Sky Business News

Subscribe to Sky Business News feed Sky Business News
Updated: 2 hours 2 min ago

'Uninvestable' Thames Water receives buyout offer from Covalis Capital

Fri, 06/12/2024 - 08:52
The UK's biggest water provider has received another bid, despite having declared itself "uninvestable".

Direct Line set to accept sweetened Aviva takeover bid

Fri, 06/12/2024 - 07:25
One of the UK's biggest insurers could get even bigger as Direct Line looks set to accept a sweetened £3.61bn takeover bid from Aviva.

The electric shock behind Europe's stuttering EV future

Fri, 06/12/2024 - 00:01
Across Europe, car companies are cutting jobs and shutting factories - to the extent that some question their very existence. So it's worth asking the question: what's gone wrong with Europe (and for that matter America's) car industry?

HMRC weighs vote against Gupta's UK steel restructuring

Thu, 05/12/2024 - 16:58
Britain's tax authority is contemplating voting against a court-led restructuring of the steel operations owned by Sanjeev Gupta.

M&S wins four-year fight to rebuild flagship London store

Thu, 05/12/2024 - 16:14
Marks & Spencer has been told it can demolish and rebuild its flagship London store, 18 months after its plans were blocked by the previous government.

Electric vehicles make up one in four new cars sold - as industry demands sales help

Thu, 05/12/2024 - 14:37
Battery electric vehicles (BEVs) accounted for 25% of new car registrations in November, an almost 60% increase year-on-year - and well above a government target manufacturers have called on ministers to relax.

Thames Water creditors fail to get veto over fine payments

Thu, 05/12/2024 - 12:26
Thames Water's largest creditor group has failed to secure a veto over whether a £3bn emergency funding injection is used to settle regulatory fines imposed for a string of environmental and performance failings.

SpaceX rivalry prompts Airbus to cut 2,000 jobs including hundreds in UK

Thu, 05/12/2024 - 11:12
Airbus has revealed just over 2,000 job losses across its space and defence division, with 477 roles affected in the UK, amid tough competition from US rivals including Elon Musk's SpaceX.

UK's electric vehicle market is doing better than you might think

Thu, 05/12/2024 - 10:41
To listen to UK car manufacturers in recent weeks has been to hear a counsel of despair over the electric vehicle market.

Food supply chain start-up Cerve lands £3.5m seed funding

Thu, 05/12/2024 - 10:29
A food supply chain technology start-up which aims to drive reductions in waste has landed millions of pounds in funding from a syndicate of investors.

UK biggest phone network created as Three-Vodafone merger gets conditional approval

Thu, 05/12/2024 - 07:09
The competition watchdog has approved the creation of the UK's biggest phone network by allowing the merger of Three and Vodafone.

Bitcoin hits new milestone

Thu, 05/12/2024 - 04:04
The world's biggest cryptocurrency, Bitcoin, has been valued at more than $100,000 for the first time, spurred on by Donald Trump's latest nomination for his presidential team.

Why Guinness is limiting supplies for pubs

Wed, 04/12/2024 - 17:50
The owner of Guinness is understood to have placed limits on pub and bar purchases of the Irish-made stout in the UK following a rush of sales, which has reportedly sparked some panic buying ahead of Christmas.

Could no and low-alcohol beer save the British pub?

Wed, 04/12/2024 - 17:22
Soaring costs and customers watching their spending is putting the hospitality industry under intense pressure, but for the traditional British pub there could be an unlikely saviour.

Mike Ashley's Frasers and B&M face FTSE 100 relegation

Wed, 04/12/2024 - 17:12
Fraser's Group, the retail giant controlled by Mike Ashley, and the discounter B&M are to be relegated from the UK's top flight share index.

Digital bank Zopa cements unicorn valuation with £80m raise

Wed, 04/12/2024 - 16:49
Zopa, the British-based digital bank, is to cement its status as a home-grown technology unicorn with an £80m fundraising which includes money from an arm of the vast AP Moller conglomerate.

Parcel delivery giant Yodel hit by festive capacity crisis

Wed, 04/12/2024 - 15:10
One of Britain's biggest parcel carriers has been hit by a capacity crisis at the start of the crunch festive trading period, forcing it to urge key customers to divert business to rival delivery firms.

Bank of England governor frets over impact of budget on businesses and Trump's return

Wed, 04/12/2024 - 13:01
Business reaction to the budget is the "biggest issue" facing the Bank of England, according to its governor - while he also contemplates the impact of Donald Trump's looming return to the White House.  

Two-child benefit cap to be scrapped in Scotland under SNP's budget plans

Wed, 04/12/2024 - 11:15
Scotland has vowed to scrap the two-child benefit cap, saying it will lift 15,000 Scottish children out of poverty.

Britons face two years of record high flight costs

Wed, 04/12/2024 - 10:00
A shortage of aircraft and engine construction difficulties could mean consumers face a further two years of record flight prices.

Pages

100% Local Radio for Sittingbourne