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The former chief executive of Carillion has been fined Β£237,700 by the City regulator for his role in misleading statements by the βcompany before its collapse eight years ago. The Financial Conduct Authority (FCA) described Richard Howson’s handling of the construction firm’s communications with the market, ahead of its demise in 2018, as “reckless”. The…
The government has announced a sweeping crackdown on tech firms to protect children from illegal content. It will include measures to eliminate “vile illegal content created by AI”, and could even open the door to an Australia-style age limit on social media, a Number 10 spokesperson said. It also promises to shut down the loophole…
The UK’s biggest banks have had a strong annual earnings season. Updates from Barclays, Lloyds and NatWest have shown strong profit growth, with their respective UK earnings being boosted by the slower-than-hoped-for pace of interest rate cuts introduced by the Bank of England last year. Cost-cutting has played a role too, with lenders eyeing up…
Philip Jansen, the former BT Group boss, is taking on the chairmanship of a US-based payments software company which boasts more than 60 million end-users around the world. Sky News understands that Mr Jansen, who now chairs Heathrow Airport and the London-listed marketing services group WPP, is to take the helm of Xplor Technologies, a…
A financial trading company which counts the former mining tycoon and erstwhile Conservative Party treasurer Sir Mick Davis among its board members is reviving plans for a Β£40m London stock market listing. Sky News understands that Iforex Financial Trading Holdings, which sells financial instruments used to place wagers on the direction of equities and other…
The Emirati businessman credited with turning DP World into a global logistics powerhouse has left the company amid questions over his links to the disgraced paedophile financier Jeffrey Epstein. Sultan Ahmed bin Sulayem was the chairman and CEO of the Dubai based group and its earlier entities for more than four decades. Its interests include…
BrewDog, the leading independent craft brewer behind brands including Punk IPA and Elvis Juice, has called in advisers to oversee a sale that could trigger a break-up of one of Scotland’s best-known businesses. Sky News has learnt that the board of BrewDog has appointed AlixPartners, the restructuring experts, to field interest from potential bidders. Sources…
The Premier League could receive a Β£750m annual revenue boost by centralising perimeter advertising sales and increasing the number of top-level commercial partners associated with the world’s most lucrative domestic football competition, its clubs have been told. Sky News has learnt that the 20 top-flight sides were informed at a shareholder meeting this week that…
A railcard is a discount card that allows you to save money on the price of eligible train tickets. The cards are available for either one year or three years. Most people will be eligible for at least one type of card, depending on factors such as your age and who you normally travel with….
More than 10 years ago, I filmed my kids for a report on the impact of screens on young minds. My eldest daughter was six at the time, her twin sisters nearly three. They didn’t have their own devices – Instagram, Snapchat and YouTube were beyond their imagination. TikTok hadn’t even been invented. Yet now…
