Demand for new cars fell by 34.9% last month, according to figures from the Society of Motor Manufacturers and Traders (SMMT).
Sky Business News Articles
Debt is the ‘sleeping giant’ of problems caused by COVID-19, charity warns
A charity has warned that debt is the "sleeping giant" of problems created by the COVID-19 pandemic in the UK.
Companies to be paid £1,000 bonuses to hire young people
Companies will be paid £1,000 bonuses by the government to hire young people as trainees, the chancellor will announce as part of his rescue plan for Britain's post-coronavirus economic recovery.
£1.57bn lifeline for theatres, museums and galleries – but no plans to resume live shows
A massive £1.57bn coronavirus lifeline for the arts is being promised by the government, but theatres and music venues could still remain closed until next year.
UK set to phase out Huawei from 5G network in major U-turn – reports
The UK is poised to end the use of Huawei technology in its 5G network as soon as this year over security concerns, according to reports.
New European publisher Archant hunts new owners
One of Britain's oldest regional newspaper groups has put itself up for sale as it races to find new investors willing to plug a funding deficit exacerbated by the COVID-19 pandemic’s disastrous impact on industry-wide advertising revenues.
Why mothers are bearing the economic brunt of the coronavirus crisis
Deborah Haynes has travelled to war zones and interviewed prime ministers, but this week Sky's foreign affairs editor also gave us a glimpse into the juggle faced by many working parents during lockdown.
Brexit-backer Mills plots sale of home shopping group
The home shopping tycoon who was among the most prominent business backers of Britain's departure from the EU has put his company up for sale just months before the end of the Brexit transition period.
Pubs can open at 6am tomorrow as lockdown measures are relaxed
Pubs in England will be allowed to open from 6am tomorrow as punters prepare to order their first pint in more than three months.
BT and Burberry win key support for scrapping LTIP schemes
Two of Britain’s biggest blue-chip companies are on course to win shareholder approval next week for revamped executive pay schemes that could help to defuse renewed tensions over boardroom incentives.