Britain's biggest banks are to halt billions of pounds in dividends to shareholders to free up more cash for the economy in the wake of the coronavirus…

One of Britain's leading entrepreneurs has issued a stark warning of tougher economic times ahead, suggesting the UK could face another "Great Depression".

BP says it is facing the "most brutal environment" for the industry in decades as it counts the cost of the slump in the oil price amid the coronavirus…

There had been a growing air of inevitability during this coronavirus crisis that Britain's banks would have to call off their dividend payments.

Britain's biggest airport and some of the aviation industry's biggest manufacturers are mounting a frantic lobbying campaign to secure taxpayer support…

The fashion retail giant Next has kicked off the sale of its headquarters and three warehouses - days after mothballing its vast online operations…

House builder Taylor Wimpey has cancelled this year's annual bonuses for its executive directors after the company closed all of its construction sites.

Administrators to Flybe have dashed employees' hopes that the government's COVID-19 furloughing scheme could be used to salvage the collapsed regional…

Wine sales in supermarkets, off-licences and online have risen sharply as consumers seek to enjoy a drink at home during the lockdown, a leading UK…

The coronavirus pandemic has resulted in the FTSE 100 marking its worst quarter since 1987.

It has been the worst quarter for world stock markets since the final three months of 2008.

RateSetter, one of Britain's biggest peer-to-peer (P2P) lenders, is exploring a sale or merger amid a funding squeeze exacerbated by the coronavirus…

The world's biggest pharmaceutical company is confident it has a COVID-19 vaccine and has told Sky News it wants to make it available on a not-for-profit…

UK shoppers spent an extra £1.9bn stockpiling groceries in the run-up to the coronavirus lockdown, according to figures for the industry.

Several cabinet ministers are overhauling their departments' boards of directors under a programme authorised by Boris Johnson that may also see the…

Ministers have flown in a leading accountancy firm to advise them on rescue requests from airlines and airport-owners that could cost taxpayers billions…

One of the main challengers to the 'big four' audit firms has asked its 4,500 UK employees to volunteer for drastic pay cuts or face a substantial…

Global stock markets are making further tentative gains on hopes the economic disruption from the coronavirus pandemic will be weaker than some estimates…

More than 90% of passenger airliners in the UK have been grounded as demand for air travel has plummeted, Sky News can reveal.

A major part of the UK's gardening industry could be destroyed by the coronavirus lockdown - with a third of "ornamental growers" facing ruin within…

UK taxpayers are to forfeit more than £600m from the cancellation of bank dividends as regulators instruct Britain's biggest lenders to conserve…

Convenience stores should keep on selling Easter eggs during the coronavirus lockdown and ignore "overzealous" attempts to stop them, a trade body…

EasyJet has grounded its entire fleet of aircraft due to the coronavirus pandemic.

The Japanese car giant Nissan has left British suppliers in the lurch by delaying crucial payments, exacerbating the cashflow strain being felt in…

A total of 4,500 high street jobs are hanging by a thread after BrightHouse, the rent-to-own retailer, and restaurant chain Carluccio's filed for administration.

Retailers are fighting a rearguard action to keep their logistics operations functioning after Next pulled the plug on its distribution centres, citing…

The billionaire founder of easyJet is threatening to seek the removal of most of its board members unless it cancels a £4.5bn aircraft order that…

The NHS has enlisted easyJet and Virgin Atlantic to help staff the new Nightingale hospitals being built to deal with the coronavirus pandemic.

Barclays is close to securing qualified investor support for a new action plan on climate change amid pressure on global banks' relationships with…

Deliveroo, the food delivery service, is to deliver 500,000 free meals to NHS workers across Britain as the coronavirus pandemic intensifies.

Euroclear, one of the world's largest settlement houses for financial transactions, is facing a furious backlash from investors over a plan to hike…

Frontline NHS workers will be offered free places to stay by Airbnb during the coronavirus pandemic.

