Business

The pace of wage growth, already described as “unsustainable” by the governor of the Bank of England, has risen further, according to shock official...

The average two-year fixed mortgage rate being demanded of new borrowers has climbed above the levels seen last year when financial markets baulked at...

Inflation will fall “markedly” over the rest of the year, says the Bank of England’s governor. The rate of price increases will come down...

Inflation will fall “markedly” over the rest of the year, says the Bank of England’s governor. The rate of price increases will come down...

Chancellor Jeremy Hunt has warned that profit increases benefit no one if they worsen inflation. Mr Hunt said he agreed with remarks by Bank...

There are many areas where the British economy struggles to compete with its counterparts, but in one sector it is up there with the...

More dates have been announced for London Underground strike action this month. The trade union for train drivers, ASLEF, announced it is to stage...

EasyJet has been forced to cancel 1,700 flights during the peak summer holiday season. The low-cost airline indicated, like many rivals, it had been...

Thames Water says it has secured a commitment for an additional £750m investment by shareholders, as the debt laden company races to avoid the...

The escalating row between Boohoo and Revolution Beauty, the AIM-listed retailer, is poised to intensify with a complaint to the junior stock market regulator....

Britain’s biggest water company is this weekend corralling its shareholders to support a major capital injection as it prepares to publish delayed annual accounts. Sky...

BT Group has kicked off a formal search for a successor to Philip Jansen, its chief executive, as he weighs a number of job...

The Empire Cinema chain has entered administration, leading to the loss of 150 jobs and the closure of six cinemas. Eight of the 14...

The head of artificial intelligence at Microsoft says the company will continue to accelerate its work on large AI models despite concerns from some...

The last of the UK’s best selling car model will be made today as Ford’s Cologne factory produces the final Fiesta. The last two...

House prices have fallen at the greatest annual rate in more than 10 years, according to the Halifax house price index. The mortgage lender...

Sky News has been testing the limits of Artificial Intelligence to see what effect it could have on the future of journalism. Our experiment...

The delay to HS2 work at Euston shows ministers do not know what they are “trying to achieve” with the “floundering” station, MPs have...

Money markets have begun to price in a Bank of England interest rate of 6.5%. The interest rate on 10-year government bonds (the gilt...