Business News - Markets reports and financial news from Sky
Articles about Business News - Markets reports and financial news from Sky
F1 champion Norris revs up with stake in premium tickets platform Seat Unique
Lando Norris, the reigning Formula One world champion, has become the latest sports star to join the illustrious share register of Seat Unique, the premium ticketing and hospitality platform.
Former CBI chair Soames handed lobby group £750,000 loan
The former head of the CBI has handed the business lobby group a six-figure loan as it continues to cut its cost base following the scandal which brought it to the brink of collapse in 2023.
Grocery inflation ticks up again - as energy costs weigh on shoppers
A closely-watched measure of grocery inflation has ticked up for a second consecutive month amid fears of an energy-led surge ahead.
UK economy to grow more than expected - but households face sharper rise in inflation, IMF says
The UK economy is set to grow faster than expected this year, though households are expected to face higher rates of inflation, according to forecasts from the International Monetary Fund (IMF).
Struggling Leicester City owners seek takeover bids this week
The Thai owners of Leicester City Football Club have asked potential bidders to submit offers this week as they seek an exit a decade after winning English football's biggest prize.
Motor finance scandal pushes auction towards Startline
One of Britain's biggest independent car finance providers is being put up for sale as the industry awaits the outcome of appeals against the City watchdog's £9bn compensation scheme.
'Frankly shocking' breaches of road rules detected in AI technology trial
Motorists have been caught driving with children on their lap and both hands on their phone rather than the wheel in a trial of AI-powered cameras.
Numbers up for Buzz Bingo as owner explores sale
The owner of one of Britain's biggest bingo chains is exploring a sale even as its boss warns that a further budget tax raid could threaten the future of the industry.
Irish property group in talks about rescue deal for Poundland
The privately owned Irish company which this week finalised the purchase of NCP, the car parks giant, has emerged as the mystery party backing Poundland's bosses as they race to agree a takeover of the discount retailer.
Ofwat lines up independent monitor for troubled South East Water
Britain's water regulator is lining up advisers to oversee the performance of troubled South East Water, days after the company sought to curb non-essential use by thousands of business customers.
Football chiefs hold new summit over £180m-a-year deal
English football chiefs have held fresh talks aimed at securing a landmark £180m-a-year deal to distribute some of the Premier League's wealth to the rest of the professional game.
Sainsbury's held talks about merger with supermarket rival Morrisons
J Sainsbury held merger talks with rival grocer Morrisons earlier this year - a deal that would have represented the most significant tie-up in the sector for more than five years.
TalkTalk rescue by BT to face regulatory scrutiny
The culture secretary has ordered the competition regulator to investigate the planned rescue of ailing broadband supplier TalkTalk by BT Group.
Supermarket giant Tesco weighs shock takeover bid for Majestic Wine
Tesco is exploring a surprise move to buy Majestic Wine Group, Britain's biggest specialist wine chain - a deal which would further expand the supermarket giant's retail footprint.
City steps up opposition to Healey bank tax raid in budget
Some of Britain's leading business groups are mobilising to intensify their opposition to a Treasury tax raid on the banking sector in this month's budget, days before sector chiefs meet the chancellor in person for the first time.
Kurt Geiger owner steps away from Harrods and Selfridges shoe departments
The new owner of Kurt Geiger, the women's fashion brand, is considering stepping away from the business which manages the shoe departments in Harrods and Selfridges.
Energy regulator Ofgem closes in on appointment of Jarvis as new chief
Britain's energy watchdog is closing in on the appointment of Tim Jarvis as its new chief executive, seven months after he was handed the role on an interim basis.
Healey summons UK bank chiefs to pre-budget summit next week
John Healey, the chancellor, has summoned the bosses of Britain's biggest banks for a pre-budget summit amid industry expectations of a tax raid later this month.
Travelodge 'fundamentally failed' woman sexually assaulted in hotel room
A woman who was assaulted at a Travelodge when a man was given a key card to her room was treated in a "disgraceful" way by the hotel chain, an independent review found.
Gigantic £16.5bn data centre planned for former nuclear plant site
Plans to build a gigantic £16.5bn data centre on the site of the former Chapelcross nuclear plant in Scotland have been submitted.
Ted Baker fashions high street comeback two years after closure
Ted Baker, one of Britain’s best-known fashion brands, is staging a high street comeback more than two years after its remaining standalone stores shut their doors for the last time.
Data centre would have 'horrendous' impact, protesters warn
A planned data centre in North Ayrshire would have a "horrendous" impact on heritage and biodiversity, protesters have warned.
Volkswagen braces for huge financial hit from FCA motor finance scheme
The German car giant Volkswagen is preparing to disclose a massive hit from the City watchdog's £9bn motor finance redress scheme, months after it joined a group of rivals in mounting a legal challenge to its implementation.
Bill Gates warns AI global framework talks harder than Cold War-era nuclear negotiations
Microsoft founder Bill Gates has warned that getting countries to agree on a global framework for AI could be more difficult than Cold War-era negotiations to restrict nuclear weapons.
Premier League in joint call for FIFA reform amid Infantino crisis
The Premier League and three of its top European counterparts will on Friday issue a joint call for urgent governance reform at FIFA amid the crisis engulfing its president, Gianni Infantino.
Opus Broadband returns with cut-price offer for TalkTalk retail arm
One of the suitors for the retail arm of struggling broadband provider TalkTalk Telecom Group has returned with a cut-price offer that would further increase the losses facing investors in the company.
Why record diesel prices have further to go
The price of diesel has hit a record UK high, with experts warning of a toxic cocktail of pressures set to drive the cost into uncharted territory.
Long-term benefits claimants could be banned from buying alcohol and cigarettes under Tory plans
Tesco duo reunited as Guinness-maker raids WPP for CFO
The finance chief of London-listed marketing services group WPP is quitting in the middle of its turnaround to be reunited with her former Tesco colleague, the Diageo chief executive Sir Dave Lewis.
Southern Water hit with second multi-million-pound sewage fine
Southern Water has received another fine just two months after being told to pay £7m over illegal sewage dumping.
Football financier Staveley joins board of tokenisation start-up Ctrl Alt
Amanda Staveley, the Mayfair financier best-known for her roles in takeovers of Premier League football clubs Manchester City and Newcastle United, is joining the board of Ctrl Alt, a financial infrastructure start-up.
Paramount clears hurdle to $110bn Warner Bros merger after settlement
Paramount has reached a settlement with California and other states that sued over the media giant's $110bn (£82.2bn) with Warner Bros Discovery.
Converse apologises and removes ad after backlash
Converse, the American footwear brand, has apologised for an ad which critics said evoked Ku Klux Klan imagery, saying it recognised why the image was "deeply upsetting".
Struggling Mirror publisher Reach lures turnaround veteran Whiley to board
The struggling publisher of the Daily Mirror is turning to the boardroom veteran who oversaw the recovery and sale of banknote printer De La Rue as the media group battles to revive its fortunes
Tata Steel seeks new government funding as industry crisis deepens
The UK's biggest steel company is seeking fresh government funding amid delays to the transformation of its plant in Port Talbot - a request which threatens to cast a deeper shadow over Britain's crisis-hit manufacturing sector.
British Steel losing £1.3m a day - and there is no 'credible' survival plan, MPs warn
The government must publish a "credible" plan for the future of British Steel, MPs have warned.
Data centre quartet make switch to Astor with €5bn pipeline
A quartet of executives will this week unveil a multibillion-pound European data centre venture amid urgent demand to address capacity shortfalls in AI infrastructure development.