The Sky News Business Round-Up And Look Ahead

Sky's Naomi Kerbel offers a look ahead to what's coming up in the week's business news. :: Monday 6th May UK bank holiday :: Tuesday 7th May HSBC Q1 results :: Wednesday 8th May J Sainsbury Q1 results :: Thursday 9th May UK interest rate...

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US Creates 165,000 New Jobs In April

The United States created 165,000 new non-farm jobs in April, with the figure beating expectations. Hiring was much stronger in the previous two months than first thought, and the gains trimmed the unemployment rate to a four-year low of 7.5%, the official...

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Smartphones: Debit Cards Of The Future?

By Liz Lane, Sky News Reporter Smartphones could soon become an even greater part of our lives as networks join forces to let us pay for high street goods with our mobiles. The battle to dominate the market for "virtual wallets" is heating up,...

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Investors Eye £1.5bn Yorkshire Water Stake Sale

By Mark Kleinman, City Editor The investors which own the parent company of Yorkshire Water are poised to put a £1.5bn stake in the company up for sale. I have learnt that shareholders led by Infracapital, the infrastructure arm of the British...

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Roadworks Taskforce To Tackle Repair Woes

By Enda Brady, Sky Correspondent Hundreds of millions of pounds of taxpayers' money has been wasted over the last two years as a result of poor repairs to roads dug up by contractors, according to the Local Government Association. The latest research...

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RBS Returns To Profit In Latest Quarter

Opinion: Investment Banking's Worth It Updated: 9:18am UK, Friday 03 May 2013 By David Buik, Panmure Gordon & Co The moment that Barclays' Rich Ricci's "Champagne Fever" charged up the Cheltenham hill on March 12 to take the opener at the...

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Interest-Only Borrowers Face 'Wake-Up Call'

Homeowners with interest-only mortgages due to be paid before 2020 need to "act now" to ensure they have enough money to pay their loans back, a report says. The Financial Conduct Authority (FCA) fears that consumers are under-estimating the scale...

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Petrol: New Round Of Price Cuts At Pumps

Further cuts to petrol and diesel prices have been launched amid fierce competition among supermarkets. Morrisons sparked a likely supermarket round of cuts today by announcing a reduction in its fuel prices for drivers from 3pm on Thursday. It would...

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Shell Boss To Retire For 'Lifestyle Change'

The chief executive of Shell Peter Voser has stunned investors with a surprise announcement that he is to retire next year. Peter Voser, who is 54, said his decision was driven by a desire for a change of lifestyle. Voser has run Europe's top oil company...

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Charity Warns Recession Is Scammer Boom Time

Con artists in the UK are thriving during the recession by coming up with new ways to profit from the financial misery of others, Citizens Advice has warned. The charity said 22,000 scams were reported to it in England and Wales in the last 12 months....

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Apple Bond Sale To Reward Shareholders

Apple has sold $17bn (£10.9bn) in the largest non-bank bond deal in history as it moves to placate frustrated shareholders. The move, to raise money to pass along to investors through dividend payments and stock buy-backs, is part of an effort to reverse...

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Energy Firms 'Failed To Meet Consumer Targets'

The energy regulator is investigating six suppliers, saying they have failed to meet their targets on providing consumers with efficiency measures. Ofgem said that while the sector had achieved 99% of energy efficiency targets set by the Government,...

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Moody's Raises Fears Over Italy Bailout Needs

A senior official with rating agency Moody's has said it is not yet possible to exclude Italy from being forced to ask for a future eurozone bailout. Moody's said it will monitor the ability of the newly formed Italian government to overhaul the economy,...

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Greece Votes In New Law To Axe 15,000 Jobs

The Greek parliament has voted in a new law that will allow dismissal of 15,000 civil servants as part of austerity measures imposed by the country's international creditors. After heated debate during an emergency session, 168 deputies voted for the...

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Greggs Shares Go Cold Over Profit Warning

High street baker Greggs has seen its share price slide more than 7% after it issued a profit warning over poor winter trading. Britain's biggest seller of food-on-the-go said it expected full-year profit to be down this year, partly blaming the adverse...

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