Business

Wood Group, the London-listed oil sector engineer, is cutting hundreds of jobs nearly a year after talks about a takeover collapsed. Sky News understands that the company is expected to announce next week alongside its full-year results that it has launched a new cost efficiency programme that sources said would affect white-collar workers globally. One
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Ian reacts to the latest figures from the Office for National Statistics which showed inflation fell to 3.4% in February, down from 4% the month before. Also Greggs becomes the latest company to suffer from IT issues, forcing some of its stores to briefly close. And the chief executive of fitness chain David Lloyd Leisure
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An Australian computer scientist is not ‘Satoshi Nakamoto’, the pseudonym attributed to the unknown person widely credited with inventing Bitcoin, a High Court judge has ruled. Dr Craig Wright, who claimed he was Satoshi, was sued by the Crypto Open Patent Alliance (Copa), a non-profit group that includes cryptocurrency firms. During the five-week trial, the
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Ian has the latest developments at The Daily Telegraph with Sky News’ City editor Mark Kleinman. He also speaks to David Livingstone, chief client officer at the Wall Street banking giant Citi, about the budget. And Zig Serafin, chief executive of Qualtrics talks to Ian about making businesses more productive. :: Listen and subscribe to
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For the first time in over a year house prices are more expensive than they were 12 months previously as high mortgage bills have not dampened demand for homes, according to the UK’s largest building society. While the cost of buying a house or flat slightly increased from month to month at certain points during
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Bitcoin has hit $60,000 for the first time since November 2021 – putting the cryptocurrency in touching distance of a new record high. One Bitcoin cost $60,519 early on Wednesday afternoon after days of huge rises. It’s close to the all time high of $60,655 recorded on 31 October 2021 when many people turned to
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