A crypto entrepreneur says his net worth has fallen from $26.5bn to $100,000 after his company imploded. Sam Bankman-Fried admitted it has been a “bad...
Business
HSBC has announced plans to shut a further 114 UK branches – over a quarter of its surviving sites. The UK-based but mainly Asia-focused bank said those...
The administrator to Joules, the collapsed fashion retailer, is on the brink of a rescue deal with the South African owner of Phase Eight. Sky News has learnt...
More energy suppliers could go bust this winter potentially taking government payments intended for customers with them, the chief executive of British Gas...
It was as long ago as 1982, back in the pre-privatisation days of the Central Electricity Generating Board, that the idea of building a new nuclear power plant...
The number of mortgages approved by lenders plunged to their lowest monthly level in more than two years during October, according to data from the Bank of...
EasyJet says it is expecting to build on a strong summer, despite pressures on consumer budgets, after COVID and post-pandemic disruption pushed it to an...
The National Grid will not implement its blackout prevention scheme tomorrrow evening after French energy suppliers said they were struggling to cope with...
Stock markets in Asia have seen sharp falls while a recent easing in oil prices gained new momentum on Monday in reaction to growing COVID lockdowns and public...
The owners of Manchester United have “taken the money” out of the club rather than investing in Old Trafford, a former director has told Sky News...
The England and Wales Cricket Board (ECB) has received a £400m private equity approach that would see it relinquish majority ownership of The Hundred while...
An extra £118m, at least, will be spent this year on temporary accommodation, such as hotels and B&Bs, by councils, a Sky News investigation has found. If...
The gas and electricity watchdog has announced a series of new rules for energy companies, including requiring firms to hold more capital, similar to the...
Primark has announced a £140m investment leading to the opening of four new shops and the creation of at least 850 jobs. Parent company Associated British Food...
UK car production has returned to growth, although it is still well below pre-pandemic levels, the Society of Motor Manufacturers and Traders says. Some 69,524...
A pound could buy $1.21 on Thursday morning, the highest amount since mid-August, making imports cheaper for UK companies and consumers. The 20 cents rise in...
