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03.09.2024 - 06:11
Business
Sky News
Airlines to be ‘fully informed’ if mid-air Rolls-Royce engine part failure poses wider risk
Passenger plane engine maker Rolls-Royce has pledged to keep airlines “fully informed” if an apparent mid-air part failure poses a wider risk.The UK firm was reacting to an incident aboard a Cathay Pacific Airbus A350-1000 plane on Monday that saw it forced to return to Hong Kong soon after take-off to Zurich. Investigations were focusing …
02.09.2024 - 13:39
Business
Sky News
Those responsible for Grenfell tragedy to be named and shamed tomorrow
Legal powers introduced since the Grenfell Tower fire to force building owners to fix serious fire safety issues are being ignored, Sky News can reveal.One of the UK’s first Building Remediation Orders, issued by a judge last year, gave the owners of a block of flats in Bristol six months to fix serious fire safety …
02.09.2024 - 12:17
Business
Sky News
Farage turns to Candy to sweeten Reform funding drive
The Reform Party leader Nigel Farage will this week embark on a renewed drive to raise millions of pounds to “professionalise” its operations two months after it won five seats at the general election.Sky News understands that Mr Farage will attend a fundraising event hosted by Holly Candy, the former Neighbours actress, on Wednesday evening. …
02.09.2024 - 10:11
Business
Business Live
Haydale in Jersey trial for its underfloor heater technology
Technology company Haydale has announced a pilot trial deploying its innovative underfloor heaters within social housing in Jersey. The Ammanford-based company, which is listed on the Alternative Investment Market and a leader in advanced materials and nanotechnology innovation, is working with Jersey Energy Technologies (JET), a start-up company focused on providing energy efficiency solutions across …
02.09.2024 - 09:29
Business
Evening Standard
UK manufacturing grows at two-year-high as inflation shows signs of easing
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The UK’s manufacturing sector grew at its fastest pace for more than two years last month as inflationary pressures for firms and …
02.09.2024 - 09:06
Business
Evening Standard
Karaoke, crazy golf and axe-throwing novelty bar chain toasts record bookings
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Novelty bar activities like axe throwing, mini golf and escape rooms are more popular than ever among Brits heading towards the end-of-year …
02.09.2024 - 07:53
Business
Sky News
Rightmove shares soar on Murdoch-linked takeover interest
Shares in Rightmove, the online property portal, have risen sharply on confirmation of bid interest from an Australian rival majority-owned by Rupert Murdoch’s News Corp.REA Group said early on Monday it was considering a takeover proposal to create a globally-focused real estate company. Any bid would likely comprise a cash and shares offer. No approach …
02.09.2024 - 04:42
Business
Sky News
Business leaders fire warning on workers’ rights and tax hikes
Labour is facing a drop off in confidence among business leaders amid plans for tax rises and improvements to workers’ rights, according to a survey.The Institute of Directors (IoD) had noted a leap in optimism in July among its membership as the new government came to power. But its latest economic confidence index showed a …
02.09.2024 - 00:00
Business
Sky News
Oasis ticket prices ‘depressing’ – govt promises review of dynamic pricing
The government has promised to look into dynamic ticket pricing, after the cost of tickets for the Oasis reunion tour more than doubled while on sale.Culture Secretary Lisa Nandy described the selling of inflated Oasis tickets as “depressing” as she said surge pricing would be included in a government review of the secondary gig sales …
01.09.2024 - 13:08
Business
Sky News
Altnet Zzoomm accelerates hunt for merger partners
A full-fibre broadband builder is accelerating its search for merger partners amid growing financial strains on some of the industry’s smaller players.Sky News understands that Zzoomm, which is backed by the giant US-based investor Oaktree Capital Management, has drafted in Acuity Advisors, a specialist technology firm, to identify prospective deals. Zzoomm operates in nearly 30 …
01.09.2024 - 09:41
Business
Sky News
Economy could have crashed if winter fuel payments for pensioners weren’t cut, minister claims
The economy could have crashed had the government not found savings by cutting winter fuel payments for pensioners, a minister has said.Lucy Powell told Sunday Morning With Trevor Phillips that the loss of the benefit, which will now be means tested, was necessary because of a “£22bn blackhole” left behind by the Conservatives. Politics Live: …
01.09.2024 - 08:00
Business
Business Live
Burberry’s downfall is about more than just a challenging market – it’s also self-inflicted
Burberry is poised to be relegated from the FTSE 100 in the upcoming quarterly review, with rankings based on market capitalisations as of 2 September. The iconic British luxury fashion brand has witnessed a near 75 per cent plunge in its share price over the past 16 months, marking an unfortunate and somewhat expected downturn. …
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