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Euro News
Chinese ships block Philippine coast guard in latest South China Sea standoff
Business
Sky News
Loveholidays on journey to near £1bn valuation as auction looms
Loveholidays, one of Britain’s biggest online travel agents, is on a journey towards a valuation of close to £1bn as its owners plot a sale that could kick off in the first half of 2024.Sky News has learnt that Livingbridge, the private equity firm which has owned a big stake in Loveholidays since 2018, is …
Business
Evening Standard
Recession fears grow and interest rate expectations decline after surprise slump in output
Recession fears stalked the City again today as a key business survey painted a grim picture of the strains in the economy this month.The preliminary or “flash” version of the closely watched S&P Global/CIPSprivate sector output index fell far more steeply than expected by forecasters from 50.8 In July to 47.9 this month.It was the …
Business
Euro News
Nirvana’s ‘Nevermind’ voted the most iconic album cover of all time
Business
Sky News
‘Heightened recession risks’ as economy on course for contraction, report warns
A closely-watched indicator of economic activity suggests the economy is on course to contract in the current third quarter of the year and warns of “heightened recession risks”.A preliminary reading for the S&P Global/CIPS Purchasing Managers’ Index (PMI), which covers the dominant services sector and manufacturing, highlighted a slump in factory output and broader weakness …
Business
Sky News
People left destitute after coming to the UK on skilled worker visas only to find there’s no job
“I should be in a position of helping, not receiving aid,” says one Nigerian woman.Fraught with emotion and speaking to us anonymously in the narrow corridor of a food bank, she is now destitute despite being promised a job in Britain. Blessing, not her real name, told us she arrived in the UK three months …
Business
Sky News
House prices fall – but rising cost of borrowing makes buying more expensive
Falling house prices and record wage growth has meant houses have become more affordable on paper, but the rising cost of borrowing has cancelled out any benefit.The cost of a typical UK home is 6.7 times average earnings, down from a peak of 7.3 last summer, according to analysis from the country’s biggest mortgage lender, …
Business
Sky News
Former OPEC president charged with bribery offences in the UK
A former head of the group that enables the top oil-producing countries to cooperate and influence the global oil market has been charged with bribery offences. Diezani Alison-Madueke, the ex-president of the Organisation of the Petroleum Exporting Countries (OPEC) and a key figure in the Nigerian government between 2010 and 2015, was charged after a National …
Business
Sky News
Amazon to add extra charge to certain Prime orders next month
Amazon Prime customers will face an extra charge on certain deliveries from next month.The retail giant said members will have to pay £1.99 for same-day delivery if their basket totals less than £20 – on top of their £8.99 a month subscription fee. Customers were notified about the changes, which will come into effect from …
Business
Euro News
Debunking the scandal: Did they really remove ‘Fat Bottomed Girls’ from Queen’s ‘Greatest Hits’?
Business
Sky News
Ministers want Musk to attend flagship investment summit
The government is courting Elon Musk, the Tesla billionaire and owner of the social media platform formerly known as Twitter, to attend a flagship business summit in the autumn as they seek to bolster Britain’s claim to be a leading magnet for overseas investment.Sky News has learnt that Rishi Sunak’s administration is keen to secure …
Business
Business Live
Summit extends Ann Summers digital relationship after safe search success drives brand
A Hull marketing specialist has extended its relationship with Ann Summers after helping generate a surge in interest online. Summit has provided paid social and search engine optimisation to the saucy national retailer for the past two and a half years, helping the high street brand navigate safe searching and grow its visibility. It also …

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