The UK’s Supreme Court is set to deliver a landmark ruling today that could have billion-pound consequences for banks and impact millions of motorists. The essential question that the country’s top court has been asked to answer is this: should customers be fully informed about the commission dealers earn on their purchase? However, the Supreme…
Heathrow Airport has said it can build a third runway for £21bn within the next decade. Europe’s busiest travel hub has submitted its plans to the government – with opponents raising concerns about carbon emissions, noise pollution and environmental impacts. The west London airport wants permission to create a 3,500m (11,400ft) runway, but insists it…
Microsoft has become only the second publicly traded company after Nvidia to surpass $4 trn (£3.03trn) in market valuation, after registering huge earnings. On Thursday, shares rose on Wall Street with the S&P 500 and Nasdaq climbing to new record highs. Stocks in Microsoft jumped after posting better-than-expected results, helped by its Azure cloud computing…
Every week we interview top chefs from around the UK, hearing about their cheap food hacks, views on the industry and more. This week, we speak to Chris Shaw, head chef at Toklas restaurant on the Strand in London… My favourite restaurant chain is… Pizza Express! I haven’t been for a while, but I’ve got…
The buy now, pay later (BNPL) giant Klarna is preparing to revive a public listing in New York this autumn, months after being forced to abort a previous attempt amid tariff-induced market turmoil. Sky News has learnt that Klarna and its advisers are aiming to launch an initial public offering (IPO) in September or October…
Whether it’s a man-made problem or a weather issue, flights are often prone to lengthy delays or cancellations. The average delay for flights from major UK airports was 18 minutes and 24 seconds in 2024, with Gatwick the worst culprit for delays. Here’s a look at what rights you have as a passenger if your…
The owners of the RAC roadside recovery service are preparing to offload the company in a deal which could value it at up to £5bn. Sky News has learnt that CVC Capital Partners, the Singaporean sovereign investment fund GIC and Silver Lake Partners have been in discussions about plans to launch an auction or a…
Shares in Meta, the tech firm behind Facebook and Instagram, have surged in extended trading after posting a bumper set of financial results that eased concerns it was lagging rivals in the artificial intelligence (AI) race. The stock was up 11% after it reported figures covering the second quarter that smashed analysts’ expectations in almost…
Companies which continually pay their suppliers late will face fines worth potentially millions of pounds, the prime minister has announced. Sir Keir Starmer said “It’s time to pay up” as the government is set to unveil plans to give the small business commissioner powers to fine large companies that persistently pay their suppliers late. Under…
The Federal Reserve has defied calls from US President Donald Trump for a cut to the interest rate by leaving it unchanged. The decision means it stays in the range of 4.3%, where it has remained after the bank reduced it three times last year. “We’re keeping the rates high, and it’s hurting people from…