Business

They were passing the hat on Broadway, but Nicole Kidman wasn’t passing on the opportunity to do some good. At a charity fundraiser held on Saturday for the Broadway Cares/Equity Fights AIDS event at the Winter Garden Theatre, Kidman made an astonishing bid for the hat fellow Aussie Hugh Jackman wore in his run in

Primark has announced a £140m investment leading to the opening of four new shops and the creation of at least 850 jobs. The retailer said it plans to make the investment over the next two years in its UK operations. As part of that investment, the company said “at least” four news shops will be

The twin threats of inflation and recession loomed large over one of the biggest shopping weekends of the year. The good news is that online retailers likely had their biggest sales ever. While brick-and-mortar stores also had foot traffic, there weren’t long lines at check outs, giving pause to analysts on just what revenue that

Qatar is reviewing its investments in London after the organisation running the capital’s transport system banned the Middle East country’s advertisements on the Tube, buses and taxis. A source with knowledge of the review has told Sky News the decision by Transport for London (TfL) is “another blatant example of double standards and virtue signalling

Stephen King is back at it again calling out Elon Musk. In his latest tweet, the “King of Horror” is taking jabs at the Tesla and Twitter owner. “I think Elon Musk is a visionary. Almost singlehandedly, he’s changed the way Americans think about automobiles. I have a Tesla and love it,” King said before

The England and Wales Cricket Board (ECB) has received a £400m private equity approach that would see it relinquish majority ownership of The Hundred while raising funds to inject into the sport’s cash-strapped counties. Sky News has learnt that the governing body has in recent weeks been handed an offer from Bridgepoint Group, the London-listed

Elon Musk has confirmed that his new paid checkmark system for Twitter verification is “tentatively” scheduled to roll out — for the second time — next Friday, December 2. Musk specified on Friday that accounts for companies, government officials and entities, and individuals will be marked with different colors — “gold check for companies, grey

An extra £118m, at least, will be spent this year on temporary accommodation, such as hotels and B&Bs, by councils, a Sky News investigation has found. If trends continue, local authorities in England will spend nearly a quarter more (24%) this financial year than pre-COVID-19. Outside London, expenditure is on track to increase by 55%.

Charles Koppelman, whose publishing and talent development vision made him one of the recording industry’s top executives, has died at 82. No cause was given by his son, Brian, showrunner of Billions, and daughter Jenny Koppelman Hutt. “He spent his last days surrounded by those he loved the most,” his son wrote on social media.

The gas and electricity watchdog has announced a series of new rules for energy companies, including requiring firms to hold more capital, similar to the regulations placed on the banks in the wake of the financial crisis. Ofgem has proposed the regulations to protect customers and make firms more resilient after a number of electricity

It’s estimated that 55 million Americans will travel over the Thanksgiving holiday. That’s the highest level since the pandemic began and the third-highest since AAA began tracking the holiday in 2000. At the same time, Covid cases have been steadily rising nationally, with the most recent 24-hour total being 111,386, according to John’s Hopkins. That’s

UK car production has returned to growth, although it is still well below pre-pandemic levels, the Society of Motor Manufacturers and Traders says. Some 69,524 cars were built in October, up 7.4% on the same month a year ago. September had seen a fall in numbers, after four consecutive months of growth, illustrating how supply

Twitter owner Elon Musk said Thursday that beginning next week he will begin reinstating suspended accounts of users, who had been banned for offenses such as violent threats, harassment, abuse and misinformation. His move comes in response to a Twitter poll, which asked, “Should Twitter offer a general amnesty to suspended accounts, provided that they

A pound could buy $1.21 on Thursday morning, the highest amount since mid-August, making imports cheaper for UK companies and consumers. The 20 cents rise in sterling buying power from an all-time low in the days following the September mini-budget and the associated market upset, is due to dollar weakness rather than pound strength. The

Alessandro Michele, whose high-profile fashion clients include Jared Leto, Billie Eilish, Florence Welch, rockers Måneskin, and singer Harry Styles, is leaving the house of Gucci as creative director. His exit was announced Wednesday, ending an eight-year run. Womenswear Daily reported Michele’s expected departure on Tuesday, citing sources that said Michele had failed to meet a

Royal Mail workers are beginning a 48-hour strike that the retail sector warns could cripple the Black Friday discount shopping season. The strike action is being taken nationwide by 115,000 staff who are represented by the Communication Workers Union (CWU). It is the latest stoppage in a long-running, and increasingly bitter, dispute over pay and

Stephen King is back at calling out Twitter’s new direction as Elon Musk took the reins of the company. This time, the bestselling author made an observation over what advertisers the social media platform would have after many companies paused their spending. “Pretty soon the only advertiser left on Twitter will be My Pillow,” King

Pay growth has only kept up with inflation in one industry, official figures show. According to data from the Office of National Statistics (ONS), regular wages – wages excluding bonuses – have only risen as fast as prices in the professional and scientific industry. Jobs in the sector include legal services, management, engineering and scientific

The Glazer family’s ownership of football giant Manchester United could be set to end. A note to the New York Stock Exchange yesterday confirmed they are expiring “strategic alternatives” for the English football club, including the possibility of selling up. The statement said the process was “designed to enhance the club’s future growth, with the

Manchester United’s American owners have confirmed they could sell the club as they explore “strategic alternatives” to boost its sporting and commercial success. It comes after Sky’s City editor Mark Kleinman exclusively revealed the Glazer family were preparing to announce the news and were already being advised by bankers. Fans of Manchester United have long