Post Office Staff Due To Stage Strike Action

Post office workers are due to go on strike over plans to close 70 state-owned branches and a dispute over pay. The idea is to franchise the closing Crown branches - which are currently directly managed by Post Office Ltd - and put them within retailers...

16.01 | 0 komentar | Read More

Facebook To Remove Adverts From Adult Pages

Facebook will stop advertisements appearing on pages containing sexual or violent content after a number of companies suspended their campaigns. Marks and Spencer and BSkyB, the parent company of Sky News, were among those to pull their adverts from...

16.01 | 0 komentar | Read More

The Sky News Business Look Ahead

Sky's Naomi Kerbel offers a look ahead to what's coming up in the week's business news. :: Monday July 1 Bank of England - Mark Carney's five-year term begins Croatia - European Union accession :: Tuesday July 2 Ocado Group interim results OECD...

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Power Warning: Higher Risk Of Shortages

The energy regulator has warned of a greater risk of power shortages in three years' time - although it says blackouts are unlikely. Ofgem said electricity margins could tighten in 2015-16 to between around 2% to 5% and the generation industry must...

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Ed Balls Admits To Running A Red Light

Shadow Chancellor Ed Balls has admitted to being caught running a red light as he drove home through London after work. He was snapped by a traffic camera as he headed along the Embankment after a late night sitting in parliament. His spokesman said...

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House Price Growth 'Hits New Three-Year High'

House prices have recorded their fastest growth in almost three years in a further sign that the market is gathering pace, according to a new study. Nationwide said the annual increase of 1.9% registered in June pushed average UK prices to £168,941,...

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Payday Loans Firms Face Competition Inquiry

The Office of Fair Trading (OFT) has confirmed it is to refer the payday loans market to the Competition Commission to investigate "deep-rooted" problems. It announced its decision following a period of consultation, having already issued the market's...

16.02 | 0 komentar | Read More

Double-Dip: Recession Never Actually Happened

The Office for National Statistics (ONS) says updates to its past calculations on the performance of the UK economy mean Britain was never in a double-dip recession after all. Revised GDP data showed that output was actually flat in the first three...

16.02 | 0 komentar | Read More

Shale Gas Reserves 'Far Bigger Than Thought'

Britain's reserves of shale gas are much larger than previously thought, it has emerged as the Government is due to announce major investment in extracting the energy source. New geological data from the British Geological Survey shows much more shale...

16.02 | 0 komentar | Read More

Come And Get Our Cash, RBS Tells UK Companies

By Mark Kleinman, City Editor Royal Bank of Scotland (RBS) is poised to reignite the bitter political debate about business lending by telling thousands of its corporate customers: "come and get our money". Sky News has learnt that in recent weeks...

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Direct Line Cuts 2,000 Jobs In New Cost Drive

The insurance group Direct Line is wanting to cut approximately 2,000 jobs as part of new cost-cutting plans. The majority of the anticipated job losses, Direct Line said, would come from head office and support functions though it did not rule out...

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Spending Review: Osborne To Slash Budgets

By Jon Craig, Chief Political Correspondent George Osborne will today take the axe to public spending and claim the Government's tough policy of cuts is leading to economic recovery. The Chancellor will announce his spending review, setting out...

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Satellites To Boost Internet In 180 Countries

Billions of people who struggle with slow internet access are to get quicker connections when a dozen new satellites are shot into space. The first four satellites will be carried into orbit by the Russian Soyuz rocket, as part of a project to offer...

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Market Mayhem: China Woes Extend Losses

The flight from risk in world stock markets has continued in Asia during volatile trading amid concerns over credit tightening in China and the winding down of US stimulus. Asian stock markets suffered steep falls during much of Tuesday's session -...

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Top Italian Football Clubs Face Money Probe

Police with financial expertise have raided 41 Italian football clubs, including 18 of the 20 Serie A sides, as part of a tax and money laundering investigation. Documents were seized and premises searched in an apparently coordinated operation early...

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Chancellor Signs Off £11.5bn Spending Cuts

Chancellor George Osborne has reached agreement with Cabinet colleagues over the extent of cuts to their budgets for the year after the next general election. The Treasury said the new agreements among government departments would produce savings of...

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Boeing 787 Dreamliner In Emergency Landing

A Boeing 787 Dreamliner jet operated by United Airlines has been forced to make an emergency landing due to a problem with its brake system. United said in a statement that the unscheduled landing occurred on a domestic flight in the United States over...

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Vodafone Lines Up £9bn Kabel Deutschland Deal

Mobile phone giant Vodafone is poised to buy Germany's biggest cable operator in a deal worth £9.1bn, it has been confirmed. The addition of Kabel Deutschland's 8.5 million connected households would leave Vodafone with 32.4 million mobile, 5 million...

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Diesel Drivers 'Get Worse Deal' In Fuel War

The cost of filling up at the pumps has edged up over the last month, with diesel drivers getting a worse deal than those using petrol, according to new figures from the AA. The average price of petrol in the UK has risen from 133.35p a litre in mid-May...

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Football Streaming Website Faces Legal Action

Internet service providers in the UK could be forced to block a Swedish-based website which streams live football matches. The Premier League is in the process of requesting a court order that would make ISPs effectively ban their customers...

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Osborne: Economy 'Leaving Intensive Care'

Chancellor George Osborne will claim the British economy is "moving from rescue to recovery" as he unveils his fresh round of spending cuts for Whitehall. Mr Osborne will deliver his spending review on Wednesday, setting out £11.5bn of cuts in Government...

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