Sky Business News Articles

A £1bn-plus rescue deal for Virgin Atlantic Airways rests on the outcome of crunch talks taking place during the coming days between the airline and two big payment processors.

High street chain Boots and department store chain John Lewis are cutting a total of more than 5,000 jobs - blamed on the impact of COVID-19.

Chancellor Rishi Sunak faces a tricky task in spending new money earmarked to help the economy recover from the pandemic as the total taxpayer bill climbs to £190bn, a respected think-tank has said.

Thousands of workers whose jobs put them at higher risk of catching coronavirus will be tested even if they have no symptoms.

Elon Musk says Tesla is "very close" to developing a completely autonomous driving system, the basics of which he is confident will be completed before the end of the year.

Rishi Sunak has told Sky News there will be "difficult times ahead" despite new emergency measures to kickstart the economy after the coronavirus lockdown.

Ryanair has confirmed a union deal to secure "hundreds" of cabin crew jobs threatened by the fallout from the coronavirus crisis.

Richard Baker, the former Boots boss who helped to engineer Britain's biggest-ever private equity-led takeover of a FTSE-100 company, will this week unveil the inaugural deal for his new investment vehicle.

An early-stage investor in Deliveroo, the takeaway app, is taking a stake in Kbox, a technology company which helps restaurants utilise spare kitchen capacity to fulfil orders for other food brands.

Before considering the detail of what we've heard about today it's worth remembering that we are still only in the middle of a long economic saga.