Climate protesters stopped staff entering major insurance marketplace Lloyd’s of London using superglue, chains and bike locks. More than 60 activists stationed themselves outside the central London building from 7am on Tuesday to highlight the group’s demand that the market stops insuring fossil fuels projects. A spokesman for Lloyd’s said: “Lloyd’s supports safe and constructive
Business
Wage growth in the UK struggled to keep up with increasing inflation between December 2021 and February 2022, according to the Office for National Statistics (ONS). Average weekly pay packets across Britain fell in December by 1%, reflecting how wages are struggling to keep up with the rising cost of living. Regular wages, excluding bonuses,
The government is facing a call for “nationwide injunctions” to stop Just Stop Oil (JSO) protesters disrupting the delivery of fuel to forecourts. Labour demanded ministers intervene with similar measures imposed last autumn after Extinction Rebellion and Insulate Britain campaigners blocked major motorways, including the M25, other arterial routes and even the Port of Dover.
Prices have increased faster over the past 12 months than at any time in the previous 30 years, putting pressure on already stretched household budgets. The latest increases have been driven by rising household energy and fuel costs. But how much has your individual spending gone up in the past five years? Use our new
The UK economy grew by just 0.1% in February, despite a strong resurgence of both inbound and outbound tourism activity. But growth has slowed since January, when gross domestic product (GDP) jumped by 0.8% as people returned to normal life following a surge in Omicron rates in December 2021. The figure of 0.1% for February misses most
One of Britain’s top boardroom headhunters is to oversee the search for a new chairman of the Premier League as a recruitment process gathers pace five months after the role’s last incumbent resigned. Sky News has learnt that MWM Consulting, which was set up by the veteran search consultant Anna Mann, has been charged with
Elon Musk, Twitter’s biggest shareholder, has put forward a host of changes to the social media giant’s premium subscription service – including cutting the price and allowing users to pay with the dogecoin cryptocurrency Twitter Blue launched in July 2021 and is the site’s first subscription service, currently available in the US, Canada, Australia, and
Three multimillionaire businessmen have docked and entered the International Space Station in what has been hailed as a milestone for commercial space exploration. Alongside a retired NASA astronaut, the men launched from Florida on Friday as part of a private SpaceX launch. The four men were welcomed onboard the ISS on Saturday by the crew
The owner of the Cannes Lions global advertising festival is plotting a £1.5bn break-up that would see part of the company shift its stock market listing across the Atlantic to New York. Sky News has learnt that Ascential, which has a market capitalisation of £1.49bn, is working with investment bankers on plans to demerge its
Italian confectionary group Ferrero has been ordered to suspend production at its plant in Belgium following an investigation into dozens of cases of salmonella allegedly linked to the company’s Kinder chocolates. Earlier this week, certain Kinder Surprise chocolate eggs were recalled by the UK’s Food Standards Agency (FSA) due to the possible presence of salmonella.
Rishi Sunak has admitted holding a US green card while chancellor but his spokesman has insisted all rules have been followed. It follows Sky News reporting earlier that the chancellor and his wife held US green cards – permitting him residence in the country – until more than a year into his time at 11
Marine Le Pen is closing the gap on Emmanuel Macron in the opinion polls – and investors are getting nervous ahead of this weekend’s first round of voting in the French presidential elections. For months it has seemed that Mr Macron, who cruised to victory five years ago at the head of his newly-formed La
Sky’s Ian King takes the temperature in Paris ahead of this weekend’s French presidential election first round. Also, the hydrogen industry welcomes the government’s energy strategy. Plus, we look at why UK companies are facing 29% more cyberattacks than before the war in Ukraine. :: Listen and subscribe to The Ian King Business Podcast here.
The owners of TalkTalk, one of Britain’s biggest broadband providers, have received tentative approaches about a possible £3bn sale of the company amid a frenzy of international telecoms industry consolidation. Sky News has learnt that Vodafone has been weighing whether to make a potential offer for TalkTalk in recent weeks. Sky, the Comcast-owned immediate parent
Drivers are being warned to expect long delays as millions of people plan to head off for Easter getaways next weekend. In recent days, roads in Kent have faced high levels of disruption due to issues at the Port of Dover and thousands of lorries being able to park along a 23-mile stretch of the
Energy bills might be rising but the standard of customer service at some suppliers is going in the other direction, according to Citizens Advice. The charity’s energy watchdog found that customer service is at its worst since 2017, with the highest score for customer service at just 3.85 out of five compared to 3.95 in