Employees who cannot take all their annual leave due to the coronavirus pandemic will be able to carry it over for two years, the business secretary…

Sir Philip Green's TopShop empire is to halt payments to its pension scheme for months as retailers and other stricken companies conserve cash during…

Carluccio's, the casual dining chain which has been a fixture on affluent British high streets for 20 years, is on the brink of calling in administrators…

A third of this summer's food harvest could go to waste on British farms because of a chronic shortage of migrant labour caused by the coronavirus…

Stock markets have endured a renewed rout in values as investors fret over the extent of coronavirus damage expected to be inflicted on the global…

Britain's biggest rent-to-own retailer will next week become the latest corporate casualty of the coronavirus outbreak when it collapses into administration,…

London's second-busiest airport is to close one of its two terminals after a slump in flights triggered by the COVID-19 pandemic.

The former boss of Interserve, the outsourcing giant, has been drafted in by ministers to help test thousands of key workers for COVID-19.

David Sassoli looked a little weary, and a little irritated when he sat down.

Tesco is limiting new online shopping orders to 80 items following a surge in order sizes as households fill their fridges, freezers and cupboards…

Britons are being told not to move house during the coronavirus outbreak to avoid breaking the rules on social distancing, in another huge blow to…

Retail tycoon Mike Ashley says he is "deeply apologetic" following a series of mistakes in his company's handling of the coronavirus outbreak.

Three giant financial support packages pulled together in just nine days: the economic challenge momentous; the pace of work in Whitehall exhausting;…

The chancellor is being urged to speed up his £9bn coronavirus bailout for the self-employed, amid fears that waiting until June for handouts…

Anyone doubting the need for the $2trn stimulus package approved by the US Senate this week will have been disabused by the shock rise in jobless claims.

This is, as far as the Treasury is concerned, the final part of the big jigsaw puzzle of measures to address the economic impact of COVID-19. 

Chancellor Rishi Sunak has announced a rescue package worth an estimated £9bn for the UK's self-employed.

Britain's biggest outsourcing groups are to pool their workforces to ensure the delivery of public sector contracts in an unprecedented move to deal…

Universities and colleges have donated thousands of pieces of personal protective equipment (PPE) to NHS hospitals in an effort to ease shortages of…

Pubs and restaurants are pleading with ministers to clarify the government’s emergency financial support schemes as they face having to lay off…

US unemployment claims rocketed to a record high of 3.3 million last week as a result of the widespread economic shutdown caused by coronavirus.

Hunter, the premium boot-maker whose brand is a fixture in celebrity and festival-goers' wardrobes, is searching for new investment after finding its…

The burger chain Byron has hired advisers to explore options for accessing emergency funding as Britain's casual dining sector teeters on the brink…

A coronavirus bail-out for the self-employed is being unveiled by the chancellor after pressure from MPs, but handouts could go to only one in three…

Off-licences are now included in what the government deems are businesses essential in keeping the country running as it tries the slow the spread…

One of Britain's biggest shopping centre-owners will this week lay bare the scale of the crisis hammering retail landlords when it reveals that it…

Coronavirus-hit stock market values have rallied for a second day as details of the hotly anticipated $2trn US stimulus package start to emerge.

Airlines have called on the government to underwrite hundreds of millions of pounds in regulatory and air traffic control charges as they seek to navigate…

Almost half a million new benefits claims have been received by the Department for Work and Pensions (DWP) in the past nine days alone, MPs have been…

A pack of retail vulture funds are vying to take over the remnants of the Laura Ashley fashion and furniture chain which collapsed into insolvency…

The government is racing to overhaul insolvency laws as the coronavirus pandemic threatens to unleash a deluge of corporate and individual bankruptcies…

Amazon Marketplace and eBay are failing to tackle unscrupulous sellers attempting to profit from the coronavirus epidemic, according to the consumer…

Donald Trump said he wants the US economy running again by Easter, and that the coronavirus "cure is worse than the problem".

Five hundred British Transport Police officers are being deployed to rail stations to "remind" people that only essential journeys should be made.