Andrew Bailey, the Bank of England governor, will join Rachel Reeves on a visit to China next month aimed at strengthening financial services trade ties between the two countries. Sky News has learnt that Mr Bailey and Nikhil Rathi, chief executive of the Financial Conduct Authority, will both accompany the chancellor on the January trip.

Retail giants including Asda, Marks & Spencer, Primark and Tesco will mount a new year campaign to warn Rachel Reeves that plans to hike business rates on larger shops will put jobs and stores under threat. Sky News has learnt that some of Britain's biggest chains - which also include J Sainsbury, Morrisons and Kingfisher-owned

It would be easy to dismiss tabletop gaming as a "geeky" hobby played by young boys in the basements of their homes. For those who have never enjoyed the rush of playing a miniature wargame, it may come as a surprise that it is in fact a multi-billion-pound industry loved by people from all walks

Tesla has recalled almost 700,000 of its electric vehicles because of an issue with the warning light on the tyre pressure monitoring system. Its warning light may not remain illuminated between drive cycles, failing to warn the driver of low tyre pressure and increasing the risk of a crash, the manufacturer said. The issue affects

British billionaire Mike Ashley has been denied a seat on the board of fast-fashion business Boohoo. A majority of Boohoo shareholders rejected efforts by the Sports Direct founder at a meeting in Manchester on Friday, with 64% of votes opposing the appointment. A similar number also denied restructuring expert Mike Lennon a seat on the

Government borrowing in November was the lowest for that month in three years, according to official figures. November borrowing was £3.4bn less than the same time last year, the Office for National Statistics (ONS) said. The state borrowed £11.2bn more than it took in last month. The deficit fall was not anticipated by analysts who

The mother of a young man crushed to death in a work accident has said her son was "full of hopes and dreams" and his family has been "robbed" of sharing in those with him. Labourer Liam MacDonald, 23, was using a hammer to chip away dried concrete from a skip at a Shetland Islands

The group which represents hundreds of European football teams including Liverpool, Manchester City and Bayern Munich has dismissed the latest bid to revive a European Super League project as a "disruptive" campaign led by "separatist self-interested clubs". Sky News has obtained a memo circulated to the board of the European Club Association (ECA) by its

UK car manufacturing fell again in November, the ninth month of decline in a row, according to industry data. A total of 64,216 cars were produced in UK factories last month, 27,711 fewer than in November last year - a 30% drop, according to data from the Society of Motor Manufacturers and Traders (SMMT). The

The UK's retail sales recovery was smaller than expected in the key Christmas shopping month of November, official figures show. Retail sales rose just 0.2% last month despite discounting events in the run-up to Black Friday. It followed a 0.7% fall seen in October , according to data from the Office for National Statistics (ONS).