Business

UK government borrowing costs have hit a 20-year high after the Bank of England confirmed its emergency bond-buying programme will end on Friday as...

The economic credibility of the government has come under siege on financial markets since last month’s tax-cutting mini-budget. While the value of the pound...

Jacob Rees-Mogg has declared his confidence in the governor of the Bank of England, but disputed that pension funds are at “systemic” risk. Speaking...

A leading City lawyer has been shortlisted to become the next chief executive of the competition watchdog. Sky News has learnt that Ali Nikpay,...

The economy slowed in August, contracting by 0.3% on the previous month. The Office for National Statistics released its latest reading on the UK’s...

The Bank of England’s governor has ruled out extending its bond-buying support for pension funds beyond Friday’s deadline, prompting a dramatic fall in the...

The International Monetary Fund (IMF) has predicted a tough 2023 as it cut growth predictions and forecast economic contraction in a third of the...

The number of people who are out of work due to long-term sickness has risen to a record high, according to data from the...

The pace of price rises for essential groceries has hit a new record high, according to a report looking at changes to shopping habits....

The Bank of England has warned of “a material risk to UK financial stability” as it widened its programme to buy up government bonds....

Mortgages continued to become more expensive despite the number of products on the market gradually increasing. The average mortgage interest rate on a two-year...

The acquisition by Morrisons of McColl’s, one of Britain’s biggest convenience store chains, has edged closer to being given the go-ahead by the competition...

The Bank of England has announced it is doubling the value of UK government bonds it can buy up as it enters the final...

A former boss of crisis-hit Wasps is spearheading a takeover bid for the Premiership Rugby club that could save it from the threat of...

Octopus Energy is close to clinching a takeover of stricken rival Bulb in a deal that will crystallise up to £4bn of losses for...

Kwasi Kwarteng, the chancellor, has ruled out tearing up the regime put in place to segregate high street lenders’ investment banking arms that was...

The pound’s value ebbed and flowed on Friday – supported by a Bank of England deputy governor’s vow to persist in the fight against...

The number of company insolvencies in England and Wales hit its highest level for 13 years in the second quarter of the year, according...

September saw the slowest retail sales growth since shops reopened post-COVID restrictions due to a combination of inflation, economic crisis and an uexpected bank...