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Energy bills ‘to rise again from January’ but spring falls ‘to come’
Energy bills are to rise again next year, according to a respected forecaster.Costs from January to March are projected to rise another 1% to £1,736 a year for the average user, according to research firm Cornwall Insight. The energy price cap, which sets a limit on how much companies can charge per unit of electricity, …
Business
Sky News
Cineworld owners screen plan for stock market comeback in New York
Cineworld’s hedge fund backers are drawing up plans to return the cinema operator to the public markets amid continuing uncertainty about the future of dozens of its British sites.Sky News has learnt that the company’s owners are at the early stages of considering a New York listing for the business, with the first half of …
Business
Business Live
Cinemas in crisis: Tax changes could lead to venue closures across the UK
The UK cinema industry has issued a warning that the increased taxes on employees’ wages, as announced in the Budget, could be the last straw for some venues in this key cultural sector. Chancellor Rachel Reeves raised the amount employers have to contribute in National Insurance Contributions (NICs) by 1.2 per cent and reduced the …
Business
Sky News
Former Tory minister Heaton-Harris eyes top job at football regulator
A former Conservative cabinet minister has thrown his hat into the ring to become the inaugural chair of Britain’s new independent football regulator.Sky News has learnt that Chris Heaton-Harris, who stood down as an MP at July’s general election, is among those who applied for the role ahead of a deadline on Friday. Mr Heaton-Harris …
Business
Sky News
Starmer vows to defend budget decisions ‘all day long’ as farmers slam ‘disrespectful’ PM
Sir Keir Starmer has said he will defend the decisions made in the budget “all day long” amid anger from farmers over inheritance tax changes.Chancellor Rachel Reeves announced last month in her key speech that from April 2026, farms worth more than £1m will face an inheritance tax rate of 20%, rather than the standard …
Business
Sky News
Pizza Hut UK hunts buyer amid Budget tax hike crisis
Pizza Hut’s biggest UK franchisee has begun approaching potential bidders as it scrambles to mitigate the looming impact of tax hikes announced in last month’s Budget.Sky News has learnt that Heart With Smart (HWS), which operates roughly 140 Pizza Hut dine-in restaurants, has instructed advisers to find a buyer or raise tens of millions of …
Business
Business Live
Rachel Reeves’ pension reforms labelled ‘not radical enough’ by City experts
Chancellor Rachel Reeves used the term “radical” to describe her plans for a comprehensive reform of the UK’s disjointed pension sector, which she unveiled last night. In her inaugural Mansion House speech tonight, she will reveal her strategy to consolidate the UK’s £400bn local authority pension schemes, as reported by City AM. Reeves believes these …
Business
Sky News
Ministers seek state aid advice over Harland & Wolff rescue deal
The government has drafted in City lawyers to scrutinise a proposed rescue deal for Harland & Wolff, the shipyard-owner which built the Titanic.Sky News has learnt that ministers have drafted in external advisers to assess whether the renegotiation of a Ministry of Defence contract to facilitate a sale of the company to Spain’s Navantia would …
Business
Sky News
New economy data tests chancellor’s growth agenda
Labour has come into power and the economy is shrinking.It is not the news the chancellor was expecting, and it underscores the challenges she faces in delivering the government’s promise to turbo-charge growth. The economy contracted by 0.1% in September and eked out growth of just 0.1% in the first three months of the new …
Business
Business Live
Village centre set for multi-million pound transformation
A Merseyside community is poised for a major transformation with newly submitted plans for an extensive regeneration project in Huyton Village. The ambitious blueprint encompasses the construction of numerous homes, a brand-new library, a burgeoning commercial district with a hotel and fresh public spaces. Knowsley Council has laid out a 10-year masterplan aiming to revitalise …
Business
Sky News
Chancellor ‘not satisfied’ as UK economic growth slows
The UK economy grew by 0.1% between July and September, according to the Office for National Statistics (ONS).However, despite the small positive GDP growth recorded in the third quarter, the economy shrank by 0.1% in September, dragging down overall growth for the quarter. The growth was also slower than what had been expected by experts …
Business
Sky News
Reeves has welcome support from Bank’s governor as she goes for growth and seeks to woo City
When Gordon Brown delivered his first Mansion House speech as chancellor he caused a stir by doing so in a lounge suit, rather than the white tie and tails demanded by convention.Some 27 years later Rachel Reeves is the first chancellor who would have not drawn a second glance had they addressed the City establishment …

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