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13.12.2024 - 10:23
Business
Business Live
Steven Bartlett’s Diary of a CEO podcast faces questions over health claims
Dragons’ Den entrepreneur Steven Bartlett is currently under scrutiny regarding his popular ‘Diary of a CEO’ podcast after a BBC News investigation highlighted concerns about health claims made by some guests. The Manchester-based entrepreneur, who amassed his wealth after co-founding Social Chain and dropping out of university, has been criticised for potentially spreading harmful health …
13.12.2024 - 07:12
Business
Sky News
Royal Mail fined £10.5m after missing delivery targets
Royal Mail has been fined £10.5m for missing postal delivery targets.Regulator Ofcom said 74.7% of first class mail and 92.7% of second class was delivered on time in 2023/24. The targets were 93% and 98.5%.It is the second time Ofcom has fined Royal Mail since the pandemic and it “needs to do much better”, the …
13.12.2024 - 05:52
Business
Sky News
Economy in shock decline during October
The economy remained in reverse gear during October, according to official figures covering the month ahead of the government’s first budget.The Office for National Statistics (ONS) said output fell 0.1% following the 0.1% decline recorded for the previous month. It marked the first time since the COVID pandemic that the economy had shrunk for two …
13.12.2024 - 04:00
Business
Sky News
Deeper story behind UK’s fragile food security can be traced to demise of farming’s golden age
It might be tempting, given how much coverage has focused on it recently, to assume the forthcoming changes to the inheritance tax regime are the single biggest issue facing farmers these days.But the reality is these tax changes come at a moment of extraordinary pressure, with farmers having to contend with a swathe of unsettling …
12.12.2024 - 17:02
Business
Sky News
Major shake-up of UK energy system could ‘lower bills for good’, government says
Plans to “green” the UK’s power system will protect consumers from future energy crises and has the potential to “bring down bills for good”, the government has said.Achieving clean electricity by 2030 was a key election promise for the Labour party, and reiterated by Keir Starmer last week as he outlined government ‘milestones’. To reach …
12.12.2024 - 10:13
Business
Business Live
Gloucester Quays signs 20 deals with retailers including Clarks and Le Creuset
Gloucester Quays shopping centre has agreed 20 leasing deals this year including with a number of major high street brands. The outlet’s operator, Peel Retail & Leisure, said some 44,000 sq ft of space had been secured by retailers over the last 12 months. Among the 11 brands to renew at Gloucester Quays are French-Belgian …
12.12.2024 - 10:04
Business
Sky News
Mark Zuckerberg’s Meta donates $1m to Trump’s inauguration fund
Mark Zuckerberg’s firm Meta has donated $1m to Donald Trump’s inauguration fund as the Facebook founder tries to mend ties with the president-elect.In August, Mr Trump threatened to imprison the billionaire if he did “anything illegal” to influence the presidential election. But last month the pair dined together at Mr Trump’s Mar-a-Lago resort in Florida, …
12.12.2024 - 09:04
Business
Sky News
Currys rues impact of budget and warns of hit to consumers
Currys has warned of a drop in consumer sentiment over the past six months, with the chain plotting price rises to help offset the impact of the new Labour government’s first budget. Alex Baldock, the retailer’s chief executive, told reporters that progress in tackling financial pressures on households had “stalled in recent months”. He noted …
12.12.2024 - 06:09
Business
Sky News
Trump tariffs to have ‘insignificant effect’ on UK economy
Plans by Donald Trump to impose blanket tariffs on all imports to the US will have an “insignificant effect” on the UK economy, according to a poll of international economists.While policymakers at the Bank of England fret over the impact of threatened tariffs of up to 10% on UK goods and the prospects for a …
11.12.2024 - 21:43
Business
Sky News
Government demands ‘immediate, mandatory’ housing plans from councils to build 1.5m homes
The government is today demanding “immediate, mandatory” housing targets from councils as part of its plans to build 1.5 million houses by the next general election. During its election campaign Labour promised to build swathes of new housing to address lack of affordability and supply. And it will today release its latest version of the …
11.12.2024 - 11:10
Business
Sky News
Bank exodus sparks row with UK lending standards body
Two of Britain’s biggest high street banks have quit a body dedicated to enhancing industry lending practices, sparking a furious row and casting doubt over its future.Sky News has learnt that HSBC and Lloyds Banking Group have terminated their membership of the Lending Standards Board (LSB). Their resignations – alongside that of Santander UK in …
11.12.2024 - 10:20
Business
Business Live
Heathrow Airport to cap off year in record style as passenger numbers soar
Heathrow Airport is gearing up for a record-breaking end to its busiest year, with passenger numbers expected to surge this Christmas. The Hounslow-based airport reported that it handled 6.5 million passengers in November, marking a 6.1% increase from the previous year, and anticipates December will set another record, as reported by City AM. The festive …
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