Business

A legal technology start-up which was feted as one of the industry’s most promising players after raising tens of millions of pounds from blue-chip investors is on the brink of selling the bulk of its operations to a rival. Sky News understands that Robin AI, which was forced to lay off a big chunk of

👉 Follow Trump100 on your podcast app 👈  A new White House National Security Strategy gives us an insight into how Donald Trump views the world, and the US’s place within it. Is this America rejecting Europe and uprooting the established world order? Two massive media companies go head-to-head to buy Warner Bros in a

A Blackpool-based provider of marketing solutions is plotting a London stock market flotation, providing a welcome boost amid concerted government efforts to make the UK capital markets more attractive. Sky News understands that International Connections Group (ICG), which provides advertisers with targeted print and digital solutions in sectors such as luxury hotels and funeral homes,

Netflix has agreed a $72bn (£54bn) deal to secure Warner Bros Discovery’s film and TV studios and supercharge its library through rights to top franchises including Harry Potter and Game Of Thrones. It had been reported that the US streaming giant was in exclusive talks over the deal following a bidding war for the assets.

The owners of one of Britain’s biggest trade show operators has picked bankers to oversee a sale next year which could fetch well over £1bn. Sky News has learnt that Providence Equity Partners, which has backed CloserStill Media since 2018, has hired Jefferies and The Raine Group to orchestrate talks with potential buyers. City sources

Discount retailer Poundland has revealed another wave of store closures over the winter as part of turnaround efforts by the new owners. A further 14 stores will close down by early February, on top of the 19 already set to shut down over the coming months. By early next year, the budget chain will have

Piers Morgan, the broadcaster and journalist, is raising tens of millions of dollars of funding from heavyweight investors as he seeks to turn Uncensored, his YouTube-based venture, into a broad-based global media business. Sky News can exclusively reveal that Mr Morgan is in the process of finalising a roughly $30m (£22.5m) fundraising for Uncensored that

Jamie Oliver is relaunching his high street chain, Jamie’s Italian, six years after the business collapsed, causing hundreds of job losses. The TV chef will start by opening a restaurant in London’s Leicester Square next spring in partnership with Brava Hospitality Group, which runs another Italian eatery chain, Prezzo. Oliver, 50, has presented a host

Netflix’s $72bn takeover of Warner Brothers is a blockbuster in every sense. It is less than 30 years since Reed Hastings and Marc Randolph began their mail order DVD rental business, barely 20 since Netflix began streaming content online, and just over a decade since its first wave of original content, including House Of Cards.

It’s a debate that has raged since the end of the COVID pandemic but, despite regulatory scrutiny, it’s fair to say there’s been no clear answer to accusations that UK drivers pay over the odds for fuel. What was once a promotional loss leader for supermarkets desperate for drivers to fill their car boots with

The UK’s construction sector suffered its sharpest contraction in activity since May 2020, according to a closely-watched survey taken before this month’s budget. S&P Global’s monthly purchasing managers’ index (PMI) covering November makes grim reading for the government. The survey of business behaviour showed steep falls in all three sub-sectors: civil engineering, residential, and commercial

The London-listed asset management group Premier Miton is this week set to name one of the City’s leading financial institutions bankers as its next chairman. Sky News has learnt that Christopher Williams, whose career as an adviser encompassed stints at Citigroup, Credit Suisse and Perella Weinberg Partners, is to succeed Robert Colthorpe as Premier Miton’s

O2, Vodafone, EE and Three are facing a huge class action lawsuit in the UK over claims millions of loyal customers have been overcharged. Named the loyalty penalty claim, the case alleges that companies were charging long-standing customers for their handsets beyond their contractual term. It claims up to 10.9 million phone contracts were affected

Directors of Thames Water will meet within days to decide whether to proceed with more than £2m of retention payments to senior executives amid fierce scrutiny from MPs. Sky News has learnt that the crisis-hit water utility’s remuneration committee will hold talks next week after taking legal advice on whether to press ahead with the

Some of the global pharmaceutical industry’s top executives are to form a new panel with the government aimed at devising a new pricing regime for key medicines. Sky News understands that Whitehall officials and ministers will invite bosses from companies including AstraZeneca and GSK to join the new working group in the coming weeks. The

Did the chancellor mislead the public, and her own cabinet, before the budget? It’s a good question, and we’ll come to it in a second, but let’s begin with an even bigger one: is the prime minister continuing to mislead the public over the budget? The details are a bit complex but ultimately this all