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20.01.2025 - 09:45
Business
Business Live
British consulting industry to see robust growth driven by AI and digital technology
The British consulting sector is projected to experience single-digit growth over the next year, with a near nine per cent increase anticipated for 2026, largely driven by advancements in AI. Research from the Management Consultancies Association (MCA) suggests that the consulting sector will grow by 6.4 per cent in 2025, as reported by City AM. …
19.01.2025 - 17:03
Business
Sky News
TikTok starts restoring service as Trump confirms he will pause US ban
TikTok has begun restoring service to the app in the US after Donald Trump said he would sign an executive order pausing its ban.A law signed by President Joe Biden last April required ByteDance, TikTok‘s China-based parent company, to sell the app to a non-Chinese owner by Sunday or face a ban. Some users reported …
19.01.2025 - 11:36
Business
Sky News
Asda-owner TDR snaps up former SPAC merger target CorpAcq
The private equity owner of Asda has struck a deal to buy a controlling stake in a group which specialises in backing British SMEs.Sky News has learnt that TDR Capital has agreed to acquire a majority interest in CorpAcq, less than six months after the so-called ‘corporate compounder’ aborted a deal to list in the …
19.01.2025 - 11:04
Business
Sky News
Govt ‘doesn’t think’ Trump will impose trade tariffs on UK – but is ‘prepared for all scenarios’
The government doesn’t think Donald Trump will impose trade tariffs on the UK, but is “prepared for all scenarios”, a cabinet minister has said. Darren Jones, the chief secretary to the Treasury, told Sky News’ Sunday Morning with Trevor Phillips that the former president’s return to the White House “could be an enormously positive thing with …
19.01.2025 - 09:00
Business
Business Live
Revenue and profits rise at Tyneside games developer Ubisoft Reflections
North East games developer Ubisoft Reflections chalked up a 12% leap in revenues, with its popular Tom Clancy games bringing in more than half of all sales, new accounts show. Newcastle’s Reflections became part of the Ubisoft group in 2007, with the global games giant having its head office in France and bases in almost …
19.01.2025 - 03:42
Business
Sky News
TikTok shuts down in US as law comes into force – a day before Trump’s inauguration
TikTok users in the US are opening the app to find a message saying they “can’t use” the social media platform “for now” due to a law enacted in Washington.A ban on the app was due to take effect today after outgoing President Joe Biden signed a law last year requiring ByteDance, TikTok’s China-based parent …
18.01.2025 - 10:17
Business
Business Live
New Humber business survey results ‘not pretty’, Chamber says
Results from a survey of businesses in the Humber area are “not pretty”, the Chamber of Commerce says. The Hull and Humber Chamber’s quarterly survey for the last three months of 2024 found the optimism of the previous period evaporating, to be replaced by worries over higher overheads. The survey found domestic sales and orders …
18.01.2025 - 09:49
Business
Sky News
Poundland owner drafts in advisers amid discounter crisis
The owner of Poundland, one of Britain’s biggest discount retailers, has drafted in City advisers to explore radical options for arresting the growing crisis at the chain.Sky News has learnt that Pepco Group, which has owned Poundland since 2016, has hired consultants from AlixPartners to address a sales slump which has raised questions over its …
18.01.2025 - 02:10
Business
Sky News
TikTok could go dark: What does this mean for users and content creators?
TikTok has said it could go dark on Sunday in the US after the Supreme Court ruled against its bid to avoid a ban that could shut the app down.The looming ban is the end result of 2024 legislation passed on national security concerns that called for TikTok parent ByteDance to sell the popular short-video …
18.01.2025 - 02:10
Business
Sky News
Time’s up for US TikTokers: What does this mean for users and content creators?
TikTok has gone dark across the US – affecting 170 million American users – after the Supreme Court ruled against its bid to avoid a ban that has shut the app down.The ban is the end result of 2024 legislation passed on national security concerns that called for TikTok parent ByteDance to sell the popular …
17.01.2025 - 14:19
Business
Sky News
Major UK stock index closes on record high
The UK’s benchmark stock index has reached another record high.The FTSE 100 index of most valuable companies on the London Stock Exchange closed at 8,505.69, breaking the record set last May. It had already broken its intraday high at 8532.58 on Friday afternoon, meaning it reached a high not seen before during trading hours.Money blog: …
17.01.2025 - 14:19
Business
Sky News
UK’s main share index closes at all-time high
The UK’s benchmark stock index has reached an all-time high.The FTSE 100 index of most valuable companies on the London Stock Exchange closed at 8,505.69, breaking the record set last May. It had already broken its intraday high at 8532.58 on Friday afternoon, meaning it reached a high not seen before during trading hours.Money blog: …
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