Sky Business News Articles

Payments firm Wirecard has filed for insolvency proceedings a week after disclosing that €1.9bn (£1.7bn) had gone missing.

Barclays is facing questions over a possible conflict of interest by being paid to help Mitie, the outsourcer, raise £200m to fund the purchase of a company that the bank partly owns.

Swedish telecoms company Ericsson has said it would be capable of replacing all of the Huawei equipment in the UK's 5G network if the British government decides to ban the Chinese vendor.

Telecoms firm Huawei has been named on a list of companies that the Trump administration says are owned or controlled by the Chinese military.

Outsourcer Mitie has agreed to buy rival Interserve's facilities management arm for £271m - but the deal could cost hundreds of jobs.

Royal Mail is to cut 2,000 jobs in a restructuring prompted by the "additional challenges" of the coronavirus pandemic.

Australian airline Qantas is cutting more than 20% of its staff as it struggles to deal with the impact of the coronavirus pandemic on the aviation industry.

A bonfire of red tape is being unveiled by Boris Johnson in a move to help the economy to recover from coronavirus and the nation to enjoy the summer sunshine outdoors.

Two of Britain’s biggest government outsourcers are locked in talks about a merger of their support services arms that would create a business employing more than 80,000 people in the UK.

Two of Britain’s biggest government outsourcers are locked in talks about a merger of their support services arms that would create a business employing more than 80,000 people in the UK.