April 1, 2022

Indian tech firm in which Sunak’s wife owns shares closing office in Russia

The Indian tech firm in which Rishi Sunak's wife owns shares believed to be worth hundreds of millions of pounds is closing its office in Russia, Sky News understands.
April 1, 2022

London-listed miner Petropavlovsk lines up advisers for crunch debt talks

A London-listed gold mining group which was prevented from making a loan repayment this week after its Russian lender was sanctioned is lining up advisers to help restructure its borrowings.
April 1, 2022

Criminal and civil investigations opened into P&O Ferries after it sacked 786 employees

The government's bankruptcy watchdog has launched criminal and civil probes into P&O Ferries, adding to pressure on the embattled company.
April 1, 2022

Camelot takes Gambling Commission to high court over loss of National Lottery licence

Camelot, the company that currently operates the National Lottery, is suing the game’s parent organisation in the high court after it lost its licence to a rival.
April 1, 2022

Chelsea FC sale: Chicago Cubs-owners fortify bid with new bank signing

The owners of the Chicago Cubs baseball team have fortified their bid for Chelsea FC by adding a new team of bankers ten days before a four-way shootout determines the club's future ownership.
April 1, 2022

Russian gas still flowing to Europe despite deadline day for rouble payments arriving

The amount of gas flowing into Europe from Russia hit its highest level in four months today, despite threats from the Kremlin to halt all supplies to "unfriendly" countries, potentially wreaking havoc.
April 1, 2022

Kremlin hackers linked to cyber attack on first day of Ukraine invasion

Russian government hackers have been linked to an attack on a satellite communications company at the start of the invasion of Ukraine.
April 1, 2022

Barclays investors demand hit to finance chief’s pay over $15bn trading gaffe

Leading investors in Barclays are demanding that the bank takes steps to dock executive bonuses over the trading gaffe that it said this week would cost it £450m.
April 1, 2022

UK ‘stuck’ with higher energy bills, says Octopus boss

Household energy bills prices are likely to rise even higher this autumn as the war in Ukraine deepens the gas crisis, the boss of one of the UK’s largest energy companies has told Sky News.
April 1, 2022

King dethroned as Thai group Minor wins £60m battle for The Wolseley

One of Britain's most prominent restaurateurs is to leave the owner of The Wolseley after losing a battle to buy the company he founded from administrators.