Business News - Markets reports and financial news from Sky

The UK economy recorded 0.4% growth in July, partly on the back of artificial intelligence (AI) investment according to early official figures that outperformed expectations.

One of Britain's most troubled water suppliers has called off plans to raise hundreds of millions of pounds from investors amid the ongoing regulatory and political uncertainty engulfing the industry.

The John Lewis Partnership (JLP) has sounded a note of caution over its outlook after surging costs and weaker consumer confidence contributed to deeper half-year losses.

The EU has drafted new rules which could lead to more restrictions for Airbnb and other short-term home rental companies.

There is mounting concern over the impact of intensifying hostilities in the Middle East on the global economy, as oil prices topped $100 a barrel again.

Apple has unveiled its first foldable iPhone at the company's annual launch event in California.

Channel 4 is to cut about a quarter of its staff - around 340 jobs - by the end of the year.

A container ship has arrived in the UK after a landmark journey from China via ‌the Arctic, as part of plans for more ​vessels to use the route as a shorter and potentially safer ​alternative to the Suez ‌Canal.

IG Group, the London-listed online trading platform, is taking an axe to hundreds of jobs just weeks after unveiling a $1.3bn deal to buy a major US-based prediction markets operator.

Tens of thousands of passengers have been caught up in widespread disruption at UK airports.