UK Business

UK shoppers spent an extra £1.9bn stockpiling groceries in the run-up to the coronavirus lockdown, according to figures for the industry.

Global stock markets are making further tentative gains on hopes the economic disruption from the coronavirus pandemic will be weaker than some estimates fear.

British Airways is suspending all its flights to and from Gatwick Airport amid the coronavirus pandemic.

A major part of the UK's gardening industry could be destroyed by the coronavirus lockdown - with a third of "ornamental growers" facing ruin within weeks.

UK taxpayers are to forfeit more than £600m from the cancellation of bank dividends as regulators instruct Britain's biggest lenders to conserve capital amid the coronavirus crisis.

Full-time workers who have recently changed jobs are being sacked or left without pay because of an apparent loophole in the government's coronavirus support scheme, Sky News can reveal.

The Japanese car giant Nissan has left British suppliers in the lurch by delaying crucial payments, exacerbating the cashflow strain being felt in the UK's battered automotive sector.

A total of 4,500 high street jobs are hanging by a thread after BrightHouse, the rent-to-own retailer, and restaurant chain Carluccio's filed for administration.

EasyJet has grounded its entire fleet of aircraft due to the coronavirus pandemic.

The cost of Brent crude oil has hit its lowest level since November 2002 as financial markets eye deepening economic damage from the coronavirus crisis.