Pizza Hut has become the latest restaurant chain to put a financial restructuring on the menu by hiring advisers to explore the possibility of an insolvency agreement that could entail significant job losses.
Sky Business News Articles
Profits up at UK’s biggest listed funerals firm as pandemic sparks 23% leap in services
The UK's largest listed funerals firm has reported a leap in revenue and profits as the coronavirus crisis prompted a surge in UK death rates.
Sorrell’s quest into digital jungle snares Amazon agency deal
The marketing services mogul Sir Martin Sorrell is accelerating his second bid to reshape the industry by acquiring an agency which manages consumer brands' advertising relationships with the technology behemoth Amazon.
Heathrow wants ‘double testing’ regime to reduce quarantine
Heathrow Airport is proposing a regime of testing in a bid to reduce 14-day quarantines and get people travelling as the travel sector suffers under the strain of the coronavirus crisis.
Barclays sets aside £3.7bn as virus crisis hurts consumer business
Barclays made provisions of £3.7bn in the first half of the year to cover possible loan losses as the coronavirus crisis took its toll on consumers and businesses.
UK signs deal for 60m doses of potential coronavirus vaccine
Britain has signed a deal for the supply of up to 60 million doses of a potential coronavirus vaccine developed by Sanofi and GlaxoSmithKline (GSK).
Wheels come off government’s bike voucher scheme as website crashes
Boris Johnson's plan to get the nation cycling suffered a difficult start when the website offering free bike repairs crashed at its launch.
Ex-wife of Jeff Bezos donates £1.32bn to charity after Amazon shares increase in lockdown
The ex-wife of Amazon founder Jeff Bezos has donated £1.32 billion to charity in the last year, she has revealed.
Bemusement and anger in Majorca over British government’s COVID restrictions
There is a very good reason why the people of the Balearic Islands feel particularly hurt by Britain's new rules on quarantine. As I flew into Mallorca, it was there beneath me.
Cafes and restaurant chains see change in consumer habits after lockdown
Some of the world's largest restaurant and cafe chains have reported seeing a change in consumer habits after lockdown restrictions were eased globally.