There has been a surge in the pace of wage growth but a rise in the jobless rate following a big drop in the number of payrolled employees, according to the latest official figures. The Office for National Statistics (ONS) reported that both basic pay excluding bonuses, and average weekly earnings, rose at an annual

There has been a surge in the pace of wage growth but a rise in the unemployment rate, according to the latest official figures. The Office for National Statistics (ONS) reported that both basic pay excluding bonuses, and average weekly earnings, rose at an annual rate of 5.6% in the three months to November. That

One of the things that made President Donald Trump's inauguration distinctive was the prominence of Silicon Valley elite. Easily identifiable were the world's three richest men - Elon Musk , Jeff Bezos and Mark Zuckerberg . And that's not to mention some of the billionaires not placed directly in view of the cameras. When the

Chancellor Rachel Reeves will travel to the World Economic Forum (WEF) in Davos this week to court potential investors in UK growth projects, joining hundreds of political and economic leaders gathering in the Swiss Alps in the shadow of Donald Trump's inauguration. Ms Reeves will join political leaders including German chancellor Olaf Scholz , European

Businesses are giving staff days off, gift vouchers or access to interest free loans to help them cope with "Blue Monday".  Today - the third Monday of January - is considered to be the most depressing day of the year, with people feeling the pinch of an extra long stretch between pay day, culminating with

Rachel Reeves will hold talks with some of Wall Street’s leading financiers in Davos this week, less than hours after Donald Trump's second US presidency gets underway. Sky News understands that the chancellor will attend a breakfast hosted by JP Morgan on Wednesday amid speculation about the threat of US tariffs being imposed on the

Supermarket chain Morrisons has taken out a High Court injunction preventing anyone from protesting at its sites - amid what it calls a "serious threat" of further action. It comes after dozens of farmers angry at inheritance tax reforms and food prices used tractors to block roads outside the chain's distribution depot in Bridgewater, Somerset

Leading MPs have questioned whether the new Office for Value for Money will actually save the taxpayer any money. In the October budget, Chancellor Rachel Reeves announced the new department to help the government "realise the benefits from every pound of public spending". However, a report published by the cross-party Treasury Select Committee has heavily

Secret Escapes, the online travel platform, has hired bankers to explore a sale nearly 15 years after its launch. Sky News has learnt that Secret Escapes has appointed the investment bank Arma Partners to oversee an auction of the company. Sources close to a number of potential bidders said on Monday that the process was

Melania and Donald Trump have just launched their own cryptocurrencies, as Bitcoin hit a record high.  The incoming first lady announced the "Official Melania Meme" on Sunday in a post on X. X This content is provided by X, which may be using cookies and other technologies. To show you this content, we need your