Attempts by Boohoo Group, the online fashion retailer, to change its London-listed holding company’s name to Debenhams were on a knife-edge on Thursday evening after the retail billionaire Mike Ashley...
Chancellor Rachel Reeves delivered her spring statement this week. Now we’ve heard the detail we’ve picked out three key policy areas from Labour’s plan for change – health, growth and housing – and a...
Labour MPs have expressed concern about potential plans to cut or scrap a tax paid by tech giants to stave off the threat of Donald Trump’s tariffs. The chancellor and business secretary have both lef...
WH Smith will decide the fate of its 233-year-old high street chain within days, as it holds final discussions with the two remaining bidders for the business. Sky News has learnt that WH Smith will a...
Sky, the owner of Sky News, has announced 2,000 jobs at its customer service centres are at risk. The company said its proposals, including the closure of three UK sites, would affect 7% of its overal...
Britain’s second-biggest steel producer is kicking off a consultation that could lead to the closure of its two blast furnaces and more than half of its workforce losing their jobs – a move that will ...
Chancellor Rachel Reeves has said the UK does not want to “escalate” Donald Trump’s trade wars after the US president slapped a new 25% tariff on all imported cars. Mr Trump signed an executive order ...
Lower income households are set to be £500 poorer due to benefit cuts and a weak economic outlook, a thinktank has found. Living standards are on track to fall over the next five years for the poorest...
Network Rail will set up a new property company to build 40,000 homes on its rail estate over the next decade in a drive to meet the government’s housing target. The Treasury on Thursday announced the...
US President Donald Trump has announced a new 25% tariff on all imported cars. Signing an executive order, Mr Trump said the tax would kick in on 2 April – what he has called “liberation day”. This is...
The Office for Budget Responsibility has halved the UK growth forecast for 2025 from 2% to 1%, Chancellor Rachel Reeves has said. However, the fiscal watchdog said that while growth has been downgrade...
The Chinese owner of British Steel has rejected a £500m state rescue package in a move which raises fresh doubts about thousands of steel industry jobs. Sky News has learnt that the offer was made by ...