Business

UK firms should be “looking to the British workforce” rather than relying on immigrants to fill jobs post-Brexit, a minister has said. At its annual conference, the director general of the Confederation of British Industry (CBI), Tony Danker, called on the government to use immigration to solve worker shortages in the UK, saying it must

Cavea Plus, a streaming service based in the country of Georgia, has joined the anti-piracy coalition Alliance for Creativity and Entertainment. Formed in 2017 with a a focus on copyright protection and enforcement, the coalition now has 42 members, with a governing board that includes Motion Picture Association members Disney, NBCUniversal, Netflix, Paramount, Sony Pictures,

A venture capital fund backed by the advertising mogul Sir Martin Sorrell will this week unveil its first public investment in a US digital asset management platform. Sky News understands that S4S Ventures, which was set up this year by Sir Martin and Stanhope Capital Group, are jointly leading a $10m Series B fundraising by

Kyrie Irving will be back playing basketball again for the Brooklyn Nets after an emotional apology today. He was serving an indefinite suspension and had missed eight games for supporting a film containing antisemitic tropes. The Nets lifted his suspension an hour after the apology. He will be part of the team facing Memphis Sunday

A challenger bank specialising in green finance has poached its new finance chief from a rival as it seeks to accelerate its growth in a challenging economic environment. Sky News understands that David McCarthy, who resigned after eight years as chief financial officer of Atom in September, is joining Tandem Bank in the same role.

Elton John is saying farewell to touring and one of his last stops was at the Dodger Stadium in Los Angeles. Although it was supposed to be a night of celebration, a couple was brutally attacked after one of John’s concerts. A man was beaten unconscious on Thursday, Nov. 17 after a “fender bender,” Los

A multimillion-pound payout to Jacob Rees-Mogg, the former business secretary, is in jeopardy amid faltering talks about a sale of the asset management business he cofounded. Sky News has learnt that negotiations between Somerset Capital Management, in which Mr Rees-Mogg is a substantial shareholder, and prospective buyer Emso Asset Management have stalled in recent weeks.

The waiting is the hardest part, sang Tom Petty. Visitors to the Walt Disney Co.’s theme parks would likely agree, as unplanned ride stoppages and wait times are increasing, even as ticket prices rise. A Wall Street Journal analysis of statistics from three amusement park data providers claims problems are worsening at the parks. Citing

Tesla is recalling more than 300,000 vehicles in the US because of potential problems with their rear lights. The Texas-based electric vehicle manufacturer said the recall affects some 2023 Model 3 and 2020-2023 Model Y vehicles. Tesla said it has had no reports of any crashes or injuries related to the recall of about 321,000

UPDATED,  2:40 PM: Theranos founder Elizabeth Holmes has been sentenced to more than 11 years in prison following her January conviction on fraud and conspiracy charges related to her company’s failed blood-testing technology. The sentence, handed down Friday by U.S. District Judge Edward Davila, includes an additional three years of supervision following her release and

Civil servants at several government departments will take part in a month of sustained industrial action from mid-December. Members of the PCS union who work for the Home Office, Border Force, Department for Transport and Defra are seeking better pay and conditions. Ports, borders, and all areas of transport, including driving licences, will be affected,

Joshua Johnson’s NBC News Now show, which has been streaming nightly for the past year, will have its final episode on Friday. Johnson also said that he would be leaving the network. He’s address his exit on the final show. Now Tonight with Joshua Johnson has been shown at 8 PM ET since its debut

Twitter has temporarily closed its offices as more staff leave the troubled social media giant, sparking warnings about the site’s ability to stay online during the World Cup. The move by the company to shut its doors until Monday was apparently triggered by fears that departing employees could “sabotage” the firm. The latest turmoil comes

The crisis at Twitter has amplified as the social media giant told staff they are locked out of its offices until Monday (November 21). A message seen by various news outlets noted Twitter’s offices were closed, effective immediately. No reason behind the move was given and the office will reopen next week. The message instructed

Why energy shares didn’t suffer in response to windfall tax expansion Ian King Business presenter @iankingsky During recent days there have been suggestions in the stock market that investors were being too pessimistic about the windfall taxes likely to be lumped on electricity generators. Happily, for shareholders of those companies, that has proved to be

EXCLUSIVE: WME has signed writer-director Geremy Jasper for representation. Jasper’s first feature film, Patti Cake$, was a breakout hit at the 2017 Sundance Film Festival. The film played at the 2017 Cannes Film Festival Directors’ Fortnight and was released theatrically by Fox Searchlight over the summer. Additionally, Jasper also wrote all the movie’s original songs,

Here are all the main announcements from Chancellor Jeremy Hunt’s autumn statement to MPs: • Energy bill aid for households extended beyond April for a further year through energy price guarantee, but average annual bill will be £3,000 from current £2,500. Amounts to around £500 support for households. • Additional cost of living payments next

Mel Gibson will not be taking the strand in Harvey Weinstein’s rape trial. Prosecutors wouldn’t reveal in Judge Lisa Lench’s Los Angeles courtroom today why they’ve decided not to have the Oscar winner testify after all. However, Deputy District Attorneys Paul Thompson and Marlene Martinez made it very clear that Gibson will not be trekking down

A Chinese-owned tech company has been told to sell the majority of its stake in a UK silicon chip factory due to security concerns. The government has said Nexperia must reduce its stake in Newport Wafer Fab by 86%, back to its previous holding of just 14% when it took over the firm in 2021,