Snug, a British sofa manufacturer, is in talks about a sale four years after its launch. Sky News understands that Snug, which was founded by Rob Bridgman, is working with the accountancy firm Evelyn Partners to find a buyer before the end of the year. Sources said a deadline of 23 December had been set
Month: December 2022
FIFA have admitted Salt Bae should not have been on the pitch after the World Cup final. The celebrity restaurateur was seen holding the trophy and pestering Argentina players for photographs after their win against France on Sunday. Football’s governing body had remained tight lipped on the issue after the Turkish chef and butcher –
Rishi Sunak’s new ethics adviser, Sir Laurie Magnus, is an old Etonian “quango king”, a City grandee and a pillar of the establishment. He wasn’t awarded his knighthood in the usual way by the Queen after being nominated by 10 Downing Street. His title is hereditary. He is in fact a baronet, the third in
As a symbol of the year in crypto, the sight of Sam Bankman-Fried being hustled out of court in Nassau to a blacked-out SUV that would take him to an airfield, and an extradition flight to New York, takes some beating. For the highest-profile player in cryptocurrency, 2022 has come to an abrupt and unforgiving
Rishi Sunak and Ursula von der Leyen have insisted they will work together to find a solution to the row over the Northern Ireland Protocol, as pressure grows to break the diplomatic deadlock. In a call on Thursday, the prime minister and the European Commission president discussed the post-Brexit trading arrangements in Northern Ireland. A
In a bunker below the fiercely contested city of Bakhmut, a Chechen commander with a half a million-dollar Russian bounty on his head joins his men in prayer. Of the allies Ukraine has gathered in its war with Russia, among the most shadowy and deadly are the Chechens. They are some of Vladimir Putin’s oldest
Rishi Sunak has appointed a new ethics adviser after a six-month vacancy – but the prime minister is facing criticism for maintaining the power to veto any investigation into ministers. Mr Sunak was under pressure to fill the role after promising to bring “integrity, professionalism and accountability” to government when he entered Downing Street. The
Cryptocurrency trading is “too dangerous” to remain outside mainstream financial regulation and could pose “a systemic problem” without action, the deputy governor of the Bank of England has warned. Speaking for the first time since the founder of the crypto trading platform FTX was arrested and charged with massive fraud, Sir Jon Cunliffe told Sky
Millions of train passengers face a hike in fares of nearly 6% from March, the Department for Transport has said. The increase is being imposed to support “crucial investment and the financial stability” of the railway, the department said. Transport Secretary Mark Harper said: “This is the biggest-ever government intervention in rail fares. “I’m capping
A Shanghai hospital has told its staff to prepare for a “tragic battle” with COVID-19 as it expects half of the city’s 25 million people will get infected by the end of next week. It is two weeks since most zero-COVID restrictions were suddenly reversed in China, leaving the virus to sweep through the country largely
This may be the last ever image sent from NASA’s Mars InSight spacecraft. After a four-year mission on the red planet, the robotic lander – which famously snapped the first “selfie” ever taken on Mars – is powering down. Thick windblown dust has covered InSight’s solar panels, with NASA expecting to lose contact with the
Health Secretary Steve Barclay is considering offering NHS staff a pay rise in spring in a bid to end strikes – but has ruled out any immediate movement on current wages. The stalemate between unions and the government appeared to show no signs of abating on Thursday morning, following two days of historic action from nurses
The average UK property is £17,500 more expensive now than a year ago though house price growth has slowed and London properties are nearly 25% cheaper than five years ago, according to data from property website Zoopla. House prices have risen 7.5% over the past year, though the increase has slowed in the past three
Into a buttoned-up, power-dressed chamber of US politicians entered the man of war. Wearing khaki and a look of polite exhaustion, Volodymyr Zelenskyy received the adulation of a man fighting their fight as much as his own. That was certainly the message he carried into the well of the House chamber, an appeal from the
A significant number of firms are still struggling to increase sales or grow their business under the UK-EU trade deal, the British Chambers of Commerce (BCC) has warned. It is calling on the government to look again at how trade with Europe can be improved two years after the deal agreed by Boris Johnson. Last
Ukraine is “alive and kicking” and “will never surrender,” President Volodymyr Zelenskyy has said in a speech to the US Congress. Mr Zelenskyy was greeted with a lengthy standing ovation as he entered the chamber to deliver what he billed as his “speech to Americans”. “Against all doom and gloom scenarios, Ukraine did not fall.
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