Next Shares Surge After Xmas Sales Growth

Next has reported it enjoyed strong sales growth in the run-up to Christmas and has now raised its annual profits guidance. The retailer confirmed it was to pay a fourth special dividend of the year while announcing a 2.9% increase in full price sales...

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House Prices Rise At Slowest Pace For A Year

UK house price growth eased to its weakest annual pace for 13 months in December, according to Nationwide. The building society's monthly index showed that property prices lifted by 7.2% annually this month to reach £188,559 on average, slowing...

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Thatcher Was Warned 'Big Bang' Would Go Bad

Margaret Thatcher was warned about the dangers of deregulating the banks prior to the Big Bang of 1986, according to files released by the National Archives. Sir Robert Armstrong, the Cabinet secretary, expressed fears of "unscrupulous" money-making...

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Will Greece's Crisis Mean Tragedy For The Euro?

If, as now looks quite possible, far-left party Syriza wins next month's snap elections, plunging Greece back into chaos, there will be more than a smidgeon of irony about the whole affair. For one thing, the elections mark almost exactly five years...

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Online Shoppers To Break Xmas Day Records

Christmas Day online shoppers are predicted to set a new spending record splashing out an estimated £636m today. Shoppers are expected to make 142 million visits to retail sites today - a 25% increase on last year. Research by Experian and online...

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2,700 Jobs At Risk As City Link Collapses

By Mark Kleinman, City Editor More than 2,700 jobs are at risk over the festive period after one of the UK's biggest parcel delivery services companies collapsed into administration. Sky News has learnt that City Link, which has been a perennial...

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Bank Of England To Monitor Social Networks

By Ed Conway, Economics Editor What you search for on Google and post on Facebook could soon influence what happens to interest rates. The Bank of England has set up a special taskforce to monitor the internet and social networks for early signs...

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Online Shoppers To Break Xmas Day Records

Christmas Day online shoppers are predicted to set a new spending record splashing out an estimated £636m today. Shoppers are expected to make 142 million visits to retail sites today - a 25% increase on last year. Research by Experian and online...

16.02 | 0 komentar | Read More

City High-Flyer In Sudden Exit From Signia

By Mark Kleinman, City Editor A top City wealth management firm backed by the billionaire founder of Phones 4U has seen its chief executive quit suddenly in the wake of a string of executive departures. Sky News understands that Nathalie Dauriac-Stoebe,...

16.02 | 0 komentar | Read More

2,700 Jobs At Risk As City Link Collapses

By Mark Kleinman, City Editor More than 2,700 jobs are at risk over the festive period after one of the UK's biggest parcel delivery services companies collapsed into administration. Sky News has learnt that City Link, which has been a perennial...

16.02 | 0 komentar | Read More

City High-Flyer In Sudden Exit From Signia

By Mark Kleinman, City Editor A top City wealth management firm backed by the billionaire founder of Phones 4U has seen its chief executive quit suddenly in the wake of a string of executive departures. Sky News understands that Nathalie Dauriac-Stoebe,...

16.01 | 0 komentar | Read More

RBS Investigates Over 50 Staff In Forex Probe

Royal Bank of Scotland (RBS) says it is investigating the conduct of more than 50 past and present staff and suspended bonuses for 18 people as part of its forex scandal inquiry. In an update today on the accountability review, initiated after...

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Online Shoppers To Break Xmas Day Records

Christmas Day online shoppers are predicted to set a new spending record splashing out an estimated £636m today. Shoppers are expected to make 142 million visits to retail sites today - a 25% increase on last year. Research by Experian and online...

16.01 | 0 komentar | Read More

ITE Exhibits Move From Sanctions-Hit Russia

By Mark Kleinman, City Editor A London-listed exhibitions firm will this week announce a £20m takeover that will reduce its reliance on Russia amid the country's currency crisis and the ongoing impact of international sanctions. Sky News has learnt...

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OPEC's Dominance Of Energy Market 'Is Over'

By Ed Conway, Economics Editor The era of OPEC domination over the global energy market is over, the former head of the oil cartel has told Sky News. Abdullah bin Hamad al-Attiyah, the former energy minister of Qatar, said that the group of 12 oil...

