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Business

Business

Bank of England now sees inflation peak above 3% but plays down risk to economy

The Bank of England has raised its expectations for inflation but reiterated its view that the coronavirus crisis-linked spike in price rises of recent...

by admin June 24, 2021
Business

Government to update travel list as Matt Hancock boosts holiday hope for those double-jabbed

The government is due to deliver its latest travel advice on Thursday after Matt Hancock gave fresh hope to the prospect of summer holidays...

by admin June 23, 2021
Business

Inflation pressures build as pace of economic rebound ‘appears to have peaked’

Inflation pressures facing UK firms hit record levels this month – amid signs that the pace of the economy’s rebound from the coronavirus crisis...

by admin June 23, 2021
Business

Government to consider selling off Channel 4 while clamping down on streaming services

The government is to review the ownership model and remit of Channel 4, opening up the broadcaster to the possibility of being privatised as...

by admin June 22, 2021
Business

Borrowing falls as furlough spending eases – but still second highest on record

UK borrowing fell to £24.3bn last month as the government spent less money on furlough and saw a boost from VAT and fuel tax,...

by admin June 22, 2021
Business

Government rules out changes to pensions promise

Boris Johnson has pledged not to ditch the “triple lock” on pensions, following press reports that the government was considering scrapping the commitment. A...

by admin June 21, 2021
Business

Gupta-owned Jaguar Land Rover supplier in talks to avert collapse

An arm of Sanjeev Gupta’s industrial empire which counts Jaguar Land Rover as its main customer faces collapse within days amid last-ditch negotiations with...

by admin June 21, 2021
Business

Heading to the office two or three days a week? Train travel is about to get cheaper

Flexible rail tickets will be available in England from today, offering savings on certain routes for those who travel two or three days a...

by admin June 20, 2021
Business

Travel restrictions are a ‘trade-off’ and holidays as normal ‘was never going to be the case’

Foreign holidays as normal this summer “was never going to be the case”, Justice Secretary Robert Buckland has said as he defended the government’s...

by admin June 20, 2021
Business

Morrisons rejects ‘significantly undervalued’ £5.5bn takeover bid

Morrisons has rejected a takeover bid from a private equity firm, saying the £5.5bn value “significantly undervalued” the supermarket chain. It came after Sky...

by admin June 19, 2021
Business

Buyout giant considers £5.5bn bid for supermarket chain Morrisons

One of the world’s biggest buyout firms is weighing a spectacular £5.5bn takeover bid for Wm Morrison, Britain’s fourth-largest supermarket chain by market share....

by admin June 19, 2021
Business

AstraZeneca and EU both claim win as court rules on vaccine supply row

AstraZeneca and the EU have both claimed victory in a court ruling over the supply of COVID-19 vaccines. The two sides have had a...

by admin June 18, 2021
Business

Retail sales in reverse as hospitality’s return hits grocery demand

A sharp fall in demand for groceries, as pubs and restaurants reopened to indoor customers, has driven a decline in retail sales volumes. The...

by admin June 18, 2021
Business

UK economy ‘will bounce back to pre-COVID levels by end of 2021’ – despite delay to end of lockdown

The UK’s economy will bounce back to pre-COVID levels by the end of 2021 despite the end of lockdown being delayed, the CBI has...

by admin June 17, 2021
Business

Scotch whisky raises a glass as US trade dispute suspended

A deal to resolve a trade dispute over aircraft subsidies for at least five years has been cheered by Scotch whisky producers who were...

by admin June 17, 2021
Business

Fed jolts market as it signals US rate hike could come ‘somewhat sooner’

America’s central bank jolted markets after signalling it may start hiking interest rates from their present ultra-low level earlier than previously planned. Wall Street...

by admin June 16, 2021
Business

Rate of inflation passes Bank of England target as economy gets back in gear

The surge in the rate of inflation of the past couple of months showed no sign of slowing in May, hitting 2.1% as the...

by admin June 16, 2021
Business

Ban on commercial evictions to be extended until 2022, govt source says

The government is to extend the ban on commercial evictions introduced during the pandemic until 2022, Sky News understands. On Wednesday, ministers are expected...

by admin June 15, 2021
Business

Number of payrolled employees still 553k down on pre-pandemic level

The number of people in payrolled employment remains 553,000 down on its pre-pandemic level despite a widespread easing in coronavirus restrictions, according to official...

by admin June 15, 2021
Business

Ministers urged to extend COVID support to businesses after ‘hammer blow’ of delay

Business groups have reacted with dismay after Boris Johnson confirmed the end of lockdown restrictions would be delayed. It will mean some businesses such...

by admin June 14, 2021
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Recent Articles
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  • Elon Musk: Why some are starting to question if the world's richest man is still value for moneyElon Musk: Why some are starting to question if the world’s richest man is still value for money
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  • Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut
  • Microsoft letting employees raise concerns about products after Middle East controversyMicrosoft letting employees raise concerns about products after Middle East controversy
  • Police chiefs warn of crime surge if Labour's plans pass - as hunt for mistakenly released prisoners continuesPolice chiefs warn of crime surge if Labour’s plans pass – as hunt for mistakenly released prisoners continues
World News
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  • Aerial images show destruction of Typhoon Kalmaegi in Philippines - with at least 66 killedAerial images show destruction of Typhoon Kalmaegi in Philippines – with at least 66 killed
  • Meet the underground squad with the lives of countless civilians in their handsMeet the underground squad with the lives of countless civilians in their hands
  • Thousands targeted in 'killing fields' around Sudanese city in paramilitary group's handsThousands targeted in ‘killing fields’ around Sudanese city in paramilitary group’s hands
  • Israeli military's former top lawyer arrested over leaked video - as bodies of 45 Palestinians handed overIsraeli military’s former top lawyer arrested over leaked video – as bodies of 45 Palestinians handed over
  • Only survivor of Air India Flight 171 crash tells Sky News the trauma 'broke' himOnly survivor of Air India Flight 171 crash tells Sky News the trauma ‘broke’ him
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