Sky Business News

Housing Secretary Steve Reed wants Britain to "build, baby, build" towards the government's flagship 1.5 million homes target by the next election. But housebuilding in England has slowed to its lowest level in nine years, with the number of homes built falling by 6% to 208,600 in the year to March 2025.

Supermarket chain Asda is selling 24 of its stores and will rent them back as it struggles with its debt mound.

Global stock markets have rallied as the world's most valuable company reassured investors of the demand for artificial intelligence (AI) and the returns companies can make.

Consumer confidence has tumbled amid rampant speculation about what the chancellor will announce in the budget, figures show.