Ed Miliband Proposes New Energy Price Controls

Ed Miliband has proposed new controls on energy prices to give small businesses "equal protection" with households from "unacceptable" treatment by energy companies. The Labour leader said annual energy bills for small businesses had risen by an average...

16.02 | 0 komentar | Read More

FCA Probes Millions Of 'Bad Deal' Investments

The City watchdog is to scrutinise millions of finance products sold to consumers over three decades, because of fears they are shackled by unfair terms and conditions. It is estimated around 30 million policies, including pensions, endowments, life...

16.02 | 0 komentar | Read More

Business Round-Up And Week Ahead

Sky's Naomi Kerbel offers a round-up of what's coming up in the week's business news. : Monday March 31 From Monday, energy suppliers are required to publish the price at which they will buy and sell on wholesale markets up to two years in advance...

16.01 | 0 komentar | Read More

Candy Crush Firm Slumps In Market Debut

The British creator of the popular mobile game Candy Crush Saga has been given the cold shoulder as it made its public trading debut on Wall Street. The stock price for King Digital Entertainment plc dropped 15.6% on its first day of trading, ending...

16.02 | 0 komentar | Read More

'Big Six' Energy Firms May Be Broken Up

The energy watchdog has ordered a competition inquiry into the household supply market that could lead to the so-called 'big six' firms being broken up. Ofgem charted a quadrupling in profits between 2009 and 2012 and said it was acting to "remove...

16.02 | 0 komentar | Read More

Ukraine Crisis: IMF Agrees $18bn Bailout Fund

The International Monetary Fund has agreed rescue funds of up to $18bn (£10.8bn) for Ukraine in return for strict economic reforms. Under the conditions of the proposed deal, Ukraine's interim government has announced a 50% increase in the price of...

16.02 | 0 komentar | Read More

Facebook In $2bn Oculus Virtual Reality Deal

Facebook has announced it is to splash out $2bn to buy Oculus, a virtual reality company. The deal includes $400m in cash and some 20 million shares worth about $1.6bn. A statement released by Facebook chief Mark Zuckerberg said Oculus' technology...

16.01 | 0 komentar | Read More

Lloyds Bank Shares Worth £4.2bn Sold

Taxpayers have been left with a 25% stake in Lloyds Banking Group as the Government announced plans to sell £4.2bn in shares. The taxpayer owned 33% of Lloyds but the Treasury has continued with plans to fully return the lender to the private sector....

16.01 | 0 komentar | Read More

Energy Firm SSE To Freeze Household Bills

'Big Six' energy firm SSE is to freeeze household bills until January 2016, it has been confirmed. The announcement comes amid the ongoing controversy over energy bill price hikes for consumers and businesses. SSE chief executive Alistair Phillips-Davies...

16.01 | 0 komentar | Read More

Fortnum Boss Warns of Scots Vote 'Disaster'

By Mark Kleinman, City Editor, in Dubai The chief executive of Fortnum & Mason, the upmarket London-based grocer has warned that a 'yes' vote in the Scottish independence referendum would be a "disaster" for the country. Speaking exclusively...

16.01 | 0 komentar | Read More

Leahy Firm Leads Race For £1bn Dubai Group

By Mark Kleinman, City Editor, in Dubai The private equity firm which employs Sir Terry Leahy, the former boss of Tesco, is leading the race to buy a German industrial group which has key operations in northern England. Sky News understands that...

16.01 | 0 komentar | Read More

Auction House Bonhams Eyes Sale Of Its Own

By Mark Kleinman, City Editor, in Dubai It has secured a record bid for a painting in Russia and struck the most valuable purchase of an Old Master at auction. Now Bonhams, the British auctioneer, is considering a deal of a different kind. Sky...

16.01 | 0 komentar | Read More