Sky Business News

A pack of private equity investors have left the starting grid in a race to buy TeamSport, the pan-European go-karting operator.

Liz Truss has acknowledged she and her government lost the confidence of financial markets following the mini-budget of October 2022 – but has refused to apologise to homeowners for higher interest rates.

The private equity titan Blackstone is this weekend drawing up plans for a £1.2bn takeover bid for the owner of songs performed by Blondie, the Kaiser Chiefs and the Red Hot Chili Peppers.

Bitcoin's rare halving event has taken place, according to crypto analysis firm CoinGecko.

A "shoplifters' charter" has seen thefts rise significantly - to about one offence every minute - but police are charging fewer people, according to Labour.

The government has ruled out striking an EU-wide agreement on allowing an exchange of young people to work and study for extended periods of time.

Pension funds are braced for a hit worth tens of billions of pounds as Michael Gove, the levelling up secretary, tries to salvage his ambition of overhauling Britain’s centuries-old property leasehold system.

Getir, the grocery delivery app once valued at nearly $12bn (£9.7bn), is close to pulling the plug on its operations in Britain in a move that would spark concerns for well over 1,000 jobs.

A lawyer for the Post Office at the height of the Horizon IT scandal has told the public inquiry he feels "no pride" to be employed by the company.

How have the markets reacted to Israel's attack on Iran?

An HSBC-backed technology company which was in talks to raise funding at a valuation of over £1bn four years ago is to break itself up amid mounting losses.

Tesla has recalled more than 3,700 of its Cybertruck models following complaints that the accelerator pedal is at risk of getting stuck, US regulators have announced.

People who are fit to work but do not accept job offers will have their benefits taken away after 12 months, the prime minister has pledged.

There was a worse than expected performance for retail sales last month, defying predictions of a consumer-led pick up from recession for the UK economy.

Rishi Sunak is to call for an end to the "sick note culture" in a major speech on welfare reform - as he warns against "over-medicalising the everyday challenges and worries of life".

A sub-postmaster victim of faulty IT software Horizon was described as a "bluffer" when he alerted senior Post Office officials about bugs in the system.

Meta's AI has told a Facebook user it has a disabled child that was part of a New York gifted and talented programme.

Hundreds of UK partners at EY, the big four accountancy firm, have been warned of a potential slide in profits this year amid a wider slowdown in the professional services sector.

The average cost of car insurance in the UK is now more than £900 according to one comparison website - that up 43% over the space of one year. Ian's joined by Steve Dukes, Chief Executive of Confused.com to discuss what it means for premiums and payouts.

Ministers are to kick off a search for the inaugural chair of the new football watchdog, even as it faces growing hints of opposition to its establishment from the Premier League.