Business

Experts have hailed a “critical turning point” as renewable power generated a record-breaking 30% of the world’s electricity last year, new data has found....

The boss of P&O Ferries – known for its fire-and-rehire of nearly 800 workers – has said he could not live on the less...

One of Britain’s biggest carpet retailers is axing more than 25% of its head office staff as it grapples with a protracted downturn in...

The housing market is “finding its feet” with a slight increase in prices, particularly for flats, according to analysis from part of the UK’s...

The government is “gaslighting” the public about the state of the economy, the shadow chancellor will say on Tuesday. Rachel Reeves is set to...

Federal air safety regulators have opened a fresh investigation into the Boeing 787 Dreamliner – after the firm said several employees had committed “misconduct”...

An estate agency group backed by the private equity arm of Lloyds Banking Group is being put up for sale in the latest sign...

The world’s second-largest steel company has warned the government that a planning verdict due this week could lead to a key division quitting the...

Ordinary investors will be awarded ‘bonus’ shares in NatWest Group if they hold onto stock they acquire in the taxpayer-backed bank, under a plan expected...

A former top Post Office lawyer has been accused of telling the Horizon IT inquiry a “big fat lie” over his knowledge of a...

Official figures have raised fears of a deepening public sector drag on the the UK’s economic recovery from recession. Data from the Office for...

Tech giant Apple has recorded the biggest drop in iPhone sales since the early months of the COVID pandemic. Sales for January to March...

Goldman Sachs is removing a cap on bonuses for London-based staff, paving the way for it to resume making multimillion pound payouts to its...

One of the world’s leading economic authorities has warned the UK that borrowing should remain expensive until the rate of price rises eases further...

Chinese manufacturers receive nine times more government support than their Western counterparts, according to calculations from the Organisation for Economic Co-operation and Development (OECD)...

The US central bank, known as the Fed, has again kept interest rates high – at 5.25% to 5.5%. It comes despite the bank...

A specialist financial services consultancy has become the latest London-listed company to attract takeover interest from private equity firms. Sky News has learnt that...

Shifting expectations for UK interest rate cuts have contributed to a dip in house price growth, according to a closely watched measure. Nationwide reported...

A former boss of Camelot, the National Lottery operator, will be named this week as the next chairman of the Post Office as ministers...