Business

Sir Jim Ratcliffe, the petrochemicals billionaire, is contemplating buying a minority stake in Manchester United Football Club rather than seeking full control, in an effort to end a nearly 10 months-long process to resolve the club’s future ownership. Sky News has learnt Sir Jim’s Ineos Sports vehicle has proposed to the controlling Glazer family a
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Top Tories are setting out their policies as the Conservative Party conference kicks off in Manchester – with levelling up, immigration, Ukraine and the next general election on the agenda. Rishi Sunak has announced that more than 50 “overlooked” British towns will be given £20m each over the next 10 years to regenerate high streets,
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Energy bills in the first three months of 2024 are projected to increase before dropping later in the year, according to a closely-watched forecast. Consumers can expect more costly bills from January as energy regulator Ofgem will bring its price cap up to £1,898 for an annual average household bill – an increase of £64,
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Unsecured creditors in Wilko face recovering as little as 4p in the pound of the money they are owed, according to the first estimate published by the collapsed retailer’s administrator. Sky News has learnt that PricewaterhouseCoopers’ proposals, circulated on Thursday evening, informed unsecured creditors in Wilko Limited, the main trading company, that they were likely
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One of Britain’s most prominent university spinout ventures is backing a developer of therapies for neurological diseases as part of a capital-raising to fund it through to clinical trials. Sky News understands that Crucible Therapeutics, which was founded by University of Sheffield academics at its Department of Neuroscience, will announce this week that it has
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The northern section of the HS2 high speed rail line looks set to be scrapped by Rishi Sunak, Sky News understands. It comes as a number of Sunday newspapers reported that any decision would be announced before next weekend’s Conservative Party conference. Sky News political correspondent Tamara Cohen said: “The widespread view in Westminster is
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