1,200 jobs at risk as The Original Factory Shop calls in administrator
The Original Factory Shop (TOFS) will this week become the latest retailer to call in administrators, putting about 1,200 jobs at risk. Sky News has...
Business
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Money Problem: ‘We can’t sell our house – and it’s our neighbour’s fau
Every week, the Money team answers a reader’s financial problem or consumer dispute – you can email yours to moneyblog@sky.uk. Today’s is… Our neighbour painted...
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Pubs and music venues to be handed business rates relief after governm
A U-turn by the Treasury will see pubs and music venues across England and Wales handed temporary relief from the worst of planned rises to...
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Hundreds of jobs lost as Revolution bars owner enters administration |
Nearly 600 jobs have been lost after the owner of Revolution bars went into administration. The Revel Collective, which revealed on Monday that it had...
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Freedom Fibre and Truespeed close to finalising altnet merger | Money
Two major broadband altnets are close to finalising a merger that will propel them into the ranks of the sector’s largest players amid growing financial...
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HMRC to roll out penalty points system | Money News
HMRC will start rolling out a new penalty points system this month. The tax office is trialling the programme with 100 taxpayers as part of...
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Loveholidays targets March launch for £1bn London float | Money News
The owner of Loveholidays, one of Britain’s biggest online travel agents (OTAs), has added to the syndicate of banks preparing to help it launch a...
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Energy price cap facing upwards pressure from US storm | Money News
Energy bills for households and businesses are facing upwards pressure from a surge in wholesale natural gas costs, according to market experts. Both day-ahead and...
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‘The pay is painfully low’: Criminal barrister on salaries and why no
If you’ve ever spent your morning commute daydreaming about starting afresh with your career, this feature is for you. Each Monday, we speak to someone...
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UK bank fined for breaking Russia sanctions | Money News
Bank of Scotland (BoS) has been fined by a regulator for breaking sanctions related to Russia’s war in Ukraine. The Office of Financial Sanctions Implementation...
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Tech rental subscription service Raylo clicks on £30m fundraising | Mo
A consumer tech rental service which has struck partnerships with Apple, Dyson and Sony’s PlayStation brand has landed £30m in new financial backing and an...
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Claire’s collapse into administration renews high street fears | Money
The British operations of Claire’s, the accessories retailer, have collapsed into administration just four months after their last brush with insolvency, putting more than 1,000...