Sky Business News
Households and business must wait for energy bills to fall, minister says
Households and businesses will have to wait for energy bills to fall significantly because there is "no shortcut" to bringing down prices, the energy minister has told Sky News.
Housebuilding faltering as developers call on ministers to address rising costs
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.
Asda to sell stores only to rent them back as it struggles with debt pile
Supermarket chain Asda is selling 24 of its stores and will rent them back as it struggles with its debt mound.
Markets soothed by AI chip maker's results but bubble concerns haven't gone away
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.
Mixed news ahead of budget for chancellor - as London mayor welcomes major rail investment
Consumer confidence has tumbled amid rampant speculation about what the chancellor will announce in the budget, figures show.
World's most valuable company beats expectations again in defiance of AI bubble fears
The world's most valuable company has reported another series of expectation-beating results, heading off fears of an end to the AI bubble, for now.
New record for wind-powered electricity in Britain
A new wind record has been set for Britain, with enough electricity generated from turbines to power 22 million homes, the system operator has said.
What is each supermarket's policy if your delivery is late?
If you regularly order your supermarket shopping online, chances are you'll have had a delivery turn up late at least once.
'It's not just overspending, it's M&S overspending': Supermarket defends £195 beef wellington
M&S has defended the price of a £195 beef wellington made by chef Tom Kerridge.
Novels have survived plenty of revolutions before - but could this one be different?
The novel has survived the industrial revolution, radio, television, and the internet. Now it's facing artificial intelligence - and novelists are worried.
Reeves dealt blow as Interactive Investor abandons retail campaign
Britain’s second-biggest retail investment platform has dealt a fresh blow to Rachel Reeves’ hopes of stimulating a stock market splurge by pulling out of a government-backed marketing campaign.
WH Smith boss quits after accounting blunder
The boss of WH Smith has resigned with immediate effect after an accounting failure prompted the retailer to slash its profit forecasts.
Inflation may have eased but we're stuck in a world of higher prices
Inflation has fallen, but households are still feeling squeezed.
Small business finance firm SAPI lands $80m funding boost
A small business financing platform co-founded by a Goldman Sachs alumnus will this week unveil an $80m (£61m) funding boost as it seeks to expand its international presence.
Inflation slows to 3.6% but food costs shoot upwards
The rate of inflation has eased to 3.6%, according to official figures that make for better reading for the economy and chancellor ahead of the budget.
ExxonMobil to close plant with hundreds of UK jobs at risk
Hundreds of jobs are at risk after global energy giant ExxonMobil announced plans to close its manufacturing plant in Fife.
X, Spotify and ChatGPT among those hit by major outage
Social media site X, music streaming service Spotify and AI chatbot ChatGPT were among several platforms down for thousands of users.
AI bubble fears take hold of stock markets and Bitcoin
Global stock markets are seeing sharp declines and bitcoin has lost this year's gains as worries intensify that the AI (artificial intelligence) boom has become a bubble fit to burst.
Best and worst parcel delivery companies revealed
The best and worst delivery companies have been revealed in new research by Citizens Advice.
'My husband died before getting his state pension. Am I entitled to any of it?'
Every Tuesday, we get an expert to answer your financial problems or consumer disputes - you can WhatsApp us here or email moneyblog@sky.uk. Today's is...
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