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    Rother Radio (128k) Love Local, Love Music!

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    Rother Radio (64K) Love Local, Love Music!

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Business News

381 Results / Page 1 of 43

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Business News

Low-deposit mortgage scheme starts as price tags on homes ‘hit record high’

Home buyers with deposits as low as 5% will now find more deals available following the start a government-backed mortgage scheme.The initiative, which was announced at the budget and is aimed at enabling more people to buy their own home, was launched as industry data suggested that separate government aid for the market was driving asking prices to record levels. Property website Rightmove said the extension of the COVID-19 crisis […]

today19/04/2021

Business News

US buyout firm Siris Capital plots fresh £600m tilt at Equiniti

An American private equity firm is on the verge of making a fifth bid approach for Equiniti, the FTSE-250 company which handles share registrar and other back-office services for some of Britain's biggest businesses.Sky News has learnt that Siris Capital is this weekend close to renewing efforts to engage the board of Equiniti - which is chaired by the City veteran Philip Yea - about a 170p-a-share takeover. Banking sources […]

today18/04/2021

Business News

Stop using Peloton treadmills if you have children or pets, US officials warn

US regulators have warned people to stop using a Peloton treadmill if they have children or pets.The US Consumer Product Safety Commission says it has received dozens of reports of children and animals being pulled underneath the Tread+ machine and becoming trapped. One child has died, and others have been left with injuries including broken bones, cuts and bruises.Warning: Some viewers may find this video distressing[embedded content] The safety commission […]

today18/04/2021

Business News

Revolut eyes $10bn valuation with new share sale

The founder of Revolut is plotting a new fundraising that will value the company at more than $10bn (£7.2bn) and cement his status as one of Europe's youngest fintech billionaires.Sky News has learnt that the digital lender is lining up FT Partners, the US-based fintech-focused investment bank, to advise it on a new equity-raise that would take place after the summer. City sources said this weekend that the process had […]

today17/04/2021

Business News

Elon Musk’s SpaceX wins $2.9bn NASA contract to send humans to the moon

Elon Musk's private space company SpaceX has won a $2.9bn (£2.1bn) NASA contract to build a spacecraft to put humans on the moon.The tech billionaire's firm was chosen ahead of Amazon founder Jeff Bezos' Blue Origin and defence contractor Dynetics Inc. Steve Jurczyk, NASA's acting administrator, said at a video conference: "We should accomplish the next landing as soon as possible. This is an incredible time to be involved in […]

today16/04/2021

Business News

Poundland owner Pepco snubs London with £4bn Polish float

Poundland's owner is snubbing London to pursue a €4.5bn (£3.9bn) listing in Warsaw after months of deliberations about a flotation that would have further bolstered the ranks of listed retailers on the London stock market.Sky News has learnt that Pepco Group, which trades from more than 3,000 stores across 15 European markets, has decided to pursue an initial public offering (IPO) in Poland that is likely to take place in […]

today16/04/2021

Business News

Ocado plots future of ‘kerb to kitchen’ robots in tech tie-up

Ocado has revealed plans to develop self-driving delivery vehicles and "kerb to kitchen" robots as part of a tie-up with tech firm Oxbotica.The online grocery firm hopes to see prototypes developed within two years though it will take longer before they are ready to start serving customers. Vehicles that operate within Ocado's depots will also be developed as part of the project, which aims to cut the cost of logistics […]

today16/04/2021

Business News

Travel firm wants cheaper COVID tests for UK tourists – and predicts countries on ‘green list’

The cost of COVID-19 tests for holidaymakers should be cut to £30 to encourage people to start travelling again, a boss at one of Britain's biggest travel chains has told Sky News.Jonathan Woodall, chief operating officer at Hays Travel, said that the current price of up to £200 for PCR tests was too high and will be a "barrier for customers" as restrictions ease next month. He said the government […]

today16/04/2021

Business News

Flutter places bet on sale of Oddschecker platform

The FTSE-100 gambling group behind Paddy Power and Betfair is exploring a sale of Oddschecker, the odds comparison platform, following the withdrawal of one of its biggest rivals.Sky News has learnt that Flutter Entertainment is working with investment bankers on a potential disposal of Oddschecker, which has had several owners since it was set up in 1999. Moelis is understood to be working on the sale, which City sources said […]

today16/04/2021

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