BA Owner IAG Announces Profits Of £182m

International Airlines Group, the owner of British Airways and Iberia, has announced a half year operating profit of £182m (€230m). The company says the results are £208m (€230m) better than 2013, when it made a £26m loss. IAG's chief executive, Willie...

16.02 | 0 komentar | Read More

Lloyds' Libor Fine To Help Armed Forces

Millions of pounds of fines imposed on Lloyds Banking Group for manipulating lending rates will go to military good causes. The Prime Minister, along with the Chancellor George Osborne, made the announcement on a visit to a Royal Marines base in Poole,...

16.02 | 0 komentar | Read More

High Street Revival 'Has Shown Little Impact'

By Frazer Maude, Sky News Correspondent The self-titled "Queen of Shops" has come under fire after her Government-backed bid to revive the High Street has shown little impact. Wolverhampton was one of 12 town centres chosen to pilot retail guru...

16.02 | 0 komentar | Read More

US Shares Tumble Amid Weak Corporate Results

US stocks have tumbled about 2%, in a major sell-off following lacklustre US corporate earnings. The approaching end of the Federal Reserve's economic stimulus, weak eurozone data and the Argentine debt default were also blamed for the slump. ...

16.01 | 0 komentar | Read More

BA Owner IAG Announces Profits Of £182m

International Airlines Group, the owner of British Airways and Iberia, has announced half year operating profit of £182m (€230m). The company says the results are £208m (€230m) better than 2013 when it made a £26m loss. IAG's chief executive, Willie...

16.01 | 0 komentar | Read More

RBS Warns Over Impact Of Scottish Independence

RBS has said Scottish independece could have a "material adverse impact" and "significantly impact its credit ratings". Sources say it is but a re-statement of the position set out in the bank's full-year results and annual report. The referendum on...

16.01 | 0 komentar | Read More

'Vultures Force' Argentina To Second Default

The failure of negotiations between Argentina and two hedge funds has seen the country default on its debts for the second time in 13 years. The funds - NML Capital and Aurelius Capital Management - had refused to accept a reduction in what they were...

16.02 | 0 komentar | Read More

British Gas Half-Year Profit Squeezed By 26%

The parent company of British Gas has reported a large fall in half-year operating profit, which has been blamed on mild weather and the furore over energy bills. Centrica said British Gas Residential saw its earnings fall 26% to £265m in the six months...

16.02 | 0 komentar | Read More

Lloyds Banking Group Takes New £600m PPI Hit

Lloyds Banking Group has revealed it has set aside another £600m provision for mis-selling of payment protection insurance (PPI). The announcement comes as it released its half-year results, which showed an underlying profit rise of 32% to £3.8bn. ...

16.02 | 0 komentar | Read More

Ofgem Plan 'Will Cut Energy Bills By £12 A Year'

Energy regulator Ofgem has announced plans to control electricity pricing for the next eight years from April 2015. The watchdog says the move will lead to a £12-a-year reduction in household bills. The proposals, which will be consulted upon for eight...

16.01 | 0 komentar | Read More

Watchdog To Confirm Bank Bonus Clawback Plan

By Mark Kleinman, City Editor The UK banking watchdog will confirm on Wednesday that it is introducing the world's toughest rules for clawing back bankers' pay, even as it offers a fig-leaf to the industry by dropping some of its most punitive proposals...

16.01 | 0 komentar | Read More

Barclays Ups PPI Mis-Sell Provision By £900m

Barclays bank has announced it is making a further £900m provision for mis-selling of payment protection insurance (PPI) to consumers. The announcement comes as the lender released its latest half-year results, which showed a 7% drop in adjusted pre-tax...

16.01 | 0 komentar | Read More

Next Annual Profits Set To Outdo M&S Again

Next has raised its forecast for annual sales and profits as Britain's second largest clothing retailer reported a 10.7% increase in half-year sales. The Group upped its profit guidance by £25m and now expects to make between £750m and £790m for the...

16.02 | 0 komentar | Read More

Centrica To Pay New Boss Less Than Laidlaw

By Mark Kleinman, City Editor Britain's biggest energy supplier has struck a deal to pay its new chief executive less than his predecessor as it seeks to avoid igniting a new political row about the sector. Sky News has learnt that Centrica, the...

16.02 | 0 komentar | Read More

BP Warns Of Impact Of Sanctions On Russia

Oil giant BP has voiced fears that any further international sanctions imposed on Russia could have an "adverse impact" on the company. It said the plan to tighten economic restrictions by the west, over the ongoing Ukraine crisis, may harm its relationship...

16.02 | 0 komentar | Read More

Delays Expected Over Passport Staff Strike

Would-be travellers waiting for new passports are at risk of further delays as Passport Office staff go on strike today. Members of the Public and Commercial Services Union (PCS) are walking out over staff shortages and pay issues, dating as far back...

16.01 | 0 komentar | Read More

National Parks To Be Protected From Fracking

Fracking will be allowed in national parks and areas of outstanding beauty only in "exceptional circumstances", ministers say, as new bidding for shale exploration licences opens. The policy is part of new guidance published by Government which is aiming...

16.01 | 0 komentar | Read More

Airline Insurance Soars Amid Spate Of Crashes

The global airline industry faces the prospect of huge insurance premium increases, amid a spate of crashes. The warning comes as the sector is forecast to see annual losses hit more than £1.2bn - the most expensive year since the 9/11 attacks in 2001....

16.01 | 0 komentar | Read More

UK Economy Emerges From Six-Year Downturn

Official figures show the UK economy has emerged from six years of lost growth to return to its pre-crisis peak. The Office for National Statistics (ONS) said Britain's economy was now bigger than it was before the financial crisis as gross domestic...

16.01 | 0 komentar | Read More

Housing Shortage Sees More Tenants Evicted

By Mark White, Home Affairs Correspondent Increasing numbers of private tenants are being evicted or exploited by landlords cashing in on the increase in house prices and the shortage of rented accommodation, according to latest figures. Citizens...

16.01 | 0 komentar | Read More

Gatwick Passengers Suffer Baggage Delays

Hundreds of people arriving into Gatwick Airport's south terminal have faced long delays in picking up their luggage, with many being told to go home without it. An airport spokesman said the overnight disruption was caused by "resourcing issues" involving...

16.01 | 0 komentar | Read More