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Deadline for Chelsea sale passes – here’s who submitted offers to buy the club
The 9pm Friday deadline for bids to buy Chelsea has passed, with consortiums led by Nick Candy, the Ricketts family and Sir Martin Broughton and Lord Sebastian Coe among the bidders. The sale has come amid UK and EU sanctions on Roman Abramovich following Russia’s invasion of Ukraine, with Chelsea also under a number of …
Business
Sky News
Increases in food prices ‘inevitable’ as Ukraine war hits production costs
There’s a warning increases in food prices are “inevitable” as production costs soar due to the war in Ukraine.It comes as farmers warn the impact on their industry has been “seismic”. Michael Oakes, Dairy Board chairman for the National Farmers’ Union, told Sky News: “I don’t think anybody in my generation’s ever seen anything like …
Business
Business Live
Fortel’s D&I push sees it crowned Company of the Year
An employment agency which supplies staff to the construction industry across the UK has been crowned Company of the Year at our annual business awards. Fortel, which is headquartered in Walsall, places thousands of agency staff at more than 130 locations and also trains the next generation of industry workers. It won our brand new …
Business
Sky News
Candy lines up South Korean backing for Chelsea bid
The London property entrepreneur Nick Candy is lining up backing from two South Korean groups as he prepares to lodge a takeover bid for Chelsea Football Club.Sky News has learnt that Hana Financial Group, a major Seoul-based lender, and C&P Sports, a sports management firm, were on Friday in discussions about joining Mr Candy’s bidding …
Business
Business Live
Newcastle city centre developments to provide 18,500 new jobs
International investors being wooed to key developments in the North East have been told that Newcastle’s biggest city centre regeneration scheme in a generation is set to create more than 18,500 North East jobs. The East Pilgrim Street scheme marks one of the largest schemes the Invest Newcastle team has unveiled on the world stage …
Business
Sky News
Buyout giant Apax has head in clouds with ClearBank backing
One of Britain’s leading financial technology companies is close to securing more than £175m in funding led by the digital investment arm of Apax Partners, the private equity firm.Sky News has learnt that Apax Digital is to spearhead a capital injection for ClearBank, which is run by chief executive Charles McManus. The deal, which will …
Business
Business Live
Northern Ireland retailers able to cope with P&O Irish Sea halt, for now
Northern Ireland’s biggest retailers are coping with the sudden halt to P&O’s Irish Sea services but have called for the ferry company to resume sailing as soon as possible to prevent supply issues. The Northern Ireland Retail Consortium (NIRC) – which represents major grocery retailers such as Tesco, Sainsburys and Asda, as well as non-food …
Business
Business Live
Northern Ireland agri-food sector needs to urgently focus on food security – Poots
Soaring costs for fertiliser and feed as a result of the war in Ukraine mean Northern Ireland’s agri-food sector needs to urgently develop home-grown and sustainable inputs to preserve its food security. That’s according to Northern Ireland agriculture minister Edwin Poots who said the industry is in an escalating crisis. He was speaking after meeting …
Business
Business Live
BBC’s The Apprentice names finalists for 2022 following first all-female semi-final
The BBC’s hit business show The Apprentice has revealed its finalists for 2022. In the latest episode, which aired on Thursday (March 17), the final four battled it out to convince Lord Sugar their business plan was worth an £250,000 investment. In the much-anticipated interview round – the first ever all-female semi-final – Brittany Carter, …
Business
Sky News
Put the brakes on and keep the car in the garage on Sunday to ease oil shock, says IEA
Lower speed limits, more home working and car free Sundays could help the world avoid a damaging oil supply crunch caused by the Ukraine war, the International Energy Agency (IEA) has said.The intergovernmental body also urged motorists to adopt more car sharing and ease off on air conditioning in vehicles as part of a ten-point …
Business
Sky News
‘Cash machine’ BP more than doubles boss’s pay to £4.46m as energy prices surge
BP boss Bernard Looney has seen his annual pay more than double to £4.46m as the energy giant’s profits were boosted by soaring oil and gas prices.The scale of Mr Looney’s 2021 remuneration, up from £1.74m a year earlier, is likely to reignite calls for a windfall tax on North Sea energy giants to help …
Business
Sky News
BP more than doubles boss’s pay to £4.46m as energy prices surge
BP boss Bernard Looney has seen his annual pay more than double to £4.46m as the energy giant’s profits were boosted by soaring oil and gas prices.The scale of Mr Looney’s 2021 remuneration, up from £1.74m a year earlier, is likely to reignite calls for a windfall tax on North Sea energy giants to help …

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