Business

Plans to encourage supermarkets to introduce voluntary price caps on food staples in a bid to help with the cost of living crisis are being drawn up by Downing Street, according to reports. The scheme would aim to get retailers charging the lowest possible amount for some basic products like milk and bread, the Sunday Telegraph reported. A

The White House and House Republicans reached an agreement in principle on Saturday to raise the debt limit and avert a default. House Speaker Kevin McCarthy said that after speaking with President Joe Biden, they had “come to an agreement in principle that is worthy of the American people.” The agreement was reached with little

The executive who presided over a bitter “cruises and cufflinks” row at one of Britain’s biggest wealth managers is preparing to step down. Sky News has learnt that St James’s Place, the FTSE-100 group which oversees more than £150bn of client assets, has kicked off a search to replace Andrew Croft. City sources said on

Nicholas Gray, whose Gray’s Papaya hot dog shop was a Manhattan fixture for 50 years, has died at 86. Gray died May 19 at a New York hospital from Alzheimer’s complications, the Wall St. Journal reported. Located near the corner of Broadway and 72nd Street in Manhattan, the shop was known as a quick and

The government finds its hands somewhat tied at present on measures it can take to boost economic growth. The parlous state of public finances – the government borrowed £25bn alone in April – means that neither meaningful tax cuts nor increases in public spending that lift productivity are feasible just now. So it is no

The Writers Guild of America West received the most robust support from their sister unions in Los Angeles at the “Unions Strike Back” Rally on Friday evening. In solidarity with WGAw President Meredith Stiehm stood Hollywood Teamsters Local 399 secretary-treasurer and chief negotiator, Lindsay Dougherty; SAG-AFTRA national executive director and chief negotiator, Duncan Crabtree-Ireland; UTLA President, Cecily

Britain’s largest building society has made some mortgages more expensive as the Bank of England’s interest rate is now expected to rise higher than previously thought. Nationwide has said interest rates on new fixed-rate mortgages will rise 0.45 percentage points. It follows moves by lenders such as Halifax, Santander and Atom Bank who also upped

Longtime Russo Brothers partner Mike Larocca is leaving the filmmakers’ studio AGBO that he co-founded at the end of this year, Deadline has confirmed. As the Co-Founder and Vice Chairman of AGBO, Larocca focused on creative development and production. Said Joe and Anthony Russo in a statement to Deadline, “We founded AGBO with Mike seven years

Britain is determined to compete in the global race for green investment, the chancellor has told Sky News, days before the expected announcement that Jaguar Land Rover owner Tata will build a major new battery factory in the country. Jeremy Hunt said that he was prepared to deploy subsidy money from the government’s £1bn war

Lionsgate CFO Jimmy Barge said the company will see little to no financial impact from a three-month WGA strike – about how long the guild’s last work stoppage lasted — and that it hasn’t factored prolonged labor action into its guidance. A strong content pipeline and large library makes the business pretty resilient, he told

The owners of Asda and petrol stations giant EG Group were on Thursday applying the finishing touches to a £10bn merger of their operations in Britain. Sky News has learnt that the billionaire Issa brothers – Mohsin and Zuber, who launched EG Group – and TDR Capital are aiming to announce the tie-up on Friday.

EXCLUSIVE: Laika has named two executives to its expanding live-action division, with Jeremy Kipp Walker joining the company as Executive Vice President of Live-Action Production and Chaz Salembier taking on the role of Creative Vice President, Live-Action Film.  Effective immediately, both executives will report to Matt Levin, who joined Laika as President of Live-Action Film

The energy price cap on household bills has fallen to an annual average of £2,074 between July and September, removing some of the financial pain inflicted by the unprecedented surge in gas and electricity costs. Industry regulator Ofgem made the announcement against a backdrop of good news for the cost of living crisis – with

Beyoncé’s Tribute Message To Tina Turner: ‘I Love You Endlessly’ – Deadline You will be redirected back to your article in seconds Skip to main content May 24, 2023 9:01pm Beyoncé’s has added her thoughts on today’s death of Tiny Turner, who passed at age 83. “My beloved queen. I love you endlessly,” read Beyoncé’s

Microsoft will on Wednesday lodge a formal appeal against British regulators’ decision to block its $75bn takeover of Activision Blizzard, the Call of Duty maker. Sky News understands that the technology behemoth will file its complaint with the Competition Appeal Tribunal (CAT) within hours, sparking the next phase of its fight to secure one of

Warner Bros. Discovery has corrected changes it made to director and writer credits in its rollout of Max after receiving harsh blowback from the Directors Guild and the Writers Guild. In a statement, Max said: “We agree that the talent behind the content on Max deserve their work to be properly recognized. We will correct

The rate of inflation is finally back in single digits for the first time since last summer, easing to 8.7% last month but food inflation remains near 20% and core price inflation is at a 30 year high. The Office for National Statistics (ONS) said the decline in the consumer prices index measure (CPI) was

EXCLUSIVE: Cory Shields has stepped down as Amazon’s VP Global Media and Entertainment after more than three years at the streamer. There will be no immediate replacement. In the interim, all of Shields’ direct reports will report to Drew Herdener, SVP Worldwide Communications at Amazon. Shields, a veteran NBCUniversal executive, quietly joined Amazon Studios in

Britain is no longer expected to suffer a recession this year, nor will it have the weakest economic growth in the group of seven leading industrialised economies, the International Monetary Fund (IMF) said today. Unveiling a dramatic upgrade to its outlook for Britain, the Fund, which previously predicted Britain would face the worst 2023 of

SAG-AFTRA and Cameo for Business (C4B), the celebrity digital marketplace that connects talent with fans and brands, have reached what the guild is calling a “groundbreaking” agreement that allows its members to work under a SAG-AFTRA contract and count their C4B earnings toward their pension and health benefits. Cameo for Business is a digital marketing