Business Microsoft’s determined to buy the maker of Call Of Duty – but will the UK allow it? August 4, 2023 A final decision is in sight for Microsoft’s protracted bid to acquire the maker of Call Of Duty now that the UK’s competition regulator has closed its public consultation on…
Business Car market grows despite cost of living challenges August 2, 2023 UK car sales have grown all year, despite borrowing becoming more expensive and a cost of living crisis creating difficult financial conditions for consumers. The number of new cars registered…
Business Energy bosses meet with Grant Shapps amid debate over future of net zero August 1, 2023 UK energy chiefs will gather in Downing Street today to discuss net zero as a debate rages in both main parties about the future of green policies. Industry leaders from…
Business Uber records first ever operating profit August 1, 2023 Uber has recorded the first operating profit in its history, after trips rose by more than a fifth in the last year. The American company, best known for its ride-hailing…
Business Tax on wines and spirits increases from today, but some good news if you’re going to the pub for a pint August 1, 2023 Wine and gin drinkers will have to shell out more from today as alcohol taxes rise. The shake-up aims to encourage drinkers to cut back by taxing all alcohol based…
Business Plan to expand North Sea oil drilling announced – as critics slam Sunak’s ‘culture war on climate’ July 30, 2023 Rishi Sunak will head to Scotland on Monday as the Conservatives kick off a week of campaigning on energy security. Number 10 said the prime minister would use the trip…
Business Debt prevention start-up lands funding as mortgage crisis grows July 27, 2023 A consumer debt advice start-up aimed at helping Britons weather the cost-of-living crisis has secured external funding ahead of its public launch. Sky News understands that SuperFi, which is aimed…
Business Metaverse losses to ‘increase meaningfully’ but users on Meta platforms up July 26, 2023 Tech giant Meta is the latest company to beat Wall Street revenue expectations as the number of people using its platforms grew, but Metaverse losses mounted and AI spending rose.…
Business Fed raises US interest rates to 22-year high as it continues to tackle inflation July 26, 2023 The Federal Reserve – the US central bank known as the Fed – has recommenced its programme of interest rate increases. The rate has been increased by 0.25 percentage points…
Business Cancer monitoring platform Entia secures $20m funding boost July 26, 2023 A British healthcare company which allows patients to perform blood tests at home to aid their cancer treatment has received a $20m (£15.4m) funding shot in the arm. Sky News…
Business Insider trading charges against Spurs owner come at a time of turmoil at Tottenham July 26, 2023 In Premier League rules strengthened in March, being convicted of corruption would disqualify someone from owning or controlling a club. But Tottenham insist Joe Lewis should no longer be described…
Business Energy regulator targets new protections for homes and businesses before winter July 26, 2023 The energy regulator has published a series of proposals that, it hopes, will provide greater protections for households and businesses in time for the coming winter when gas and electricity…
Business Share trading app Robinhood hires Freetrade exec for UK launch July 25, 2023 Robinhood Markets, the US stock trading app, has hired a senior executive from Freetrade, a British fintech company, to spearhead revived plans for a UK launch. Sky News has learnt…
Business Elon Musk reveals why he’s rebranding Twitter – as police disrupt company’s sign removal July 25, 2023 Elon Musk has said the Twitter name “does not make sense” as he rebrands the platform into an “everything app” called X. The world’s richest man has not been shy…
Business Spotify raises price of premium subscription service July 25, 2023 Spotify is raising the price of its ad-free premium service in more than 50 countries, including the US, UK and Ireland. The music-streaming company, which has more than 200m Premium…
Business COVID culture tsar Mendoza lined up to head Historic England July 24, 2023 A Conservative peer who played a key role in establishing the Culture Recovery Fund during the ravages of the pandemic is being lined up as the next chair of Historic…
Business Credit Suisse handed record £87m fine by Bank of England July 24, 2023 Credit Suisse has been fined a record £87m by the Bank of England for “extremely serious” risk management failures. The bank, which was subject to a forced takeover by Swiss…
Business BBC apologises to Nigel Farage for inaccurate report on bank account closure July 24, 2023 The BBC has issued an apology to Nigel Farage over a story on the closure of his Coutts bank account, “which turned out not to be accurate”. In a statement,…
Business Elon Musk reveals rebranding of Twitter – and what he wants us to now call a tweet July 24, 2023 Elon Musk has unveiled a rebranding of Twitter with a large X logo. The company’s chief executive Linda Yaccarino “tweeted” an image of the apparent new logo beamed on the…
Business Google testing if AI can write news – but insists it won’t replace journalists July 20, 2023 Google is testing whether artificial intelligence (AI) can be used to write news articles – but insists it won’t replace journalists. A spokesperson for the search giant said it was…