The Post Office is proposing a sharp increase in the fees banks pay to allow their customers to access its network, in a bid to secure additional funds to increase postmasters’ salaries. Sky News understands that more than two dozen banks and building societies are considering a proposal put to them recently by the Post … Read more
British businesses are heading into the new year in a gloomy mood. New chancellor Rachel ReevesThe increase in employer National Insurance Contributions (NICs) in his autumn budget will increase the cost of employing people, which is likely to impact both hiring and investment. Some sectors face specific challenges: the automotive industry, for example, still grapples … Read more
A committee of MPs has called for the government to be fined if it fails to provide redress quickly enough to victims of the Horizon software scandal, as its report says the Post Office spent at least £136m on legal costs. New legally enforceable deadlines for each stage of claims processing should be introduced, according … Read more
As energy bills become more expensive starting Jan. 1, respected forecasters have said they could rise further in the spring rather than the fall as originally predicted. THE energy price cap increases from January, bringing the cost of a typical annual bill to £1,738 – £21 more per year than between October and December. Bills … Read more
What a year 2024 has been. A massive election – well, two massive elections on each side of the Atlantic, and more elsewhere on the planet – followed by changes of government and numerous economic milestones along the way. So let’s recall some of the highlights of the year, in graphic form. We start with … Read more
The operator of almost 150 Pizza Hut restaurants in the UK is in advanced talks with potential buyers as it strives to secure a deal to secure its future. Sky News has learned that Heart With Smart (HWS), the US brand’s largest UK franchisee, aims to select a preferred bidder in January after weeks of … Read more
Gardners Candies is recalling Cappuccino Meltaway bars sold nationwide because they may contain undeclared cashews, which can cause serious or fatal reactions in people with nut allergies. The Tyrone, Pennsylvania-based candy maker initiated its recall after discovering that “the product containing nuts was distributed in packaging that did not reveal the presence of nuts,” it … Read more
River head We may receive an affiliate commission on anything you purchase from this item. You might think you have a pretty good idea of the world map, but Atossa Araxia Abrahamian explains how special economic zones, tax havens and free ports are dividing the planet for the benefit of the highest bidders – and … Read more
Nearly 170,000 retail workers lost their jobs this year after the collapse of major chain stores, according to data. This is the highest since more than 200,000 jobs in the sector were lost in 2020 in the wake of the crisis. COVID pandemic, which forced retailers to close their stores during lockdowns. The figures, compiled … Read more
Manchester United football club will cut the funding it provides to its charitable arm as part of a cost purge overseen by Sir Jim Ratcliffe, its new billionaire shareholder. Sky News has learned that the Premier League club plans to inform the Manchester United Foundation of its intention to cut the benefits it offers – … Read more