Business

The operator of Britain’s biggest cash machines network has recruited a former head of the Rugby Football Union (RFU) as its next chairman. Sky News understands that Tom Ilube, who stepped down as the RFU chair in 2024, will become the new chairman of LINK. An announcement is expected to be made on Monday. A…

The founder of Mumsnet is in talks with private equity investors about selling a stake in the online community for parents she set up more than a quarter of a century ago. Sky News has learnt that Justine Roberts, who launched Mumsnet in 2000, is working with advisers on a process which could ultimately see…

Peter Mandelson told Jeffrey Epstein he was “trying hard” to change government policy on bankers’ bonuses at his request, months after the convicted sex trafficker had paid thousands of pounds to the then UK business secretary’s husband. Emails released by the US Department of Justice (DoJ) on Friday shed new light on the closeness of…

Donald Trump has endorsed a spending deal negotiated by US Senate Republicans and Democrats that would stave off a government shutdown and temporarily fund the Department of Homeland Security. The move comes as the US reels from the deaths of two protesters at the hands of federal agents in Minneapolis. “Republicans and Democrats have come…

The dismantling of Sanjeev Gupta’s British business empire is accelerating after advisers were hired to find a buyer for a steel production business which supplies oil giants including BP and Shell. Sky News has learnt that Liberty Steel’s Hartlepool-based steel pipes unit, which employs about 170 people, is hunting a buyer within weeks. Industry sources…

Donald Trump has revealed his pick to become the world’s most powerful central banker, declaring Kevin Warsh “may be the best” ever. Mr Warsh, a former member of the Federal Reserve’s board of governors, will “never let you down” as chair of the country’s central bank, the president said in a Truth Social post. It…

Driverless cars are coming to London – some time this year. Waymo, Google’s driverless car division, has confirmed its self-driving cars will be fully operational by the end of 2026, assuming regulators give the go-ahead. The phrase “Q4” was mentioned: corporate code for the last few months of the year. There are around 24 Waymo…

Tesla is to axe production of two electric vehicle (EV) models as part of a shift towards robotics after the company reported its first ever decline in annual revenue. Chief executive Elon Musk told analysts on a conference call that the company would stop selling its older Model S and Model X vehicles and convert…

Santander has announced plans to close 44 bank branches, placing almost 300 jobs at risk. The lender said its move was a continuing response to the changing needs of its customers as more people bank online. News of the fresh closures come less than a year after it revealed plans to shut 95 sites. Santander…

A third of international travellers say they are less likely to visit the US if proposals to scrutinise social media accounts are brought in, according to a survey. It suggests proposals to screen visitors’ social media accounts and family histories – as announced last month – could cut tourism spending by $15bn (£10.8bn) and impact…