Sky Business News

A third successive interest rate cut has been ordered by the European Central Bank (ECB) to help arrest a slowdown across the euro area.

Mark Zuckerberg's firm Meta has donated $1m to Donald Trump's inauguration fund as the Facebook founder tries to mend ties with the president-elect.

Currys has warned of a drop in consumer sentiment over the past six months, with the chain plotting price rises to help offset the impact of the new Labour government's first budget.

Plans by Donald Trump to impose blanket tariffs on all imports to the US will have an "insignificant effect" on the UK economy, according to a poll of international economists.

The government is today demanding "immediate, mandatory" housing targets from councils as part of its plans to build 1.5 million houses by the next general election.

Labour's rural problem has reared its head once more.

Police are investigating "dozens of people" at the Post Office and Fujitsu, the head of a nationwide operation has announced.

Two of Britain's biggest high street banks have quit a body dedicated to enhancing industry lending practices, sparking a furious row and casting doubt over its future.

Cineworld says it is closing another six cinemas, bringing the total of closed sites to 11.

Small British businesses have stopped selling to Northern Ireland as well as Europe due to extra administrative hurdles posed by new EU customs rules coming into effect.

A $10bn-plus takeover bid for one of America's biggest pharmacy chains is set to trigger a fresh auction of Boots the Chemist after a string of aborted attempts to sell the British retail giant.

Baroness Hodge, former chair of one of Westminster's most influential select committees, is being lined up to lead a review of Arts Council England's use of public money amid a growing backlash in the cultural sector over the direction of its funding.

A police unit launched to crack down on the surge in shoplifting has arrested 93 members of 28 organised crime gangs behind more than £4m worth of thefts.

One of Britain's leading financial mutuals is in talks to buy Dalmore Capital, the infrastructure investor which owns a stake in the Thames 'super sewer'.

Shell and the environmental campaign group Greenpeace have settled a multimillion-pound lawsuit brought over an at-sea protest.

Eliminating all pollution incidents in the Thames Water network will be "almost impossible" and a public debate is needed about the real cost of ending all sewage outflows, chief executive Chris Weston has said. 

Google has unveiled a computing chip capable of solving problems in minutes that would take one of today's fastest supercomputers 10 septillion years to complete.

Thames Water has revealed a 40% spike in sewage spills while warning that a looming decision on what it can charge customers is "fundamental to our future".

The owner of Poundland has revealed a £642m (€775m) hit to the UK discount retailer, citing several major headwinds including rising costs amid the budget burden facing businesses.

Almost a third of goods at supermarkets are on promotion, according to industry data as a big question mark hangs over the sector heading into 2025.