Category : Sky news

Category : Sky news - Business

Hospitality chiefs urge Sunak to 'stand ready' with new support package

Hospitality chiefs have urged the chancellor to prepare a new financial support package for the industry even as remaining restrictions on their operations are lifted in the coming weeks.

Minister defends 'cautious' holidays restart amid industry criticism

A cabinet minister has defended the "cautious start" to reopening international holiday travel in the face of industry demands to expand the quarantine-free green list of foreign destinations.

Lloyds plots £400m takeover of savings group Embark

Britain's biggest high street lender is in advanced talks about its biggest corporate acquisition since it was returned to full private ownership four years ago.

Post Office contacts hundreds more postmasters who may have been wrongfully prosecuted

Efforts are being made by the Post Office to trace hundreds of people who may have been wrongfully convicted as a result of a computer scandal that caused Britain's biggest miscarriage of justice.

Rolls-Royce restarts Bergen sale after Norwegian state veto

Rolls-Royce Holdings has restarted the auction of its maritime engine manufacturing division after the Norwegian government vetoed its sale to a Russian-based buyer.

BA owner lists four priorities for travel restart as losses ease

The parent firm of British Airways (BA) has demanded government action in "four key areas" to help facilitate the restart of foreign travel while revealing a reduction in first quarter losses.

Boycott threatened over Shell's sponsorship of Science Museum carbon capture exhibition

Climate activists say they'll call for people to boycott a new exhibition at London's Science Museum if the oil company Shell isn't dropped as a major sponsor.

'Accidental' boom in cannabis products could see annual sales hit £690m

Sales of consumer cannabis products have undergone an "accidental" boom during the pandemic that will see the popularity of cannabinoids exceed the market for Vitamins B and C combined, according to industry groups.

Uber hit with $600m UK drivers' bill after being forced to classify them as workers

Uber has set aside $600m (£430m) to resolve "historical claims" relating to its private hire drivers in the UK after it lost a legal battle over their employment rights.

UK to send two Royal Navy ships to Jersey over threat of French blockade of island port

The UK is sending two Royal Navy ships to Jersey "as a precaution" after threats of a French blockade of the island's main port over a post-Brexit fishing row.

Ex-ITV chief Lord Allen lined up to chair Balfour Beatty

Balfour Beatty, one of Britain's biggest construction groups, is lining up Lord Allen of Kensington, the former ITV chief executive, as its next chairman.

What are your holiday options? COVID-19 infection and vaccination rates for tourism hotspots revealed

The UK government is set to relax restrictions for visiting a handful of countries under a new traffic light system, with ministers expected to say which countries will be on the "green list" as soon as Friday.

'People don't like commuting - so what?' - Wall Street bosses take a dim view of working from home

Jamie Dimon has spoken.

Liberty Steel appoints team to accelerate shake-up at troubled business

Liberty Steel has appointed four new directors to "accelerate the restructuring and refinancing" of the troubled business.

Canadian giant OMERS plots bid for CityFibre stake

One of Canada's biggest pension funds is plotting a bid for a big stake in CityFibre Holdings, the telecoms infrastructure group targeting a £4bn investment programme by 2025.