Every week, the Money team answers a reader’s financial problem or consumer dispute – you can email yours to moneyblog@sky.uk. Today’s is… EDF has added £250 to my bill for gas I used between January and March 2024 due to an error they made at the time. EDF has said it will review it, but […]
Money problem: ‘EDF charged me for energy I used two years ago – do I have to pay?’ Read More »
The bosses of English football’s new watchdog will next week pitch up to a summit of the game’s most powerful clubs as they await the outcome of the probe into alleged financial improprieties at Manchester City. Sky News has learnt that David Kogan and Richard Monks, respectively the chair and chief executive of the Independent
Football watchdog pitches up to Premier League clubs summit Read More »
The UK’s information watchdog will investigate reports that Elon Musk’s AI chatbot, Grok, has been used to generate sexual imagery of children. Grok was developed by Musk’s xAI in 2023, designed to be a “truth-seeking” assistant with a witty, rebellious personality. Integrated into X, formerly Twitter, it uses real-time data from the platform to generate
The world’s second-largest economy and major electric car maker is to ban hidden door handles, a common feature on electric vehicles (EVs). China will ban hidden door handles from next year, making it the first country to do so. Instead, cars must have a mechanical release function for handles, except for car boots, according to
China to ban hidden door handles seen on some electric cars Read More »
A financial and property technology business which integrates elements of the homebuying process has clinched a $25m funding injection as it seeks to accelerate its expansion. Sky News understands that OneDome will confirm on Wednesday the pre-Series C fundraising, taking the total sum it has raised to $40m. The latest round includes a media-for-equity deal
Proptech platform OneDome finds home for $25m funding injection Read More »
SpaceX has announced it has acquired artificial intelligence start-up xAI in a deal that that brings together two companies owned by Elon Musk. In a statement, Mr Musk said the deal would create “the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world’s foremost
Elon Musk’s SpaceX buys Elon Musk’s xAI Read More »
Peter Jones, the entrepreneur and Dragons’ Den judge, is close to teeing off with the addition of American Golf, the retail chain, to his array of business interests. Sky News has learnt that Mr Jones is in advanced talks to buy American Golf from Endless, its long-standing private equity backer. Mr Jones, a keen golfer
Dragons’ Den star Jones tees off with takeover of American Golf Read More »
Staff are most likely to see their pay rise by the same amount as last year, new data shows. Some 44% of bosses intend to award a similar wage increase, while 28% will compensate employees more generously. Another 28% say their workers face a smaller pay rise than last year. The figures come from a
Revealed: The most likely pay rises in 2026 Read More »
The owner of Third Space, the premium London health clubs operator, is limbering up for a sale that could value it at about £700m. Sky News has learnt that KSL Capital Partners, the American private equity firm, has been holding talks with prospective advisers about an auction that would kick off either this year or
Premium gyms group Third Space limbers up for £700m sale Read More »
Gold and silver costs took further punishment early on Monday following the record routs seen at the end of last week. Both precious metals had stood at record values on Thursday but fell sharply after Donald Trump revealed his nomination for the chair of the US central bank. The announcement on Friday that he wanted
Gold and silver take a hammering in major market shifts Read More »