The embattled highspeed rail project, HS2, will not reach its London terminus without private sector funding, Sky News understands. Without substantial corporate investment there is no guarantee of the line ending in Euston – instead it would end at Old Oak Common in west London. Prime Minister Rishi Sunak has reallocated the public sector budget
Month: October 2023
Metro Bank has kicked off talks about the sale of a £3bn chunk of its mortgage book as part of an increasingly urgent attempt to shore up its fragile balance sheet. Sky News has learnt that advisers to Metro Bank – which saw its shares plunge on Thursday after acknowledging that it was seeking to
British Airways (BA) is on the brink of a long-term pay deal with its pilots aimed at removing the renewed threat of strike action until at least 2027. Sky News has learnt that BA, a subsidiary of the FTSE 100 company International Airlines Group, was applying the finishing touches to an agreement with BALPA, the
The trial of embattled crypto executive Sam Bankman-Fried has begun – with prosecutors claiming he stole more than $10bn (£8.2bn) from unsuspecting customers. Almost a year after FTX spectacularly collapsed, leaving millions of people out of pocket, a court heard that the 31-year-old’s multibillion-dollar empire was “built on lies”. Bankman-Fried has been accused of using
The competition regulator is to investigate the dominance of Amazon and Microsoft in the UK’s cloud market. It follows a study by the telecoms watchdog Ofcom which “identified features that make it more difficult for UK businesses to switch and use multiple cloud suppliers”. Ofcom added: “We are particularly concerned about the position of the
Paris is grappling with a bed bug infestation – but the problem is likely just as bad in London, an expert says. “They’re already on buses, trains, tubes, cinemas, doctor’s surgeries, public spaces, hospitals,” microbiologist and founder of Bed Bugs Ltd David Cain told Sky News. The difference is that Parisians are talking about the
Joe Biden’s dog Commander has been removed from the White House after biting agents and staff. The two-year-old German shepherd had attacked members of the US Secret Service 10 times between October 2022 and January 2023. One female officer recently required medical treatment. Image: Commander was a gift to the US president from his brother
The United States has sent over a million rounds of ammunition it seized from an Iranian ship last December to Ukraine. Officials at the Pentagon have confirmed to Sky News the transfer of 1.1 million rounds of 7.62mm small arms ammunition to Ukraine took place on Monday this week. The ammunition, standard rounds for Soviet-era
There are fresh calls to clean up politics with stronger rules around lying after senior Tories made false statements around meat taxes and 15-minute cities at their annual party conference. Green MP Caroline Lucas told Sky News a “dishonesty epidemic is infecting the Tory party” as she called on Prime Minister Rishi Sunak to acquaint
Rocky Kramer will be hosting “Stranger Things” on this week’s episode of Rocky Kramer’s Rock & Roll Tuesdays on Twitch. Tune into Twitch on Tuesday, October 3rd, at 7 PM PT for this amazing show. Rocky Kramer is a guitar virtuoso, often being compared to the greatest guitar players in the world. Rocky has performed