Sky Business News Articles

Marks & Spencer (M&S) and Next, Britain's two best-known clothing retailers, are vying to take control of the British operations of Victoria's Secret, the lingerie brand.

Tesco sales have surged over the past three months driven by a sharp rise in customers shopping online during the coronavirus lockdown.

Britain's biggest shopping centre-owner intu says it is likely to appoint administrators after talks with creditors stalled.

The number of cars being made in the UK plummeted by 95.4% last month in the worst May since 1946.

Seven research and innovation projects are receiving more than £400m in government funding.

The survival prospects of Britain's biggest shopping centre-owner diminished on Thursday night amid fading hopes that lenders would grant the company an eleventh-hour reprieve.

Former bosses of Redcentric, an IT software provider, are to face criminal proceedings brought by the City watchdog, it will announce on Friday when it concludes a long-running investigation into the company's finances.

Lufthansa shareholders have backed a €9bn (£8.1bn) government rescue package to secure the future of Germany's flagship airline.

Those on Wall Street who fretted that US equity markets had rebounded too strongly and too rapidly from their March lows are finally having their moment in the sun.

Workers from ethnic minorities are not on a level playing field and action is needed rather than "nice words" to tackle pay discrimination, according to the author of a 2017 review into race in the workplace.