Business

Jeremy Hunt has reduced the threshold for the higher rate of income tax. The chancellor, announcing his autumn statement, said the 45p rate will...

Jeremy Hunt will promise to weather an economic “storm” by raising taxes, cutting public spending and scaling back energy support to fill a £54bn...

A Chinese-owned tech company has been told to sell the majority of its stake in a UK silicon chip factory due to security concerns....

There has been a higher than expected leap in the rate of inflation, to a 41-year high of 11.1% last month, led by the...

The Chinese owner of Thomas Cook is exploring the sale of a stake in the famous British holiday brand three years after its ignominious...

Arms manufacturer BAE Systems has said it has seen increased orders, the benefits of which are to be felt for years to come, as...

Wage growth picked up by more than expected over the three months to September, according to official figures also showing a rise in the...

Chancellor Jeremy Hunt will announce a rise in the national living wage this week, Sky News understands. Mr Hunt and Prime Minister Rishi Sunak...

The Bank of England Governor has denied having any part in the downfall of Liz Truss. In an interview with Sky News, Andrew Bailey...

Elon Musk has warned budding entrepreneurs hoping to emulate his success to “be careful what they wish for”. Speaking to a business forum in...

Amazon is to let go of approximately 10,000 employees as early this week, it has been reported. The jobs are to be lost in...

The parent firm of fashion retailer Joules and The Garden Trading Company is on the brink of collapse after a failure to secure new...

The high street empire founded by Mike Ashley is close to agreeing a deal to buy the stricken Savile Row tailor Gieves & Hawkes....

Ofgem’s failure to effectively regulate energy suppliers since 2018 has “come at a considerable cost” to British households, a watchdog report has found. The...

Jeremy Hunt has said everyone is going to be paying higher taxes but those who earn the most will have to make larger sacrifices....

Chancellor Jeremy Hunt has warned there will be no rabbits in the upcoming budget, describing himself as “Scrooge who is going to do things...

Byron, one of the UK’s best-known burger restaurant chains, is to be flipped to a new owner two-and-a-half years after a brush with insolvency....

FTX, one of the world’s biggest cryptocurrency exchanges, is commencing bankruptcy proceedings in the US. Chief executive officer Sam?Bankman-Fried, the 30-year-old who once graced...

The UK economy contracted by 0.2% in the third quarter, early official figures show – prompting the chancellor to warn that the “tough road...