The price of bread, biscuits and beer could be at risk of rising as a result of months of wet weather in the UK, a report has suggested. Harvests of crops including wheat, barley and oats may fall by more than 17% this year compared to 2023. The Energy & …
Read More »Getir ends European expansion with 1,500 UK job losses expected | Business News
Getir, the grocery delivery app, has abandoned a European expansion that is set to result in the loss of around 1,500 jobs in the UK. Sky News had previously revealed that the Turkey-based company, which means ‘to bring’ in Turkish, had successfully raised money from investors to fund its withdrawals …
Read More »UK wet weather could push up price of bread, beer and biscuits | UK News
The cost of bread, biscuits and beer could increase this year due to the impact of the unusually wet autumn and winter on UK harvests. Research suggests that production of wheat, oats, barley and oilseed rape could drop by four million tonnes (17.5%) compared with 2023. The wet weather has …
Read More »Heathrow strikes to cause ‘widespread disruption’: Full list of dates and airlines affected | UK News
Strikes at Heathrow Airport are taking place over the next few weeks, with the first one already under way. Staff at the UK’s biggest airport are set to walk out during the early bank holiday in May, with their union warning planes could be “delayed, disrupted and grounded”. Here’s what …
Read More »Sony unit backs British insurance start-up Urban Jungle | Business News
A unit of Sony, the giant Japanese conglomerate, is investing millions of pounds in a British insurance start-up which has amassed more than 200,000 customers. Sky News understands that Urban Jungle will announce this week that it has raised $14m (£?m) from existing investors including Sony Innovation Fund. The funding …
Read More »Car insurers ‘absorbing rising costs as premiums stabilise’ | Business News
The average price paid for comprehensive motor insurance rose 1% in the first quarter of the year, according to industry data indicating an easing in the steep rises seen last year. The latest tracker issued by the Association of British Insurers (ABI) showed a 1% increase on the previous three …
Read More »Jigsaw finds missing piece with $15m Exor-led round | Business News
A British artificial intelligence company which helps customers to map complex corporate transactions is raising millions of pounds to spur its growth from a vehicle backed by one of Italy’s renowned business dynasties. Sky News understands that Jigsaw, which was founded by Stephen Scanlan and Travis Leon, two former lawyers, …
Read More »New law aims to protect devices from hackers
Speakers, fitness trackers and other internet-connected devices sold in the UK now have to meet new requirements. Source link
Read More »Blackstone hits high note with new Hipgnosis bid | Business News
Blackstone, the American private equity behemoth, is this weekend finalising a revised offer to buy the company which owns the music catalogues of Shakira and the Red Hot Chili Peppers. Sky News has learnt that Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund (HSF) as early …
Read More »Digital bank Monzo expands fundraising to £500m in deal with top tech investor | Business News
Monzo, the fintech which has become one of Britain’s biggest consumer banking groups, is this weekend putting the finishing touches to an expanded fundraising involving one of the world’s best-known technology investors. Sky News has learnt that Monzo has agreed terms with Hedosophia, an early backer of Airbnb and Uber, …
Read More »First-time buyer: ‘It’s even harder to buy when you’re single’
She is not the exception; she is the norm. In 1997, the most common living arrangement for an adult aged between 18 and 34 was being in a couple with children, according to the Resolution Foundation think tank. Now, it is living with your parents. Lisa Griggs is one of …
Read More »Hunt calls Dorneywood summit to boost flagging UK stock market | Business News
Jeremy Hunt is convening a summit aimed at enticing more companies to London’s stock market amid an accelerating exodus of businesses being picked off by overseas and financial predators. Sky News has learnt that the Treasury has invited the bosses of some of Britain’s most prominent private companies to attend …
Read More »Dead whistleblower accused Boeing of safety breaches
John Barnett had been giving a formal legal deposition against the plane manufacturer before his sudden death. Source link
Read More »‘Do you have any idea of the suffering you have caused?’: Ex-Post Office boss accused of ‘lying throughout’ at inquiry | Business News
A former top Post Office executive has denied lying “throughout” her two days of testimony at the inquiry into the Horizon IT scandal. Angela van den Bogerd, who held various roles over 35 years at the organisation, told the hearing that while she did miss evidence of problems with the …
Read More »Post Office paid widow in instalments for silence, inquiry hears
The widow of a sub-postmaster who took his own life had to sign a non-disclosure agreement with the Post Office in exchange for staggered compensation payments, an inquiry has heard. The family of sub-postmaster Martin Griffiths also had to agree not to pursue legal action to try to clear his …
Read More »Post Office inquiry live: Angela van den Bogerd shown letter blaming PO for postmaster’s death
Post Office inquiry live: Angela van den Bogerd shown letter blaming PO for postmaster’s death – BBC News BreakingBreaking news Close breaking news Summary Angela van den Bogerd, a director at the Post Office for years, is giving evidence for a second day She’s been shown a letter from 2013 …
Read More »World’s biggest 3D printer whirs into action
Large 3D printers, such as that unveiled in Maine, are more like to be used to make parts of houses rather than full homes, says Dr Eujin Pei, who is an expert in additive manufacturing at Brunel University. He says they can be used for historical restoration, “not to print …
Read More »Post Office inquiry live: Angela van den Bogerd shown letter blaming PO for postmaster’s death
Post Office inquiry live: Angela van den Bogerd shown letter blaming PO for postmaster’s death – BBC News BreakingBreaking news Close breaking news Summary Angela van den Bogerd, a director at the Post Office for years, is giving evidence for a second day She’s been shown a letter from 2013 …
Read More »Anglo American rejects £31bn mega-deal with rival BHP
Anglo American has rejected a £31.1bn takeover proposed by rival miner BHP, branding it “highly unattractive” and “opportunistic”. BHP confirmed on Thursday that it had approached Anglo American about a deal which would create the world’s largest copper producer. But Anglo American has rebuffed the approach, in particular the plan …
Read More »Post Office inquiry live: Angela van den Bogerd shown letter blaming PO for postmaster’s death
Post Office inquiry live: Angela van den Bogerd shown letter blaming PO for postmaster’s death – BBC News BreakingBreaking news Close breaking news Summary Angela van den Bogerd, a director at the Post Office for years, is giving evidence for a second day She’s been shown a letter from 2013 …
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