Business

Hedge fund manager Crispin Odey claimed he groped woman because he was under general anaesthetic, tribunal hears

A former hedge fund manager claimed he groped a colleague’s breasts because he was under general anaesthetic, a tribunal has heard.  Crispin Odey, 67, once one of the richest hedge fund managers in Britain, was previously accused of inappropriate conduct at least 46 times between 2003 and 2020. He was banned from the UK finance […]

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Government looking at decoupling electricity and gas prices to bring down bills

Ed Miliband has told Labour MPs he is committed to looking at unhitching electricity prices from gas in a bid to bring down household bills. The energy secretary told a meeting of the Parliamentary Labour Party (PLP) on Monday night that the move would be “complicated but possible”, according to sources present. Politics Hub: Follow

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Pet owners to pay no more than £21 for prescriptions after major investigation

A price cap will be placed on pet prescriptions, the Competition and Markets Authority has announced following a three-year investigation. Pet owners will pay a maximum of £21 for their first prescription and £12.50 for any other medicines within the same consultation under the changes, after the CMA found some were being overcharged for commonly

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UK firms hit as Iran war delivers biggest costs rise in 44 years

UK manufacturers are grappling with the biggest monthly leap in their costs since 1992, according to the first snapshot of the Middle East conflict’s effect on the economy. The flash reading for S&P Global’s Purchasing Managers’ Index (PMI), which covers both factory and non-retail service sector output, showed activity at its slowest pace for six

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Iran war: Further fuel price hikes ahead but supplies ‘stable’, says Petrol Retailers Association

There is no end in sight to rising fuel prices but supplies are “stable”, according to an industry body. The Petrol Retailers Association (PRA), which represents the bulk of UK operators, told Sky News that price increases which the forecourts are facing rose sharply again last week and would continue to feed through to the

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‘If I could tell patients one thing…’: GP on salaries, mental health and four ingredients that beat a cold

If you’ve ever spent your morning commute daydreaming about starting afresh with your career, this feature is for you. Each Monday, we speak to someone from a different profession to discover what it’s really like. Today we speak to Dr George Hawche, a GP at the Fulham Medical Centre in west London… A salaried GP

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Starmer to chair COBRA meeting over Iran war’s impact on the economy, Sky News understands

Sir Keir Starmer is to chair a COBRA meeting today, Sky News understands. Cabinet ministers are expected to join him, including the chancellor, foreign secretary, energy secretary, as well as the governor of the Bank of England, to discuss the cost-of-living impacts of the ongoing Iran war and plans to help households. COBRA meetings are

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Elon Musk misled investors during Twitter takeover, US jury finds

A US jury has found Elon Musk misled investors by deliberately driving down Twitter’s share price in the months leading up to his $44bn (£33bn) takeover of the social media company. But the tech tycoon, and the world’s richest person, was cleared of some fraud allegations in the civil trial in San Francisco. The case

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Iran war: Households brace for cost of living pain as oil and gas prices surge

British households have been told to brace for a surge in inflation and multiple interest rate hikes this year after surging oil and gas prices sparked by Donald Trump’s war on Iran. Tehran has launched a series of retaliatory strikes on energy sites in the Gulf since the conflict began, and has throttled the key

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