As the dust settles on a tumultuous week for gilts (UK government bonds) and sterling - a week that has raised serious questions about chancellor Rachel Reeves’s stewardship of the economy - the big question many people will be asking is why investor sentiment has shifted so much against the UK in the past week.
Britain's gas storage levels are "concerningly low" with less than a week of demand available, the operator of the country's largest gas storage site has warned.
Minouche Shafik, the former Bank of England official who quit her role at New York’s Columbia University last summer after criticism of her handling of campus protests over the war in Gaza, has been picked for one of Britain’s most prized culture posts.
The UK's second largest supermarket chain is to reward store staff with an inflation-busting pay hike this year, months after warning that customers will be paying higher prices to offset budget tax hikes.
Yesterday — 9 January 2025Business News - Markets reports and financial news from Sky
The company that owns Britain's Vauxhall car plants met the UK government's electric vehicle (EV) sales mandate last year despite publicly criticising the target and announcing the closure of its Luton factory.
The chancellor is under pressure because financial market moves have pushed up the cost of government borrowing, putting Rachel Reeves' economic plans in peril.
An intervention by the chancellor to help shore up flagging financial market confidence in the UK economy has been ruled out by the government, amid further declines in the value of the pound.
Deepening tensions over the ownership of Yodel, one of Britain’s biggest parcel delivery businesses, were exposed on Thursday when a group of purported warrant-holders indicated a desire to seize control of the company.
Every Thursday, our Money blog team interviews chefs from around the UK, hearing about their cheap food hacks and more. This week we chat to Emily Cuddeford from the Twelve Triangles bakery in Edinburgh.
