Category: Articles

EasyJet has raised its full-year profit expectations despite soaring costs from strikes. The no-frills carrier said it was planning to step up its battle to have air traffic control strikes in France banned after revealing it had to cancel 2,606 flights in its third

Read More

European aviation giant Airbus has warned that Brexit runs the risk of destroying success the company has achieved over the last 40 years. Speaking exclusively to Sky News business presenter Ian King, Airbus chief operating officer Tom Williams said his firm has been

Read More

Forty more Poundworld stores are to close later this month, leading to the loss of 531 jobs, administrators have announced. They will shut on Tuesday 24 July. Discussions with interested parties over the potential sale of “part, or parts of the remaining

Read More

The European Union’s largest ever trade deal has been signed with Japan. The landmark agreement, which took five years to negotiate, covers 600 million people, a third of the world’s GDP and will increase trade and investment in the two markets as well as

Read More

Political concerns overshadowed the second day of the Farnborough International Airshow as business leaders and politicians alike expressed concerns about the government’s ability to get its Brexit proposals through the House of Commons. Following a successful

Read More

A former boss of Wagamama and the O2 live events arena is taking on another big hospitality sector job as the first chief executive of The Ivy Collection, the upmarket restaurant group. Sky News understands that David Campbell, who left the Japanese noodle chain last

Read More

Netflix shares plunged in after-hours trading in New York after the company’s latest results signalled it was facing stronger competition for customers. The video streaming service’s stock lost 14% of its value after it confirmed that global subscription

Read More

Water restrictions will hit parts of England in the coming weeks, despite figures showing that up to 22% of water supply could be saved if water companies fixed leaks. Around seven million United Utilities customers will be banned from using hosepipes or sprinklers to

Read More

The International Monetary Fund has cut its 2018 growth forecasts for the UK, revising down from 1.6% to 1.4%. Updating its forecasts from April, the global organisation warned of risks from trade tensions, as characterised by Brexit talks and tariffs announced by the

Read More