Business

The UK’s public sector debt has hit 100% of the value of the country’s annual economic output for the first time since the 1960s,...

Post Office campaigner Sir Alan Bates has blamed government “flimflam artists” for dragging out financial redress for victims. In a newsletter, seen by Sky...

There has been no change to the UK interest rate despite the US and European central banks all moving to cut in the last...

Slowly does it. That’s the overarching message to take away from the Bank of England‘s latest monetary policy decision. Unlike the Federal Reserve, the...

Britain’s biggest water utility is lining up court dates to push through a massive debt restructuring that could keep it out of government hands....

There has been no change to the UK interest rate despite the US and European central banks all moving to cut in the last...

US interest rates have been slashed for the first time in more than four years – by more than many expected – amid fears...

Nick Read is to end his torrid tenure as chief executive of the Post Office as he prepares to give evidence to the inquiry...

Tupperware, the maker of food storage containers, has filed for bankruptcy in the US. The firm, which was founded 78 years ago, said it...

One of the City’s most prominent fund management groups is heaping fresh pressure on the environmental record of Britain’s water industry by calling for...

Post Office chief executive Nick Read is to step down, Sky News understands. A formal announcement is expected imminently, sources have told Sky’s City...

There’s been no change in the rate of price rises, official inflation figures showed. The rate of inflation stood at 2.2% in August, the...

A medical technology company which produces tissue-healing surgical products has become the latest London-listed business to draw interest from buyout firms. Sky News has...

Angela Rayner, the deputy prime minister, will hold talks with union bosses and business leaders on Wednesday as the government pursues its ambition of...

Guardian Media Group (GMG) is in talks to sell The Observer, the world’s oldest Sunday newspaper, to Tortoise Media, a start-up founded five years...

Nearly 1,400 OVO customers are to receive compensation after the energy firm was hit with a £2.37m penalty for complaint handling failures. Energy regulator...

Traffic could soon be banned from part of London’s most popular shopping area, under new plans by the capital’s mayor.  A scheme announced by...

A former Treasury official is leading the race to become the next chairman of Lloyd’s of London, one of the City’s most prestigious posts....

The iconic Belfast company that built the Titanic is to collapse into administration. Harland & Wolff has announced it is insolvent and will appoint...