky News business and economics correspondent Gurpreet Narwan, managing director …
02.12.2024 - 18:32
Business
Sky News
Motorists rev up £38m settlement in shipping cartel claim
Lawyers acting for British motorists who were charged inflated prices to deliver vehicles to the UK have agreed settlements worth £38m after a years-long battle alleging that they were ripped off by a cartel of shipping firms.Sky News understands that Mark McLaren, the class representative who brought the claim, and Scott+Scott, the US-based dispute resolution …
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