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Sky News
Post Office chairman ousted amid row with government
The chairman of the Post Office is being forced out of the role amid frustration in Whitehall over the state-owned company’s governance as it reels from the Horizon IT scandal.Sky News has learnt that Henry Staunton, who only became chairman of the Post Office in December 2022 after a long career in FTSE boardrooms, was …
Business
Sky News
Superdry weighs restructuring as sales slump continues
Superdry, the London-listed clothing retailer, is weighing a radical restructuring that could involve significant numbers of store closures and job cuts after reporting weak sales.Sky News has learnt that Superdry and its advisers at PricewaterhouseCoopers (PwC) are initiating work on plans that could lead to a company voluntary arrangement (CVA) or restructuring plan, both of …
Business
Evening Standard
Huge rally to mark 40th anniversary of ban on unions at GCHQ
Business
Sky News
Use Horizon law to protect litigation funding, trade body urges
The legislation being used to exonerate hundreds of sub-postmasters wrongly convicted over the Horizon IT scandal should include measures to protect the specialist finance sector which helped Alan Bates to overturn Britain’s biggest miscarriage of justice, according to an influential trade body.Sky News understands that the International Legal Finance Association (ILFA) wants ministers to use …
Business
Business Live
People on the move: key North East appointments and promotions
Tyneside tech company CEO Darren Jobling has been appointed to the board of the British Board of Film Classification (BBFC). Mr Jobling started his career in the games industry where he pioneered the creation of racing simulations for industry giants such as Electronic Arts, Activision and Take Two. He is now the CEO of Newcastle …
Business
Euro News
EU law on platform workers gets new chance to survive in race against the clock
Business
Euro News
Banks should check client sustainability despite due diligence carveout, lawmakers say
Business
Sky News
Rising consumer confidence, CityFibre sales increase and Hitachi talks renewables
On today’s show, Ian King speaks to Joe Staton from the German market research company GfK about a rise in consumer confidence. CityFibre’s chief executive, Greg Mesch, reports on their annual sales.And Claudio Facchin, chief executive of Hitachi Energy, has the latest on overcoming potential barriers to the rollout of renewables.:: Listen and subscribe to …
Business
Sky News
National Lottery ticket price cut plunged into doubt by incoming operator
A promise by the incoming National Lottery operator to slash the price of a ticket from £2 to £1 is under review.Allwyn has also said delayed plans for new draw-based games will impact sales and the amount of money it can give to good causes in the early part of its 10-year licence. The holdup …
Business
Business Live
Ending of primary steelmaking will leave the UK military exposed warns union
The UK will be left “woefully underprepared” for any potential conflict if steel blast furnaces are allowed to close, the UK Government is being warned. The GMB has written to Defence Secretary Grant Shapps saying that losing the ability to make steel from scratch will “significantly impact” the security of the country’s essential defence supply …
Business
Evening Standard
Wickes’ profits at top of forecasts amid strong trade demand
Business
Sky News
Bernie Ecclestone’s £650m fraud settlement ‘made him second biggest taxpayer in UK’
A £650m fraud settlement agreed by former Formula One boss Bernie Ecclestone made him the second-biggest taxpayer in the UK last year, according to The Sunday Times Tax List.The 93-year-old billionaire businessman was spared jail last after admitting failing to declare more than £400m held in a trust in Singapore to the government. Money latest: …

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