Business

Donald Trump has revived his criticism of the head of the US central bank, describing Jay Powell as “terrible” and “stupid”, adding there were up to four candidates to succeed him. The president, who threatened to fire Mr Powell earlier this year before U-turning on that course early this month, has consistently demanded the Federal…

Shell has denied it is in talks with BP over a possible takeover of its smaller rival. The Wall Street Journal, citing a number of sources, reported on Wednesday evening that discussions between the two UK-based energy firms were at an early stage but active. The US publication added that BP was considering the approach….

In 2024, the average price of a cinema ticket was £7.73, but at many cinemas, you can end up paying significantly more. Odeon Luxe, Everyman and Picturehouse Central offer premium experiences, with fully reclining seats and enhanced audio and visual – but it comes at a hefty price tag of up to £20 per ticket….

As MPs push back against reforms to the welfare system, Darren McCaffrey speaks to Helen Thomas, former adviser to George Osborne and chief executive of financial consultancy firm Blonde Money. Arun Advani, director of the independent Centre for the Analysis of Taxation, joins to talk about Labour’s non-dom tax policy. And Darren looks at the Thames…

The former boss of mobile phone network EE is taking on a powerful new role at the heart of a sports portfolio which includes interests in Six Nations Rugby, Spanish top-flight football and the women’s global tennis tour. Sky News has learnt that Marc Allera, who stepped down as the boss of BT Group’s consumer…

High street retailer River Island has announced the locations of the 33 shops it is to shut. It confirms Sky News reporting that the clothing chain, which trades from about 230 stores, is to close 33 shops in a restructuring plan which will be put to creditors in August. The fate of another 70 shops…

More people than ever are struggling to live on their current income – while just a third say they are living comfortably, according to new research. Rising prices and sluggish pay increases have put many people’s finances under strain in recent years. A record 26% now say making ends meet is difficult. Before the pandemic,…

Guests have begun arriving in Venice for Amazon founder Jeff Bezos’s multimillion-pound wedding, which has had to find a new venue. The billionaire will marry Lauren Sanchez in the Italian city this week, and the couple will mark the occasion with three days of celebrations costing up to €48m (£41m). The venue where the couple…

For more than a year, we have been tracking the flow of sanctioned items out of the UK and towards Russia. Electronic equipment, radar parts, components used to make aircraft and drones. These are all items that have been banned from going to Russia. For good reason: while Britain is far from a global manufacturing…

An entire Scottish island, complete with a ruined castle and several holiday homes, has gone on sale for £5.5m. Shuna Island spans approximately 1,110 acres and is on sale for the first time after being held by the same family for 80 years. Estate agents Sotheby’s International Realty said the island was a “truly rare…