Sky News Business

December 14, 2017
PM told to put 'fear of God' into company chiefs

PM told to put 'fear of God' into company chiefs

The chair of an influential House of Commons committee has urged the Prime Minister to make good on her promise to crackdown on "unscrupulous" company bosses by imposing billion-pound fines.

CBI tells PM: Customs union must be Brexit priority

CBI tells PM: Customs union must be Brexit priority

British business leaders have lambasted Theresa May's cabinet for infighting over the UK's trade position, accusing ministers of putting ideology before jobs and investment.

Thousands off work as US govt shutdown drags on

Thousands off work as US govt shutdown drags on

Hundreds of thousands of workers will stay off work without pay for a third day after a late-night vote to end a US government shutdown was pushed back.

The Range's 'Del Boy' plots £2bn London float

The Range's 'Del Boy' plots £2bn London float

One of Britain's richest self-made men is taking steps towards a London flotation of his discount retail chain that could value it at close to £2bn.

Revealed: Carillion link to ministers' board reforms

Revealed: Carillion link to ministers' board reforms

Ministers want the chairman of one of Britain's biggest construction‎ groups to spearhead a new corporate governance code for private companies - even as the sector draws intense scrutiny in the wake of Carillion's liquidation.

Dixons Carphone chief in shock exit to Boots

Dixons Carphone chief in shock exit to Boots

The chief executive of Britain's biggest specialist electrical goods and mobile phone retailer is quitting days before it updates the City on its Christmas trading performance.

Sky sources: Carillion had £2.6bn pension hole

Sky sources: Carillion had £2.6bn pension hole

Carillion, the bankrupt construction group, had financial liabilities worth about £5bn when it went bust this week, according to the most extreme calculation of its obligations to tens of thousands of pension scheme members.

Retailers suffer worst December since 2010

Retailers suffer worst December since 2010

Retail sales fell more sharply than expected in the core Christmas month, capping the worst December performance for volumes since 2010.

Carpetright shares floored after profit warning

Carpetright shares floored after profit warning

Carpetright has become the latest UK retailer to issue a post-Christmas profit warning, its second in as many months, blaming a "sharp deterioration" in trade.

It really is not all doom and gloom for retail

It really is not all doom and gloom for retail

For retailers, it's been a tough day, after a tough Christmas, after a tough year. And for some, it's looking a lot worse than it is for others.