Business

Three out of four parents of children with special educational needs and disabilities (SEND) have been forced to give up work, or cut their hours, Sky News has learned. In a survey of more than 500 people, two out of five (40%) had to leave their jobs, and more than one in three (33%) reduced

Wall Street appears to be grappling with what the mixed August jobs data means exactly for markets. Stocks dropped Friday, with the S & P 500 headed for its worst week in a year after the nonfarm payrolls report came in with both good and bad news. On one hand, the unemployment number eased slightly.

The UK economy would need investment of £1trn pounds over a decade for an annual growth rate of 3% to be achieved, according to a business lobby group. The Capital Markets Industry Taskforce (CMIT), which represents leaders in the financial services sphere, said £100bn a year must be found to help the country catch up

The start of the NFL season presents a new chance for fans to dream about a Super Bowl run, and for investors in sports gambling stocks to hope for a big rally. Sports betting has become a regular presence in broadcasts and advertising, but that doesn’t mean the stocks tied to those companies are booming.

The board of Wefox, the troubled European insurance company, has sounded a fresh alarm over its solvency, warning investors that it could collapse before the end of the year without an additional funding boost. Sky News has learnt that investors in Wefox, which is backed by a syndicate of prominent investors including the Abu Dhabi

United States Steel Mon Valley Works Clairton Plant and Clairton Coke Works facility in Clairton Pennsylvania, Monday, September 11, 2023. Thomas O’Neil | Nurphoto | Getty Images U.S. Steel shares tumbled more than 20% on Wednesday as the White House is reportedly preparing to block the company’s planned sale to Japan’s Nippon Steel. People familiar

Stock markets globally are feeling the pain of a US-led slump that was sparked by renewed concerns for the country’s economy and artificial intelligence-linked values. The darling of US stocks since 2019, AI chipmaker Nvidia, saw its shares plunge almost 10% on the back of poorly received earnings growth last week. Other tech stocks in

A few companies, such as Bath & Body Works and Southwest Airlines , may help investors ride out what’s historically proven a rough month for equities. September is known to be the worst month of the year for the S & P 500, Dow Industrials, Nasdaq Composite and the Russell 2000, according to the Stock

Chancellor Rachel Reeves has been urged to impose a pay-per-mile scheme on British drivers to avoid a “black hole” from lost fuel duty revenue. Public transport charity Campaign for Better Transport (CBT) is proposing that drivers of zero-emission vehicles (ZEVs), such as electric cars, should be charged based on how far they travel, claiming it

British Foreign Minister David Lammy Ian Forsyth | Getty Images News | Getty Images LONDON — British Foreign Minister David Lammy said Monday the country would immediately suspend some arms export licenses to Israel over fears they could be used in a way that would breach international law. Lammy said 30 of around 350 U.K.

Labour is facing a drop off in confidence among business leaders amid plans for tax rises and improvements to workers’ rights, according to a survey. The Institute of Directors (IoD) had noted a leap in optimism in July among its membership as the new government came to power. But its latest economic confidence index showed

With the Federal Reserve expected to cut interest rates in September, dividend-paying stocks could be set to outperform. That is because the dividend yields on these names will look more attractive compared to the returns offered by other income-generating assets, including bonds. Given the vast universe of companies paying dividends, it could be difficult for

A British hypersonic aviation campaign which has been hailed as a successor to Concorde is this weekend racing to avert collapse. Sky News has learnt that Reaction Engines has lined up PricewaterhouseCoopers (PwC), the accountancy firm, to act as administrator if its quest to secure new funding is unsuccessful. The company is understood to be

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.  CNBC (This article is from the Warren Buffett Watch newsletter. Sign up here.) Warren Buffett has added around $6 billion to Berkshire Hathaway’s sizable cash pile this summer with a string of Bank of America stock sales since mid-July. According

GE, one of the world’s best-known conglomerates has swooped to buy a British climate technology start-up in its quest to reduce the aviation industry’s environmental impact. Sky News has learnt that GE Aerospace has struck a deal to buy Satavia, a Cambridge-based company which helps to mitigate the warming effect of aircraft contrail clouds. Founded

While the S & P 500 is on pace to close out this volatile trading month higher, some individual stocks may still be due for a pullback. On Friday, the final trading day in August, the S & P 500 and the Dow Jones Industrial Average are on pace for monthly gains of roughly 1%.