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03.04.2022 - 09:00
Business
Sky News
Poverty data ‘somewhat misleading’ minister says after claim rising bills could put 400,000 children into crisis
Grant Shapps has suggested the way poverty is presented can be “somewhat misleading” when put to him that rising bills could push 400,000 more children into poverty.Speaking on Sky News’ Ridge on Sunday programme, the transport secretary admitted that rising costs of living are “very substantial”, but questioned estimates of how many people could be …
03.04.2022 - 03:00
Business
Business Live
Dominic McGregor: Social Chain co-founder on starting over, ‘vulture capitalists’, global expansion, sobriety and Steven Bartlett
Dominic McGregor is arguably best known for co-founding Social Chain with new Dragons’ Den star Steven Bartlett. The pair dropped out of the University of Manchester to launch the fledgling company, with the journey culminating on the firm going public and then departing for pastures new in 2020. With Social Chain, which is now turning …
02.04.2022 - 19:24
Business
Sky News
Chelsea FC sale: Cleveland Cavaliers-owners join Cubs and Griffin bid
The owners of the American basketball team the Cleveland Cavaliers have joined forces with one of the four remaining bidders for Chelsea Football Club as the auction of last season’s Champions League-winners enters its final stages.Sky News can exclusively reveal that Rock Entertainment Group (REG), which owns a string of US sports teams, has agreed …
02.04.2022 - 16:07
Business
Business Live
Levelling Up author uses speech in North East to outline vision for UK regions
At any other time – without Brexit, Covid, the war in Ukraine and the cost-of-living crisis – the Government’s Levelling Up agenda would surely be generating more headlines. Improving regional economies to provide more opportunities for people living in places like the North East, while stopping London and the South East from overheating, is a …
02.04.2022 - 11:47
Business
Sky News
Revitalised NatWest weighs £3bn for wealth management giant
NatWest Group is contemplating an audacious takeover bid for one of Britain’s biggest wealth managers in a move that would represent its biggest corporate acquisition since it was rescued by taxpayers nearly 15 years ago.Sky News has learnt that NatWest is in the early stages of considering an offer for Tilney Smith & Williamson, which …
02.04.2022 - 11:00
Business
Business Live
American Golf owner swings to record results ahead of £6m investment and creating jobs
The owner of American Golf has swung to a record year as its sales and profits benefitted from a surge in the sport’s popularity. International Leisure Group (ILG), the holding company for American Golf Trading, American Golf Leisure and International Leisure Brands, has reported sales of £166m for the 12 months to January 30, 2022, …
01.04.2022 - 16:32
Business
Sky News
Indian tech firm in which Sunak’s wife owns shares closing office in Russia
The Indian tech firm in which Rishi Sunak’s wife owns shares believed to be worth hundreds of millions of pounds is closing its office in Russia, Sky News understands.The chancellor’s wife Akshata Murthy has a 0.91% stake in Infosys, a company founded by her father, which had continued to operate in Russia since the invasion …
01.04.2022 - 16:32
Business
Sky News
Indian tech firm Sunak’s wife owns shares in set-to-close office in Russia
The Indian tech firm in which Rishi Sunak’s wife owns shares believed to be worth hundreds of millions of pounds is closing its office in Russia, Sky News understands.The chancellor’s wife Akshata Murthy has a 0.91% stake in Infosys, a company founded by her father, which had continued to operate in Russia since the invasion …
01.04.2022 - 16:11
Business
Business Live
Welsh Government to appeal high court decision to cut power at Baglan Energy Park
The Welsh Government has said that it is appealing the high court decision to switch off the electricity supply at Baglan energy plant power. In a statement, the Government said that it had been granted permission by the high court judge to appeal the decision made last month which would see businesses at the park …
01.04.2022 - 15:47
Business
Business Live
North East technology from Kromek used to protect NATO from dirty bombs
Tech firm Kromek kept heads of state safe at the recent NATO summit in Brussels after its nuclear-detection devices were deployed across the city. The Sedgefield company’s D3S “dirty bomb” radiation detectors have previously been used to protect world leaders, including two former US presidents. Last week 30 NATO heads of state gathered in Brussels, …
01.04.2022 - 15:21
Business
Business Live
Springing a career move – 35 appointments not to miss on the Humber
With spring well in the step, many in business on the Humber are blossoming in new roles in the season of new life. The first few months of 2022 have been a hive of activity in recruitment circles, with promotions, switches and new-starts aplenty. Here we look at the major moves not to miss in …
01.04.2022 - 15:00
Business
Business Live
Dragons’ Den appearance for Tyneside sisters’ firm Pretty Mama sparks rush of orders
A North East fashion start-up has been inundated with orders after braving the Dragons’ Den and leaving with a deal involving four of the millionaire entrepreneurs. Jenny and Alex McFadden, of South Tyneside, appeared on last Thursday’s episode of the BBC One show, where viewers saw them pitch their maternity clothing brand Pretty Mama to …
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