The overall supply of candidates for jobs has increased for the first time in more than two years, a survey of recruiters suggests. While the rise in the availability of workers in March was “modest”, it marks the first such upturn in the UK since February 2021, a report from the Recruitment and Employment Confederation
Business
The president of the CBI expressed doubts about the survival of Britain’s biggest business lobbying group if it had run a conventional process to recruit a new chief. Sky News has learnt that Brian McBride told a group of members on Tuesday afternoon that he was concerned that the CBI might not have withstood a
Thousands of UK Vodafone customers have complained after suffering from a broadband connection outage. Downdetector, a website where people can log outages, reported a peak of 2,820 people experiencing problems on Monday morning. Vodafone said in a post on Twitter: “We’re aware of and investigating an issue impacting some of our home broadband customers since
Wizz Air was the worst major airline for flight delays from the UK last year, according to an investigation. The figures, from the Civil Aviation Authority and reported by the PA news agency, found that the Hungarian carrier’s UK departures were an average of 46 minutes and six seconds behind schedule last year. This delay
Atom Bank, the app-based lender, has picked advisers to secure a further £100m in capital in what is expected to be its final fundraising before an attempt to list its shares publicly. Sky News understands the Durham-based company is working with bankers at Jefferies on a share sale that will take place in the coming
The FTSE-100 gambling giant behind Paddy Power is lining up a US-based businessman as its next chairman – a move that will further cement plans to abandon its presence on the London stock market. Sky News has learnt that Flutter Entertainment, which also owns SkyBet and Betfair, is in advanced talks to appoint John Bryant
Britain’s pensions lifeboat is to hoist a ‘for sale’ sign above Kodak Alaris, the photographic equipment group it took control of as part of a rescue of its retirement schemes. Sky News has learnt that the Pension Protection Fund (PPF) has kicked off talks with bankers about an auction of the company behind the ‘Kodak
High interest rates, US bank failures and geopolitical divisions in Europe are reasons why the world economy is expected to grow less than 3% in 2023, the chief of the International Monetary Fund (IMF) has said. The growth is down from 3.4% last year, and even further below the average of 3.8%, increasing the risk
Illegal immigrants will have their bank accounts shut down in a new crackdown by the Home Office – who have been accused of “demonising” asylum seekers. The Home Office announced it began sharing data with the financial sector on Thursday so it can refuse to open new bank accounts and close existing accounts of people
EY, the big four accountancy firm, has ended the secondment of one of its employees to the CBI as the business lobbying group grapples with an unfolding crisis over allegations of sexual misconduct. Sky News has learnt that EY has opted not to renew the secondment of a staff member who was serving as an
Some of Britain’s leading entrepreneurs and financiers are facing significant financial losses from the implosion of Vashi, the upmarket jeweller. Sky News can reveal that Sinclair Beecham, the co-founder of Pret a Manger, Nick Wheeler, founder of the shirtmaker Charles Tyrwhitt, and William Jackson, chief executive of London-listed private equity firm Bridgepoint, are all shareholders
Some of the UK’s biggest and best-known businesses say they are closely watching the unfolding crisis at the CBI. Sky News contacted more than 30 FTSE 100 and FTSE 250 companies on Thursday and found that many of those who are CBI members are keeping their membership – for now. It comes after a number
Coach travellers will be asked to delay Channel crossings over Easter as ferry companies and the Port of Dover attempt to avoid a repeat of the shambolic delays that blighted the start of the school holidays last weekend. Thousands of holidaymakers, many of them children on school trips, faced delays of up to 18 hours
Talks aimed at resolving a long-running dispute between Royal Mail and the Communication Workers Union have ended without agreement. The two sides have been negotiating for 11 months over pay, jobs and conditions for the 112,000-strong workforce. There were 18 strike dates called last year and 2023 has seen the union and Royal Mail attempt
Lying about how old you are is a childhood rite of passage, but in the social media era it comes around earlier than ever. The minimum age for most social media users is 13. But for younger children, registering an account on a smartphone is as simple as adjusting the year of birth and pressing
TikTok has been fined £12.7m for breaches of data protection law, including using the personal data of children aged under 13 without parental consent. The UK Information Commissioner’s Office said the Chinese-owned video app had not done enough to check that its users were over 13 and it had also not done enough to remove
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