Business US credit card giant Capital One swoops on concierge service Velocity Black April 26, 2023 Capital One, the American credit card giant, is poised to swoop on a British luxury concierge service in a deal said to be worth hundreds of millions of dollars. Sky…
Business Microsoft blocked in bid to buy Call of Duty game makers in world record deal – but vows to respond April 26, 2023 The British competition watchdog has blocked Microsoft’s bid to buy video game maker Activision Blizzard. The Competition and Markets Authority (CMA) stopped the $68.7bn (£55bn) deal due to concerns that…
Business Food inflation, bakery prices, train ticketing April 25, 2023 Fraser McKevitt, head of retail and consumer insight at Kantar talks to Ian King about grocery prices and developing trends in our shopping habits. Plus, chief executive and co-founder of…
Business Ted Baker chief heads for exit in wake of Authentic Brands takeover April 25, 2023 The chief executive of Ted Baker is close to leaving the company six months after it was taken over by a giant American brands and entertainment conglomerate. Sky News has…
Business Planet Organic founder Elliott returns to spearhead rescue deal April 24, 2023 Renee Elliott, the founder of Planet Organic, is returning to spearhead a rescue deal for the supermarket chain she launched in 1995. Sky News has learnt that Ms Elliott has…
Business JD Sports Fashion goes shopping for retail veteran Shapland April 24, 2023 One of Britain’s most experienced retail executives is joining the board of JD Sports Fashion, part of a management shake-up aimed at improving governance under its new chairman. Sky News…
Business Software company Smoove set to join London stock market exodus April 24, 2023 A conveyancing software maker is in talks to join the growing exodus of companies from the London stock market. Sky News has learnt that AIM-listed Smoove has received several takeover…
Business Elon Musk threatens to sue Microsoft April 20, 2023 Elon Musk has threatened to sue Microsoft for allegedly using Twitter data without permission. The billionaire’s warning, via a tweet, came after the tech giant revealed it would drop his…
Business Microsoft to showcase at No 10 as Activison ruling lands April 19, 2023 Microsoft has been invited to showcase its products in 10 Downing Street on the same day that its $75bn takeover of games-maker Activision faces being blocked by British competition watchdogs.…
Business Jaguar’s first UK-made electric car to cost £100,000 but where will it be built? April 19, 2023 The first UK-made Jaguar electric car is to be a £100,000 four-door grand tourer, the vehicle’s manufacturer has announced. The UK’s largest carmaker said its first British car to run…
Business Inflation, cyber crime and self-driving grocery delivery April 19, 2023 After the rate of inflation eased slightly but still remains above 10%, Ian is joined by KMPG’s chief economist Yael Selfin to discuss the official figures. He also talks to…
Business Why are food prices rising so much? April 19, 2023 Soaring food and non-alcoholic drink prices have kept UK inflation in double-figures and continued to put more pressure on household budgets. More expensive bread, cereals and chocolate all caused the overall average price of…
Business Twitter to finally cull ‘legacy’ blue ticks today April 19, 2023 Twitter will finally remove “legacy” blue ticks from verified accounts on Thursday. Elon Musk announced earlier this month that 20 April was the final date for culling the checkmarks –…
Business Food prices will remain stubbornly high for a while but there is good news on inflation ahead April 19, 2023 The government has made it its primary aim to halve inflation by the end of the year but things aren’t quite going to plan. Britain has shot up the leader…
Business Inflation eases but still remains above 10% as cost of essential foods hit record high April 19, 2023 The rate of inflation has eased slightly but still remains above 10%, according to official figures showing record costs for some essential foods. The Office for National Statistics (ONS) said…
Business Elon Musk reveals plan to build ‘TruthGPT’ despite warning of AI dangers April 18, 2023 Elon Musk has said he plans to create a “TruthGPT” to counter what he claims is liberal bias shown by a popular chatbot. The billionaire Twitter, Tesla and SpaceX owner…
Business Google boss admits AI dangers ‘keep me up at night’ April 18, 2023 Google’s chief executive had admitted the potential dangers of AI development “keep me up at night”. Sundar Pichai said the technology “can be very harmful if deployed wrongly” and backed…
Business China economy grows at faster than expected pace April 18, 2023 China’s economy grew at a faster-than-expected pace in the first quarter of the year, according to its official figures, following the end of strict COVID curbs at the end of…
Business Manchester United share price drops as Glazers believe they can stay April 17, 2023 The value of Manchester United fell following a report the controversial Glazer family would remain owners of the club. The company’s stock price fell 13% after ESPN said owners and…
Business Manchester United sale: Carlyle in talks ahead of Glazers’ bid deadline April 15, 2023 The giant American financial investor Carlyle is in talks about a major investment in Manchester United Football Club as the auction of the Premier League side nears its concluding stages.…