Sky News Business

December 14, 2017
Top Flybe investor declares war over £2m sale

Top Flybe investor declares war over £2m sale

Flybe's biggest shareholder has launched a stunning attack on its directors, accusing them of breaching their duties to investors and threatening a legal challenge to the cut-price takeover of one of Britain's best-known airlines.

Ryanair issues profit warning as air fares fall

Ryanair issues profit warning as air fares fall

Europe's biggest low-cost carrier Ryanair has cut its full-year profit forecast as it expects winter fares to fall amid increased competition.

Should JP Morgan pay its boss £24m a year?

Should JP Morgan pay its boss £24m a year?

Two stories from the banking sector this week highlight the difference between how business is done in the United States and Europe.

Tesla to slash thousands of jobs after 'challenging' year

Tesla to slash thousands of jobs after 'challenging' year

Tesla plans to cut thousands of jobs after the "most challenging" year in the electric car maker's history.

UK retail sales fall as shoppers hunt for bargains

UK retail sales fall as shoppers hunt for bargains

British retail sales fell in December as shoppers hunted for discounts on Black Friday and brought forward their Christmas spending, according to official data.

Arrow takes aim at taxpayer-owned loans

Arrow takes aim at taxpayer-owned loans

Arrow Global, the listed debt purchaser, is in talks to buy a portfolio of commercial loans that would mark another step in the government's efforts to shed the legacy of its financial crisis bailouts.

Ghosn hit with new allegations of improper payments

Ghosn hit with new allegations of improper payments

Scandal-hit Renault boss Carlos Ghosn improperly received €7.8m (£7m) from a joint venture between Nissan and Mitsubishi, the carmakers allege.

Netflix draws 9m new subscribers amid Bird Box success

Netflix draws 9m new subscribers amid Bird Box success

Netflix's original series and films, including post-apocalyptic thriller Bird Box, helped draw almost nine million new subscribers to the streaming service in the fourth quarter.

Philips to shut UK baby bottle factory post-Brexit

Philips to shut UK baby bottle factory post-Brexit

Philips has announced plans to shut a UK factory with the potential loss of 430 jobs, months after expressing worries about a possible hit from Brexit.

Do you have the UK's most popular car colour?

Do you have the UK's most popular car colour?

Grey has overtaken black as the UK's most popular new car colour for the first time ever.