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04.04.2022 - 08:49
Business
Sky News
Ted Baker up for sale as bid interest in fashion chain intensifies
Fashion retailer Ted Baker has launched a formal sale process after receiving an improved takeover proposal and new bid interest.The company revealed to the City on Monday morning that private equity firm Sycamore – whose bid interest was first revealed by Sky News – had raised its unsolicited proposal for a third time, but did …
03.04.2022 - 23:23
Business
Sky News
Passengers stranded as staff COVID cases force easyJet to cancel hundreds of flights
More than 200 flights were cancelled by easyJet over the weekend, with dozens more grounded on Monday, leaving some passengers stranded amid resurgent coronavirus-related disruption for travellers.The budget airline blamed the cancellations on staff shortages caused by COVID-19. It said it had made efforts to combat the shortages by “rostering” standby crew over the weekend …
03.04.2022 - 14:42
Business
Euro News
From Ronin to Mt.Gox: These are crypto’s biggest hacks and heists since Bitcoin was created in 2008
03.04.2022 - 13:18
Business
Sky News
Ministers prepare to take control of giant Gazprom retail supply arm within days
The government is preparing to nationalise Gazprom’s British supply arm within days amid a stand-off between the Russian state-controlled energy firm and a Wall Street banking giant.Sky News has learnt that ministers are drawing up plans to take Gazprom Marketing & Trading Retail (GM&T) into public hands if it fails to reassure financial counterparties about …
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 …
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