Sky News legend reveals his last day is TODAY after 11 years – following decision to quit channel
Ian King has took to social media to reveal to fans he has officially left the 24-hour channel.
Advertisement
1
Ian King has officially left Sky News
Credit: Sky News
The seasoned broadcaster posted: "After 11 years and more than 2,000 editions of Ian King Live (now @SkyBusinessLive), today is my last day with @SkyNews.
"Many thanks to colleagues past & present, to my thousands of guests and, above all, to all of our viewers worldwide."
Replying to Ian, one fan said: "Well done Ian and thank you for having me on as a guest a couple of times. I think its a real shame that you are movng on."
A second wrote: "End of an era. Thank you for keeping us so well informed on Business."
Advertisement
more on sky news
Ian's
In a letter to colleagues, he said: "Ian has been with Sky for ten years, enriching our news report with his knowledge of finance and his network in the City of London.
"We're delighted that he will continue to be a resource on our digital estate at this time.
"I met this morning with the Business team to discuss our continued commitment to "Business Live", hosted in recent months principally by Paul Kelso and Darren McCaffrey from our main newsroom.
Advertisement
Most read in News TV
"We're increasing our investment in this area, for instance in the hit Money Blog-- a consistent audience favourite.
"I want to thank Ian for his commitment to Sky News; we'll make sure to organise a deserved send-off next year."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Irish Times
a day ago
- Irish Times
Lip-Bu Tan, Intel CEO with Silicon Valley's toughest turnaround job
At the top of the to-do list for many American business leaders is a simple priority: placate Donald Trump. Anyone doubting the need to keep the CEO-in-Chief happy has just been served a stark reminder by Lip-Bu Tan, boss of chipmaker Intel. A week ago, Tan had the dubious distinction of being the most prominent American business executive whose head Trump has demanded on a plate. The presidential call for his resignation appeared to stem not from Intel's struggles and recent threat to abandon cutting-edge chip manufacturing, but from Tan's former existence as a prolific start-up investor in Chinese semiconductor companies. A hastily arranged meeting at the White House on Monday turned the tide. Trump declared Tan's rise 'an amazing story' and hinted mysteriously at 'proposals' from the company that would soon follow. Days later, it emerged that the US has discussed taking a stake in Intel in return for investing in one of its manufacturing plants. READ MORE If Tan has won over the deal-besotted president with a tempting transaction, it is a fitting sign of the times. While the White House experiments with a new form of capitalism-by-fiat, extreme political volatility has descended on the US chip industry. For Tan, a widely-respected industry veteran who landed in the top job at Intel in March, the drama has complicated what was already one of the toughest turnaround jobs in the history of Silicon Valley. 'Semiconductor leaders have had to pivot from being an industry that was under-appreciated, not understood ... to now being in the bullseye,' says Jodi Shelton, chief executive of the Global Semiconductor Alliance, an industry group. The political warning signs should have been obvious. Intel was the biggest beneficiary of the Biden administration's move to pour $39bn into reviving chip manufacturing in the US. Trump has chafed at those grants, though he has so far stopped short of killing them outright. Through Walden International, a US venture capital firm he started more than 40 years ago with just $3 million put up by family friends, Tan has played a significant role as a start-up investor in China's tech industry – investing in China's state-backed chip manufacturers SMIC and Biren Technology, as well as Sina, creator of Weibo, China's answer to X. Those deals made him a natural target for Washington's China hawks. US senator Tom Cotton wrote to Intel's chair last week asking if Tan had a 'conflict of interest'. Tan, who dismissed the queries as 'misinformation', appeared to lack the political antenna to recognise the seriousness of the threat. 'It's taken too long for him to get to Washington. He should have got there sooner,' says Daniel Newman, an analyst at The Futurum Group. That marks Tan out from his predecessor. Pat Gelsinger, who was pushed out late last year after losing the confidence of his company's board nearly four years into an attempted turnaround, worked Washington hard and positioned Intel as a national champion. On Gelsinger's watch (and with Tan on the board until last year) Intel made some headway. But it failed to meet his habitually upbeat predictions and was caught out by the surge in demand for Nvidia's AI chips. 'Intel are losing share in almost every category they're in,' says Ben Bajarin, an analyst at Creative Strategies. Tan (65) is willing to challenge orthodoxy inside one of Silicon Valley's most hidebound cultures, bringing an investor's eye to an engineer-led company. His arrival has been welcomed both in the chip industry and on Wall Street (Intel's stock has risen by more than a fifth since his appointment), though he has taken on a position few envy. 'Intel is where good reputations go to die,' says Michael Marks, a veteran Silicon Valley executive who is partner in a venture capital firm with Tan. Tan has taken a circuitous route to the top of the US corporate world. Born in Malaysia, he obtained a degree in quantum physics in Singapore before moving to the US to study nuclear engineering. By his own account, he dropped out without completing his PhD at Massachusetts Institute of Technology after the Three Mile Island nuclear disaster and moved to Silicon Valley. He went on to build Walden, his VC firm, into a behemoth with $5 billion under management. That was followed by a surprise move in 2009 to become the head of Cadence, which sells software used to design chips. The role cemented Tan's relationships with many of the semiconductor industry's leading figures. In contrast to Gelsinger's optimistic rhetoric, Tan has emphasised the deep problems besetting Intel. According to a former colleague at Cadence, he is 'demanding but very fair, very clear'. Despite taking early action to slim Intel down, the company's finances are still under pressure. Nor has Tan ended uncertainty about its strategy. Last month, he threatened to drop its push into advanced manufacturing. With the future of the last US-headquartered manufacturer of cutting-edge chips in doubt, suspicions in Washington about Tan's role as longtime cheerleader for China's semiconductor industry have been harder to quell. Learning to play by the capital's new rules is now paramount. The fate of a struggling Silicon Valley icon depends on it. – Copyright The Financial Times Limited 2025
