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Business
Sky News
Labour reports to underpin new ‘party of business’ stance
The Labour Party will this week back a report calling for the British Business Bank to be given an expanded role as it hopes to take a decisive step in its efforts to be perceived as the most pro-business force in British politics.Sky News has learnt that a review commissioned by shadow City minister Tulip …
Business
Sky News
Inchcape invites suitors to drive off with UK retail arm
Inchcape, the London-listed car dealer, is exploring a sale of its UK retail business – a deal that would herald another phase in the industry’s ownership shake-up.Sky News has learnt that Inchcape has begun sounding out prospective buyers of its domestic operations in recent weeks. Bankers at Rothschild have been hired to oversee talks with …
Business
Evening Standard
Consumer confidence reaches highest point in two years as optimism strengthens
Business
Business Live
AD FEATURE: Venture Graduates scheme is propelling business growth in Cardiff
Cardiff Capital Region’s Venture Graduates scheme is a one-stop shop to support the growth of businesses in the region and secure industry roles for talented graduates. It provides a fully funded service to support businesses to propel their growth, helping to save costs and time while selecting the most skilled and talented graduates that match …
Business
Euro News
Who’s overtaken Elon Musk as the world’s richest person?
Business
Sky News
China Evergrande liquidation ordered by court
A Hong Kong court has ordered the liquidation of China Evergrande, the real estate firm with more than $300bn (£236.1bn) of debts, amid deepening fears for the territory’s wider corporate health.Justice Linda Chan ruled Evergrande had been unable to offer a concrete restructuring plan to creditors – more than two years after defaulting on a …
Business
Euro News
UK financial firms are hungry for AI – what’s hindering progress?
Business
Sky News
Iceland boss and ex-Tory donor switches support to Labour
Iceland supermarket boss Richard Walker has switched his support from the Conservatives to Labour, saying Sir Keir Starmer’s party is “the right choice” for his customers.Mr Walker, a former Tory donor and the executive chairman of Iceland, said under Sir Keir’s leadership Labour had “progressively moved towards the ground on which I have always stood”, …
Business
Sky News
Ryanair cuts profit forecast after airline removed from booking sites
Ryanair has reported a slump in quarterly profits and narrowed its expectations for annual earnings after some online travel sites stopped selling its flights.The no-frills carrier said it made profit after tax of €15m (£12.8m) over the final three months of 2023, its third quarter, compared to the €211m it achieved in the same period …
Business
Sky News
Channel 4 to unveil deeper job cuts as ad downturn bites
Channel 4 will announce plans this week for deeper-than-expected job cuts amid a steep downturn in the broadcast advertising market.Sky News has learnt that the state-owned broadcaster will say on Monday that it is cutting nearly 250 roles, a figure equating to just over 15% of its full-time workforce of more than 1,300 people. Industry …
Business
Evening Standard
Borrowing costs expected to be held at near 16-year high for longer
Business
Business Live
North East distillery sold to new owners after collapsing with debts of £1m
A North East distillery has been sold to a relative of its original owner after collapsing with estimated debts of £1m. Durham Gin Ltd – which traded as Durham Distillery – went into administration last November after a chain of events triggered by the pandemic led to unsustainable financial pressures. The business, launched by Jon …

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