Britain’s biggest energy retailers have told ministers they will provide more than £500 million of extra help to households as the government tries to avoid criticism over the row over winter fuel payments. Sky News has learned that the industry body, EnergyUK, plans to make a joint announcement with the Department for Energy Security and … Read more
What to know about 2025 inflation-adjusted tax brackets – CBS News Watch CBS News CBS News business analyst Jill Schlesinger breaks down the IRS’s new 2025 tax brackets. Each year, the agency makes adjustments to the tax code to take inflation into account. Be the first to know Get browser notifications for breaking news, live … Read more
What do you know about estate planning – CBS News Watch CBS News A new poll shows that the number of Americans with a will is down 6% from last year, although a majority say having a will is important. CBS News business analyst Jill Schlesinger explains what to know about estate planning and your … Read more
The Premier League is making plans to submit new proposals to its clubs for a financial settlement with the English Football League (EFL) as soon as next month. Sky News has learned that the Premier League shareholders’ meeting on November 22 is expected to include a discussion on a range of new offers to be … Read more
Mitty Group, the London-listed outsourcing company, has begun a search for a successor to Derek Mapp, its long-serving chairman. Sky News has learned that the FTSE-250 company is working with search firm MWM Consulting to search for a replacement for Mr Mapp. According to city sources, the search for potential candidates began in the past … Read more
Technology entrepreneur who introduced Rachel Reeves ahead of her speech at the Labor Party conference this autumn is raising £5m for her architectural technology start-up. Sky News understands that Resi Design, which was co-founded by Alex Depledge and counts broadcaster ITV among its shareholders, is in detailed talks to close a funding round that would … Read more
A chain of premium burger restaurants founded by a former business partner of James Bond actor Sir Roger Moore has appointed advisers to explore a sale. Sky News has learned that Haché, which has five outlets across London, is working with Interpath Advisory on a fast-track auction process. The search for potential buyers has begun … Read more
The Chancellor will need to spend an additional £20bn by the end of Parliament to keep public investment at current levels. Rachel Reeves He promised to unveil an “investment budget” next week, reversing the “years of underinvestment” overseen by the previous budget. governor government. However, this could involve taking on billions of pounds of new … Read more
Rachel Reeves will rewrite the Government’s fiscal rules in next week’s Budget to allow it to increase borrowing for public investment by around £50 billion. Speaking to Sky News in Washington, DC, the Chancellor said: Self-imposed rule Under which borrowing must decline by the fifth year of the economic outlook will be redefined from the … Read more
Reaction Engines, the British leader in hypersonic aviation, has moved to reassure staff that they will be paid this month as talks to save the company continue. Staff at Reaction Engines were told this week that it would meet its October payroll obligations amid growing doubts about its survival, Sky News has learned. The company … Read more