Sky News has appointed The Sunday Telegraph's Mark Kleinman to the newly-created role of city editor.

Last week, the channel announced that business editor Michael Wilson will leave his post at the end of the month after nearly 20 years at Sky.

"I am delighted to be joining the team at Sky News, and am looking forward to contributing to the channel’s excellent business coverage," said Kleinman, who will also now write a weekly business column for The Times.

Sky said that a second business correspondent would join the channel later this year alongside business presenters Jeff Randall and Anna Jones, and business correspondent Joel Hills.

"Business news has been the biggest continuous story over the last 18 months or more," said Sky News head John Ryley. "The public's ever increasing appetite for business news means we need to improve our ability to deliver original journalism, world-class analysis and the biggest interviews."