Andrew Bailey, the Governor of the Bank of England, is not accustomed to emotional outbursts or direct criticism. Being measured in your public comments is part of the job description of running a central bank, and Mr Bailey has been at it since succeeding Mark Carney in 2020. (To understand the odds of the job, consider…
FTSE-100 oil giant Shell is close to unveiling a revised boardroom pay policy that will see its boss given an annual pay boost worth several million pounds. Sky News has learned that Shell has concluded a consultation with its biggest shareholders, which could result in CEO Wael Sawan earning at least £4.5 million more each…
Every month our Money team interviews top chefs from across the UK, hearing about their cheap food hacks, thoughts on the industry and much more. Today, we talk to TV regular Mitch Tonks, founder and chief executive of Rockfish Restaurants. Canned seafood is like a time capsule… Perfectly preserved fish that is full of flavour….
Centro has announced plans to close 44 bank branches, putting around 300 jobs at risk. The lender said its move is a continued response to the changing needs of its customers as more people bank online. Less than a year has passed since the announcement of plans to close 95 sites. Centro UK announced that…
KKR, the US asset management giant, is in expanding talks about a multibillion-pound deal to take a stake in the sports investment vehicle that has 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 candidate…
If you’ve ever spent your morning commute dreaming of starting your career afresh, this feature is for you. Every Monday we speak to someone from a different profession to find out what it’s really like. This week we speak to Barrister Benjamin Knight from Central Chambers, Manchester, and Liberal Chambers, London. Take-home pay can be…
IG Group, a trading and investment platform based in London, has defied industry competitors by supporting Rachel Reeves’ proposal to revamp Britain’s most popular savings product. Sky News has seen a letter from Michael Healy, the UK managing director of IG Group, in which he argues that cash ISAs “have become too popular relative to…
