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Sky News
Publishing AI start-up Shimmr taps ad veterans in £3m funding round
An artificial intelligence (AI) start-up which helps authors and musicians to advertise their work more cost-effectively has tapped some of the leading figures in the UK ad industry in a seven-figure funding round.Sky News understands that Shimmr, which was founded by Nadim Sadek, has raised £3m at a valuation of £12m. Its backers include David …
Business
Business Live
Law firm Osborne Clarke launches engagement programmes to support Race Action Plan
Law firm Osborne Clarke has launched and expanded several engagement programmes to invest in early-stage talent and support black and ethnic minority students. The international firm, which has its headquarters in Finzels Reach, Bristol, has done this as part of its Race Action Plan, which aims to develop and broaden the recruitment talent pool and …
Business
Sky News
Farage debanking row: NatWest review finds no evidence of widespread political discrimination
NatWest says an external review has found no evidence of political or other such discrimination in the closure of customer accounts at its Coutts arm, amid the Nigel Farage debanking row.The bank, which commissioned the law firm Travers Smith to investigate the affair, said 84 customer account closures – including all relevant PEP (politically exposed …
Business
Sky News
Energy price cap to be lifted to help companies with unpaid bills
The energy price cap is set to be lifted to help suppliers recover a record £3bn of bad debt accrued through unpaid gas and electricity bills, the industry regulator has announced.Ofgem said on Friday it was consulting on proposals for a one-off cap adjustment of £16 – equivalent to around £1.33 a month – to …
Business
Euro News
Firms face sanctions for overlooking harmful impact of business partners
Business
Sky News
Analysis reveals the workers that could be in shorter supply after visa rules change
Software programmers, IT specialists and chefs could be in shorter supply when an increased minimum salary for skilled worker visas kicks in next year, according to analysis conducted for Sky News.Currently companies sponsoring a skilled worker from overseas for a visa have to pay a minimum salary of £26,200, but that will increase to £38,700 …
Business
Sky News
Bank of England holds interest rate and its opposition to prospect for cut
The Bank of England has left interest rates on hold for the third successive meeting, insisting that it is determined to keep borrowing costs at their 5.25% level for some time.Unlike the Federal Reserve, which dropped heavy hints at its latest meeting yesterday that it is preparing for multiple cuts in US interest rates next …
Business
Sky News
Interest rate held at 5.25% for third time by Bank of England
The Bank of England has left interest rates on hold for the third successive meeting, insisting that it is determined to keep borrowing costs at their 5.25% level for some time.Unlike the Federal Reserve, which dropped heavy hints at its latest meeting yesterday that it is preparing for multiple cuts in US interest rates next …
Business
Euro News
UK retailer Tesco recalls potentially moth-filled Christmas stuffing
Business
Sky News
TalkTalk gets arms around Shell broadband base in deal with Octopus
The broadband empire founded by Sir Charles Dunstone is to acquire nearly half a million retail customers following Shell’s decision to exit the British residential energy market.Sky News has learnt that TalkTalk Telecom has clinched a deal to absorb the 480,000-strong broadband customer base of Shell Energy Retail UK from Octopus Energy. An agreement, for …
Business
Sky News
Rajasthan Royals owner goes into bat with $650m valuation
The majority-owner of the Rajasthan Royals Indian cricket franchise has struck a deal to sell a stake at a $650m valuation, underlining the surge in investor interest in the sport’s newest formats.Sky News has learnt that Emerging Media Ventures (EMV) is raising $80m from the sale of shares to US-based fund Footpath Ventures. Heritage Advisors, …
Business
Evening Standard
Serco forecasts profits hike in 2023 and next year

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