Cineworld is drawing up plans to axe dozens of British cinemas as part of a radical restructuring that would also include extensive rent cuts. Sky… Read More »Cineworld to exit dozens of cinemas in radical restructuring plan
An online crafts retailer which saw sales boom during COVID-19 lockdowns is exploring a cut-price sale. Sky News understands that Lovecrafts, which is chaired by… Read More »Online retailer Lovecrafts drafts in Interpath to oversee sale
A free streaming service to rival the likes of Netflix, Amazon Prime and Disney+ is being launched in the UK by Rupert Murdoch’s Fox Corporation.… Read More »New free streaming service launched in the UK
Average house prices are still unaffordable for the typical earner, the UK’s largest building society has said. Despite wages rising above the rate of inflation… Read More »House prices still unaffordable says UK’s largest building society
The chief executive of Boots, Britain’s biggest high street pharmacy chain, is quitting after its owner’s plans for a £5bn sale or stock market listing… Read More »Boots chief James quits after owner’s £5bn sale plan stalls
Britain’s fourth-biggest household energy supplier is lining up bankers to explore options including bringing in a new investor or a sale, 15 years after it… Read More »Energy supplier OVO to explore options including sale
The UK’s exit from recession during the first three months of the year was stronger than initial figures suggested, according to official data. In an… Read More »Exit from recession was stronger than first thought
The chief executive of Lloyds Banking Group – the UK’s biggest lender – has warned whoever wins the general election that they will not be… Read More »Public debt limiting next government’s ability to invest says head of UK’s biggest lender
An operator of Formula One driving simulators is raising £100m to fund its expansion in a financing round backed by the sport’s owner. Sky News… Read More »F1 simulator chain on pole position for £100m financing boost
Combined losses across Premier League clubs in the 2022-23 season grew by 16% despite a rise in revenue to £6bn for the first time, according… Read More »Premier League clubs’ losses grow despite record revenue