Purplebricks Eyes Latest UK Tech Flotation

By Mark Kleinman, City Editor One of the UK's fastest-growing online estate agents is drawing up plans for a stock market listing that would provide capital for an aggressive assault on established high street rivals. Sky News has learnt that Purplebricks,...

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US Jobless Rate Tumbles To 5.5% In February

The US jobless rate plunged last month as hiring accelerated, raising expectations of a possible interest rate rise by the Federal Reserve. The world's biggest economy created 295,000 net new jobs in February, despite some severe weather disruption...

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Big Firms Forced To Reveal Gender Pay Gap

Thousands of large companies will be forced to share details of the difference between what they pay their male and female workers. The Government has agreed to implement the Liberal Democrat measure despite years of Tory opposition to it. The move...

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Dozens Remain In Millionaires' Ranks At RBS

By Mark Kleinman, City Editor The state-backed Royal Bank of Scotland (RBS) will disclose on Friday that it paid dozens of employees at least £1m last year, just days after reporting a £3.5bn annual loss. Sky News understands that the lender will...

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Osborne 'Regrets' Lack Of Radical RBS Reform

The Chancellor has admitted he regrets not beginning a radical restructuring of Royal Bank of Scotland (RBS) following the last General Election. George Osborne also told the Financial Times he would look to "get rid of" the taxpayer's "massive"...

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Club Med Owner Takes 5% Thomas Cook Stake

The new Chinese owner of Club Med has taken a 5% stake in Thomas Cook to begin a "strategic partnership". The investment by Fosun, which bought French resort firm Club Med only weeks ago, is aimed at giving both Fosun and Thomas Cook access to...

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Eurostar Stake Sale Raises £757m For Treasury

The Government has confirmed its stake in Eurostar is to be sold to a consortium of British and Canadian pension and infrastructure funds, raising almost £760m. The Chancellor George Osborne said the sale, reported by Sky News on Tuesday night, represented...

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ScottishPower Sales Ban For Complaint Failure

ScottishPower has been handed a 12-day sales ban for failing to meet targets on handling customer complaints. The industry regulator said the company, a member of the so-called 'big six' energy suppliers, had agreed to temporarily stop proactive selling...

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Heathrow Row Over Exchange Of Currency Firms

By Mark Kleinman, City Editor Heathrow Airport has become embroiled in a bizarre commercial row over the withdrawal of one of the UK's biggest providers of foreign exchange services. Sky News understands that Moneycorp, which is backed by the private...

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Eurostar Stake Sale Raises £757m For Treasury

The Government has confirmed its stake in Eurostar is to be sold to a consortium of British and Canadian pension and infrastructure funds, raising almost £760m. The Chancellor George Osborne said the sale, reported by Sky News on Tuesday night, represented...

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Women Face Poorer Retirement, Research Shows

By Poppy Trowbridge, Consumer Affairs Correspondent A new report has revealed the scope of the gender disparity in pension savings and income. Funding retirement remains a significant challenge for many women. According to the annual State of Retirement...

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Amazon 'Free Trial' Advert Banned By Watchdog

A regulator has banned a direct mailing advert offering a "free trial" of Amazon's Prime delivery service, ruling it misled consumers on subscription fees. The decision by the Advertising Standards Authority (ASA) followed complaints a card stating...

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Barclays Grows Profits But Shrinks Bonus Pool

Barclays has announced a 12% rise in annual profits to £5.5bn and confirmed a cut to bonuses as it continues to count the cost of past conduct. The profit figure, which beat City forecasts, was achieved as the bank continued to cut operating costs...

16.02 | 0 komentar | Read More

Two-Thirds Of 'Cheshunt Nine' Leave Tesco

By Makr Kleinman, City Editor Two-thirds of the executives suspended over Tesco's £263m profits overstatement scandal have left the supermarket giant. Sky News understands that William Linnane, the head of buying for impulse purchases, is to leave...

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StanChart Risks Reigniting Bank Bonus Row

By Mark Kleinman, City Editor The emerging markets bank Standard Chartered will risk reigniting a row over City bonuses this week when it reveals that it is cutting bonuses by a smaller percentage than its decline in profits. Sky News understands...

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First-Time Buyers 'Get 20% Discount On Homes'

First-time buyers aged under-40 will be given the chance to buy a starter home at a 20% discount under a new Government scheme. Planning rules for under-used brownfield sites will be relaxed from Monday in return for developers using the land to build...

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Licence Fee Needs Updating, BBC Boss To Argue

BBC boss Tony Hall is expected to warn the corporation is at "a crossroads" and that the licence fee should be updated. In a speech, the director general is to argue adapting the levy for the internet age is "vital". Mr Hall is set to highlight a...

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Struggling Samsung Lifts Lid On New Galaxy

Samsung has unveiled two new flagship smartphones with a host of features aimed at taking on arch-rival Apple. The Galaxy S6 and S6 Edge, revealed at the tech giant's Unpacked event in Barcelona, have ditched the plastic case of previous versions...

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First-Time Buyers 'Get 20% Discount On Homes'

First-time buyers aged under-40 will be given the chance to buy a starter home at a 20% discount under a new Government scheme. Planning rules for under-used brownfield sites will be relaxed from Monday in return for developers using the land to build...

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Unions Protest As East Coast Line Goes Private

Rail unions are planning to stage protests along the East Coast Main Line later - marking the day before the route is re-privatised by the Government. The Rail, Maritime and Transport union is organising gatherings in London, Doncaster and Edinburgh...

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Customers 'Duped' By Energy Switching Deals

Energy price comparison websites have been "duping" customers into switching to deals that are not the cheapest on the market and should pay them compensation, a group of MPs have said. The Energy and Climate Change Committee said some sites had used...

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