Sky Business News Articles

NatWest plunged into the red in the first half of the year after hiking its provision for loan losses caused by the coronavirus pandemic to £2.8bn.

A blanket withdrawal of the government's furlough scheme threatens to put a "python-like" squeeze on jobs in areas of the economy hardest hit by the coronavirus pandemic, the chancellor has been warned.

Jet2 has warned some of its customers in Spain that they should return to the UK earlier than planned or risk having to make their own way home.

Some of America's biggest tech companies have defied the coronavirus pandemic to post better-than-expected financial results.

Britain's aviation watchdog has been accused of "failing" passengers over delayed refunds for flights cancelled as a result of the coronavirus pandemic.

Few companies could write down the value of their assets by $16.8bn (£12.9bn) in a single quarter and live to tell the tale.

The proposed takeover of Newcastle United by a Saudi-backed investment fund has been called off.

John Lewis is looking at turning empty stores into privately rented housing as it moves to expand beyond its traditional retail offer and safeguard the long-term future of the business.

It's been a staple of UK retailing for almost 50 years and was the basis for many a child's Christmas wishlist, but after more than a billion copies, the Argos catalogue will soon be no more.

Tour operator Tui is to shut 166 high street stores in the UK and the Republic of Ireland in the face of the downturn in travel caused by the coronavirus pandemic.