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28.02.2025 - 12:56
Business
Sky News
Kick It Out chair Bhandari shortlisted to head new football regulator
The chairman of Kick It Out, the football anti-racism charity, has been shortlisted to become the first head of Britain’s proposed new Independent Football Regulator (IFR).Sky News has learnt that Sanjay Bhandari is among three remaining candidates being considered by the government to chair the watchdog. A decision is expected in the coming weeks, and …
28.02.2025 - 10:09
Business
Business Live
Company to fund £1.3m new pitch at Cinderford Rugby Club
A historic Gloucestershire rugby club has secured planning permission to install a new £1.35m state-of-the-art pitch. The work at Cinderford Rugby Club is being fully funded by construction company KW Bell Group, which is headquartered in the town. The so-called ‘3G pitch’ is an artificial rugby field built to World Rugby regulation 22 standard, with …
28.02.2025 - 09:33
Business
Sky News
Banks defend digital banking investment as payday glitch chaos strikes again
The banking sector is “investing heavily” in digital platforms, according to the body which represents the country’s lenders as many face a backlash over the latest payday glitch chaos to hit customers.Millions were exposed on Friday to varying challenges from slow app or online banking performance to being blocked out of their accounts altogether. Users …
28.02.2025 - 06:30
Business
Sky News
Trump’s China tariff escalation spooks global markets
Donald Trump’s threats of additional trade tariffs against China, on top of the 10% hike imposed earlier this month, have contributed to a widespread stock market sell-off.Sentiment was already sour on the tariff front, given the spectre of 25% import duties being slapped on the EU, before the US president confirmed his intention to target …
28.02.2025 - 04:12
Business
Sky News
Donald Trump opens door to US-UK ‘real trade deal’ in meeting with Starmer
Donald Trump has opened the door to a possible US-UK trade deal without tariffs after a meeting with Prime Minister Sir Keir Starmer.As part of a European charm offensive launched to secure a lasting peace in Ukraine, following on from French President Emmanuel Macron’s own trip on Monday, Sir Keir met the US president at …
27.02.2025 - 12:18
Business
Sky News
Disgraced former Co-op Bank boss jailed for three years
The disgraced former chair of the Co-op Bank, Paul Flowers, has been jailed for three years on fraud charges.The 74-year old, who was forced out of the lender in 2013 amid claims of inappropriate expenses and illegal drugs allegations, admitted 18 counts of fraud worth nearly £100,000. Flowers, also a former Methodist minister, committed the …
27.02.2025 - 11:33
Business
Sky News
Ex-Manchester United chief Woodward pitched Eagle Football role
Ed Woodward, the former Manchester United chief, has been approached about joining the vehicle which owns stakes in clubs including Crystal Palace and Olympique Lyonnais.Sky News has learnt that Mr Woodward, who left Old Trafford in 2022, a year after United’s involvement in the ill-fated European Super League project, is being lined up as an …
27.02.2025 - 10:15
Business
Business Live
Serco reports 10% jump in operating profit despite £115m charge
Serco, the global provider of public services, has reported a revenue of £4.8bn for 2024, in line with previous guidance, due to significant organic growth, particularly in its North American Defence business. The company’s underlying operating profit grew by 10 per cent to £274m, with a substantial 30 per cent increase in the second half …
27.02.2025 - 05:55
Business
Sky News
Nvidia signals strong AI chip demand despite DeepSeek threat
Nvidia has signalled no drop in demand for its flagship chips among big artificial intelligence (AI) spenders despite the low-cost challenge posed by Chinese rival DeepSeek.The leading AI chipmaker said it expected Blackwell sales to continue to grow after its latest earnings beat market expectations. Nvidia forecast revenue of around $43bn (£34bn) for its first …
26.02.2025 - 11:19
Business
Sky News
Gatwick second runway supported but decision deadline extended
The government has signalled that plans to bring a second runway at Gatwick into regular use will get the green light if environmental conditions are met.Transport Secretary Heidi Alexander said she was “minded to approve” the airport’s plans but the deadline for a decision had now been pushed back until the end of October. The …
26.02.2025 - 10:59
Business
Sky News
Heathrow in talks with airlines about terminal shake-up
Heathrow Airport is in talks with scores of airlines including British Airways about a once-a-decade overhaul of its occupancy – which could lead to some being forced to relocate their long-standing bases.Sky News has learnt that Heathrow has opened negotiations with the 82 carriers which fly from the airport with a view to implementing operational …
26.02.2025 - 10:19
Business
Business Live
Morgan Sindall issues dividend hike as annual revenue hits record
UK construction and regeneration group Morgan Sindall has announced record results for the year ending 31 December 2024. The group saw a 10% rise in revenue to £4.55bn, while adjusted operating profit climbed 15% to reach £162.6m, as reported by City AM. Adjusted profit before tax also increased by 19% to £172.5m, with adjusted earnings …
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