Economy: Third Quarter Growth Slows To 0.7%

UK economic growth slowed in the third quarter of the year, according to the first official estimate of GDP for the period. The Office for National Statistics (ONS) measured Gross Domestic Product growth of 0.7% in the period, down from output growth...

16.02 | 0 komentar | Read More

Asda Pledges To Fight Staff Equal Pay Action

Asda has said it will "robustly defend" its record on equal pay amid revelations it is facing a legal action potentially involving thousands of workers. The law firm Leigh Day said it was currently representing hundreds of former and current employees...

16.02 | 0 komentar | Read More

Key Investor Empties Trolley Of Tesco Shares

By Mark Kleinman, City Editor One of Tesco's most prominent institutional shareholders has ditched its remaining stake in the company and cast doubt on the retailer's recovery prospects under its new chief executive. Sky News has learnt that David...

16.02 | 0 komentar | Read More

Profit Fall Points To Scale Of Tesco Chief’s Task

There's no getting away from it: today's numbers from Tesco are horrible, whichever way you look at them. First, the positive spin. A 4.6% fall in UK like-for-like sales was - astonishingly - better than many analysts had forecast, while a £937m...

16.02 | 0 komentar | Read More

Lloyds To Cut 9,000 Jobs In Three-Year Plan

By Mark Kleinman, City Editor Lloyds Banking Group is to cut approximately 9,000 jobs - equating to just over 10% of its workforce - as part of moves to automate consumer-facing services at the UK's biggest high street lender. Sky News has learnt...

16.02 | 0 komentar | Read More

Tesco Profits Plunge 92% In Accounting Chaos

Tesco chairman Sir Richard Broadbent is to quit as an inquiry into its accounting practices reveals a £263m profit overstatement, resulting in a 92% fall in first-half profits. The supermarket chain said an internal investigation by Deloitte into...

16.02 | 0 komentar | Read More

Foreign Criminals Costing Taxpayers £850m

By Tom Parmenter, Sky News Correspondent Foreign criminals are costing taxpayers £850m a year, with thousands of offenders setting up home in the UK instead of being deported. Of the 4,200 foreign convicts living in the community, one in six - 760...

16.01 | 0 komentar | Read More

Homebase: A Quarter Of Stores To Be Closed

The owner of the DIY chain Homebase is to close a quarter of its stores over the next three years, leaving thousands of jobs hanging in the balance. Home Retail Group (HRG), which made the announcement as it confirmed its half-year results, said it...

16.01 | 0 komentar | Read More

Breaking Bad Dolls Pulled By Toys R Us

Toys R Us has responded to calls from Florida mothers and has removed its four collectible Breaking Bad dolls from the shelves. The dolls are based on the series about Walter White, a high school chemistry teacher who turns into a crystal meth dealer,...

16.01 | 0 komentar | Read More

Apple Revenues Up 12% After iPhone Launch

Apple has posted a 12% jump in revenue - exceeding expectations following its best ever iPhone launch. Sales of the smartphone hit 39.27 million in the quarter ending in September, up 16% on last year. This surpassed the roughly 38 million some on...

16.02 | 0 komentar | Read More

Total CEO Dead As Plane Crashes Into Snow Plough

The boss of oil company Total has died after a plane crashed into a snow plough during take-off in Moscow. Christophe de Margerie, who became chief executive of the French firm in 2007, was one of four people - all French - who died in the accident...

16.02 | 0 komentar | Read More

China Growth Weakest Since Financial Crisis

The slump in China's property market contributed to a further slowdown in the country's economic output in the third quarter of the year. Official figures showed GDP growth at its weakest level since early 2009 during the period, rising by 7.3%...

16.02 | 0 komentar | Read More

PM: I'll Cut Benefits To Fund Apprenticeships

By Anushka Asthana, Political Correspondent Benefit cuts hitting 100,000 families will be used to fund a £1bn commitment to deliver three million apprenticeships over the next Parliament, David Cameron has revealed. The plans show that 70,000 households...

16.01 | 0 komentar | Read More

Comparison Sites Under Fire Over 'Kickbacks'

Price comparison websites have been accused of hiding the best energy deals from consumers. Instead, tariffs are promoted from providers who are paying the sites around £50 commission when a user switches, according to consumer group The Big Deal....

16.01 | 0 komentar | Read More

Didcot Power Station Fire 'Very Serious'

Firefighters are investigating the cause of a major blaze that took hold of Didcot Power Station last night. The fire began in one of the gas-fired cooling stations and  was described by Oxfordshire Fire And Rescue as "very serious". Twelve...

16.01 | 0 komentar | Read More

Bank 'Gloomier' As Economy Woes Hit Markets

The Bank of England's chief economist has spoken of his concerns for the UK's economic outlook as it writhes in both "agony and ecstasy" alongside weaker global growth. Andy Haldane told a business audience the Bank may need to keep interest...

16.01 | 0 komentar | Read More

Tesco Profit Shortfall 'Better Than Feared'

By Mark Kleinman, City Editor A shortfall in half-year profits at Tesco which plunged Britain's biggest retailer into crisis is next week expected to be disclosed to have been smaller than initially feared. Sky News understands that the supermarket...

16.01 | 0 komentar | Read More

UK Firms Consider Paying For Egg Freezing

By Rhiannon Mills, Sky News Correspondent British companies have said they would consider following Apple and Facebook's lead by paying for female staff to freeze their eggs. With the US tech giants now offering the fertility treatment as a benefit,...

16.01 | 0 komentar | Read More