January 2026

Amazon has told staff it plans to cut around 16,000 jobs globally as part of efforts to streamline operations and reduce bureaucracy across the business. Beth Galetti, senior vice president of people experience and technology at the company, said in a message to employees: “I recognise this is difficult news, which is why I’m sharing

The Original Factory Shop (TOFS) will this week become the latest retailer to call in administrators, putting about 1,200 jobs at risk. Sky News has learnt that the discount chain, which was already on the brink of collapse when it was bought by Modella Capital last year, is expected to appoint Interpath to handle its

KKR, the American asset management behemoth, is in detailed talks about a multibillion pound deal to take a stake in the sports investment vehicle which owns stakes in Six Nations Rugby, women’s professional tennis and the top flights of French and Spanish men’s football. Sky News has learnt that KKR has emerged as the leading

Fried chicken lovers have more choice then ever after a host of big international players arrived on UK high streets over the last few years. Dave’s, Slim Chickens, Wingstop, Jollibee and Popeyes are all now fighting for some of KFC’s market share. Then there’s the British chains quietly expanding in neighbourhoods around the country –

EasyJet has been banned from claiming in its marketing that the cost of adding a large cabin bag to a flight booking is “from £5.99”, after the advertising watchdog found the price was “misleading”. The Advertising Standards Authority (ASA) said there was “insufficient evidence” that the price was widely available. The ASA banned the airline