First time buyers are paying an average of nearly £200 extra a month compared to a year ago, according to research from a UK property website. As a result of higher asking prices and interest rates Rightmove has said first-time buyers with a 15% deposit now pay £1,056 a month compared to £865 a year
One of Britain’s leading independent precision engineering firms has been saved from collapse after a pre-pack administration deal led by its previous owner. Sky News understands Nasmyth Group is to remain under the control of Rcapital, the specialist turnaround investor, following a transaction that is expected to salvage more than 450 jobs. City sources said
BP is exploring a sale of two of the companies owned by its early-stage ventures arm in a move which could raise tens of millions of pounds. Sky News has learnt that the FTSE 100 company’s Launchpad division has begun contacting prospective buyers of Lytt and Onyx Insight in recent weeks. Lytt transforms large amounts
Adidas has reported a drop in sales but better than expected profits in the wake of its high-profile split from shamed rapper and fashion designer Kanye West. The sportwear company said the loss of his Yeezy trainers brand was “hurting” the business but it pointed to some of the pain being eliminated by a recovery
The parent company of British Airways has raised its forecast for annual operating profits due to stronger bookings, saying it expects capacity to be at 97% of the 2019 pre-pandemic year. International Airlines Group (IAG), which also counts Iberia and Aer Lingus among its stable of brands, said its focus on restoring earnings on key
The crisis-hit CBI has drafted in a business ethics consultancy to aid a review of its culture four weeks before a meeting of its membership that will determine its future. Sky News can reveal that Rain Newton-Smith, the new CBI director-general, has signed off the appointment of Principia following an exodus of corporate backers two
Six people, including four teachers and two other members of staff, have been killed in a shooting at a school in Pakistan. A group of gunmen stormed the government school where students were taking exams. The atrocity could have been in retaliation for an earlier attack in which another teacher was shot dead on a
Grenada is showing increasing interest in becoming a republic, with the country’s prime minister hoping it will be under his leadership. In an interview with Sky News, Grenadian Prime Minister Dickon Mitchell spoke about republicanism, the Commonwealth, and the relationship the island nation has with the UK ahead of the King’s coronation. When asked if
The Eta Aquariid meteor shower is expected to peak in the early hours of Saturday 6 May. It’s time to camp out, gather your sleeping bags and prepare for a night of stargazing, as you might be able to see a spectacular display of 120-160 shooting stars per hour. The Eta Aquariids occur when the
We barely slow for red lights as cars pull out of our way. We virtually take off as we scream over a hilly stretch of road. We’re on board a Red Cross ambulance answering an emergency call in the northern Mexican city of Tijuana. It’s one of the most dangerous cities in the world. A
World Health Organization officials have said COVID is no longer a global health emergency. “It’s with great hope that I declare COVID-19 over as a global health emergency,” WHO Director-General Tedros Adhanom Ghebreyesus said. “That does not mean COVID-19 is over as a global health threat.” In May last year, WHO experts said the end
Ukraine has said it has shot down more than a dozen Russian-launched drones in the early hours of Thursday morning. The 18 drones were among 24 launched in pre-dawn attacks across Ukraine, with a number aimed at Kyiv – all of which were destroyed alongside an unspecified number of missiles, city officials said. Administration officials
A Nigerian senator, his wife and a medical “middleman” have been jailed for conspiring to traffic a market trader to the UK to harvest his kidney. Politician Ike Ekweremadu, 60, his wife Beatrice, 56, and 25-year-old daughter Sonia stood trial accused of a conspiracy to bring the man to Britain from Lagos for his organ.
A man has been shot dead and several people left injured during celebrations for Napoli’s first league title win in 33 years. The 26-year-old man was taken to hospital in Naples in a serious condition where he later died, Italian daily newspaper La Repubblica reported. Friends and relatives of the victim allegedly vandalised the emergency
For the world’s most powerful, there can be no fixture quite as rare, glittering and sought after as a British coronation. There has not been one for seven decades and leaders and their retinues are flying in to take part. For Britain, it is a chance to show off its best assets and exude and
At least eight people have been killed and 13 injured in a drive-by style shooting in Serbia as police hunt for the suspect, state TV reported. The attacker used an automatic weapon to shoot randomly at people near the town of Mladenovac, some 50km south of the capital Belgrade, the Radio Television of Serbia (RTS)