Business

Sky’s Ed Conway says it’s hard to be confident that growth seen in December will become locked in given the many potential hurdles facing the economy both at home and abroad. Economics and data editor @EdConwaySky [http://twitter.com/@EdConwaySky] Thursday 13 February 2025 08:16, UK Yes there are all sorts of provisos. The UK economy [https://news.sky.com/topic/uk-economy-5794] is…

Government officials are living in “ivory towers totally removed from the hell the victims have gone through day after day, year after year”, Sir Alan tells Sky News. By Adele Robinson, news correspondent. Thursday 13 February 2025 01:44, UK The government is continuing to put Post Office victims through “hell” in their fight for redress,…

Modella Capital, which owns Hobbycraft and has been eyeing an offer for WH Smith’s high street chain, is closing in on a deal to buy TOFS, Sky News learns. City editor @MarkKleinmanSky [http://twitter.com/@MarkKleinmanSky] Wednesday 12 February 2025 18:30, UK The owner of Hobbycraft has made a late swoop to buy The Original Factory Shop (TOFS)…

Bloomberg has reported that the OBR is set to downgrade its growth forecasts for the UK. The Treasury official who confirmed the inquiry insisted the existence of the probe does not confirm the reports were true. Political reporter Wednesday 12 February 2025 17:40, UK A leak inquiry will take place following reports that economic growth…

The UK high street lender told staff on Wednesday that they would receive grants of 170 Barclays shares in its first such equity handout, Sky News learns. City editor @MarkKleinmanSky [http://twitter.com/@MarkKleinmanSky] Wednesday 12 February 2025 13:39, UK Barclays is handing shares in the company tens of thousands of staff for the first time as it…

Former Amazon executive Eric French, who has been Deliveroo’s chief operating officer since 2021, is to leave the company later this year, Sky News learns. City editor @MarkKleinmanSky [http://twitter.com/@MarkKleinmanSky] Wednesday 12 February 2025 12:45, UK One of Deliveroo’s top executives is to leave the company as its board weighs a succession plans for its founder…

The US-based fashion and accessories retailer speaks to Sky News about an element of its past that is haunting its present, as it opens a new flagship London store. Business and economics reporter @SkyNewsBiz [http://twitter.com/@SkyNewsBiz] Wednesday 12 February 2025 11:11, UK The boss of Abercrombie & Fitch (A&F) has said she is “appalled and disgusted”…

Wednesday 12 February 2025 07:17, UK Thames Water is being investigated over late delivery of environmental improvement schemes, the industry regulator has announced. Ofwat said the enforcement case against the company, currently fighting to secure its financial future amid a £19bn debt pile, aimed to determine whether it had breached its legal obligations. The watchdog…

Plans for a third Heathrow runway will be with the government “by summer”, the airport has said, amid projections it could be decades before the project is completed, if at all. Business and economics reporter @taaffems [http://twitter.com/@taaffems] Tuesday 11 February 2025 22:08, UK Heathrow is set to announce a multibillion-pound expansion plan to create extra…

The energy supplier’s technology arm, Kraken, has struck a deal to partner with Covalis Capital and Suez in a consortium that would inject about £1bn of equity into the debt-laden water company, Sky News learns. City editor @MarkKleinmanSky [http://twitter.com/@MarkKleinmanSky] Tuesday 11 February 2025 11:30, UK Octopus Energy Group is wading into the battle for the…