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04.12.2024 - 15:12
Business
Sky News
New York police hunt gunman who shot dead healthcare executive outside hotel in ‘brazen targeted attack’
Police in New York are hunting a gunman who shot dead a healthcare executive outside a hotel in what was a “brazen targeted attack”.Brian Thompson, who had been the chief executive of UnitedHealthcare since April 2021, was killed outside the Hilton Hotel in midtown Manhattan.The gunman, who was wearing a face mask, was lying in …
04.12.2024 - 15:10
Business
Sky News
Parcel delivery giant Yodel hit by festive capacity crisis
One of Britain’s biggest parcel carriers has been hit by a capacity crisis at the start of the crunch festive trading period, forcing it to urge key customers to divert business to rival delivery firms.Sky News has learnt that Yodel, which was due to recruit thousands of seasonal workers to help it deal with a …
04.12.2024 - 13:01
Business
Sky News
Bank of England governor frets over impact of budget on businesses and Trump’s return
Business reaction to the budget is the “biggest issue” facing the Bank of England, according to its governor – while he also contemplates the impact of Donald Trump’s looming return to the White House. Andrew Bailey told an event the future was clouded by domestic and global “uncertainty”, making it difficult to predict the effect …
04.12.2024 - 11:15
Business
Sky News
Two-child benefit cap to be scrapped as SNP reveal budget plans for the coming year
Scotland’s finance secretary has unveiled the nation’s draft budget for the coming year – with plans to scrap Westminster’s two-child benefit cap and a record investment in the NHS.Shona Robison set out the Scottish government’s tax and spending proposals for 2025-26 in a speech at Holyrood. The MSP previously said the budget will put “the …
04.12.2024 - 10:53
Business
Sky News
Burberry launches High Court action against discount retailer B&M
Luxury fashion brand Burberry has taken legal action against discount retailer B&M over potential trademark breaches.Burberry launched High Court proceedings on Monday under trademark grounds, indicating concerns the discount chain was falsely representing their goods as Burberry. Neither Burberry nor B&M gave Sky News further detail.Money latest: Taxman issues clarification on selling items onlineB&M has …
04.12.2024 - 10:30
Business
Business Live
Rio Tinto faces renewed calls to abandon primary London listing
Palliser Capital has reiterated its demand for Rio Tinto to drop its primary London listing, citing that the mining giant’s dual London-Sydney listing arrangement has led to a $50bn (£39.4bn) loss for shareholders. According to a letter to the board seen by the Financial Times, Palliser Capital branded the current structure an “unmitigated failure”, claiming …
04.12.2024 - 09:35
Business
Sky News
Market town with average house price of £440k named happiest place to live – does your town make top 20?
Woodbridge is the place to be for residents wanting to live the happiest life, according to new research.The market town in Suffolk topped Rightmove’s annual list of the happiest places to live in Britain for the first time after knocking London’s Richmond upon Thames off the top spot. Residents of Woodbridge gave high scores for …
04.12.2024 - 09:05
Business
Sky News
Meta virtual reality partner Roto VR sees future with £2.4m funding boost
The designer of an interactive virtual reality chair for use with games sold by the owner of Facebook has snapped up nearly £2.5m from investors.Sky News understands that Roto VR, which is seeking to capitalise on burgeoning appetite for enhanced VR gaming, will announce this week that it has secured the funding from investors including …
04.12.2024 - 06:39
Business
Sky News
First rail companies to be nationalised by new Labour government announced
The first three railway companies to be nationalised have been named as part of the new Labour government’s plan to bring rail into public ownership. In May the service from London’s Waterloo station to southwest London, South Western Railway, will become the first to be nationalised, the Department for Transport said. It will be followed …
03.12.2024 - 14:25
Business
Sky News
Ford’s UK boss demands taxpayer incentives to drive electric future
Ford’s UK boss has called on the government to provide consumer incentives of up to £5,000 per car to boost demand for electric vehicles and help the industry hit challenging climate targets.Lisa Brankin, chair of Ford UK & Ireland, told Sky News that direct support for consumers to purchase zero-emission vehicles is crucial if the …
03.12.2024 - 14:25
Business
Sky News
Customers should be given taxpayer incentives up to £5,000 to drive electric future, Ford’s UK boss says
Ford’s UK boss has called on the government to provide consumer incentives of up to £5,000 per car to boost demand for electric vehicles and help the industry hit challenging climate targets.Lisa Brankin, chair of Ford UK & Ireland, told Sky News that direct support for consumers to purchase zero-emission vehicles is crucial if the …
03.12.2024 - 13:37
Business
Sky News
Upmarket tapas chain Iberica on brink of collapse
A group of Spanish restaurants headed by a Michelin-starred chef is on the brink of collapse after filing a notice of intention to appoint administrators.Sky News understands that Iberica, which operates a handful of sites in London and Leeds, filed a notice of intention to appoint administrators on Tuesday. RSM, the professional services firm, is …
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