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Sky News :: Australian Finance

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Business News - Markets reports and financial news from Sky

Sky business news provides up to the minute reports on markets, share prices and the world economy, alongside expert business commentary.

Virgin Wines toasts sale after revenues rise during pandemic

One of Britain's biggest direct wine-sellers is being put up for sale after seeing a surge in sales to locked-down British consumers.

Posted on 30 October 2020 | 3:49 pm

TfL and ministers eye six-month funding deal as deadline looms

The government and London's transport bosses are locked in talks about a six-month funding deal hours before the capital's bus and Tube networks face the renewed threat of financial collapse.

Posted on 30 October 2020 | 11:47 am

Fund managers fear Brexit impact as reform vote looms

Britain's vast fund management sector is holding its breath for the outcome of a key vote on Friday amid fears that thousands of industry jobs could be forcibly relocated to the EU after the end of the Brexit transition period.

Posted on 30 October 2020 | 11:36 am

Property prices growing at fastest rate since 2015 - but end of COVID support may stop trend

Property prices are growing at their fastest rate since 2015, with the average price of a house reaching £227,826 in October.

Posted on 30 October 2020 | 11:19 am

Don't show me the money: Australian banks complain of too much cash as 'people don't want it'

Banks in Australia have complained they have too much money because no one wants it and the "problem" is set to get worse.

Posted on 30 October 2020 | 9:52 am

'Bling without the sting': Eco-friendly diamonds made using carbon sucked from the air

Diamonds could now be the environment's best friend after eco-friendly versions of the stones were made using carbon sucked from the air.

Posted on 30 October 2020 | 8:52 am

NatWest's third quarter pre-tax profit beats forecasts

NatWest has reported a forecast-beating pre-tax profit of £355m in the third financial quarter.

Posted on 30 October 2020 | 7:03 am

Air travel demand 'unlikely to fully recover before 2023', BA owner admits

British Airways owner IAG says demand for air travel is unlikely to fully recover before 2023.

Posted on 30 October 2020 | 6:50 am

Revealed: The impact Eat Out to Help Out had on coronavirus infections

The Eat Out to Help Out scheme caused a "significant" rise in new coronavirus infections, a new study has suggested.

Posted on 29 October 2020 | 8:51 pm

Pizza Express to cut around 1,300 jobs in UK

Pizza Express has said it is cutting around 1,300 jobs across the UK - on top of 1,100 already announced in the summer.

Posted on 29 October 2020 | 4:08 pm

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