Business

Jeremy Hunt has been appointed chancellor after the prime minister sacked Kwasi Kwarteng. Mr Hunt returns to the frontbenches after a few years off,...

Royal Mail has announced it will begin a process to make 5,000 to 6,000 roles redundant by August next year. The announcement, made in...

The Bank of England is set to stop its government bond buying scheme today after attempting to reassure the UK’s financial markets. The Bank...

The head of the International Monetary Fund has delivered a blunt condemnation of the UK government’s mini-budget – pointing out government and Bank of...

The chancellor has insisted he is “not going anywhere” amid the economic turmoil – and when asked if he was about to do a...

US inflation dropped to 8.2% over the 12 months to September. The US Bureau of Labor Statistics (BLS) said the consumer price index (CPI),...

Royal Mail workers are striking on multiple days across the next few months, with people warned to expect delays to their parcels and letters....

EasyJet have said customers were happier with service over the summer than they were in 2019, before the travel chaos following pandemic lockdowns, despite...

The chancellor has insisted he is “not going anywhere” amid the economic turmoil in the UK and said he remains “totally focused” on delivering...

As Liz Truss faces open revolt in her party over her planned tax cuts, her chancellor will today try to reassure the IMF that...

Royal Mail workers are striking on multiple days across the next few months, with people warned to expect delays to their parcels and letters....

The chancellor’s mini-budget “complicated matters” for the Bank of England as it battled to bring down inflation, the International Monetary Fund’s chief economist has...

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...