Irish Times
5 days ago
- Irish Times
Gareth Sheridan plays down business partner's Moldovan airline controversy as ‘not an issue' for election
Presidential hopeful Gareth Sheridan has said he knows 'very little' about his business partner's involvement in a controversial airline privatisation deal in Moldova . Speaking at the formal launch of his presidential campaign in Dublin, Mr Sheridan said he had not spoken to his business partner Serguei Melnik, who has succeeded him as chief executive of his company Nutriband for the duration of the campaign, about his involvement in the Air Moldova deal and possible links to Russian oligarchs. Mr Sheridan said he knew 'very little about that situation' and added that it was 'not an issue' in terms of the focus of his campaign, housing. The 35-year-old said he was confident he had a proposer and seconder to secure nominations for Laois and Tipperary county councils and declined to name four others he also believed he could secure nominations from. READ MORE Mr Sheridan, who would be the youngest ever presidential candidate if he secures a nomination, has budgeted for a campaign fund of up to €500,000, although he hoped to do it for less from his own funds. He said his net worth was $16 million (€13.7m) based on the current value of his shares in his business Nutriband and he has $500,000 (€429,627) in cash holdings. His campaign is focused on housing, he added, and he wants to 'make Ireland home again', a phrase he denied had Trumpian connotations. He pointed to Article 45.2.1 of the Constitution which obliges the State to direct policy so that citizens 'may through their occupations find the means of making reasonable provision for their domestic needs'. Mr Sheridan said people should be able to afford to buy a home in Ireland, which they are not able to do. Gareth Sheridan with his wife Heidi after the briefing at the Shelbourne hotel. Photograph: Alan Betson/ The Irish Times Launching his campaign at the Shelbourne Hotel, with his wife Heidi in attendance, Mr Sheridan started his address by drawing attention to media coverage of him in the last number of days, which he described as 'a little off'. He addressed his relationship with Sean Gallagher , who twice put himself forward unsuccessfully in presidential elections, and was executive chairman of Nutriband for four years to 2022. [ Mairead McGuinness drops out of presidential race due to health reasons Opens in new window ] Mr Sheridan said that after the company was listed on the Nasdaq in the US, it was decided to replace Mr Gallagher with Serguei Melnik, who had more experience with capital markets. 'We asked [Mr Gallagher] to voluntarily step aside on the same remuneration,' he said. 'Communication broke down at the next shareholder meeting' and Mr Melnik was voted in to replace Mr Gallagher. Mr Gallagher then resigned from the Nutriband board. 'I wish Sean the best in whatever he's working on,' Mr Sheridan said. In 2018, Mr Sheridan and his business associate, Mr Melnik, were fined $25,000 (€21,400) each by the US Securities and Exchange Commission (SEC), arising from the issuing of misleading statements by Nutriband in 2017 and 2018, when the two men were the company's only full-time employees. Nutribrand chief executive Gareth Sheridan with chairman Sergei Melnik. Photograph: Instagram Six statements made during the period mischaracterised the company's products as not requiring regulatory approval in the US, the SEC said. Asked about the fines, Mr Sheridan said they had received advice from two attorneys and a dermatologist who had independently advised that FDA approval was not needed. He said in the business he was in, 'you have to rely on people who are experts in that space. I'm not for a second claiming that I'm an FDA attorney'. Mr Sheridan was asked for a response to a report that his business partner Mr Melnik, the US-resident Moldovan lawyer who is chairman and chief executive of Nutriband, was a shareholder in a company that bought Air Moldova in 2018 in a deal that became the subject of controversy in Moldova, leading to an inquiry by a parliamentary committee. 'It's not an issue in terms of trying to put a focus on the housing crisis in Ireland,' he said. Asked if he owned a home or invested in the private rental market he said: 'We have our house in Utah and we have a rental house in Utah. We rent in Dublin.' He added: 'There isn't a housing crisis in Salt Lake City Utah, there is in Dublin.' He drives a 'used 2021 Mercedes hybrid'.
The Journal
6 days ago
- The Journal
Around 2,150 jobs at risk as Claire's Accessories appoints administrators
FASHION ACCESSORIES CHAIN Claire's has said it will appoint administrators for its UK and Ireland business, putting around 2,150 jobs at risk. Claire's UK stores will remain open as usual once administrators are brought in, and store staff will stay in their positions while the options for the retailer are assessed, the company announced. Claire's runs 2,750 stores across the world, including 15 stores in Ireland. Chris Cramer, chief executive of the fashion and accessories chain, said: 'This decision, while difficult, is part of our broader effort to protect the long-term value of Claire's across all markets. 'In the UK, taking this step will allow us to continue to trade the business while we explore the best possible path forward. Advertisement 'We are deeply grateful to our employees, partners and our customers during this challenging period.' The US-based business filed for bankruptcy in a court in Delaware last week. It is the second time the group has declared bankruptcy, after first filing for the process in 2018 after it was unable to repay a loan. The group saw its finances improve after wiping around $1.9 billion (€1.6 billion) off its balance sheet in a refinancing but has come under pressure from recent weak consumer demand and supply chain uncertainty. Initially its UK stores were to be unaffected by the bankruptcy process, but the latest news indicates the opposite. Last month, Sky News reported that Claire's is working with advisers from Interpath to seek a potential sale or restructuring of its UK business. The US group said it is continuing in strategic review for the business, including discussions with 'potential strategic partners'.
