The investor trying to take control of Everton Football Club has pushed back its target date for completing the deal as it scrambles to raise hundreds of millions of pounds to fund it. Sky News has learnt that 777 Partners has told stakeholders, including the Premier League and prospective lenders, …
Read More »Boss denies defrauding blind workers' pensions
Nicholas Marks, 56, from Beaconsfield, is accused of fraud by not paying workers’ wages and pensions. Source link
Read More »Ian King Business Podcast: Tesco, Shipping and JustPark | Business News
On today’s show, Tesco has reported a sharp rise in annual profits. It posted an adjusted operating profit of £2.83bn for the year to the end of February – up 11% on the previous year. Ian King speaks to Andrew Gossage, chief executive of homewares supplier Ultimate Products, about shipping …
Read More »US inflation jumps as fuel and housing costs rise
Inflation was 3.5% in March, a sign that cooling has stalled and interest rate cuts may be delayed. Source link
Read More »Search continues for new Entain boss after one of favourites rules himself out | Business News
For the last four months, one of the biggest talking points in the betting and gaming industry has been who will become the next chief executive of Entain, the FTSE-100 combine whose businesses include Ladbrokes, Coral, Gala Bingo, Bwin and BetMGM. The post was vacated when, 11 days before Christmas, …
Read More »Post Office inquiry live updates: Lord Arbuthnot giving evidence
Post Office inquiry live updates: Lord Arbuthnot giving evidence – BBC News BreakingBreaking news Close breaking news Summary The Post Office inquiry hears from Lord Arbuthnot, a leading supporter of the campaign for justice for hundreds of wrongly convicted sub-postmasters He says he was not satisfied with a “brush off” …
Read More »Post Office inquiry live updates: Lord Arbuthnot giving evidence
Post Office inquiry live updates: Lord Arbuthnot giving evidence – BBC News BreakingBreaking news Close breaking news Summary The Post Office inquiry hears from Lord Arbuthnot, a leading supporter of the campaign for justice for hundreds of wrongly convicted sub-postmasters He says he was not satisfied with a “brush-off” reply …
Read More »Focus Group founders dial up £800m sale to private equity firm Hg | Business News
The founders of a business telecoms and IT services provider are on the brink of toasting a nine-figure windfall after entering advanced talks to sell it to one of Britain’s leading private equity firms. Sky News has learnt that Focus Group is close to signing a deal to sell a …
Read More »Passport price to rise for second time in 14 months
The cost of applying for a new passport, as well as renewing one, goes up from midnight on Thursday. Source link
Read More »US licence partner OSL eyes Ted Baker’s UK arm | Business News
Ted Baker’s American licensing partner is a leading contender to take control of the fashion brand’s British operation weeks after it collapsed into administration. Sky News has learnt that OSL, which was appointed to run Ted Baker’s US retail business just over a year ago, is a frontrunner to take …
Read More »Post Office inquiry live updates: Lord Arbuthnot giving evidence
Post Office inquiry live updates: Lord Arbuthnot giving evidence – BBC News BreakingBreaking news Close breaking news Summary The Post Office inquiry is hearing from Lord Arbuthnot, a leading supporter of the campaign for justice for hundreds of wrongly convicted sub-postmasters He was the MP for one of the accused, …
Read More »Tesco profits and revenues increase with inflation ‘lessened substantially’ | Business News
Profits at Tesco reached £2.83bn – up more than £300m from a year earlier – as the UK’s largest supermarket group said it had brought down prices. More people are shopping at Tesco, due to improved product value and quality, the company said. Profits topped £2.83bn last year, up from …
Read More »Tesco says price pressures easing as profits soar
The UK’s biggest supermarket chain made annual pre-tax profits of nearly £2.3bn up from £882m. Source link
Read More »More than seven million people still struggling with bills and credit repayments, says FCA | Business News
More than seven million people in the UK were struggling with bills and credit repayments in January, according to a financial watchdog. The number is down significantly on the 10.9 million people in the same position in January 2023. However, it’s still above the 5.8 million recorded in February 2020, …
Read More »More than 7 million adults still struggling to pay bills, survey finds
In response to the FCA’s findings, Conor D’Arcy, interim chief executive of the Money and Mental Health Policy Institute, said it was “encouraging” that the number of people struggling with bills had dipped but added with millions still behind on payments, “the impact of the cost of living crisis on …
Read More »Boeing hit after new whistleblower raises concerns
Boeing shares dropped almost 2% after concerns were raised over its 787 and 777 jets. Source link
Read More »Post Office hero Alan Bates had seemingly been preparing for this day from the start | UK News
In Mr Bates Vs The Post Office, the ITV drama that introduced the scandalous treatment of sub-postmasters to a mass audience, Toby Jones portrayed its eponymous hero as stubborn, acerbic and indefatigable. Appearing at the public inquiry that would not be happening without him, the real-life Alan Bates was all …
Read More »Ian King Business Podcast: Helium and Ultimate Products | Business News
On today’s episode, Ian chats with Bo Sears from US-based company Helix Exploration about the value of Helium. Also on the show is Andrew Gossage from Ultimate Products after the firm reported pre-tax profit of £9.5m for the six months to the end of January. Listen and subscribe to The …
Read More »Spain to axe 'golden visas' scheme
A total of 6,200 visas were issued under the scheme, which was introduced in 2013 after the eurozone crisis. Source link
Read More »Four-day week ‘risks widening inequalities’, according to group exploring pilot in Wales | UK News
A four-day working week risks “widening existing inequalities”, according to a group tasked with exploring a potential Welsh pilot. The Welsh government commissioned the group to look at the possibility of introducing the new work pattern. But a report has found the gap could be widened between those who work …
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