The future of Pizza Hut's restaurants in Britain has been salvaged after the business was sold out of insolvency proceedings to the brand's main partner in Denmark and Sweden. Sky News can reveal that Heart With Smart (HWS), Pizza Hut's dine-in franchise partner in the UK, was sold on Thursday to an entity controlled by

Train passengers caught without a ticket should be given a "yellow card" warning instead of a fine for a first offence, a watchdog says. Transport Focus has urged all operators in Britain to introduce the system to "make things fairer for everyone". The suggestion comes after the media highlighted a number of cases where passengers

Marginal gains, the science of extracting significant athletic advantage from numerous small changes, has long been a mantra in top-class sport. Numerous British competitors, from the velodrome to the track, have the medals to prove it. When it comes to economics, and more specifically to running an economy, this week has provided a lesson that

Approval has been given for the first UK launch of a traditional "vertical" rocket. The critical clearance from the air safety regulator has taken the country a step closer to seeing its first lift-off on British shores. German company Rocket Factory Augsburg (RFA) said it had received a launch licence from the UK Civil Aviation

Freetrade, the British stock-trading app, is facing a backlash from early investors after announcing a sale to London-listed IG Group for a fraction of the valuation it targeted during earlier fundraising talks. Sky News has spoken to a number of Freetrade shareholders who reacted with dismay on Thursday to the £160m sale of the company.

BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes just two days after BP warned its fourth-quarter results for 2024 would be hit by weaker oil and gas production. BP

The UK economy just about returned to growth in November after two months of contraction, the latest official figures show. Gross domestic product (GDP), the standard measure of an economy's value and everything it produces, grew by 0.1%, according to data from the Office for National Statistics. It was expected to grow by 0.2%. Money

Forget this week's minor decrease in the UK inflation number.  The most important European data release was the confirmation from Germany that, during 2024, its economy contracted for the second consecutive year. Europe's largest economy shrank by 0.2% during 2024 - on top of a 0.3% contraction in 2023. Now it must be stressed that

Sir Keir Starmer has said he is committed to only having one budget this year as he quashed suggestions of an emergency financial statement. Conservative leader Kemi Badenoch asked the prime minister if he stands by Chancellor Rachel Reeves's commitment to only have one budget this year following "talk in the city she can't meet

Nadhim Zahawi, the former chancellor, is joining an Israeli medical diagnostics group which is trying to transform the way infectious diseases are detected and managed. Sky News understands that Mr Zahawi , who has assembled a portfolio of roles since leaving frontline politics, will be named on Thursday as chair of the advisory board of