Business News

No chancellor much likes it when the pound takes a tumble. No chancellor much likes it when the yield on their government debt - the interest rate paid by the state - climbs to historic highs.

The value of the pound has sunk - as the cost of 30-year government borrowing reached a high last seen in 1998.

Kemi Badenoch's promise to "maximise" oil and gas extraction has put clear North Sea water between her party and the government.

Production at Jaguar Land Rover has been "severely disrupted" by a cyber attack.

Nestle shares opened down more than 2.5% after the maker of Nescafe, Cheerios, KitKat, and Rolos dismissed its chief executive after an investigation into an undisclosed romantic relationship with an employee.

The owner of the Cote restaurant chain is exploring the option of injecting new funding into the business and retaining control after two months of talks with potential buyers.

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There are 1,210 completed homes which cannot be occupied because of delays in the work of the government's building safety regulator, Sky News can reveal.

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The Dubai-based fund which owns the Emirates airline is exploring a sale of a quartet of UK-based leisure businesses which include Netflights and Travel Republic.