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 […]
1,200 jobs at risk as The Original Factory Shop calls in administrators Read More »
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
KKR in talks to score with £2.4bn deal for Six Nations Rugby investor Read More »
The fried chicken market has exploded in the past two years, with heavily backed newcomers such as Popeyes, Dave’s and Wingstop appearing on high streets across the country. For this month’s Our Verdict feature, our team of testers tried the 11 biggest movers in the market to see if any of them could give KFC
Could KFC be dethroned? Rivals circle as chicken shops boom in UK Read More »
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 –
Two US chains beat KFC in taste test – but where does your favourite chicken shop rank? Read More »
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
EasyJet’s £5.99 cabin bag price claim is ‘misleading’, says regulator Read More »
There’s a sense of crisis hanging over the US dollar – and it has consequences for all of us. Its roots can be traced back to last year when its value against a basket of other international currencies, including the pound, fell by 9%. We’ve seen that extend by more than 2% in January to
Dollar has become a ‘falling chainsaw’ – what it means for you Read More »
Free artificial intelligence training is being made available to everyone in the UK as the government steps up efforts to prepare the workforce for rapid technological change. However, ministers acknowledge the programme will only succeed if businesses and workers choose to adopt it. From today, adults can access short, practical courses through the government’s upgraded
UK rolls out free AI training, but will it save your job? Read More »
Two major broadband altnets are close to finalising a merger that will propel them into the ranks of the sector’s largest players amid growing financial pressure to consolidate. Sky News understands that Truespeed and Freedom Fibre are in advanced talks about a tie-up. One industry source cautioned that the negotiations could yet fall apart, but
Freedom Fibre and Truespeed close to finalising altnet merger Read More »
Nearly 600 jobs have been lost after the owner of Revolution bars went into administration. The Revel Collective, which revealed on Monday that it had filed notice of an intention to appoint administrators, said it had since formally appointed FTI Consulting. Venues closing with immediate effect include 14 Revolution bars, six Revolucion de Cuba bars
Hundreds of jobs lost as Revolution bars owner enters administration Read More »
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… I have a Grundig washer/dryer, which I’ve owned from new. Around two years into its three-year warranty, the machine failed, burning and shrivelling a full load of clothes. This was fixed under warranty.
Money Problem: ‘My washing machine has eaten £1,000 of clothes’ Read More »