A UK businessman with precious stock on the container ship Ever Given has spoken of his relief that the ship has finally arrived in the UK, four months later than scheduled. The vessel, one of the largest of its kind in the world, docked at Felixstowe to offload cargo following one of the most extraordinary
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Young people benefit from being in the office, Chancellor Rishi Sunak has said, as he highlighted its positive influence on his own early career. Stressing the value of being physically in the workplace, the cabinet minister doubted he would have forged the links with mentors who had helped him if he had relied on Teams
Fewer contacts of people with coronavirus will be told to isolate by the NHS COVID-19 app after an update today. The “logic” which underpins how close contacts are identified and notified will be changed following a review into the NHS COVID-19 app by the health secretary, the Department for Health and Social Care says. Live
Defence and aerospace technology firm Meggitt has agreed a £6.3bn takeover deal by US firm Parker-Hannifin. The FTSE 250 company confirmed an offer from the US engineering technology giant valuing Meggitt at 800p per share. It said the move represents a 70% premium on the share value of the company at the end of trading
A former Unilever executive is being lined up to take the helm of the Whitehall agency which oversees taxpayers’ interests in businesses including the Post Office, NatWest Group and Channel 4. Sky News has learnt that Vindi Banga, who sits on the board of GlaxoSmithKline and chairs the cancer charity Marie Curie, is expected to
Rishi Sunak has written to Boris Johnson warning that the UK’s travel restrictions are “out of step” in comparison to other countries, reports suggest. According to the Sunday Times newspaper, the chancellor has raised concerns with the prime minister about the damage that the current border controls are doing to the UK’s economy and has
British employers have been warned that forcing staff to have the coronavirus vaccination could amount to a criminal offence, amid concerns over “no jab, no job” policies emerging. Only care home staff in England will need to have both vaccine doses to work under current legislation, with a consultation taking place on whether to extend
An electric vehicle (EV) manufacturer backed by Amazon and Ford is in talks with ministers about building a giant factory in the UK that could include a big state support package. Sky News has learnt that Rivian, which is also backed by the Ford Motor Company and many of the biggest investors in Silicon Valley,
Up to a quarter of supermarket milk deliveries by the UK’s biggest dairy supplier have been unable to get through because of a shortage of lorry drivers. Speaking to Sky News, managing director of Arla Foods UK Ash Amirahmadi warned of a “summer of disruption” unless bold action is taken by the government to tackle
British Airways owner International Consolidated Airlines Group (IAG) is to increase flight numbers to meet the surge in demand for air travel as quarantine rules are eased. The group, which also operates Iberia and Aer Lingus, said it plans to operate at around 45% passenger capacity from July to September, compared with the same period
The US economy has recovered to surpass its pre-pandemic peak according to official figures – though growth was slower than expected in the latest quarter. Robust consumer spending fuelled by vaccinations and government stimulus helped gross domestic product (GDP) grow at an annualised rate of 6.5% in the April-June period, according to the bureau of
Between 1.1 million to 1.6 million workers remain on full or partial furlough as taxpayer aid for the wage support scheme prepares to be eased further, according to official estimates. A survey by the Office for National Statistics (ONS) showed that businesses continued to claim COVID-19 salary aid on behalf of between 4% and 5%
Facebook was given the thumbs down by Wall Street despite doubling quarterly profits as it warned growth will slow sharply in coming months. Shares in the social media giant fell 5% in after-hours trading as it reiterated the likely impact of iPhone privacy policy changes as well as tough comparisons with a strong performance last
Airlines are putting pressure on the government to exempt fully-vaccinated Americans and EU visitors from quarantine on their arrival to the UK. Amid widespread reports ministers could announce such a move as early as Wednesday, British Airways and Virgin Atlantic – as well as Heathrow Airport – have claimed a recent trial demonstrates how international
Morrisons’ largest shareholder has said it is “not inclined” to back a £6.3bn takeover deal agreed by the supermarket’s board. Investment firm Silchester, which holds a 15.1% stake in the group, said the board should allow more time for offers to emerge that might better the bid from the consortium led by Fortress Investment Group.
Moonpig, the online greeting card and gift retailer, has reported a doubling of annual revenue and profits as lockdown restrictions on shoppers boosted demand. While high street rivals were forced into hibernation as part of efforts to curb the spread of COVID-19, the company benefited from almost 51 million transactions as customers flocked to mark