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City Bonuses 'To Rise 21%' Despite Cap Rules

Bonuses for senior City workers are tipped to rise by 21% in 2015, despite the latest regulatory crackdown in the wake of the financial crisis. The report by recruitment firm Astbury Marsden found that top staff could expect average awards...

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Push To Get More Women Into The Cockpit

By Charlotte Lomas, Sky News Reporter More than four decades after the first British female pilot took to the skies in a commercial airliner, there are still few women choosing flying as a career. But why are there so few female pilots? Of the 3,500...

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UK Election Delays Top Energy Appointment

By Mark Kleinman, City Editor The energy industry's leading trade association is to wait until after the General Election before appointing a new chief executive amid intense political scrutiny of the sector. Sky News understands that Energy UK,...

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North Korea: We Can Prove Hacking Wasn't Us

North Korea: We Can Prove Hacking Wasn't Us We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Play video "Doubts Raised Over Hacking Claims" Video: Doubts Raised Over Hacking Claims...

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US 'Patience' On Rates Boosts World Markets

World stock markets have rallied after the US Federal Reserve signalled interest rates would not be rising anytime soon despite an improving economy. US stocks enjoyed their strongest session of the year following three days of declines when the Fed...

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Mobile Networks Agree Deal To Boost UK Coverage

A £5bn project to guarantee mobile phone voice and text coverage to 90% of the UK geographical area by 2017 will go ahead. The deal means the four mobile networks - EE, O2, Three and Vodafone - have all agreed to tackle poor coverage in so-called...

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Avon Settles China Bribery Case For $135m

Avon Products, the world's best-known direct seller of cosmetics, is to pay $135m (£87m) to settle US charges of bribery in China. Avon China admitted hiding $8m (£5.1m) in gifts, including  Louis Vuitton merchandise and Gucci bags,...

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Festive Cheer On Forecourt As Petrol Prices Fall

Petrol prices could soon fall below £1 per litre - the lowest level since the end of May 2009. The RAC said the recent fall in the price of  oil - now below the $60-a-barrel - would keep dropping. "What's currently happening at the pumps with...

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Taxpayer 'Risk' From £10.5bn New Train Deal

A report by MPs has accused the Department for Transport (DfT) of leaving taxpayers with all the risk from two contracts for new trains worth a combined £10.5bn. The Public Accounts Committee said that by buying the new trains for the Intercity...

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Apple Halts Web Sales Amid Rouble Crisis

Apple has halted online sales in Russia as consumers scramble to snap up goods as price rises begin to intensify following steep falls in the value of the rouble. The volatility of recent days culminated in the currency's biggest one-day drop against...

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BT Set To Buy EE Mobile Phone Network

BT has announced that it wants to buy phone firm EE as it makes a play to re-enter the mobile market. The company has been in negotiations with EE and rival O2, but BT announced a decision on Monday to go with EE. The deal is worth £12.5bn. ...

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Co-operative Bank Fails Annual Stress Tests

By Mark Kleinman, City Editor Britain's eight biggest lenders would accumulate losses of £13bn during an 'Armageddon'-style recession in which the Co-operative Bank would see its capital reserves exhausted and the two state-backed banks severely tested....

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Russia Ramps Up Rate To 17% To Boost Rouble

Russia's central bank has made an aggressive move to combat the plunge in the country's currency by raising its core interest rate to 17%. The surprise action, announced overnight, was a response to the rouble's value sinking by almost 50% over...

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David Cameron To Launch Home Discount Scheme

A scheme offering 100,000 first-time buyers new homes with a discount of 20% as part of a drive to help people onto the property ladder will be launched by David Cameron later. Those under 40 who have never owned their own home can register their...

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Tax Helplines Cut Off Almost A Third Of Calls

Tax bosses have promised the service offered by public helplines will be improved, after it was revealed that almost a third of calls are getting cut off. Research by consumer group Which? found that, in a sample of 100 calls, only 71 were not cut...

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