Business

Peter Jones, the entrepreneur and Dragons’ Den judge, is close to teeing off with the addition of American Golf, the retail chain, to his array of business interests. Sky News has learnt that Mr Jones is in advanced talks to buy American Golf from Endless, its long-standing private equity backer. Mr Jones, a keen golfer…

Staff are most likely to see their pay rise by the same amount as last year, new data shows. Some 44% of bosses intend to award a similar wage increase, while 28% will compensate employees more generously. Another 28% say their workers face a smaller pay rise than last year. The figures come from a…

Gold and silver costs are taking further punishment on Monday following record routs seen at the end of last week. Both precious metals had stood at record values on Thursday but fell sharply after Donald Trump revealed his nomination for the chair of the US central bank. The announcement on Friday that he wanted Kevin…

Anthony Joshua, JK Rowling and Mo Salah have been named among the UK’s 100 biggest taxpayers. The billionaire brothers behind gambling giant Betfred topped the rankings of The Sunday Times Tax List 2026 for the first time, surpassing musicians, entrepreneurs and sports stars. Fred and Peter Done, who founded the Warrington-based business in 1967, paid…

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…