It is no surprise to see a government that claims to be committed to making economic growth a priority giving the green light to expansion of Gatwick Airport and Luton Airport. Nor, for that matter, would it be a surprise for a third runway at Heathrow Airport to be given the go-ahead by Sir Keir
River Island, the privately owned fashion retailer, is preparing to exert a tighter grip on its cost base as the high street faces the prospect of swingeing tax hikes in April. Sky News understands that River Island, which is owned by the Lewis family, has drafted in AlixPartners to work on a cost reduction and
The chair of the UK's competition regulator has been removed from his role by the government, amid its push for growth. Marcus Bokkerink, the head of the Competition and Markets Authority (CMA), has been removed from his post by the business secretary. Chancellor Rachel Reeves met with regulators last week to impress upon them the
Donald Trump has given TikTok 75 days to convince US officials it doesn't threaten national security - most likely by finding a new, US owner for its American operation. He signed the executive order within hours of entering the White House and told reporters: "I tell you what. Every rich person has called me about
The boss of under fire Southern Water has told MPs that 15 years of "flat bills" is the reason for the industry's struggles with sewage spills and supply outages. Lawrence Gosden said while giving evidence to the environment, food and rural affairs committee's inquiry into the water industry that a historic regulatory priority on keeping
A British fintech which pledges to improve workers’ financial wellbeing has secured a $5m (£3.9m) seed funding round led by the prominent venture capitalist Notion Capital. Sky News understands that Aslan, which was founded by James Gozney, will announce the fundraising later this week. Aslan provides reward cards offering tax-efficient cashback on everyday spending for
There has been a surge in the pace of wage growth but a rise in the jobless rate following a big drop in the number of payrolled employees, according to the latest official figures. The Office for National Statistics (ONS) reported that both basic pay excluding bonuses, and average weekly earnings, rose at an annual
There has been a surge in the pace of wage growth but a rise in the unemployment rate, according to the latest official figures. The Office for National Statistics (ONS) reported that both basic pay excluding bonuses, and average weekly earnings, rose at an annual rate of 5.6% in the three months to November. That
One of the things that made President Donald Trump's inauguration distinctive was the prominence of Silicon Valley elite. Easily identifiable were the world's three richest men - Elon Musk , Jeff Bezos and Mark Zuckerberg . And that's not to mention some of the billionaires not placed directly in view of the cameras. When the
Chancellor Rachel Reeves will travel to the World Economic Forum (WEF) in Davos this week to court potential investors in UK growth projects, joining hundreds of political and economic leaders gathering in the Swiss Alps in the shadow of Donald Trump's inauguration. Ms Reeves will join political leaders including German chancellor Olaf Scholz , European