Lecturers’ pension fund seeks new tune with £90m O2 arena bid

Lecturers’ pension fund seeks new tune with £90m O2 arena bid

Britain's biggest private pension fund has entered the race to buy the lease of the O2, London's best-known entertainment venue.Sky News has learnt that the Universities Superannuation Scheme (USS) is among the bidders for the long-term income stream generated by the arena.Pension fund sources said a number of prominent institutional investors were participating in an auction being run by Eastdil, the real estate-focused investment bank.USS, which owns stakes in the operator of Britain's air traffic control service and Moto, the […]

10/04/2025 9

Politics

Challenge posed by Trump’s tariffs has ‘not gone away’, says PM

Sir Keir Starmer has warned the challenge posed by Donald Trump's tariffs has "not gone away" despite the president announcing a 90-day pause on the higher rates.Stock markets rallied after Mr Trump made the surprise decision to pause most of his tariffs for 90 days, leaving in place 10% default tariffs for almost all countries, including the UK.The president has indicated the timeframe will be used to strike deals with trading partners and claims around 75 countries have asked the […]

10/04/2025 7

US

Egg prices reach record high in US – why are they so expensive?

The price of eggs has reached a record high in the US.The average price for a dozen eggs reached $6.23 (£4.82) in March, despite a drop in wholesale prices and no egg farms having outbreaks of bird flu.The country has been experiencing record-high prices since the beginning of the year, hitting $5.90 in February, according to the US Bureau of Labor Statistics, more than double the long-term average of $2 (£1.54).Although the wholesale price of eggs had started to decline […]

10/04/2025 1

Entertainment

Saturday Night Live gets British version

A British version of long-running US sketch show Saturday Night Live (SNL) will be coming to Sky next year.An American pop culture institution, SNL launched the careers of stars including Bill Murray, Tina Fey, Eddie Murphy, Kristen Wiig and Will Ferrell. Image: Donald Trump on a Mothers Day episode SNL in 1993. Pic: AP It's also featured a host of celebrity and political guests, including tech billionaire Elon Musk and Donald Trump when he was a presidential candidate.SNL celebrated 50 […]

10/04/2025

Politics

Badenoch denies supporting local coalitions but says leaders must ‘do what they need to do’

Elected councillors must "do what they need to do" to serve the people, Kemi Badenoch said after she suggested Reform and the Tories could form alliances at a local level. The Conservative leader said that while she doesn't actively support council coalitions, she is ultimately leaving the decision to local politicians "because they can't have a re-election if they don't have an outright majority".Politics Live: Cabinet Office slashes workforce as 1,200 jobs cutHowever, she said that at a national level […]

10/04/2025 14

How market turmoil has affected mortgages, savings, holidays and fuel

Global financial markets have been on a rollercoaster ride over the past few days, but now, with President Donald Trump having paused his "retaliatory" tariffs, the situation should stabilise.Here, we outline how the pound in your pocket has been affected.Stock markets, bonds and currencies moved sharply after Mr Trump put a 90-day pause on tariffs other than the base 10% tax slapped on almost all imports to the US. China still faces a levy of 125% on the goods it […]

10/04/2025

A week of chaos: How Trump sent markets on a rollercoaster ride

Are there signs the storm created by Donald Trump's tariffs could be calming?Global markets have rebounded following the US president's announcement of a 90-day pause on most tariffs, prompting hopes that a wider financial crisis could perhaps be avoided.The turnaround came less than 24 hours after steep new tariffs kicked in on most US trading partners and followed the most intense episode of financial market volatility since the early days of the COVID-19 pandemic.But volatile times could still be ahead, […]

10/04/2025 11

Entertainment

The government needs the guts to stand up to ‘the bully in the White House’, says director of hit BBC series

The director of hit BBC period drama Wolf Hall says the government "needs to have enough guts to stand up to the bully in the White House" to protect the future of public service broadcasting.Peter Kosminsky told Sky News' Breakfast with Anna Jones that calls for a streaming levy to support British high-end TV production was urgently needed to stop the "decimation" of the UK industry.His comments follow the release of a new report from the Culture, Media and Sport […]

10/04/2025 12

Home

Could the Menendez brothers be freed? Resentencing hearing set to begin

The Menendez brothers, who were convicted of killing their parents in their Beverly Hills mansion in 1989, may be released from prison after a two-day resentencing hearing on Thursday and Friday. Lyle Menendez, 56, and his 53-year-old brother Erik are serving life in prison without parole for the shotgun murders of their father and mother - Jose and Kitty Menendez.Speaking from prison for the first time in nearly 10 years, Lyle said he and his brother are "cautiously hopeful" about […]

10/04/2025

Month: April 2025