Stansted Airport Is Sold For £1.5bn

The company formerly known as BAA is to sell Stansted airport to the Manchester Airports Group for £1.5bn. The deal will mean that BAA - now known as Heathrow Airport Holdings - will be responsible for just four UK airports compared with its original...

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Boeing Dreamliner Deliveries Halted

Boeing 787 Dreamliner Timeline Updated: 1:50am UK, Saturday 19 January 2013 The turbulent history of the Boeing 787 Dreamliner: Jan 19, 2013: Boeing says it is stopping deliveries of the Dreamliner to airlines. Jan 18, 2013: US Federal Aviation Administration...

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Horse Abattoir Film Reveals Welfare Breaches

By Jason Farrell, Sky Correspondent Sky News has uncovered shocking animal welfare conditions at a UK horse abattoir. They include animals being beaten, neglected and illegal procedures in the process of slaughtering British horses destined for...

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Exclusive: Barclays Boss Sets Out Values Plan

By Mark Kleinman, City Editor Barclays employees who do not wish to adhere to a strict new ethical code of conduct should quit the bank and find jobs elsewhere, its chief executive warned today as he began attempting to rebuild its tarnished reputation....

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Rio Tinto Sacks Boss Amid £9bn Write-Off

The boss of one of the world's biggest miners has been sacked as the company takes a $14bn (£8.75bn) writedown relating to his acquisitions. London-listed Rio Tinto's share price dived by 4.5% when the FTSE 100 opened for business on news of the writedown....

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Comet Effect: Sales Up At Currys And PC World

Dixons reports strong sales across the UK and Ireland over the Christmas period, as "phenomenal" sales of tablets help boost its results. The owner of Currys and PC World said like-for-like sales were up 8% over the 12 weeks to January 5, and were 11%...

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Boeing Dreamliners Grounded By Japan Airlines

Boeing 787 Dreamliner Timeline Updated: 4:05am UK, Wednesday 16 January 2013 The turbulent history of the Boeing 787 Dreamliner: Jan 16, 2013: Japan Air Lines Co Ltd (JAL) follows suit and suspends Dreamliner flights from Japan over safety concerns...

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Car Crisis: Demand Crashes Across Europe

European car registrations fell by over 8% in 2012 according to official figures, as the crisis for carmakers in the region shows no sign of slowing. Over the last year, demand for new vehicles reached its lowest level recorded since 1995, with sales...

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HMV Collapse: Interest In Buying Retailer

The administrator for collapsed HMV has already had 'very positive' expressions of interest in the iconic entertainment retailer. Deloitte, formally appointed on Tuesday evening, told Sky News a few parties had made contact in the wake of the chain's...

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Last-Minute Christmas Shopping Boosts Burberry

Burberry reports a rise in revenue of almost 10% as its wealthiest customers continue to spend despite the economic downturn. The luxury brand said revenue was £613m in the three months to December 31 - up 9% on an underlying basis. Comparable sales...

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BBA Targets Body To Strike Off Rogue Bankers

By Mark Kleinman, City Editor A tough new code of conduct for bank employees and an independent body that would have powers to ban rogue bankers are among a series of tough measures proposed to restore public trust in the beleaguered industry. ...

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HMV Collapse: Gift Cards And Vouchers Invalid

HMV has confirmed it will not be accepting gift cards or vouchers from customers as the retailer prepared to collapse into administration. The company confirmed its intentions following a board meeting last night, as exclusively revealed by Sky's City...

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Jessops: Camera Chain Closing All Stores

Camera retailer Jessops is clearing stock from its stores after administrators announced it was unable to continue trading. PricewaterhouseCoopers (PwC), which was appointed to the group on Wednesday, has begun the process of shutting the firm's entire...

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David Cameron Faces Party Battle Over Europe

David Cameron is facing a challenge to hold his party together as battle lines are drawn over Europe. With just over a week until the Prime Minister's key speech on Britain's relationship with the EU, Tory Europhiles have launched a fight-back against...

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Insurers To Claw Back Cost Of UK Floods

By Isabel Webster, West Of England Correspondent The clean-up from the 2012 floods is expected to cost insurers over £1bn and push premiums up for a fourth consecutive year. Eight thousand properties were flooded last year, according to the Environment...

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