NatWest Group will disclose on Friday that it awarded bonuses of nearly £500m last year, as it returned to full private ownership 17 years after it was rescued by taxpayers. Sky News has learnt that the high street lender will say alongside its annual results that its bonus pool for 2025 was just over £490m, […]
NatWest hands out £500m bonus pot after shedding shackles of state ownership Read More »
A letter, coordinated by the trade body UKHospitality, has warned the chancellor that her plans would hit families hard, put jobs at risk and drain money from local communities. In the autumn budget, Rachel Reeves confirmed that English regional mayors will have the powers to introduce visitor levies on overnight stays in hotels, Airbnbs and
Holiday tax could make holidays ‘unaffordable’ for many, campaigners say Read More »
A satellite data start-up which shrinks file sizes in order to transmit larger quantities of information has won backing from an early investor in SpaceX, Elon Musk’s rocket-making behemoth. Sky News understands that The Compression Company will on Friday announce a $3.4m (£2.5m) fundraising led by Long Journey, which has backed some of the world’s
Early SpaceX backer funds UK satellite data start-up Read More »
Sir Jim Ratcliffe, the co-owner of Manchester United and one of the UK’s richest men, has sparked controversy over comments he made about immigration in an interview with Sky News. Speaking to economics and data editor Ed Conway, Sir Jim said Britain had been “colonised by immigrants” who are draining resources from the state. Sir
Chancellor Rachel Reeves has said the government is eyeing “further alignment” with the EU – and that it’s a “political argument we can win”. After several fellow cabinet ministers suggested the UK would benefit from rejoining the customs union, Ms Reeves said she and Sir Keir Starmer want to “try and remove barriers for businesses”.
EU is ‘the biggest prize’, Reeves says – as Labour seek closer ties Read More »
The prime minister has condemned Sir Jim Ratcliffe’s “offensive and wrong” remarks about immigration. The Manchester United co-owner, one of Britain’s richest men but a resident of tax-free Monaco, told Sky News that Britain had been “colonised” by immigrants who are draining resources from the state. “You can’t have an economy with nine million people
Starmer calls for apology from Man Utd co-owner after ‘offensive’ remarks to Sky News Read More »
Sir Jim Ratcliffe has become increasingly divisive with his actions and rhetoric as the face and voice of Manchester United’s leadership. The INEOS billionaire’s outburst on immigration risks further antagonising those inside and outside the club. The men’s squad alone relies on overseas talent, featuring more than a dozen different nationalities. And then there’s the
More Lloyds, Halifax and Bank of Scotland branches are to close from May, the UK’s biggest banking group has announced. A total of 95 branches – comprising 53 Lloyds, 31 Halifax and 11 Bank of Scotland sites – will shut between May this year and March 2027 under the latest closure plans, parent company Lloyds
More Lloyds, Halifax and Bank of Scotland branches to close – check if yours is affected Read More »
Britain has been “colonised” by immigrants, who are draining resources from the state, Sir Jim Ratcliffe, one of the country’s richest and most influential men, has told Sky News. Sir Jim, the founder of the INEOS chemicals group and part-owner of Manchester United, warned that Britain faces profound political, social and economic challenges, among them
Our Money team helps a reader every week with their consumer issue or financial dispute… Today, the problem comes from a reader called Gail… I had a plumbing emergency. I called Emergency Hero and made an appointment. A few minutes later, I then cancelled it because a neighbour offered to help. They still charged me