Author: SKYNEWS

The prospect of a pre-election interest rate cut by the Bank of England has been damaged by official figures showing no progress in bringing down the pace of wage growth.Data from the Office for National Statistics (ONS) showed basic pay rising at an annual rate of 6% in the three months to April. That was flat on the figure reported by the ONS for the past two months. Upwards pressure came from the government’s 9.8% rise in the National Living Wage, which took effect in April.Money latest:Meet the woman behind the UK’s first net-zero whisky distilleryWhen the impact of inflation…

It is the strangest of scenes at the tiny resort on Agia beach.Click here for the latest update on this storyHolidaygoers spread out on sunbeds, people swim in the Mediterranean turquoise sea and the only noise is from waves lapping up against the rocks.A wired fence surrounds the resort, the only access at a small gate by the sea on the northern tip.Just outside the perimeter, two men stand over a body, which Greek officials say is that of Dr Michael Mosley. Image: A major search operation was launched to find the doctor Image: The body found in the search…

Administrators to Cazoo, the British online car retailer once valued at well over £5bn, are closing in on a deal to offload its marketplace division.Sky News has learnt that Motors.co.uk, a privately owned used-car platform, is now the frontrunner to buy Cazoo’s brand and marketplace business. Industry sources said the price was likely to be a significant discount to the investment that Cazoo had ploughed into sports sponsorship deals in a bid to build brand awareness since the company launched in 2018.Cazoo crashed into administration last month, having failed to put itself on a sustainable footing after a debt restructuring…

Tributes have poured in for “brilliant and utterly charming” TV doctor Michael Mosley, as his wife described him as a “wonderful, funny, kind and brilliant husband”.Mosley was last seen on Wednesday, after he went for a walk on his own from Saint Nikolas Beach in the centre of the Greek island of Symi, but he disappeared, triggering a search.His body was found on Sunday by a camera crew, close to a cave complex beside Agia Marina, around 10m from the sea.His wife Dr Clare Mosley said she took comfort from the fact “he so very nearly made it”, as tributes…

The head of under pressure South West Water’s parent firm has foregone her annual bonus and donated a long-term award to a scheme in support of struggling customers, saying “it’s the right thing to do”.Pennon chief executive Susan Davy told investors she took the decision because executive remuneration remained in the media and regulatory spotlight amid anger over the industry’s performance on issues such as supply security, bills and sewage spills. The group’s annual report showed her total package rose in 2023/24 to £860,000 from £543,000 in the previous financial year.Money latest:The most common holiday scams revealedWhile her salary went…

Apple is set to integrate artificial intelligence into its new phones, but billionaire Elon Musk has threatened a ban of the devices at his companies over what he alleges are security fears.The tech giant held its annual developer conference in California, on Monday, during which it made the long-awaited announcement that it was bringing AI to its devices. Dubbed Apple Intelligence, it is a collection of features that includes text and image generation and an improved Siri voice assistant.This will be supported by integrating the already popular ChatGPT into the company’s phones.However, Tesla and X owner Elon Musk, who has…

Foul play has been ruled out in the death of Michael Mosley – as CCTV footage appears to show him falling over close to where his body was found.Warning: This article contains descriptions of his last moments which some readers might find distressingThere were no injuries on the TV doctor’s body that could have caused his death, Greek police sources told Sky News. Image: Dr Michael Mosley. Pic: SYSPEO/SIPA/Shutterstock CCTV footage appeared to show him falling over close to where his body was found in Agia Marina on the island of Symi – and clearly shows that no one was…

Michael is fair haired and frail, with a face that tells a story. Until seven years ago his life was perhaps as he imagined it. He was married and working for a fancy food shop in his home town in north Yorkshire.Then something happened. He is reluctant to share the full details but his marriage broke down, he lost the job, and was left with a choice: “It was to be homeless, or move to a bedsit in Middlesbrough,” he says. Which is how we come to be speaking in the Employment Hub on Corporation Road, opposite Middlesbrough’s Jobcentre.A council-backed…

Geri Halliwell has ditched her married name in a video for fashion house Christian Dior, several months after her husband Christian Horner was accused of inappropriate behaviour.In February, grievances made against Red Bull team principal Christian Horner by a female Red Bull employee were dismissed. After being cleared of wrongdoing, Horner – who has always denied the claims made against him – continued in his role.The female employee, who was suspended from her role, appealed the decision to clear Horner with the Formula One team’s Austrian parent company Red Bull GmbH.The Spice Girl introduces herself at the start of the…

Pro-Palestinian activists say they have attacked 20 Barclays bank branches across England and Scotland as part of a campaign aimed at damaging Israel’s war machine.The Palestine Action group, which has previously focused its campaign on Israel-based defence contractor Elbit’s UK operations, said its members were responsible for the vandalism. Images posted on X showed windows smashed and widespread use of graffiti on several bank branch entrances.The locations targeted included branches in London, Birmingham, Bristol and Edinburgh.Israel-Hamas war latest:Blinken back in Middle East today – with two clear objectives The campaigners also included members of the environment-focused protest group Shut the…