Business

The UK government made one of its largest interest payments on public debt ever last month, after inflation pushed borrowing costs to some of...

The rate of inflation has risen to a fresh 40-year high of 9.1% in May, according to the latest official figures. The update, from...

Imagine, if you can, you are in the chancellor’s shoes. Your instincts are to cut taxes and reduce public spending yet pretty much every...

This week’s rail strike and the potential for further walkouts across the public sector has conjured the spirits of the Winter of Discontent, the...

Demand for supermarket value ranges has surged by 12% as grocery inflation hits its highest level in 13 years, according to closely-watched industry data....

It would be tempting to assume, on the eve of what looks likely to be the biggest rail strike in a generation and amid...

A former top executive at Aviva and British Gas will this week be appointed to spearhead the latest takeover quest of Marwyn, one of...

Hundreds of UK-based executives at PricewaterhouseCoopers (PwC) are to receive one-off six-figure windfalls from the sale of the global accountancy giant’s mobility services arm....

Britons cannot expect pay rises to keep up with the soaring cost of living, the government has warned. Treasury Chief Secretary Simon Clarke has...

Russia’s economy may take a decade to recover from the crushing sanctions placed on the country following its invasion of Ukraine in February 2022,...

The UK’s central bank will need to remain flexible on interest rates as inflation spikes but the country’s economy slows, according to a senior...

The Government is trying to do everything it can to tackle the cost of living “storm” but cannot solve every problem or save every...

Elon Musk has addressed Twitter staff for the first time and outlined new details of his vision for the company, including plans to allow...

The US central bank has increased interest rates by 0.75% to combat inflation – the sharpest hike in 28 years. The Federal Reserve signalled...

More than two million households face increased mortgage payments following the latest Bank of England interest rate rise, which experts say could create more...

The boss of Royal Mail has told Sky News it is keeping prices “under review” as costs surge across the business and that unions...

The pound has fallen to its lowest level against the dollar since the onset of the pandemic, fuelled by concerns about the economy and...

A consumer rights expert has hit out at the aviation regulator while accusing airlines of presiding over a ‘blatant flouting of consumer rights’ following...

The European Commission has warned it will take “proportionate action” to secure the legal implementation of the Northern Ireland Protocol after the UK government...