Mike Ashley, the high street tycoon who has snapped up some of Britain’s best-known retailers, is plotting a takeover of Gieves & Hawkes, the historic Savile Row tailor. Sky News has learnt that Mr Ashley’s Frasers Group is among a handful of bidders vying for control of the brand, which is being sold after its
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Hollywood’s Covid-19 vaccination mandates were the subject of a three-hour special meeting today of the SAG-AFTRA national board, which ended without any action to modify the existing policy that allows employers, on a production-by-production basis, to require vaccinations as a condition of employment, subject to restrictions contained in the industry’s Return-to-Work agreement. That agreement is
Primark has ruled out further price increases “beyond those already actioned and planned”, in a bid to protect sales in the tough economy. The discount retailer’s parent firm Associated British Foods (ABF) made the announcement as it warned of lower group profits for its next financial year, which begins later this month. The company said
UPDATED throughout: The Walt Disney Co. has posted an extensive list of new presentations for its annual D23 Expo fan event on September 9-11. It includes new Marvel, Disney+, Disney Parks and Walt Disney Animation presentations as well as panels for The Simpsons, Tron, Dancing With the Stars, Encanto, Bob’s Burgers and a sneak peek
The digital lender Atom Bank is close to picking bankers to work on a stock market listing after calling off talks about a £700m merger with a vehicle set up by Donald Trump’s former commerce secretary. Sky News has learnt that Atom Bank is interviewing investment banks about roles on an initial public offering –
Total executive compensation declined for top executives at Fox Corp. in fiscal 2022, compared with a year earlier, according to an SEC filing. Lachlan Murdoch, who is executive chair and CEO, took home a total pay package of $21.7 million, down from $27.7 million in fiscal 2021. On top of a base salary of $3
There is much we do not know about the government’s new plans to help people out with their energy bills. We do not know how much they will cost. We do not have a clear sense of how they will be financed or paid for. We do not know precisely how the scheme will work
Hollywood’s major studios are stepping up to ensure that employees who work in states where abortions are illegal can have access to abortions, according to a statement released today by a coalition of nearly 1,500 showrunners and directors. Last month, the coalition, which includes Shonda Rhimes, Ava DuVernay, JJ Abrams, Mindy Kaling and Judd Apatow,
An unprecedented intervention in the energy market will shield households, businesses and public sector organisations from the worst of the surge in wholesale gas prices. The Truss government’s “energy price guarantee” aims to keep the bill pain facing the public at less than half the amount predicted for the winter ahead, with firms also getting
United Scenic Artists, IATSE Local 829, has released its first-ever demographic survey of its more than 5,000 members nationwide. According to the local, the survey revealed a “strikingly” small “inclusion of members who identify as part of the Black Community (1.9%), Asian Community (2.7%), Latin/X Community (3.6%), Indigenous Community (0.4%), and the Middle Eastern/North African
The European Central Bank (ECB) has hiked its key interest rates by an unprecedented 75 basis points, signalling that further rises are likely. On Thursday afternoon, the bank – which makes monetary policy for the eurozone and the European Union – lifted the deposit rate from zero to 0.75% and the main refinancing rate was
New York City Center, home of, among other arts endeavors, the popular Encores! series of concert-style theatrical productions that recently gave Broadway one of its biggest current hits with Into The Woods, has named Michael S. Rosenberg as its new president and CEO. Rosenberg, who arrives at NYCC from his position as managing director at
A typical household will pay no more than £2,500 annually for its gas and electricity bills from the start of October, Prime Minister Liz Truss has announced. In the first major policy announcement of her premiership, Ms Truss said the new price guarantee will last for two years and save the average household in England,
Barely a week after announcing massive layoffs and initiating a significant restructuring of the company, Snap Inc. CEO Evan Spiegel said the social media firm is committed to staying independent and resisting any takeover offers. “When I look at the long-term opportunity in our business, I really believe it’s enormous. I believe we’re far from
The British pound has hit its lowest level against the US dollar in almost four decades. Just after 2pm on Wednesday, sterling fell to $1.1407, according to Refinitiv data – its lowest point since 1985. The pound has lost more than 15% against the dollar so far this year, hurt by both the dollar’s strength
Paramount Pictures chief Brian Robbins wants to boost the studio’s annual theatrical output to 12 to 15 releases, up from its current Covid-affected level of eight this year and 10 to 12 in 2023. “Theatrical is here to stay,” Robbins said in an appearance at the Bank of America Media, Communications & Entertainment Conference. “I’m
The governor of the Bank of England has told MPs he welcomes the prospect of a “clear policy stance” on tackling the surge in the energy bills, as markets fret over the country’s economy. Andrew Bailey said it was “important” that a clear way forward emerged following the end of the Tory leadership race, which
At least four standing ovations before intermission. Sounds like Lea Michele’s first night as Fanny Brice in Funny Girl went, well, gleefully. More ovations followed throughout the evening, including an extended and rousing one at the final curtain, with a sobbing Michele and co-star Tovah Feldshuh, also making her debut, accepting large bouquets of white
The bosses of Britain’s biggest banks will hold talks with the new chancellor on Wednesday as he tries to exert a grip on the stalling UK economy. Sky News has learnt that Kwasi Kwarteng has convened a meeting with the chief executives of lenders including Barclays, Lloyds Banking Group and NatWest Group just hours after
Ahead of Thursday night’s kickoff to the NFL season, streaming bundle Hulu + Live TV is offering a $20 discount for three months of service for new and select returning subscribers. The discount runs through just before midnight on October 5. It gives subscribers $20 off for three months on their bill for the Disney-run