The talent agency which managed Phillip Schofield until the disgraced TV star’s career imploded this week is this weekend facing questions about its own future after its lenders called in advisers to explore a financial restructuring. Sky News can reveal that YMU, which is owned by a private equity firm, has for weeks been involved
Business
The price of diesel fell by almost 12p last month – a record drop, according to new figures. The RAC said the average price per litre was now 147p, down from 158.9p at the start of May – making it the seventh consecutive month prices have fallen. It means the cost of a typical 55-litre
Rail strikes are set to cause further havoc today when train drivers walk out ahead of high-profile events including the FA Cup final, the Epsom Derby, and a Beyonce concert. Members of the Aslef union are taking industrial action in the long-running dispute over pay and working conditions. Read more: Everything you need to know
Two of the country’s biggest banking giants have announced they are closing a total of 63 branches. Barclays said on Friday it will shut another 10 branches, on top of more than 70 closures this year that have already been announced. Meanwhile Lloyds Banking Group will shut the doors on 21 Lloyds Bank sites, along
The leadership duo at the top of the CBI was involved in a bizarre exchange on a call with dozens of leading members on Friday as the business lobbying group fights for survival. Sky News understands that Rain Newton-Smith, the new CBI director-general, highlighted a dearth of female questioners during a briefing she jointly hosted
Scotland’s recycling plan for drinks containers could collapse after a row erupted over whether to include glass bottles. Scotland’s deposit return scheme would allow users to swap bottles and cans for cash or coupons. However, the UK government’s decision that glass bottles cannot be included has lead to reports the scheme in Scotland could collapse.
Wizz Air and Ryanair have reported further rises in passenger numbers as they continue to recover from the impact of the global pandemic. Ryanair said it carried 17 million passengers in May, an increase of just over 10% from the 15.4 million who travelled with it during the same period last year. It comes after
Some of Britain’s biggest commercial property-owners are joining forces in a bid to thwart a plot to slash rents at dozens of Fitness First health clubs. Sky News has learnt that landlords including The Crown Estate, M&G Real Estate and Land Securities are preparing to challenge a restructuring plan that is due to be heard
The National Grid Electricity System Operator has said it will kick energy projects out of the queue to connect to the grid if they aren’t progressing fast enough. The move is part of an urgent push to clear a backlog caused by slow-moving projects snarling up the first-come-first-served system. This has meant that some renewable
The boss of Britain’s biggest rail workers union has insisted strikes have been a “success” – despite no pay deal being agreed yet after almost a year of industrial action. Mick Lynch, general secretary of the Rail, Maritime and Transport (RMT) union, said the rail strikes – which began in June 2022 – had managed
Companies that provide guidance for those with money problems are to be banned from receiving referral fees from debt solution providers. The Financial Conduct Authority (FCA) said the new rules for debt packagers, which are regulated providers of advice, would save consumers money in “unnecessary fees” and improve guidance for those struggling. There have been
Twitter’s head of trust and safety has resigned from the social media company, according to a report. Ella Irwin told Reuters news agency she had resigned, not long after Fortune reported her internal Slack account appeared to have been deactivated. Ms Irwin oversaw content moderation – a controversial subject for a company that has been
As food inflation rises to 19.2%, its highest rate in 42 years, the European Central Bank has suggested it could be down to, in part, businesses profiteering from the cost of living crisis by increasing their prices for larger margins, a term known as “greedflation”. But what is the data behind the suggestion? On the
Julian Hamood, President and founder of Trusted Tech Team, a leading provider of Microsoft licensing and cloud-based solutions launched in 2017, is celebrating the company’s ongoing meteoric growth by relocating to a 32,000+ sq. ft. office space to accommodate more in-house experts. Based in Orange County, CA, Trusted Tech Team recently announced that it surpassed its
A new Gallup survey of 5,167 American adults says that depression in the USA has just reached new heights. The percentage of respondents who report having had depression “at some point in their lifetime” has gone up ten points since 2015. It’s now at 29%. In other words, nearly a third of us have been
The team behind Las Vegas’ newest storefront is bringing a “case of a different color” to the scene for Pelican case enthusiasts, creatives, medical and military personnel, and other professionals who rely on the exceptionally durable gear to protect their most prized equipment. Founded in 2011 as an online retailer and authorized Pelican case distributor, ColorCase has
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