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Sky News
Small businesses more concerned than ever about future; and the possibility of air taxis
Ian King is joined by Sukh Chamdal to discuss his Cake Box company, after a successful year, while Kelly Devine from Mastercard discusses research which claims small and medium businesses are more concerned than ever about the future of their firms. Ian also talks about air taxis with Corvin Huber, chief executive of Skyroads.Listen and …
Business
Sky News
Petrol retailers accused of ‘rocket and feather’ pricing as unleaded hits new record
Petrol retailers have been accused of forcing “rocket and feather” pricing after unleaded hit a new, and unexpected, record average high over the weekend.Motoring organisations had forecast a decline in wholesale costs to have been reflected at the pumps, but data from Experian Catalist revealed on Monday that petrol had reached 191.1p a litre on …
Business
Sky News
Sunak meets insurers for talks on ‘Big Bang’ Solvency-II reforms
Rishi Sunak, the chancellor, will hold talks on Monday with senior insurance executives as the government tries to map a path for reforms that it claims will unlock vast sums for investment in British infrastructure.Sky News has learnt that bosses from Aviva, Legal & General, Lloyd’s of London and the Association of British Insurers will …
Business
Sky News
Should first-time buyers buy a house now or wait? An expert view
With house prices continuing to rise, first-time buyers across the UK are faced with a key question: should we buy now or wait for the market to cool down?Figures released by the Office for National Statistics show the increase average house prices in the UK leapt to 12.4% last month – a substantial increase from …
Business
Business Live
The new look Cardiff office building powered by green energy
A prime Cardiff office building has been renamed as part of a £4m revamp to create new flexible working space in a building powered solely by renewable energy. The 30,000 sq ft Dumfries House in the city centre has been rebranded Coal House by its own in property investor and developer Create Real Estate. When …
Business
Business Live
The top team leading JD Sports after sudden resignation of long-time boss Peter Cowgill
It’s been an eventful first half of 2022 for JD Sports after being rapped by a watchdog twice and its long-time boss resigning suddenly. In February, JD Sports was fined £4.3m by the Competition and Markets Authority (CMA) for exchanging information with Footasylum, which it had agreed to buy at the time for £90m. The …
Business
Business Live
Major jobs plans revealed by online mortgage broker bought by Confused.com owner
An online mortgage broker has revealed plans to hire more than 50 new members of staff after it was acquired by the owner of Uswitch, Money.co.uk and Confused.com at the end of last year. Manchester-headquartered Mojo Mortgages currently employs 74 employees and was snapped up by RVU in December. At the time the deal was …
Business
Business Live
Staff handed £500 cost of living bonus as sales pass £600m
An employee-owned cash and carry and convenience store giant is to hand its staff a cost of living bonus of up to £500. Parfetts said it is “recognising its staff’s hard work and dedication” with the payment which comes in addition to a company-wide sales bonus of up to 2% of salary. The business added …
Business
Business Live
High growth contact centre specialist ResQ takes two golds at industry awards
Call centre specialist ResQ has won two gold awards at its coveted industry awards. The rapidly expanding Hull-headquartered business was celebrated for having the Best Health & Wellbeing Programme as well as the Most Effective Colleague Engagement Programme at the UK National Contact Centre Awards, held in London. Chief executive and co-founder, Gill Marchbank, said: …
Business
Evening Standard
City watchdog opens probe into tax affairs of Wise founder Kristo Käärmann
THE trouble facing Kristo Käärmann, the billionaire co-founder of Wise, grew today when the City watchdog opened an investigation into his tax affairs.The financial entrepreneur has been on the list of HMRC’s so-called “deliberate defaulters” since September 2021. He failed to pay a £720,000 bill for 2017-18 and was hit with a fine of £366,000.Today …
Business
Sky News
Russia in first foreign debt default in over a century, bondholders claim
Russia has reportedly missed a deadline to pay investors of its international bonds, a scenario that would place it in default for the first time since the 1917 Bolshevik Revolution.According to the Reuters news agency, some Taiwanese holders of Russian Eurobonds had not received interest due when a grace period expired on Sunday. Moscow was …
Business
Sky News
HSBC executive Haire in surprise move to run the Skipton
One of HSBC’s top UK executives is quitting in a surprise move to run the Skipton Building Society, one of Britain’s biggest financial mutuals.Sky News has learnt that Stuart Haire, group general manager and chief executive of the London-listed banking giant’s UK personal and private banking businesses, is to become the new CEO of the …

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