Business

UK workers saw their wage rises wiped out by surging inflation late last year, official figures show. Weekly earnings – excluding bonuses – rose by 3.8% in the three months to November compared to the same period a year earlier, according to the Office for National Statistics (ONS). But with inflation climbing to a ten-year

Ralph Emery, the country music disc jockey and television host who came to prominence on Nashville’s WSM, died on Saturday of natural causes, while surrounded by family at Nashville’s Tristar Centennial Medical Center, his son Michael told AP. He was 88. Among those paying tribute to Emery today was “American Pie” singer-songwriter Don McLean. “Ralph Emery

Credit Suisse’s chairman has resigned just nine months into the role after breaching COVID-19 quarantine rules – in fresh controversy for the global investment bank as it recovers from a string of scandals. Antonio Horta-Osorio’s departure was announced by the Switzerland-based lender on Monday in an abrupt move that comes less than a year after

Sports streaming service DAZN has rejigged its leadership structure, with Shay Segev becoming sole CEO, and the appointment of a new CFO. DAZN co-founder James Rushton, who had been serving as co-CEO, will step down from the position but remain at the company with his existing responsibilities overseeing growth in local markets, rights and content.

Amazon has announced that it will not stop accepting Visa credit cards for UK payments later this week as had been planned. In an email to customers, the online retailer said it was “working closely with Visa on a potential solution”. The move had been due to take effect on 19 January with Amazon blaming

On Saturday, Los Angeles County passed the milestone of 28,000 Covid-related deaths, reporting 66 new deaths, as well as 41,765 new positive cases. Today’s death count is the highest  the Department of Public Health has reported in a single day since April 2, 2021, with daily deaths having increased fourfold in the course of the

A former executive at Farfetch, the online luxury fashion platform, is a contender to become the next boss of ASOS, the £2.3bn digital retailer. Sky News has learnt that Andrew Robb, who left Farfetch in 2020, is among the candidates being considered by the London-listed company as the successor to Nick Beighton. The choice of

Dallas Frazier, the songwriter behind such country hits as The Oak Ridge Boys’ “Elvira,” The Hollywood Argyles’ “Alley Oop” and Emmylou Harris’ “Beneath Still Waters,” has died, according to the Country Music Hall of Fame and Museum’s CEO Kyle Young. He was 82. “Dallas Frazier is among the greatest country songwriters of all time. He

SA Brain, one of Wales’s most prominent brewers, is to sell the freeholds to scores of its pubs to a consortium that includes a global private equity powerhouse – the latest in a string of significant deals in the sector. Sky News has learnt that Brains is close to agreeing a deal to offload approximately

Kelly Rizzo today broke her silence on the death of Bob Saget, paying tribute to her “sweet husband” in a lengthy post published to Instagram. “After much reflection this week, I’m trying, really trying, to not think I was robbed of time,” she wrote. “But instead to think: How lucky was I that I got

Lord John Sainsbury of Preston Candover – the former chairman of the supermarket chain – has died aged 94. The supermarket’s current chairman and chief executive announced the death of the Baron on Friday evening, saying he had lived a “remarkable life”. Martin Scicluna said: “We are all deeply saddened to learn of the death

Person #9 is owed $39,361.29 – unclaimed money that The Actors Fund is holding in trust for a former child actor it can’t locate. Altogether, the Fund is holding $3,832,599 in 19,382 other unclaimed accounts, the single largest of which belongs to Person #9. The nine highest unclaimed accounts total more than $200,000. The funds

The high street retailer WH Smith has been plunged into a major pay row with investors amid heightened tensions over boardroom rewards as Britain grapples with a deepening crisis over pressure on household bills. Sky News has learnt that three of the main proxy advisers which issue guidance to City shareholders ahead of annual meetings

A lawsuit has been filed on behalf of nearly a dozen pre-teen and teenage social media influencers seeking millions of dollars in damages against their former manager, the mother of a noted YouTube figure, alleging sexual battery and failure to fully pay them for their contributions. The Los Angeles Superior Court complaint was brought Wednesday

Customers can expect to pay more for electrical and tech goods in 2022 with price increases “inevitable”, the boss of Currys has told Sky News. Speaking to Ian King Live, group chief executive Alex Baldock pointed to rising costs ranging from components and transport through to wages. However, he said the electrical retail giant would

Powered by a slate of major tentpoles including Sony/Marvel’s Spider-Man: No Way Home and MGM/Eon/Universal’s No Time To Die, Cineworld Group reports it generated positive cash flow for Q4 2021. The world’s second largest exhibitor, which owns Regal in the U.S., did not disclose dollar amounts, but released a trading update this morning for the

Britain’s economy grew stronger than expected in November before the Omicron variant struck, bouncing back for the first time above pre-pandemic levels. The Office for National Statistics (ONS) said gross domestic product (GDP) had risen 0.9% during the month, up from a just 0.1% rise in October. Analysts had predicted a 0.4% rise in November.

California Gov. Gavin Newsom has rejected parole for Sirhan Sirhan, concluding that the man convicted of assassinating Robert Kennedy “still lacks the insight that would prevent him from making the kind of dangerous and destructive decisions he made in the past.” Sirhan was granted parole last summer by a state panel, but Newsom still had

An estimated 3% of the UK workforce was off work in late December while a fifth of businesses reported increased cancellations over the past month amid the surge in the Omicron variant, according to data released by the Office for National Statistics (ONS). The number-crunchers reported that 21% of firms had seen a rise in