Twitter IPO: Firm In Stock Market Launch Bid

A Bite-Sized History Of Twitter Updated: 4:46am UK, Friday 13 September 2013 Twitter came to life on March 21, 2006 when co-founder Jack Dorsey's account (@jack) automatically sent out the first tweet, which read: "just setting up my twttr." Dorsey...

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Santander Bank Hacking Plot Foiled By Police

Twelve men have been arrested over an attempt to take control of a Santander bank's computer and steal millions of pounds. The men allegedly fitted a computer within the branch in Surrey Quays shopping centre, southeast London, with a "keyboard video...

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House Price Growth 'Should Be Capped At 5%'

A 5% cap should be placed on annual house price growth to prevent another property "bubble", surveyors have suggested. The Royal Institution of Chartered Surveyors (RICS) called on the Bank of England to limit yearly house price inflation to 5% in order...

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CBI Survey Shows Firms Want UK To Stay In EU

Almost eight out of 10 British firms want the UK to stay in the European Union, according to a survey released by the Confederation of British Industry. Just 10% believe it would be in their favour to leave the organisation and 71% said membership had...

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Sunday Mirror Phone-Hacking Probe Launched

The publisher of the Sunday Mirror is being investigated over alleged phone-hacking by former employees at the newspaper. Trinity Mirror said Scotland Yard had informed its national newspaper publishing subsidiary, MGN Limited, that a probe is under...

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Royal Mail Sale To Begin Within Weeks

By Mark Kleinman, City Editor The Government has launched a £3bn stock market listing of Royal Mail in a move heralding the most ambitious privatisation for decades. In a statement confirming Royal Mail's intention to float, ministers said the...

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HS2 Rail Link 'Will Boost Economy By £15bn'

The HS2 high-speed rail project will boost the UK economy by £15bn and will be completed within its £42.6bn budget, the Government is to claim. New research shows the proposed link between London and cities in the Midlands and northern England will...

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Cable Warns About 'Complacency' Over Economy

Vince Cable is to warn about "complacency" over Britain's economic recovery, insisting ministers cannot "rest on our laurels". The Business Secretary will say later that a "few quarters of good economic data" does not mean the country is out of the...

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Economy: UK Jobless Rate Falls To 7.7%

The UK's unemployment rate has dipped to 7.7% for the first time since late 2012 amid improving signs for the labour market. The Office for National Statistics (ONS) said the rate fell in the three months to July from 7.8% previously as the number of...

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Royal Mail Sale: Thursday Delivery Target

Some of the City's most prominent fund managers are lining up to back the £3bn privatisation of Royal Mail as ministers target Thursday morning to press the button on the historic sell-off. Sky News understands that Lansdowne Partners and Standard Life...

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Leisure Firms Fill Empty Retail Sapce

Cafes, restaurants and betting shops have sprung up to fill some of the retail space left vacant by the effects of recession and the consumer spending squeeze. The report by the Local Data Company (LDC) reveals an improving picture for high streets...

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Jaguar Land Rover To Create 1,700 New Jobs

China's Love Affair With JLR Updated: 8:09am UK, Tuesday 10 September 2013 By Mark Stone, China Correspondent in Beijing It's not possible to drive for more than about two minutes in central Beijing without seeing a Land Rover of some sort. They...

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Osborne: 'UK Economy Is Turning A Corner'

George Osborne will say the UK economy is "turning a corner" and that his austerity programme "is working" in a speech later today. The Chancellor will argue that a run of strong figures suggests the Government has won the economic argument over his...

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Suntory Buys Ribena And Lucozade For £1.34bn

Japanese drinks giant Suntory has confirmed it will buy the top-selling Lucozade and Ribena brands from British drugs firm GlaxoSmithKline for £1.34bn. The deal, part of Suntory's bid to expand overseas to counter a shrinking domestic market, is expected...

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TSB Makes Return To The High Street

By Poppy Trowbridge, Business and Economics Correspondent The Trustee Savings Banks, or TSB, reopens on the high street as a stand-alone banking brand today for the first time since its 1995 merger with Lloyds Bank. The Lloyds Banking Group must...

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Royal Mail To Pledge City Dividend Bonanza

By Mark Kleinman, City Editor Royal Mail will pledge to pay hundreds of millions of pounds in dividends to City shareholders in an attempt to win private sector support for its £3bn privatisation, Sky News has learnt. The company will make the...

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Osborne Ready To Press Button On Lloyds Sale

By Mark Kleinman, City Editor George Osborne, the Chancellor, is considering selling part of the Government's stake in Lloyds Banking Group as soon as next week amid rising expectations in the City of a multi-billion pound share placing. People...

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Unemployment Figure Could Be Double, TUC Says

Unemployment could be almost double the headline figure of 2.5 million when groups such as the economically inactive are added, the Trade Union Congress has claimed. As well as the 2.5 million official jobless figure, a further 2.26 million people want...

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