Business

A Twix chocolate advert has been banned for encouraging unsafe driving, the Advertising Standards Authority (ASA) has ruled. The advert, called Two Is More Than One and shown on both TV and Video on Demand, shows a man driving a car while being followed, before putting the hand brake on, swerving to the right-hand side…

A powerful new supercomputer will be built in Edinburgh after all, the chancellor has announced.  Up to £750m has been put aside for the project, Rachel Reeves revealed as part of her spending review. The Conservatives, when in government, had previously pledged £800m for the project but in August, Labour scrapped the plans, claiming it…

The UK economy shrank more than expected in April as the worst of President Trump’s tariffs hit, according to the latest official figures. The standard measure of economic output (GDP) contracted a sharp 0.3% in April, data from the Office for National Statistics (ONS) showed. During the month, Mr Trump’s so-called “Liberation Day” applied steep…

Donald Trump has responded after Elon Musk said some of his recent social media posts about the US president “went too far”. The Tesla and SpaceX boss shared a series of posts on his X social media platform last week, including one which described Mr Trump’s sweeping tax and spending bill as a “disgusting abomination”….

Pod Point’s three-and-a-half year journey as a public company will near an ignominious end on Thursday when it recommends a cut-price takeover by EDF, the French state-backed utility. Sky News has learnt that Pod Point – which now trades just as Pod – is expected to issue a statement saying that its board has fallen…

The government has told MPs it will not back down from its controversial reforms to disability benefits, which are set to be introduced to parliament later this month. More than 100 Labour MPs are thought to have concerns about the plans to cut nearly £5bn from the welfare bill by restricting personal independence payments (PIP)…

It was billed as a massive moment in British economic policymaking – a juncture where the Labour government would turn its economic philosophy into a fiscal reality, running its finger down every line of public spending and overhauling the machinery of government for years to come. So, did the spending review live up to its…

​​​​​​​The San Jose was lost for centuries, its £16bn treasure trove of gold and emeralds swallowed up by the Caribbean Sea. Not any more. Researchers say they have identified the “world’s richest shipwreck”, a discovery likely to fuel an international row over which country owns the 300-year-old galleon. The San Jose was sailing in 1708…

The new owner of Leyton Orient Football Club is among the new investors ploughing millions of pounds into a European strand of American football in a deal to be announced as soon as this week. Sky News has learnt that Goal Line Sports – which is controlled by David Gandler, who recently bought League One…

In the absence of detail, all we can do is read between the lines of what may or may not have been agreed in the London talks between the US and China. And a degree of scepticism feels appropriate. The fact neither side is saying much says a lot in itself. A major new breakthrough…