Author: SKYNEWS

Just 18% of companies in the UK are led by women, and while data suggests female entrepreneurs are on the rise, men still receive more funding and are entrusted with higher average loans to get them started.In an eight-part series for Sky News’ Money blog, our reporter Jess Sharp speaks to women who are bossing it in their respective fields – hearing their stories, struggles and advice for those who want to follow in their footsteps. This week, she has spoken to Jenni Dunman, the founder and owner of Daisy First Aid… Many people dream all their lives of starting…

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Crazy Town lead singer, Seth Binzer, who shot to fame with the song Butterfly, has died at the age of 49, the LA Medical Examiner has said. Binzer, who went by his stage name Shifty Shellshock, founded the band in LA in 1995 alongside Brett Mazur. He died on Monday, according to the Examiner’s website.Crazy Town is best known for their third single, Butterfly, which reached number one in the US singles chart and number three in the UK singles chart, and became an early 00s anthem. YouTube This content is provided by YouTube, which may be using cookies and…

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Just one week ago, Nvidia became the world’s most valuable company.The chipmaker – whose shares had risen nine-fold since the end of 2022 – overtook Microsoft as its stock market valuation reached $3.34trn (£2.63bn). Since then, the shares have fallen by 13%, declining in each of the last three trading sessions.That has been enough to clip more than $500bn (£394bn) from Nvidia’s stock market valuation reached when, last Thursday, the shares hit an all-time intra-day high of $140.76 (£110.94) each (taking into account the 10-for-one share split completed earlier this month).Post Office Horizon IT Inquiry – watch live To put…

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Actress and producer Scarlett Johansson says her clash with artificial intelligence (AI) company OpenAI highlights how “vulnerable” people are to misuse of the technology.Speaking at the release of her new film Fly Me To The Moon, Johansson said: “We’re all waiting and supporting the passing of legislation to protect everybody’s individual rights. “This highlights how vulnerable everybody is to [AI] and how little protection people do have – if any – of their work in their likeness,” she said. Image: Scarlett Johannson at the American Cinematheque Award ceremony in 2021. File pic: AP In May, Johansson said she was “shocked”…

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American football star Travis Kelce has revealed how he keeps his Love Story with pop superstar Taylor Swift under wraps. Speaking to the Bussin’ With The Boys podcast, the Kansas City Chiefs tight end said that while privacy was important, he was “proud” of his musician girlfriend. “You want to keep things private, but at the same time, like, I’m not here to hide anything. That’s my girl, you know what I mean? That’s my lady, so it’s like… I’m proud of that,” Kelce, 34, said. Image: Kelce kisses Taylor Swift after the Super Bowl in February. Pic: AP “I’m not…

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Combined losses across Premier League clubs in the 2022-23 season grew by 16% despite a rise in revenue to £6bn for the first time, according to a closely-watched annual review of football finances.The report by Deloitte’s Sports Business Group showed pre-tax losses for top flight clubs of £685m over the period – a season won by Manchester City. Wages and costs associated with player transfers were blamed for the red figure.Concerns for sustainability continue to dominate the English Football League (EFL) Championship too.Money latest:Major mortgage lender cuts rates There was some progress, as spending on wages fell below revenue for…

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Two astronauts were set to exit the International Space Station (ISS) on Monday on a mission to gather living organisms growing on the facility.However, the spacewalk was aborted after water leaked from an astronaut’s spacesuit. Astronauts Tracy Dyson and Mike Barratt opened the hatch to the space station’s airlock when Dyson reported water leaking from her spacesuit’s cooling system.The leak occurred when Dyson switched her spacesuit to battery power.The astronauts hadn’t floated outside yet. “There’s literally water everywhere here now,” Mr Barratt said.NASA astronauts Tracy Dyson and Matt Dominick attempted the operation on 13 May but had to abort it…

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The number of music festivals cancelled, postponed or closed for good this year has risen to 50, according to a representative body for independent events.The Association of Independent Festivals (AIF) shared the latest figure as Geronimo, a family festival held in Cheshire, announced the event is “no more”, having become an “unsustainable financial risk” due to “a huge percentage of festival-goers holding off booking until the last week”. In a statement shared on social media, organisers said ticketholders for this year’s event, which was due to be held from 23 to 26 August, will be refunded. “We hope you will…

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Only a few thousand miles on the clock but your car keeps breaking down? Insurance bumping up with every garage visit? You’re not the only one…Money blog reader Adam, from Derbyshire, asked: “I own a 2022 Range Rover Evoque (hybrid), the car has done 11,000 miles and I have owned it from brand new. It has been back to Land Rover dealership six times for the same issue that has still not been resolved and the car is unusable as this issue is the hybrid system does not want to engage. I can’t sell it because the value has halved…

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A family from Florida is suing NASA after their home was damaged by debris which fell to Earth from the International Space Station.Law firm Cranfill Sumner, acting for the family, said the case against the agency is the first of its kind – and will “form the foundation” for similar claims in the future as space debris had become a “real and serious issue”. The object smashed into the home of Alejandro Otero in March, creating a hole in the roof and flooring.Mr Otero’s son, Daniel, was at home at the time but was not injured.The family wants $80,000 (£63,000)…

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