The extraordinary, unprecedented and largely unexplained flows of millions of pounds of British luxury cars into states neighbouring Russia continued in February, according to new official data.

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The owner of Superdry's flagship store in central London is weighing a challenge to a rescue plan that would impose steep haircuts on the struggling chain's landlords.

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NatWest Group has become the latest UK banking giant to report a sharp drop in earnings for the first three months of the year.

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More than half of all new electric cars sold worldwide are from China and it can make them cheaper and faster than its competitors.

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Liz Truss has acknowledged she and her government lost the confidence of financial markets following the mini-budget of October 2022 – but has refused to apologise to homeowners for higher interest rates.

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The private equity titan Blackstone is this weekend drawing up plans for a £1.2bn takeover bid for the owner of songs performed by Blondie, the Kaiser Chiefs and the Red Hot Chili Peppers.

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BREAKING: Pension funds brace for £30bn hit from Gove leasehold reforms

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An HSBC-backed technology company which was in talks to raise funding at a valuation of over £1bn four years ago is to break itself up amid mounting losses.

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There was a worse than expected performance for retail sales last month, defying predictions of a consumer-led pick up from recession for the UK economy.

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BREAKING: Grocery delivery app Getir prepares to exit UK market

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The budget was delivered just 105 days after the autumn statement and it showed, writes Sky's business correspondent Paul Kelso.

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How Budget 2024 had a smaller impact on public finances than the autumn statement | Analysis by Sky's economics and data editor Ed Conway

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Marks and Spencer co-chief executive Katie Bickerstaffe is to leave the business after just two years in the role, the company has announced.

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BREAKING: Nationwide agrees terms for £2.9bn takeover of Virgin Money

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BREAKING: Chancellor to unveil two-year extension to recovery loan scheme

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British Land, Microsoft and Vodafone are among the backers of a new business coalition that will launch this week with the aim of tackling the UK's perennially weak productivity.

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Rolls-Royce Submarines has announced more than 200 jobs will be created with the opening of two new offices in Scotland and Wales.

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Shares in the troubled UK music investor Hipgnosis Songs Fund hit a record low on Monday after the value of its portfolio was cut and said it had halted investor payouts 'for the foreseeable future'.

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Apple has been fined €1.8bn (£1.54bn) by the EU for favouring its own music streaming service rather than rivals.

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Lucy Frazer rebukes Telegraph directors over removal of newspaper bosses

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