Category: Business

Millions of mobile phone and internet users are facing a price increase of 17.3% on their bills in just a week’s time. Every April, many broadband and mobile firms raise…

Ziglu, a British cryptocurrency business, is exploring a cut-price sale nearly a year after agreeing an ultimately aborted takeover by Robinhood, the American fintech giant. Sky News has learnt that…

A national strike is taking place in France after President Emmanuel Macron’s circumvention of parliament to pass the divisive pension bill which would raise the retirement age by two years.…

Cenkos Securities and finnCap Group, the London-listed brokers, are in advanced talks to merge in an all-share deal that will create the City’s biggest dedicated investment bank serving small-cap growth…

Professor Sir John Bell, the scientist who served as Boris Johnson’s COVID testing tsar, has quit the investment company which backs start-ups created from Oxford University’s academic research. Sky News…

Ian King examines the latest inflation figures with Sky’s business correspondent, Gurpreet Narwan. Ian speaks to the chief executive of Openreach about government targets to deliver nationwide superfast broadband by…

The surprise increase in inflation will give policymakers pause for thought. Just days ago, inflation appeared to be coming down nicely and some were talking down the chances of another…

A Swiss regulator’s decision to prioritise shareholder value over certain bondholders in the forced takeover of Credit Suisse could result in legal action, a law firm has warned. Quinn Emanuel…

Embattled Credit Suisse has told its staff there is “no immediate change” to their jobs and it plans to complete bonus payments ahead of the bank’s forced takeover by its…

Ian King dissects the takeover of Switzerland’s second-biggest bank, Credit Suisse and asks what it means for the financial world. Ian’s joined by the director of property science at Rightmove,…

UBS will take over Credit Suisse in a deal aimed at stemming what was fast becoming a global crisis of confidence. Credit Suisse, the 167-year-old embattled lender had been brought…

Atom Bank, the app-based lender, has kicked off a search for a new chair as preparations for a long-awaited public listing of its shares gather pace. Sky News has learnt…

Credit Suisse has said it will borrow up to 50bn Swiss francs (£44.5bn) from the Swiss central bank to shore up its liquidity. The bank said it was “taking decisive…

Robots can improve mental wellbeing in the workplace, but only if they look right, research suggests. A study by the University of Cambridge found that people who interacted with robots…

McLaren Group, the supercar manufacturer and Formula One team-owner, has received a £70m funding boost from investors in the first stage of a wider capital-raising plan. Sky News has learnt…

Technology investors and founders representing over £560bn in capital raised and fund assets under management have expressed relief about the rescue of Silicon Valley Bank UK in an open letter…

The government’s savings bank is weighing the appointment of Dax Harkins, its new interim boss, as its next permanent chief executive. Sky News has learnt that National Savings & Investments…

Men’s belts and electric bikes are in while many CDs and alcopops are out, in the annual update to the basket of goods and services used to calculate inflation. The…

The Treasury is this week expected to deliver a £1bn-plus devolution boost to Andy Street, the West Midlands mayor. Sky News understands that the chancellor, Jeremy Hunt, will outline plans…

Markets have not been reassured by HSBC’s purchase of the beleaguered Silicon Valley Bank UK (SVB UK). While the pound is up, to a three-week high of $1.2089, it’s a…