Latest Stories All Stories

Business
Sky News
Sports rights veteran Kogan in talks to chair Starmer’s football watchdog
A media industry veteran who has helped negotiate a string of broadcast rights deals across English football has emerged as the frontrunner to head Sir Keir Starmer’s new football watchdog.Sky News can exclusively reveal that David Kogan, whose boardroom roles have included a directorship at state-owned Channel 4, is now the leading contender to chair …
Business
Sky News
How market turmoil has affected mortgages, savings, holidays and fuel
Global financial markets have been on a rollercoaster ride over the past few days, but now, with President Donald Trump having paused his “retaliatory” tariffs, the situation should stabilise.Here, we outline how the pound in your pocket has been affected. Stock markets, bonds and currencies moved sharply after Mr Trump put a 90-day pause on …
Business
Sky News
Trump has finally blinked – but it’s not the stock markets that have forced him to act
Chalk this one up to the bond vigilantes. This is the term used periodically to describe investors who push back against what are perceived to be irresponsible fiscal or monetary policies by selling government bonds, in the process pushing up yields, or implied borrowing costs. Most of the focus on markets in the wake of …
Business
Sky News
Last UK blast furnaces days from closure as Chinese owners cut off crucial supplies
​​​​​​​The last blast furnaces left operating in Britain could see their fate sealed within days, after their Chinese owners took the decision to cut off the crucial supply of ingredients keeping them running.Jingye, the owner of British Steel in Scunthorpe, has, according to union representatives, cancelled future orders for the iron ore, coal and other …
Business
Sky News
Harrods revises compensation payouts for al Fayed abuse victims
Harrods has revised the terms of a compensation scheme to be offered to hundreds of sexual abuse victims of the department store’s former owner, Mohamed al Fayed, ahead of its formal launch this week.Sky News has learnt that lawyers for Harrods have increased the maximum potential payout for survivors of Mr al Fayed from roughly …
Business
Sky News
Coulthard and Humphrey-backed TV producer Whisper screens bidders
The television production company founded by broadcaster Jake Humphrey and former racing driver David Coulthard is in talks with potential buyers about a sale.Sky News has learnt that Whisper Group, which was established in 2010 and won a BAFTA for its coverage of the Women’s Euros in 2022, is working with advisers on a deal. …
Business
Sky News
WH Smith name to disappear from the high street
WH Smith has sold its 233-year old high street business to the owner of Hobbycraft in a £76m deal.Sky News revealed in January how a sales process was under way for the arm, which employs roughly 5,000 people and has 480 stores. Modella Capital won the final stage of the auction process in a run …
Business
Sky News
Digital lender OakNorth to be parent of US bank CUB
OakNorth, the British-based digital bank, will this week unveil a milestone US deal that will pave the way for it to launch a significant expansion on the other side of the Atlantic.Sky News has learnt that OakNorth, which is chaired by the former City watchdog chair Lord Turner, will on Monday announce that it has …
Business
Sky News
Premiership Rugby rivals and CVC to fund Newcastle Falcons loan
English rugby union’s top teams and the sport’s private equity backer are in advanced talks to fund a multimillion pound loan to Newcastle Falcons to help it meet financial criteria allowing it to play next season.Sky News has learnt that the nine other Gallagher Premiership Rugby sides, which include current league leaders Bath, Saracens and …
Business
Sky News
Digital therapeutics group Strolll lands tonic of £10m funding boost
A digital therapeutics start-up which uses augmented reality (AR) glasses to aid people suffering from disorders including Parkinson’s disease and multiple sclerosis will this week announce a £10m funding injection.Sky News understands that Strolll, which was founded five years ago, has secured the new capital in a round led by IW Capital, which has backed …
Business
Sky News
Man Utd unveil plans to build new £2bn ‘umbrella’ stadium
Manchester United have unveiled plans for a new 100,000-seater stadium – the biggest in the country.Minority owner Sir Jim Ratcliffe has been vocal about his desire for a new, state-of-the-art ground ever since he purchased almost 30% of the club in February last year. United were previously examining whether to redevelop the historic Old Trafford …
Business
Sky News
Boohoo rebrands as Debenhams
Boohoo, the struggling online fashion retailer, has renamed itself Debenhams Group.The company, which has been locked in a battle with its largest shareholder Mike Ashley’s Frasers Group over direction and performance, announced a strategic review last year after the departure of chief executive John Lyttle. His successor Dan Finley said on Tuesday that a turnaround …

BusinessAT

Bringing you the latest stories from around the world

Editorial: enquiry@globalnewswiregroup.com

Social Media:

General

Resources