Business

While naturally most attention with today’s jobs figures will focus on the biggest decline in wages in real terms, in other words when inflation is factored in, the numbers also point to a lot of interesting things going on beneath the surface. First of all, look at the way the growth in wages including bonuses

Downtown Los Angeles is going through a transformation and East End Capital is planning on building 16 soundstages in the Arts District. The 720-square-foot development would be close to the infamous 6th Street Bridge. East End Studios filed plans with the city to develop 15 acres of land at 6th and Alameda streets, according to

Workers have suffered a record real-term pay slump in the face of soaring prices, official data reveals. Regular wages, excluding bonuses, plunged an average of 4.1% on the year in the three months to June when inflation is taken into account, according to the Office for National Statistics (ONS). It is the highest fall since

EXCLUSIVE: The World of Jumanji theme land, the first ever connected to the $2.03 billion grossing Sony feature franchise, will open its gates in spring 2023 at the UK’s Chessington World of Adventures Resort in Chessington, UK. The theme land, a $20.5M development, is part of a global agreement between Columbia Pictures Location Based Entertainment and

The American consumer goods group which owns Reebok and an interest in David Beckham’s branded products portfolio is close to unveiling a cut-price £200m takeover of Ted Baker, the London-listed fashion retailer. Sky News has learnt that the board of Ted Baker is preparing to recommend a 110p-a-share offer from Authentic Brands Group (ABG), run

The CW is about to enter a new ownership era, as local TV giant Nexstar Media Group has confirmed a pending deal to acquire a 75% stake in the 16-year-old broadcast operation. Warner Bros Discovery and Paramount Global will each retain a 12.5% ownership interest in the CW and will continue to produce scripted content

Many train fares will rise below the rate of inflation next year to help travellers cope with the cost-of-living crisis, the government has announced. The price increase for England, which before the coronavirus pandemic was introduced in January each year, will also again be delayed until March to ease the burden on “struggling households”, the

The Foundation of the National Academy of Television Arts & Sciences (NATAS) announced $90K in scholarships to seven college-bound high school students pursuing careers in television.  “This year’s scholarship recipients had a lot in common. They showed tremendous creativity, sterling accomplishments and a never-give-up resiliency during these challenging times,” said Doug Mummert, Chair, Foundation (NATAS).“We

Saudi oil giant Aramco has revealed profits of $48.4bn (£40bn) for the second quarter of 2022 – a 90% year-on-year increase. The sum has broken the firm’s quarterly profit record set in May, with soaring energy prices driven by Vladimir Putin’s invasion of Ukraine resulting in windfalls to oil producers. The $48.4bn figure is higher

The Native American Media Alliance (NAMA) announced the call for applications for the 2nd Annual Native American Unscripted Workshop. “The unscripted space is an area that lacks inclusivity of Native American content creation and our tribal communities have yet to gain access on a grand scale. This initiative addresses another area in the industry that

House building has not kept up with population growth in almost half of the local authorities in England, Sky News analysis has found. In the decade to 2021, the population grew faster or at the same pace as the number of homes in 150 out of 309 local authorities, according to our analysis of data

Now comes my favorite part of the film awards season, the very beginning, when everyone is a contender. It’s just like the old days, when the carnival came to town (also in late summer). Step right up, everyone’s a winner! Take a shot, win a prize!! You can’t win if you don’t play the game!!!

The family which jointly founded one of Britain’s biggest leisure empires is finalising a £300m-plus deal to retake control of Butlin’s, the holiday camps chain. Sky News has learnt that a vehicle connected to the Harris family, which helped to establish Bourne Leisure in the 1960s, is close to signing a transaction with Blackstone, the

In a late-Friday move Gannett, the nation’s largest newspaper chain, executed layoffs at outlets across the country. While no official tally was available, journalists at the Athens (Georgia) Banner-Herald, (South Texas) Caller-Times, Columbia (Missouri) Daily Tribune, Ventura County Star, St. Cloud (Minnesota) Times, Monroe (Louisiana) News-Star, Billerica (Massachusetts) Minuteman, (Milwaukee) Journal Sentinel, Panama City (Florida)

Boris Johnson has admitted that the cost of living support the government is providing is not enough – but he refused to announce any immediate measures to combat spiralling household bills. Mr Johnson doubled down on his remarks that it will be up to his successor – either Liz Truss or Rishi Sunak – to

Seth Rogen has spoken out about his experience as part of the cast of Steven Spielberg’s Toronto Film Festival-bound The Fabelmans. The actor shares in an upcoming edition of The Process that he wrapped his role in the film, loosely based on the iconic filmmaker’s childhood and upbringing, toward the end of last year. “It

A US car dealership giant with a market value of over $7bn was the mystery bidder which made an offer last month for Pendragon, its British peer. Sky News has learnt that Lithia Motors, which is listed on the New York Stock Exchange, tabled a 29p-per-share bid valuing Pendragon at about £460m. City sources said

Attorney General Merrick Garland told reporters on Thursday that the Justice Department has filed a motion to unseal portions of the search warrant used in Monday’s FBI action at former President Donald Trump’s Mar-A-Lago property. The motion — which you can read here — says that “the public’s clear and powerful interest in understanding what

The UK’s economy contracted by 0.1% in the second quarter, according to latest estimates. In June, GDP fell by 0.6%, services fell by 0.5%, manufacturing by 1.6% and construction by 1.4%, the Office for National Statistics said. The large drop in June was partly caused by the large reduction in services spending as coronavirus test