Category: Bussiness

Jeremy Hunt is convening a summit aimed at enticing more companies to London’s stock market amid an accelerating exodus of businesses being picked off by overseas and financial predators. Sky News has learnt that the Treasury has invited the bosses of some of Britain’s most prominent private companies to attend a meeting next month at...

The extraordinary, unprecedented and largely unexplained flows of millions of pounds of British luxury cars into states neighbouring Russia continued in February, according to new official data. Some £26m worth of British cars were exported to Azerbaijan in February, according to data from HM Revenue & Customs. The numbers show that in the latest quarter...

One of Britain’s biggest double-glazing suppliers has crashed into administration, leaving insolvency practitioners engaged in a race to salvage hundreds of jobs. Sky News has learnt that Everest, which has been owned by the prominent financier Jon Moulton’s investment firm Better Capital for more than a decade, called in administrators this week. ReSolve, a professional...

The Deputy Prime Minister will lead a 300+ strong business delegation to the Saudi GREAT FUTURES flagship event  in Riyadh. British Airways and HSBC announced as lead partners for major trade and culture event in Riyadh.  The GREAT Britain and Northern Ireland campaign has today announced key partners for the major business, tourism, education and...

Government has today launched Help to Grow: Management Essentials, a new online training course filled with practical advice and resources for small business leaders. The free short course is an introductory version of the full Help to Grow: Management course to reach even more small businesses Essentials is the latest addition to the Help to...

Ten SMEs announced as winners of the 2024 Made in the UK, Sold to the World Awards. Now in their second year, the awards celebrate outstanding small businesses achieving exporting success, as new figures show UK was world’s 4th largest exporter of goods and services in 2022. Winners include SMEs operating across the UK, such...

This event launches a year-long campaign to drive business engagement between the UK and the Kingdom of Saudi Arabia.  GREAT FUTURES will encourage trade and promote UK business, education and culture to a Saudi Arabian audience of senior Government and business figures.  In partnership with the Kingdom of Saudi Arabia’s Government, the UK Government’s GREAT...

Getir, the grocery delivery app once valued at nearly $12bn (£9.7bn), is close to pulling the plug on its operations in Britain in a move that would spark concerns for well over 1,000 jobs. Sky News has learnt that Getir is preparing to announce next week that it is withdrawing from the three remaining European...

Retail sales in Great Britain unexpectedly stalled in March as consumers cut back on spending because of the cost of living, according to new data. British retail sales volumes stagnated at 0% in March after an increase of 0.1% in February, according to the Office for National Statistics. The figures were worse than the 0.3%...

Getir, the grocery app which expanded at breakneck speed to become of the world’s most valuable fast-delivery platforms, is weighing a string of asset sales as part of crunch restructuring talks. Sky News has learnt that Getir, which was founded in Turkey and has a big presence in Britain, is examining possible disposals including FreshDirect,...

Innovate UK and the British Business Bank have further strengthened their collaboration by signing a memorandum of understanding (MoU). As partners dedicated to fostering innovation and growth of UK businesses across the country, this new collaboration will see the two organisations working even more closely. Together they will co-create new opportunities to promote investment and...