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Sky News
Premier League expected to restrict debt-fuelled club takeovers
The Premier League is leaning towards imposing a ban on debt-fuelled club takeovers amid a wider overhaul of the governance of English football.Sky News has learnt that a consultation process run by the Premier League in recent weeks with its member clubs has produced broad support for restrictions on so-called leveraged buyouts of top-flight sides. …
Business
Evening Standard
Credit Suisse to increase cost cuts in wake of latest profit warning
CREDIT Suisse issued its third profit warning this year today, blaming volatile markets and caution from clients who are trading less in the wake of the Ukraine war.The scandal torn bank, which employs thousands of people at Canary Wharf in London, has been in something close to crisis for several years.It has been hit by …
Business
Business Live
Talks held to avoid rail strikes as scale of disruption revealed
The scale of disruption to rail services by the planned strikes later this month has prompted talks to be held in a bid to avert the industrial action, it has been revealed. It was announced yesterday (Tuesday, June 7) that members of the Rail, Maritime and Transport (RMT) union at Network Rail and 13 train …
Business
Business Live
HS2 labour supply contract win for Fortel
A supplier of labour to the construction industry is celebrating winning a contract with HS2 which it says will create hundreds of jobs and bring thousands in economic value into the West Midlands. Walsall-based Fortel Group, which supplies more than 2,000 staff to around 130 construction and infrastructure projects across the UK, has won a …
Business
Evening Standard
Wizz Air predicts record summer even as travel chaos deepens
WIZZ Air today predicted it was on track for a record summer, even as it fought pilot shortages, spiralling fuel costs, travel chaos at airlines and warned that customers face price rises of at least 10%.The Ryanair rival, which flies to cities across Europe as well as North Africa and the Middle East, made losses …
Business
Sky News
Sunak urged to cut taxes or raise spending as UK poised for weakest growth in developed world
Rishi Sunak has been urged by one of the world’s leading economic authorities to cut taxes or raise spending in the face of looming stagnation next year.The UK is poised for the weakest economic growth in the developed world next year, according to new forecasts from the Organisation for Economic Co-operation and Development. In its …
Business
Sky News
Air fares likely to increase significantly by end of summer, Wizz Air boss says
Air fares are likely to increase by “upper single-digits” between July and September, the CEO of Wizz Air has said.Airlines in the UK and across Europe have been struggling to keep up with demand as travel returns to normal for many holiday destinations for the first time since the beginning of the COVID-19 pandemic and …
Business
Sky News
Rich countries falling short on half their promised $40bn climate adaptation finance, research says
Rich countries are delivering little more than half the $40bn a year they promised to poor countries to help them adapt to impacts of climate change, according to new analysis.Research by climate think tank the International Institute for Environment and Development (IIED) suggests developed countries and multilateral organisations are on track to channel $21.8bn in …
Business
Sky News
Three dates revealed for ‘biggest national rail strike since 1989’
Railway workers planning to strike for three days later this month will “shut down the system”, according to the RMT union. It said that up to 50,000 of its members across Network Rail, 13 train operators and on London Underground would walk out on 21 June in the “biggest outbreak of industrial action in the …
Business
Evening Standard
M&S boss Steve Rowe sees pay soar to £2.6m
THE top brass at Marks & Spencer could enjoy a joint pay pot of £15 million if they hit their bonus targets – but that does have to include a 50% rise in the share price.With retail shares under pressure that could prove a tough ask.The company annual report reveals that new CEO Stuart Machin …
Business
Evening Standard
M&S boss Steve Rowe sees pay soar to £2.6m
THE top brass at Marks & Spencer could enjoy a joint pay pot of £15 million if they hit their bonus targets – but that does have to include a 50% rise in the share price.With retail shares under pressure that could prove a tough ask.The company annual report reveals that new CEO Stuart Machin …
Business
Evening Standard
The wing man spreading a lifetime love of chicken
Richard Thacker loves chicken wings so much he’s made a career out of it. The entrepreneur eats wings “four or five times a week” — either testing them out at restaurants and traders around the UK who want to join his chicken food festival, Wing Fest, “or ordering them on Deliveroo, or just nipping out …

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