Business

The energy price cap is set to remain more than £1,000 higher than the average bill before the COVID pandemic, according to a closely-watched forecast. Ahead of the industry regulator’s determination on the price cap level due next week, energy research specialist Cornwall Insight said it saw the cap for a typical household at the

In a startling video released on Friday, veteran YouTube personality Hank Green told his three million subscribers that he has Hodgkin’s lymphoma. Green has been around since YouTube’s early days, active since 2007. He also hosts podcasts with his brother John Green, author of “The Fault in Our Stars.” “So there have been a bunch of

Tesco chair John Allan is to leave next month after the supermarket giant said allegations over his personal conduct “risk becoming a distraction” to the chain. The UK’s largest retailer said he would be “stepping down” from his role as chair of the board and as a director at the company’s AGM on 16 June.

Colin Jost opened the PEN America Gala under the iconic model of a blue whale at the Museum of Natural History calling himself “a writer and a friend of writers” and “extremely fortunate to be here tonight surrounded by two things that might not be around much longer — writers and ocean life. This is

Prime Minister Rishi Sunak and his wife lost an average of £500,000 a day over the past year, according to The Sunday Times Rich List. The couple are estimated to be £201m poorer due a fall in the value of Akshata Murty’s stake in her father’s IT firm – but are still worth a reported

Warner Bros. Discovery is reaching back to its past to celebrate a century of entertainment in a new, four-part documentary series. Narrator Morgan Freeman will guide viewers through “100 Years of Warner Bros.,” offering clips from past TV shows and films, along with takes from the directors, actors, and executives who created the magic, and

The government must act to prepare for artificial intelligence (AI) to hit the workplace “like a freight train”, the boss of one of Britain’s leading energy companies has told Sky News. Greg Jackson, founder of Octopus, says the adoption of AI across industry will ultimately improve the workplace and spawn new roles, but the startling

Paramount Global’s Lawrence Szabo is joining BBC Studios. Szabo has been named Executive VP of U.S. Content Distribution, effective immediately, based out of LA. He’ll lead a licensing team for scripted and factual programming, looking at co-production and content acquisition deals, and will have a key role in setting the BBC’s strategy in the States.

Royal Mail’s parent firm has reported £748m in annual operating losses, driven by the crisis within the UK business that was dogged by strikes and poor performance. International Distributions Services (IDS) laid the blame squarely at the foot of Royal Mail, which was in the red to the tune of just over £1bn during the

Katie Couric has spent a good deal of her career getting to know those who walk the power corridors of the media business. On Wednesday, she put that knowledge to use, sharing her views on the actions of former NBCUniversal CEO Jeff Shell, who left that company in April after acknowledging his role in a

Britain has now missed its window of opportunity to build a battery industry, and the government, including Rishi Sunak, is largely to blame, the head of collapsed cell manufacturer Britishvolt has told Sky News. The company was feted as the jewel in Britain’s manufacturing crown – the first home-grown gigafactory, co-financed by the government and

CNN unveiled three new non-fiction series at the Warner Bros. Discovery upfront, giving a glimpse of its plans after the unit was greatly scaled back last year. The projects include Columbia: The Final Flight (working title), which tells the story of the Columbia Space Shuttle disaster. The series is a co-production of CNN Original Series,

Plans to scrap “no-fault” evictions will be unveiled by the government today. The Renters’ (Reform) Bill will be published later – three-and-a-half years after the government was elected with a manifesto promise to stop the practice. No-fault – or Section 21 – evictions allow landlords to take back possession from tenants without giving a reason.

It was a tale of two coasts today, as WGA picketers and their allies targeted Disney’s upfront presentation in New York and also the company’s Burbank lot in Los Angeles. And the two scenes were very different. This morning at the Disney upfront, pickets were being kept a solid two blocks away from the venue on

The owner of the largest pipeline system in the North Sea has warned the future of domestic production is in doubt due to the severity of UK windfall taxes. Sir Jim Ratcliffe, who is Britain’s richest man and whose Ineos business owns the Forties oil and gas pipeline, said the tax rate applied to North

The CEO of NBCUniversal parent Comcast said it’s “more likely than not” the company will end up selling its third of Hulu to Disney, after his Mouse counterpart indicated clearly last week that this would be Disney’s preferred outcome. There’s been some grandstanding over the past year as the deadline approaches, but both of Hulu’s

One in five taxpayers will be paying higher-rate income tax by 2027, in what the Institute for Fiscal Studies describes as a “seismic shift” since the 1990s. Higher rates of tax were previously thought of as being for the most wealthy, but the six-year freeze in income tax allowances and thresholds that began last month

The ongoing Writers Guild strike “could be costing about $30 million a day in lost studio output,” according to WGA East Vice President Lisa Takeuchi Cullen, who said in a message sent today to WGA members that that’s “based on prior estimates.” That estimate, the guild says, “came from WGA West Research Department.” If that’s

Supermarket fuel prices were roughly 5p more expensive per litre in 2022 than pre-pandemic levels, an investigation by the competition watchdog has found. The Competition and Markets Authority (CMA) has said that factors beyond the invasion of Ukraine have impacted the price customers are paying at the pumps and weak competition has helped drive increases.

MJ, the Broadway musical about Michael Jackson and featuring his many hits, has recouped its initial investment, producers announced today. The $22.5 million production began previews at the Neil Simon Theatre in December 2021 and opened February 1, 2022. To date, the Tony-winning musical has played to more than 750,000 patrons and has broken the