All flights to and from London Heathrow have been cancelled today due to a fire at a nearby electricity substation. Passengers are being warned to stay away, with more than 1,300 journeys expected to ...
Government borrowing last month was £15bn more than last year, with the budget deficit higher than economists predicted. The gap between what the government takes in and what it spends was £10.7bn in ...
The chancellor’s update on the economy next week is not going to be an emergency budget in its truest sense. But it will be a moment when the sirens flash red. It’s not an emergency budget because the...
Heathrow Airport is to remain shut until midnight due to a large fire at a nearby electricity substation. A spokesperson said there was a “significant power outage across the airport” and “we do not h...
Wage growth has remained strong, the latest official figures show, as the Bank of England decided to hold interest rates. Wages – excluding bonuses – grew 5.9% in the three months to January, the same...
The Bank of England has kept interest rates on hold as it warned of growing economic uncertainty linked to Donald Trump’s trade war. The central bank’s monetary policy committee, which meets every six...
The Bank’s decision to hold rates did not come as a surprise but the vote was more unified than expected. It suggests concerns about inflation are niggling away at policymakers, even though economic g...
Yorkshire Water has agreed a £40m ‘enforcement package’ with the industry regulator after an investigation found sewage outflow and wastewater deficiencies at the company. Ofwat identified “serious fa...
Intertek Group, the testing and inspection specialist, is to become the latest in a string of FTSE-100 companies to hand their chief executives a sizeable pay boost. Sky News has learnt that the compa...
For an industry that measures contracts in decades, and a ministry with a reputation for bureaucracy, overspending and delays, the prospect of a rapid increase in defence spending presents a challenge...
Wage growth has remained strong, the latest official figures show, as the Bank of England mulls its interest rate decision. Wages – excluding bonuses – grew 5.9% in the three months to January, the sa...
Ben and Jerry’s claims its chief executive has been sacked amid a longstanding row with its UK parent firm over the ice cream maker’s political activism. Court documents allege David Stever was being ...