Burberry has announced plans to cut hundreds of jobs as the luxury brand plots a fightback from a collapse in sales at the height of the coronavirus crisis.
Sky Business News Articles
‘I convinced many countries’: Trump and China respond to UK’s ban on Huawei
Donald Trump has welcomed Britain's decision to block Huawei from its 5G network - while China's ambassador to the UK said it was "disappointing and wrong".
Barber reopens at stroke of midnight as Scotland’s lockdown eases
A young barber is among the first in the latest group of businesses to begin trading again on the first day of Scotland's relaxed lockdown.
Will the hospitality industry pass on VAT cuts to consumers?
The hospitality and tourism sectors are set to benefit from a reduction in VAT from today - but there are concerns the savings might not be passed on to consumers.
Cruise firm CMV in last-ditch bid to stay afloat
A British-based cruise operator which has been at the centre of a repatriation row involving hundreds of crew is in eleventh-hour talks with potential investors in a desperate bid to stay afloat.
Burger King tweaks its cows’ diets to tackle climate change
Burger King has tweaked the diet of some of its cows in a bid to tackle climate change.
Spain’s population to halve and Nigeria to be dominant global power within 80 years, report predicts
The global population is likely to shrink after the middle of this century, triggering shifts in economic power, a new report suggests.
Why UK’s COVID-19 recession will feel far more intense than the aftermath of 2008
This might sound improbable, but just over a decade ago many people were bemoaning the fact that economics had become so boring.
Woeful quality check results must set alarm bells ringing over audits
The accounting profession has received many broadsides from its regulator, the Financial Reporting Council (FRC), some of which have had more impact than others.
Virgin Atlantic reaches deal to keep planes flying
Sir Richard Branson’s Virgin Atlantic Airways has unveiled a £1.2bn rescue package through a deal that will secure its immediate future.