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Sky News
‘Almost inevitable’ UK will burn more gas and import more energy after Hinkley delayed
The fresh delays to Hinkley Point C nuclear power station will “very likely” force the UK to burn more gas and import more energy than expected, analysts have told Sky News.The already delayed project had been due to provide 7% of the UK’s electricity from 2027, until it was pushed back again last week by …
Business
Sky News
World’s biggest coffee chain cuts sales forecast and misses market expectations amid boycotts
Starbucks has cut its yearly sales forecasts and missed market expectations amid US and Middle East boycotts.The world’s biggest coffee chain told investors on Tuesday night there was a “significant impact on traffic and sales” in the Middle East due to the Israel-Hamas conflict.Money latest: Most hated taxes revealedThe impact was also felt in the …
Business
Evening Standard
Less room for tax cuts in the Budget than last year, Hunt tells Cabinet
Business
Business Live
Newcastle riverside pub and brewery goes up for sale as owners look to retire
A popular Newcastle riverside pub and brewery has gone on the market as the owners look to retire – and it’s the second time it’s gone up for sale. The Keelman & Big Lamp Brewery in Newburn was first put up for sale six years but the two businessman behind the venture ultimately changed their …
Business
Sky News
Taylor Swift label threatens to pull all its songs from TikTok
Universal Music has accused TikTok of bullying and threatened to pull millions of songs from the platform following a breakdown in payment negotiations – which would remove access to music by artists including Taylor Swift and Drake.In a scathing open letter shared online, titled Why We Must Call Time Out On TikTok, Universal said it …
Business
Sky News
Good news for homeowners as prices rise, defying forecasts
House prices ticked upwards in January, despite expectations of further falls, the UK’s largest building society has said. Homes cost 0.7% more in January than in December, the Nationwide house price index said. Read moreMoney latest – Mapped: Average rents in every UK regionIt’s in contrast to predictions by the same lender a month earlier …
Business
Sky News
Why meat, fish, cheese and dairy imports will cost more from today
Food and fresh flower imports from the European Union are subject to new Brexit customs controls from today, adding more than £300m a year to the price of trading with the continent and forcing up the price of food for British consumers.Under the new Brexit red tape, imports of chilled and frozen meat and fish, …
Business
Euro News
HSBC hit with £57 million fine for not protecting deposits
Business
Sky News
Top investors give green light to bigger FTSE pay packages
Institutional investors in Britain’s biggest public companies are to pave the way for bigger boardroom pay packages amid arguments from corporate chiefs that “restraint” over remuneration is causing irreversible damage to London’s stock market.Sky News has obtained the draft of a letter from the Investment Association, whose members collectively manage £8.8trn in assets, to the …
Business
Euro News
MEPs probe preparations, Russian links in hunt for new laundering agency site
Business
Sky News
Morrisons to sell 337 petrol forecourts as part of £2.5bn deal
Morrisons has agreed to sell its petrol forecourts to Motor Fuel Group (MFG) as part of a £2.5bn deal that will also help drive the provision of electric vehicle charging.The supermarket chain and MFG – both majority-owned by US private equity firm Clayton Dubilier & Rice (CD&R) – confirmed the agreement months after Sky News …
Business
Sky News
Ministers order restart to search for next V&A Museum chair
Ministers have gone back to the drawing board in the search for a new chair for the V&A Museum, one of the most prestigious cultural jobs in Britain.Sky News has learnt that the Department for Culture, Media and Sport (DCMS) has ordered a restart to the process of recruiting a successor to Sir Nicholas Coleridge. …

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