Sky Business News Articles

Boohoo, the online fashion retailer, has seen its share price surge after reporting stronger than expected sales growth during the coronavirus pandemic.

The rate of inflation has tumbled to its lowest level since 2016 despite official figures suggesting shop prices remained relatively stable during the COVID-19 lockdown last month.

Britain and Australia need each other more than ever at this time of acute global tension, the Australian high commissioner said as the two sides launch trade talks.

Fresh evidence of the permanent shift in the power-base of British retailing will emerge this week when Boohoo Group, the online fashion giant, buys the former high street stalwarts Oasis and Warehouse.

Europe's competition watchdog has launched two investigations into Apple - including the way it limits the use of the contactless payment function on iPhones.

The chief executive of Britain's biggest banking lobby group resigned on Tuesday, just days after apologising to colleagues for sexist remarks he made 12 years ago about Amanda Staveley, the prominent financier.

The budget hotel group Travelodge has sweetened its offer to landlords ahead of a crunch vote on Friday that it says is critical to preserving 10,000 hospitality sector jobs.

Chinese officials have imposed a travel ban in Beijing to stop the spread of a fresh coronavirus outbreak in the capital city.

Germany has experienced a sharp fall in demand for potatoes and potato products during the coronavirus crisis.

Greggs, the high street bakery chain, is to start re-opening shops from this Thursday but with a series of curbs to its menu.