Emergency bill to protect British Steel becomes law

Emergency bill to protect British Steel becomes law

An emergency bill to save British Steel's Scunthorpe blast furnaces has become law.

12/04/2025 4

How to complain in a restaurant, according to chefs, etiquette expert and the King’s former butler

As household budgets are squeezed, the pressure to enjoy a meal out has risen - and with it the expectations on restaurants.

12/04/2025 1

Starmer’s search for football watchdog chair goes into extra-time

The appointment of the inaugural chair of English football's new watchdog has been thrown into fresh uncertainty after Whitehall officials resumed contact with applicants who did not make it onto a final shortlist.

12/04/2025 5

MPs to debate emergency legislation to ‘take control’ of British Steel

Sir Keir Starmer has said the government will debate emergency legislation on Saturday to keep the British Steel plant in Scunthorpe open as "our economic and national security is on the line".The prime minister added that "the future of British Steel hangs in the balance" and legislation will be passed tomorrow to allow the government to "take control of the plant and preserve all viable options" for it.MPs and Lords are being summoned back from Easter recess to Westminster to […]

11/04/2025 9

Hilco and Lakeland management close in on deal for family-owned retailer

The prolific high street investor Hilco Capital is closing in on a deal to fund a buyout of Lakeland, the family-owned homewares retailer.Sky News has learnt that Hilco, which has backed retailers including HMV and Superdry, and Lakeland's management are in advanced talks with its shareholders about a deal to take control of the 61 year-old business.A deal could be formally agreed in the coming days, according to insiders.If confirmed, a sale of Lakeland would follow months of talks with […]

11/04/2025 1

Some good news for the British economy – but the celebration might not last long

We've been waiting for a while for the Office for National Statistics to deliver us some good news on the British economy - and today it came.

11/04/2025 4

UK economy grew faster than expected in February

The economy performed better than expected in February, growing by 0.5% according to official figures released on Friday, but comes ahead of an expected hit from the global trade war.The standard measure of an economy's value, gross domestic product (GDP), rose in part thanks to a suprisingly strong performance from the manufacturing sector, data from the Office for National Statistics (ONS) suggested.Following the publication of the figures, the British pound rose against the dollar, jumping 0.4% against the greenback to […]

10/04/2025

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

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

Business