Sky Business News Articles

Ineos has suspended plans to build a new 4x4 vehicle in south Wales and may make the vehicle at a site in France instead.

The cost of taxpayer subsidies for jobs has climbed above £35bn while the value of business loans underwritten by the government has reached £45bn, the latest figures on the impact of COVID-19 show.

Workers offered regular coronavirus tests by their employers could face a mounting tax bill, a senior MP has warned.

Workers offered regular coronavirus tests by their employers will not face an increased tax bill, the Treasury has confirmed.

UK shopping visits are still only at half the level of last year and the reopening of pubs and cafes failed to deliver a hoped-for boost, according to industry figures.

The governor of the Bank of England has postponed a rare meeting with a Tory backbench committee which would have taken place just after the chancellor's economic update.

Deliveroo is trying to bolster its credentials as a supporter of independent British restaurants by launching a direct tipping function on its app during a period when many local operators are fighting for survival.

Newspaper publisher Reach is to axe 550 jobs, or 12% of its workforce, in an overhaul designed to cut costs by £35m a year.

TikTok has said it will no longer operate in Hong Kong after China's new national security law demanded it hand over user data.

Another day, another announcement on job losses.