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Competition watchdog launches investigation into Google
Google could be required to hand over data it collects to businesses as the UK competition regulator launched an investigation into the tech giant. The Competition and Markets Agency (CMA) said it launched the inquiry to assess how Google‘s search and advertising services impact users and businesses such as advertisers, news websites, and rival search …
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Sky News
Foreign and culture secretaries recruit bosses to new Soft Power Council
The former chief of the defence staff, the head of the BBC’s commercial arm and the chair of the Football Association are among the notable figures lined up to aid government efforts to deploy Britain’s ‘soft power’ more effectively on the global stage.Sky News has learnt that General Sir Nick Carter, Tom Fussell and Debbie …
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Sky News
Farage and Candy to host £25,000-a-head Reform fundraiser
The Reform UK leader Nigel Farage will host a £25,000-a-head fundraiser later this month, weeks after his new treasurer – the property billionaire Nick Candy – pledged to secure more money for the party than any other in British political history.Sky News has seen an invitation to a central London venue on 28 January at …
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Sky News
Plans to drill UK’s largest untapped oilfield obstructed in court
Plans to develop the UK’s largest untapped oilfield have been frustrated in a major climate court case.A Scottish court ruled the previous Conservative government acted “unlawfully” when it green-lit the offshore Rosebank oilfield and smaller Jackdaw gas project. The cases could eventually still go ahead. But the judge said the original assessments of the projects’ …
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Ocado Retail celebrates record-breaking year driven by strong Christmas sales
Ocado Retail reported a significant surge in sales in the weeks leading up to Christmas, outpacing the broader market with double-digit revenue and customer growth. The company, a joint venture between Ocado and Marks and Spencer, announced a 17.5 per cent increase in revenue in the 13 weeks leading up to 1 December, according to …
Business
Sky News
Starbucks reverses store policy with UK impact unclear
Starbucks has reversed its North American policy allowing people to sit in stores and use the loo without buying anything. Patrons in the US and Canada now must buy something or leave. Starbucks did not respond to questions about the impact the policy change could have on its UK shops.Sky News asked if there was …
Business
Sky News
Calls for rent caps within tenancies
Campaigners are calling on the government to allow rents to be capped within tenancies as a key bill returns to the Commons.More than 30 MPs have backed an amendment to the Renters’ Rights Bill which, if passed, would restrict how much landlords can raise rents on sitting tenants by limiting percentage increases to inflation or …
Business
Sky News
Has Rachel Reeves crashed the economy?
👉 Listen to Sky News Daily on your podcast app 👈 Chancellor Rachel Reeves is not having the easiest time reining in the economy. Last week saw markets turn against Labour’s economic strategy – with the cost of government borrowing surging and the pound dropping to its lowest value against the dollar since November 2023. …
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Sky News
Starmer says Treasury will be ‘ruthless’ in cutting spending amid market turmoil
Sir Keir Starmer has said the Treasury will be “ruthless” in cutting government spending as market turbulence continues.Responding to a question about the economic situation from Sky News’ political editor Beth Rigby, he said: “The number one mission of this government is economic growth. “And that was run through the budget, but there’s much more …
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Sky News
FSB urges watchdogs to heed Starmer growth edict
Britain’s leading small business group has issued a clarion call to economic watchdogs to heed Sir Keir Starmer’s edict to tear up regulatory barriers to growth with a fresh list of demands for reform.Sky News has obtained a letter from the FSB to more than half a dozen regulators, including Ofgem and the Financial Conduct …
Business
Sky News
Revolut founder Storonsky lands £350m bonanza from digital banking giant
The billionaire founder of Revolut has reaped a £350m windfall from the disposal of shares in the fintech giant after the company extended a deal to allow existing investors to offload part of their holdings.Sky News has learnt that Nik Storonsky has sold well over $400m (£330m) of stock in the digital banking and payments …
Business
Sky News
Novelist opens up about mental health and financial difficulties – and one thing you can’t get a book deal without
Each Monday, our Money team speaks to someone from a different profession to discover what it’s really like. This week we chat to Lancashire-born author Katy Regan, whose five novels have been translated into multiple languages.People think my job is… Making up stories. They’re right – but sometimes it feels more like crafting a very difficult …

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