Category : Sky news

Category : Sky news - Business

HS2 explained: What is it and why are parts being delayed?

HS2 is the UK's biggest infrastructure project, supposed to transform public transport between London, the Midlands and the North.But it is becoming synonymous with political football, disappointment, delays and spiralling costs. It's b...

Morrisons boss can leave with head held high and release the hand tied behind his back

It is tempting to speculate what David Potts, whose departure as Morrisons chief executive was announced today, might have achieved in the role had the grocer not been acquired by private equity owners at the end of 2021.The £7bn takeov...

Rosebank won't make enormous difference to UK economy - but the politics are significant | Ed Conway

The timing could hardly be any more provocative.Barely 24 hours after the International Energy Agency (IEA) reiterated in a new piece of analysis that there was no need for new oil or gas projects if the world is to get to net zero, Bri...

North Sea Oil, wine and the Sunshine State

On today's episode, Ian King discusses the development of Rosebank - the UK's largest untapped oil and gas field. He also speaks to the Mayor of Jacksonville about investment in Florida.And Ian chats to the chief executive of Chapel Do...

FA proposes £15m WSL loan in bid to break funding impasse

The Football Association (FA) has offered to lend £15m to fund the creation of a new holding company for the commercial activities of the women's professional game after months of talks about how to fund its expansion.Sky News has learn...

BA pilot sacked after pre-flight cocaine binge

A British Airways pilot has been sacked after reports he snorted cocaine off a topless woman before trying to fly a passenger plane back to London.Married pilot Mike Beaton boasted about his antics to a stewardess who raised the alarm,...

Former Mirror chief Montgomery assembles backing for Telegraph bid

David Montgomery, the former Mirror newspapers chief, is putting the finishing touches to a line-up of City advisers that he hopes will help him outgun rivals in an auction of The Daily Telegraph.Sky News has learnt that National World,...

JPMorgan reaches settlement with ex-Barclays chief in Epstein case

America's largest bank says it has resolved its final lawsuits relating to the Jeffrey Epstein scandal, including a case it brought against former executive Jes Staley.JPMorgan Chase has faced a series of claims related to disgraced fin...

The warning signs that the battle against inflation is far from won

The bond markets, for understandable reasons, attract less media scrutiny than equity markets.A big fall in the stock market feels somehow more tangible, more close to home, to the man or woman on the Clapham omnibus - even though their...

High speed rail, airport scanners and water bills

On today's episode, Sky's Ian King speaks to the chief executive of construction firm Mace about reported plans to axe part of the HS2 rail line.He also discusses the water regulator's orders to cut bills in England and Wales as a punis...

Meta surrenders lease on office in London

Meta has "surrendered" the lease on one of its London offices as tech firms continue efforts to slash costs.The parent firm of Facebook and Instagram let the space at 1 Triton Square from British Land, the FTSE 250 commercial property c...

Rotting rubbish piles up on streets as refuse workers' strike enters second week

Rotting rubbish is piling up on east London streets as a strike by refuse workers enters its second week.Thousands of bin bags, some piled six feet high, litter parts of the capital after 200 members of the Unite union walked out last M...

Crown Estate to kick off hunt for next chairman

The company which manages the monarchy's vast property interests is to kick off a search for its next chairman, firing the starting-gun on a race for one of the most prestigious posts in British real estate.Sky News has learnt that The...

Gatwick flight cancellations: What we know about impact of staff sickness

London Gatwick has put a daily cap on its flights this week, affecting both departures and arrivals.A total of around 164 flights are expected to be cancelled this week after the airport began limiting daily flights to 800 until Sunday....

Hard-up UK live music venues in 'full-blown crisis', charity warns

The UK's small music venues are experiencing a "full-blown crisis" - with many forced to close over the last year, a music charity has said.The Music Venue Trust says the future of "world-beating" artists is under threat and has asked t...