Kemi Badenoch, the business secretary, has turned down an invitation to address the CBI’s annual conference, dealing a blow to the business lobbying group’s efforts to...
A fast-growing British semiconductor manufacturer is lining up a £200m funding injection from blue-chip backers including the asset management giant M&G. Sky News has learnt that...
Chancellor Jeremy Hunt has warned of a crackdown on “public sector waste” and focus on tackling debt after official figures showed weaker than expected borrowing last...
The cost of UK state borrowing is close to a 15-year high – levels seen only twice since the global financial crash. The amount the UK...
Nokia has revealed plans to shed up to 14,000 jobs following a slump in sales. The Finland-based telecoms technology firm, which has 86,000 staff worldwide, said...
High levels of national debt will hurt the UK’s ability to fund public services and respond to economic crises, a think tank has said. Not in...
The rate of inflation failed to nudge downwards as expected last month, remaining at an annual rate of 6.7% according to official figures. The headline consumer...
The energy regulator has revealed new rules for household suppliers that include priority help for vulnerable customers struggling to pay their bills. Ofgem said that from...
Last month’s inflation data release completely changed the outlook for Britain’s economic policy. The number came in far below what economists had expected, prompting the Bank...
AirAsia founder Tony Fernandes has been criticised for posting a photo of himself getting a massage during a meeting. Mr Fernandes shared the image on LinkedIn...
Nitrous oxide will be illegal from next month as part of a government crackdown on anti-social behaviour, it has been announced. The substance, also known as...
The UK has more than its fair share of looming infrastructure priorities. There’s a neglected water network that leaks sewage into rivers and clean water into...
More than one million emergency parcels are expected to be distributed by food banks this winter due to an “unprecedented need” for help, a charity has...
The upmarket shoe retailer Kurt Geiger is being groomed for a £400m sale by its private equity backers. Sky News has learned that Cinven is working...
The Competition and Markets Authority (CMA) has announced it is investigating leading boiler manufacturer Worcester Bosch over whether it has been misleading consumers by marketing a...
The pace of basic wage growth has fallen back for the first time since January, according to official figures being closely watched by the Bank of...
Engineering specialist Rolls-Royce has confirmed the loss of up to 2,500 jobs as it seeks to take a further grip on costs. The Derby-based firm, best-known...
A recession is on the horizon and the chancellor “is in a terrible bind” as low growth and high-interest payments on debt mean little room for...
Rolls-Royce Holdings, the aircraft engine manufacturer, is to axe more than 2,000 jobs as part of a cost-cutting drive by its new chief executive. Sky News...
Janet Yellen has told Sky News the United States can “certainly” afford wars on two fronts, as the conflict between Israel and Hamas threatens stability in...