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Trade war: UK car exporter’s shares slump to four-year low
Inchcape warns investors that it expects to be hit by the trade war disruption on several fronts but insists its market leading position means it is well placed.
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An aerial view of new cars awaiting transit in the UK -
Nandy to sign off appointment of Kogan as top football referee
David Kogan, a sports media rights veteran, is to be announced as the first chair of the Independent Football Regulator in the coming days, Sky News can reveal.
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File pic: PA -
Government to decide on ‘postcode pricing’ plan for electricity bills by summer
So-called “zonal pricing” could see the south of England pay more for electricity bills than parts of Scotland. It comes as energy secretary Ed Miliband doubles down on the case for more clean power, while a Trump official invokes the Bible to support US energy policy.
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Ed Miliband is considering overhauling the electricity market as the government tries to clean up the power system. Pic: AP -
Hundreds of jobs at risk as The Original Factory Shop launches survival plan
Close to 1,000 jobs and half of TOFS' stores are under threat if landlords do not agree to demands drawn up by Modella Capital, the chain's new owner, Sky News learns.
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The Original Factory Shop. Pic: PA -
Rate cut speculation lights up as economic outlook darkens
Data suggests confidence among businesses and consumers is falling sharply as the Trump trade war combines with rising costs to threaten a greater slowdown.
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File pic: PA -
Water bosses face up to two years in prison for illegal sewage spills
New law comes into effect today as trust in the water industry reaches a record low, according to the state spending watchdog.
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Untreated sewage is discharged from a Thames Water treatment works in March 2024. Pic: Reuters -
Struggling discounter Poundland gets bids from Hilco and Endless
The two specialist turnaround investors are among those tabling offers for one of Britain's biggest high street employers ahead of a bid deadline on Friday, Sky News learns.
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Pic: iStock -
Post Office to unveil £1.75bn banking deal with big British lenders
A five-year agreement with dozens of banks will deliver a welcome boost to the state-owned company's finances.
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File pic: PA -
Business
Trump has shifted priorities of world’s economic policymakers – but their views of US have changed too
Analysis
Analysis
Trump has shifted priorities of world’s economic policymakers – but their views of US have changed tooCountries across the world are eager for Donald Trump to reduce his tariffs but they are also looking to each other, reflecting on how the world might look in the future and whether the US is a reliable long-term partner.
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L-R: CNBC presenter Sara Eisen, UK Chancellor Rachel Reeves, German Finance Minister Joerg Kukies and IMF managing director Kristalina Georgieva at the IMF spring meetings. Pic: AP