Category: Bussiness

20 March 2024 By Faisal Islam & Michael Race,Economics editor & business reporter Watch: Sunak challenged on 2024 being ‘bounce back’ year This year will “prove to be the year that the economy bounces back”, Rishi Sunak has told the BBC after figures showed inflation fell to its lowest level in almost two and half...

The Premier League has failed to secure agreement for a new financial settlement for English football amid a continued stalemate between its clubs. Sky News has learnt that a planned vote at a shareholder meeting on Monday afternoon was scrapped after it became clear it would not win support from the required majority of 14...

Premier League bosses are this weekend scrambling to finalise a landmark £836m financial settlement just days before the publication of legislation to establish English football’s first statutory regulator. Sky News has learnt that the 20 top-flight clubs, which include Aston Villa, Liverpool and Tottenham Hotspur, will on Monday be asked to approve a revised version...

Jeremy Hunt says the UK economy has dealt with the financial crisis, the pandemic and energy crisis caused by war in Europe. He acknowledges that interest rates “remain high as we bring down inflation”, but adds: “We can now help families not just with cost of living support but with permanent cuts in taxation.” He...

The chancellor has unveiled the budget for 2024. Here are the key points: • National insurance contributions for employees are being cut from 10% to 8% from April – impacting about 27 million workers – with savings of up to £450 a year. • Self-employed NI rates will drop by two percentage points as well....

Thousands of Greggs workers will share a £17.6m bonus pot this month after the bakery chain famous for its sausage rolls and steak bakes said it had made a record annual profit and overtaken McDonald’s to become the UK’s most popular breakfast spot. Britain’s biggest bakery chain said 25,000 employees – out of a total...

UK and Saudi Arabia agree deal to boost research links, supporting work from food security to clean energy, to boosting business and R&D connections Science and technology are central to Saudi Arabia’s plan to rapidly transform its economy – a huge opportunity for UK scientists, researchers and businesses UK Science Minister in Riyadh to sign...

A leading shareholder in Currys is demanding that its board slaps an £800m price tag on the electrical goods retailer amid takeover interest from a former backer of Comet, its defunct rival. Sky News has been told by one of the company’s largest investors that they believe Currys’ board should hold out for at least...