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09.01.2024 - 09:31
Business
Sky News
Former Post Office boss to hand back her CBE ‘with immediate effect’
Former Post Office boss Paula Vennells will hand back her CBE with immediate effect amid the fallout of the Horizon IT scandal.The scandal led to the convictions of hundreds of sub-postmasters and sub-postmistresses. The Horizon issue has come to public attention following the airing of ITV drama Mr Bates vs The Post Office which returned …
09.01.2024 - 09:12
Business
Sky News
Chancellor holds talks with City chiefs in bid to thrash out UK ISA plan
Jeremy Hunt held talks with some of the City’s top business leaders on Tuesday in a bid to inject fresh momentum into London’s flagging market for new company listings.Sky News understands the chief executives of asset managers Abrdn and Schroders and their counterpart at HSBC Holdings were among those scheduled to attend a breakfast summit …
09.01.2024 - 08:46
Business
Euro News
Why Rio Tinto’s Guinea iron ore project is starting after 27 years
09.01.2024 - 07:26
Business
Sky News
‘Hour by hour’ talks to speed-up appeals of Post Office scandal victims to clear their names
The justice secretary is meeting with senior judges today to discuss ways to accelerate the appeals of those convicted in the Horizon scandal, with cabinet minister Mel Stride saying an announcement could come this week.The government is facing fresh calls to act following the airing of ITV drama Mr Bates vs The Post Office which …
09.01.2024 - 07:26
Business
Sky News
Law to quash Post Office scandal convictions being ‘actively’ considered
The government is “actively considering” using legislation to quash all the Horizon scandal convictions, according to the justice secretary.Alex Chalk answered questions about the government’s position in between meetings with senior judges to discuss ways to accelerate the appeals of those convicted in the Horizon scandal. An announcement is expected this week – with Mr …
09.01.2024 - 02:49
Business
Sky News
Fears grow over Boeing 737 MAX 9 airliners after more ‘loose hardware’ found on planes
Alaska Airlines has said more “loose hardware” has been found on some of its Boeing 737 MAX 9 fleet of aircraft. It follows the Federal Aviation Administration (FAA) grounding all 171 737 MAX 9 planes operated by US airlines after a window and chunk of fuselage blew out of one Alaska Airlines aircraft on 5 …
08.01.2024 - 18:07
Business
Sky News
Barclays cuts, industry optimism and Rolls-Royce sales
Ian King speaks to our city editor, Mark Kleinman, about how Barclays is understood to be in the process of removing 5,000 roles from its global workforce. Plus, hear from Deloitte’s chief economist about how optimism among finance leaders is rising.And Rolls-Royce says it had “extraordinary sales” last year – with electric vehicles helping the …
08.01.2024 - 15:34
Business
Sky News
Barclays axes 5,000 jobs globally in cost-cutting drive
Barclays is in the process of removing 5,000 roles from its global workforce as part of a renewed push by executives to slash costs and improve the bank’s profitability.Sky News has learnt that a total of roughly 5,000 jobs were shed from the British bank’s 84,000-strong ranks during 2023, with about a quarter of the …
08.01.2024 - 15:27
Business
Euro News
Elon Musk’s alleged drug use puts 13,000 jobs at risk, report suggests
08.01.2024 - 14:45
Business
Euro News
Boeing shares plummet after plane window blowout
08.01.2024 - 10:47
Business
Euro News
Rolls-Royce sees record sales as demand for all-electric car grows
08.01.2024 - 10:04
Business
Evening Standard
Online trading firms lift guidance as market conditions improve
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