Ofcom is investigating Royal Mail’s failure to meet delivery targets during 2021-22. The regulator said: “Ofcom takes compliance with quality of service targets very seriously. “Our investigation, on behalf of postal users, will gather evidence to understand the reasons behind this substantial lapse in performance, and determine whether Royal Mail has breached its requirements.” Royal
Business
Deutsche Bank has been raided for the second time in less than a month, this time over a $1tn greenwashing scandal that has rocked the bank. Regulators in Germany claim that DWS, the bank’s asset management arm, sold investment products worth $1tn as more environmentally friendly and “sustainable” than they actually were. The former DWS
Mortgage borrowing fell by more than 36% in April when compared with the previous month, in yet another signal that the red-hot housing market in the UK is starting to lose momentum amid rising inflation and a cost of living crisis. The Bank of England said on Tuesday that net mortgage borrowing decreased to £4.1bn
TUI has cancelled more flights over the next month as a union warned the issues at airports across the UK “could get worse this summer before they get better”. The German airline apologised for the disruption over the past few days and said that “due to ongoing challenges” a “small number” of extra flights from
Average petrol prices have reached a new record high of 173.02p a litre, figures show, after an EU ban on Russian oil imports. Fuel prices have been setting record highs every few days in recent weeks, as the supply of gasoline dries up at a time when demand is starting to gain speed. The increase
A former senior partner at one of the world’s biggest consulting firms has been picked as the next chair of Britain’s competition watchdog. Sky News has learnt that Marcus Bokkerink, who retired from Boston Consulting Group in 2020, will be named on Tuesday as the government’s preferred choice to lead the Competition and Markets Authority (CMA).
The government has cut ties with troubled P&O Ferries after the company sacked nearly 800 workers without notice. In light of the mass redundancies back in March, the Home Office said a contract between UK Border Force and P&O Ferries would be cancelled “with immediate effect”. A Home Office spokesperson said: “In response to P&O
British Airways check-in staff at Heathrow airport will be balloted for strike action next month in a dispute over pay. Unite, the union, said that the workers had a 10% pay cut imposed on them during the coronavirus pandemic but bosses have refused to reverse this, despite restoring their own pay to pre-pandemic levels. The
Roman Abramovich has completed the sale of Chelsea Football Club to a group led by American businessman Todd Boehly and investment firm Clearlake Capital. Mr Boehly, 48, fought off 11 serious rivals to clinch the £4.25bn deal. In a statement, the club said sanctions imposed on Mr Abramovich following Russia’s invasion of Ukraine had presented
Alison Greenberg is the CEO and Co-founder of “Ruth Health,” an innovative perinatal telehealth hub and comprehensive care platform built for women by women. “Ruth Health”is revolutionizing women’s healthcare for prenatal, perinatal, and postnatal care by empowering women with the proper care and access to support the birthing experience. Alison leverages her experience in both
Entrepreneur, philanthropist, actor and entertainer John Pasquale (aka SohoJohnny) is offering a free or low cost rental pop-up location in the most popular area in New York City for A-List Celebrities. The SoHo location is world famous with its designer boutiques, extravagant chain stores, and high-end art galleries. Known for its elegant cast iron facades
Illustrious artist Lynn Mara will be the first artist exhibiting her “Barcode Ponies” celebrating the Grand Opening of the soon-to-launch “Oasis Digital Gallery”, A virtual, 3-D experience that will feature 208 of Mara’s pieces available to purchase as NFTs. Oasis Digital Gallery is an extended reality experience created by Oasis Digital Studies Limited. Users will
Ukraine’s finance minister has told Sky News that Russia should be made to pay post-war reparations to his country once the conflict between the two has ended. In an exclusive interview, Sergii Marchenko said there was an expectation among Ukrainians that Russia should pay for its aggression, highlighting a variety of ways in which money
Prices have increased faster over the past 12 months than at any time in the previous 30 years, putting pressure on already stretched household budgets. The latest increases have been driven by rising household energy and fuel costs. But how much has your individual spending gone up in the past five years? Use our new
The chairman of the world’s richest basketball league has joined one of the consortia preparing to table final takeover bids for Chelsea Football Club this week. Sky News has learnt that Larry Tanenbaum, who chairs the National Basketball Association (NBA) and owns a host of North American sports teams, is among the investors backing Steve
One of Britain’s top boardroom headhunters is to oversee the search for a new chairman of the Premier League as a recruitment process gathers pace five months after the role’s last incumbent resigned. Sky News has learnt that MWM Consulting, which was set up by the veteran search consultant Anna Mann, has been charged with
- « Previous Page
- 1
- …
- 59
- 60
- 61
- 62
- 63
- …
- 120
- Next Page »