Business

A former member of Ed Miliband’s shadow cabinet is joining the board of Cazoo, the second-hand car retailer which is preparing to drive onto the US stock market in a $7bn deal. Sky News has learnt that Luciana Berger, who spent nearly a decade representing Labour and then the Liberal Democrats as MP for Liverpool

SAG-AFTRA has told its members not to work on an indie movie called The Curse of the Clown Motel. The union says the producer, Kalon Entertainment, “has failed to demonstrate its compliance with SAG-AFTRA’s required Covid-19 safety standards and protocols for a safe set.” Do Not Work notices from the union are not uncommon, but

The number of people looking to buy property in Cornwall has risen by more than 140% – the highest growth rate of any county in Britain. Analysis for Sky News by the property website Rightmove has found more than 15 million people searched for properties in Cornwall in the first quarter of this year, compared

EXCLUSIVE: Matt Hood, Deputy General Secretary of UK trade union Equity, is joining casting platform Talent Systems as Managing Director of Spotlight. Hood will be responsible for running the Spotlight business in the UK and Europe and working with the company’s leadership team to help grow Talent Systems globally. He will succeed outgoing CEO Richard

Ian King speaks to Nationwide’s chief economist Robert Gardiner about a jump in house prices. Plus, hear from The Times banking editor Katherine Griffiths about Barclays’ biggest quarterly profits in 13 years. And Hannah Kuchler, the global pharmaceuticals correspondent for the Financial Times, joins the show to discuss drugmaker AstraZeneca’s sharp rise in profits –

Florida Gov. Ron DeSantis has a bill ready for signature that would stop social media companies from permanently kicking people off their platforms in the state. The bill was passed Thursday by the Florida House 77-38 in favor of the bill, the Senate, 23-17. It makes it a crime to remove state political candidates from

Business leaders have raised concerns that the UK’s fast growth in offshore wind is not being matched with benefits to the economy. The port of Blyth in Northumberland was once the biggest exporter of coal in Europe but has transformed itself into a leading hub for offshore energy, and most of its work is with

Today’s quarterly results from AstraZeneca are a very timely reminder that, for all the debate about the drug-maker’s involvement in the Oxford COVID vaccine, it is of very little importance to the financial fortunes of what is currently the fifth-largest company in the FTSE 100. In fact, AZ is actually losing money on its involvement

On Saturday, the Los Angeles County Department of Public Health released new data on Covid-19, reporting 29 new deaths and 500 new positive cases. While the Department’s data showed that hospitalizations continue to decrease, case numbers and deaths reported may reflect delays in weekend reporting. Public Health’s data brings L.A. County to a total of 1,233,488

David Ross, the billionaire co-founder of The Carphone Warehouse and prominent Conservative Party donor, is to step down as chairman of the Royal Opera House (ROH) just months into a four-year tenure. Sky News has learnt that trustees of the globally renowned institution in London’s Covent Garden have begun preparing to find another long-term chairman

Refresh for updates… After the death of Olympia Dukakis was announced on Saturday, social media reactions from former collaborators and Hollywood admirers began pouring in. Actress, singer and TV personality Cher shared her memories from the set of Moonstruck, in which she played Dukakis’ daughter. “Even Though Her part was That Of a Suffering Wife, We

House prices rose at their biggest monthly rate since 2004 in April after Rishi Sunak extended a holiday on stamp duty, according to new figures from lender Nationwide. Prices climbed by 2.1% compared to March while they were up by 7.1% compared to the same period last year, the report said. The chancellor introduced a

Bill Maher detested this year’s Oscars, from the films — especially Best Picture — to last Sunday’s low-rated telecast that he said “dared you to be entertained.” “It used to get Super Bowl numbers,” said the host of Real Time With Bill Maher Friday. It’s like the winner who thanks everyone, says ‘Go to bed kids’ —

The boss of Virgin Atlantic said there was “no reason to delay” the return of US-UK travel next month – as the carrier reported an £858m annual loss. Virgin, which has cut thousands of jobs with flights grounded during the pandemic – and last autumn completed a rescue deal with investors – said passenger numbers

Discovery CEO David Zaslav’s 2020 compensation totaled $37.7 million last year, down from $45.8 million in 2019, the company said Friday. The package included a $3 million base salary, unchanged from the year before. His stock awards were valued at $12.5 million and he received non-equity incentive plan compensation (like cash bonus) of $21.8 million.

Barclays was given a thumbs down from the City despite a bumper rise in quarterly profits to £2.4bn and growing optimism about the UK’s recovery from the COVID-19 downturn. The lender delivered earnings of £2.4bn in the January-March period, up from £923m a year ago when the economic picture was darkened by the prospect of

For Los Angeles, that “bright light at the end of the tunnel” that California Governor Gavin Newsom keeps referencing is taking on a yellow hue. As in, the Yellow — or least restrictive — tier of the state’s reopening plan. L.A. County has remained in the state’s Orange tier for more than three weeks and

State-backed lender Natwest has reported a sharp rise in profits as it followed rivals in clawing back some of the money set aside to cover loans going bad. The bank, which remains 60% owned by the taxpayer, said pre-tax operating profits rose 82% to £946m for the first quarter partly thanks to a £102m release

Twitter’s monetizable daily active users hit 199 million in the March quarter, shy of the 200 million Wall Street anticipated but up by seven million from year-end 2000 and significantly higher than the 166 million in the year ago period. Revenue of $1.04 billion, up 28% from $808 million the year prior, also fell short

BT has confirmed that it is in “early discussions” over BT Sport – following a report that it was in talks to offload a stake in the TV operation. The Daily Telegraph said the telecoms giant was understood to be in talks with potential partners including Amazon, Disney and sports streaming service Dazn, as well