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Gousto chief Boldt under fire after tucking into discounted share deal Timo Boldt, Gousto's founder and CEO, sold shares at a $1.7bn valuation last year before buying new stock for a price roughly 80% lower, sparking criticism from shareholders, Sky News learns. Mark Kleinman City editor @MarkKleinmanSky Monday 6 March 2023 13:29, UK Undated handout photo from Gousto Pic: Gousto Image: Pic: Gousto Why you can trust...

Analysis Budget 2023: Corporation tax set to rise from 19% to 25% in April The increase in tax being paid by corporations has sparked an enormous debate about the government's attitude to business - at the heart of which is whether or not low rates of corporation tax provide incentives for businesses to invest. Ian King Business presenter @iankingsky Monday 6 March 2023 16:01,...

Co-operative Bank finds Sainsbury's un-cooperative over £650m mortgage deal Talks between the two mid-tier UK lenders about a transaction have fallen apart amid a disagreement on the price the Co-operative Bank would pay, Sky News understands. Mark Kleinman City editor @MarkKleinmanSky Monday 6 March 2023 18:27, UK Retail Logo Stock Sainsbury’s Bank MIME type: image/jpeg Width: 5200 Height: 3472 Copyright holder: PA WIRE Copyright notice: PA Wire/PA Images Picture by: Mike Egerton Why you can trust Sky News The...

Hospitality chief urges Shapps to overhaul Ofgem powers amid energy squeeze Kate Nicholls, the boss of UK Hospitality, has warned the energy secretary, that the industry regulator needs to be handed urgent powers to tackle suppliers' treatment of business customers in a letter seen by Sky News. Mark Kleinman City editor @MarkKleinmanSky Monday 6 March 2023 12:22, UK Grant Shapps Image: Energy Secretary Grant Shapps Why...

Energy crisis: European gas storage levels at record highs - and it suggests good news for supplies Record gas storage levels this year are unlikely to mean prices drop to levels seen before the pandemic and the Ukraine war, but energy security has improved after months when the UK worried about keeping the lights on. Sarah Taaffe-Maguire Business reporter @taaffems Monday 6 March...

Starbucks plans to open 100 new UK sites in Europe expansion The company reveals an investment in its UK operations in a move that will be seen as a firm commitment to its largest European market. James Sillars Business reporter @SkyNewsBiz Monday 6 March 2023 12:30, UK Pic: AP Image: Starbucks has 1,066 sites in the UK already. Pic: AP Why you can trust Sky News Starbucks has...

CBI boss Danker 'steps aside' amid investigation into workplace conduct Tony Danker had requested to leave the role while a number of allegations are examined. James Sillars Business reporter @SkyNewsBiz Monday 6 March 2023 13:15, UK File photo dated 04/11/20 of CBI director-general Tony Danker. Image: Tony Danker became head of the CBI in November 2020 Why you can trust Sky News The director general of the Confederation...

Artificial intelligence can now pick out transplant organs 'more effectively than what human doctors can see' The new method developed by experts uses AI and its "memory" of tens of thousands of images of donor organs to identify those that offer the best chance of transplant success. Lucia Binding News reporter @luciabinding Wednesday 1 March 2023 09:48, UK LibDems request to train GPs and...

Explainer Revealed: How Netflix plans to stop you sharing your password Find out everything you need to know about a major shift in how Netflix plans to stop people sharing passwords with other households, potentially putting your children's attempts to binge-watch Stranger Things at university on ice. By Tom Acres, technology reporter Saturday 4 February 2023 12:58, UK Netflix screen on a television in...

Toothed whales use their nose to produce the loudest sounds, scientists say Researchers found that toothed whales create the loudest sounds in the animal kingdom - and apparently it's all in the nose. Friday 3 March 2023 12:19, UK Pic: AP Image: Toothed whales use their nose to produce the loudest sounds. Pic: AP Why you can trust Sky News It has always been a mystery...

Archaeologists in Egypt unearth Sphinx-like statue and shrine The statue is reminiscent of the well-known Sphinx in the Pyramids of Giza complex, and archaeologists believe the new discovery's smiling features may belong to the Roman emperor Claudius. Tuesday 7 March 2023 00:47, UK Pic: Egyptian Ministry of Tourism and Antiquities/AP Image: The statue was uncovered at an archaeological site in Qena. Pic: Egyptian Ministry...

'We found them before the police': Officers criticised over search for Cardiff crash victims Eve Smith and Darcy Ross, both 21, died along with 24-year-old Rafel Jeanne, while a man and a woman who were in the same car as them were seriously injured, after they were involved in a crash near Cardiff. Tuesday 7 March 2023 02:18, UK Darcy Ross, Rafel...

Kim Jong Un could be presenting daughter as successor as he 'seeks to portray family as being like British monarchy' Though many will question whether a patriarchal country such as North Korea can have a female leader, Jean H Lee, a journalist who reported from inside the country for nine years, points out that there are several women already in...

Exclusive Women's World Cup 2023: FIFA may drop Visit Saudi as sponsor, Sky News learns More than a month ago, the football federations of Australia and New Zealand complained to FIFA saying they were not comfortable with Visit Saudi as a sponsor over rights concerns and the lack of consultation. Rob Harris Sports correspondent @RobHarris Monday 6 March 2023 19:34, UK FILE - In this...