The new owner of The Original Factory Shop (TOFS) is drawing up plans for a radical restructuring of the discount retailer just weeks after taking control. Sky News has learnt that Modella Capital – o...
Sir Keir Starmer is gearing up to sell further tough choices to his MPs as he lays the ground for big changes to the UK’s welfare system. The prime minister’s motivation is the sheer cost of long-term...
Thousands of government credit cards are being cancelled because some of the expenditure is “not justified”, a cabinet minister has said. Appearing on Sky News’ Breakfast with Wilfred Frost, Pat McFad...
Vandals have damaged around 20 Tesla vehicles at a dealership in Belfast, police have said. The Police Service of Northern Ireland (PSNI) said the incident happened in the Boucher Road area in the sou...
The Office for National Statistics (ONS) is making major changes to how it gathers some of the UK’s most important data. These figures shape decisions on wages, benefits, and public spending. One of t...
On a hilltop above Ashfield, a sculpture of a miner watches over the local towns. In a part of Nottinghamshire with a proud mining heritage, almost a third of working-age people are now economically i...
The UK’s biggest retailer is to raise store worker pay by 5.2% over the next six months but strip away a 10% premium for working on a Sunday. Tesco said it was to stagger the increase, with the full a...
Rachel Reeves will meet leading fintech executives on Tuesday in the Treasury’s latest effort to generate economic growth ideas from the private sector ahead of her spring statement. Sky News has lear...
The welfare state will be there for those who need it “now and for years to come”, the work and pensions secretary has said – as the government faces pressure from its own MPs over benefit changes. Li...
Global economic growth has been downgraded by the Organisation for Economic Co-operation and Development (OECD) – as the impact of US President Donald Trump’s tariffs becomes apparent. Major economies...
The hedge fund manager Crispin Odey is facing a £1.8m fine and a ban from the financial services industry in the UK following a ruling by the City regulator. The Financial Conduct Authority’s (FCA) pr...
