Business

Next is close to underlining its status as Britain’s most prolific buyer of rival high street fashion chains by snapping up FatFace in a deal worth more than £100m. Sky News has learnt the FTSE-100 clothing giant is putting the finishing touches to an acquisition of FatFace, just three years after it was taken over

During a summer visit to Los Angeles this year, Jim McKairnes — a former SVP Planning for CBS who’s spent the past 13 years teaching TV history at the college level — had dinner with a fellow TV executive who shared concerns about the streaming world and how “viewers and the experience of watching and loving

Lush, the UK-based cosmetics retailer, is facing a backlash from customers after a “boycott Israel” message was displayed on the window of one of its stores. The company, which has in the past faced criticism from the Jewish community for openly supporting the Palestinian cause, suggested in a statement that a member of staff had

Troubled musicals, like troubled friendships, can often seem like defeats lying in wait, sponging up every last second of loving care, effort and good intention. So Maria Friedman’s smartly tended production of that most troubled of stage properties, the Stephen Sondheim-George Furth backwards musical Merrily We Roll Along deserves all the applause – and ticket-buying

EXCLUSIVE: Jesse Eisenberg and Kenneth Lonergan will be among the playwrights contributing new works for this year’s 23rd Annual The 24 Hour Plays On Broadway, the one-night-only benefit event set for Monday October 23, at Manhattan’s Town Hall. Also writing for the event is Christopher Oscar Peña (Insecure), and performers will include Ato Blankson-Wood, Kathryn

Imax said today it won’t proceed with its proposed acquisition of the outstanding stake in Imax China after a vote of shareholders of its subsidiary fell short. Some 70% of the shares voted were in favor of the deal, but those against exceeded the 10% threshold required by Hong Kong law to defeat a privatization transaction. Approximately

The rate of grocery inflation eased considerably over the past month, part-aided by a “jump in the amount of money spent on offers”, according to a closely-watched study. Kantar Worldpanel, which records supermarket sales and price data, said the annual rate of grocery inflation fell back to 11% over the four weeks to 1 October.

There are a few ways one could report the latest economic growth forecasts from the International Monetary Fund (IMF). The first way is to declare that Britain’s economy is heading for the buffers. Its economy will grow next year at the slowest rate in the G7 group of leading industrialised economies (0.6%). This is considerably

Worse financial pain is to come, as many people have not yet felt the full impact of the increased cost of borrowing, the Bank of England has said in one of its latest health checks of the UK’s financial system. Higher interest rates, currently at 5.25% after a run of 14 hikes, have not yet

In a podcast interview on WTF With Marc Maron that aired Thursday, Larry Charles talked about his creative thought process and how that approach works within the Hollywood system. Charles, a veteran writer/director of Seinfeld and Curb Your Enthusiasm, is a longtime collaborator with Sacha Baron Cohen (Borat, Bruno, The Dictator). He also has a

Santander UK has been approached to revive its financial crisis-era role as a white knight for failing British lenders as regulators seek to secure a quickfire private sector deal to shore up Metro Bank. Sky News has learnt that the Spanish-owned bank, NatWest Group and Lloyds Banking Group are among those approached by banking regulators

Rising Aussie actor CJ Bloomfield has signed with Industry Entertainment for management. Bloomfield recently wrapped filming the anticipated Mad Max: Fury Road sequel Furiosa alongside Chris Hemsworth and Anya Taylor-Joy. Directed, co-written and produced by George Miller, the standalone movie reveals the origins of Furiosa, played by Taylor-Joy in the title role. The movie tracks the

Wilko will shut the doors on its last remaining high street stores for the final time after the chain’s collapse. The 93-year-old retailer has been closing each of its 400 UK stores over the past month after collapsing into administration in August. Forty-one stores now remain but will close on Sunday. The shelves have already

EXCLUSIVE: Range founding partners Susie Fox, Mackenzie Roussos and Chelsea Mckinnies are departing the management company they were involved in launching more than three years ago. The trio resigned today, sources tell Deadline. Their destination is unclear, we hear it would likely be Management 360. Rumors have been flying this week that Fox, Roussos and

The board of Metro Bank rejected a secret takeover approach last month from a rival British lender, just days before its share price crashed when it emerged that it was seeking hundreds of millions of pounds to shore up its finances. Sky News can exclusively reveal that Shawbrook has tabled several bid proposals to Metro

EXCLUSIVE: Ozark and Inventing Anna star Julia Garner has signed with LBI Entertainment for management. Garner won three Supporting Actress in a Drama Series Emmy Awards for her role as Ruth Langmore in the popular Netflix drama series Ozark. Her third Emmy came in 2022 when she was also nominated in the Lead Actress in

The UK is on course for the biggest tax rise in at least 50 years because of the freeze on personal thresholds and soaring inflation, according to new analysis. The Resolution Foundation said taxpayers are set to hand over about £40bn a year by 2028 – up from a forecast of £30bn at the time

UPDATE: President Joe Biden touted the higher-than-expected jobs numbers as a sign that Bidenomics is working, but he had a take on why polls show Americans are still deeply unhappy about the state of the economy despite the rosy stats. It has to do with media coverage. “You all are not the happiest people in

One thing that quite often puzzles people who do not work in financial markets is their tendency to treat seemingly good news as bad. We got a classic example on Friday with news that US employers added 336,000 jobs in September. That was up from 227,000 in August (a figure itself revised higher from the

Rooster Teeth is moving its content from YouTube to its own website, a move designed to bolster revenue that will allow them to create more content. In a video posted to X, showrunner Kerry Shawcross said that “YouTube revenue is just not cutting it for us anymore.” He noted that watching a video on the