Cable Warns Bank Bosses On Branch Closures

By Mark Kleinman, City Editor Vince Cable has summoned Britain's biggest banks for fresh talks about branch closures after their bosses refused to renew a promise not to close hundreds of rural outlets. Sky News has learnt that the Business Secretary...

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Rail Fares Hike As More Trouble Hits Trains

Rail disruption hit the major train station where Transport Secretary Patrick McLoughlin sought to defend a hike in fares and hail record government investment in the network. As commuter season tickets rose by 2.5%, the Secretary of State visited...

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Payday Loan Costs Caps Comes Into Force

A cap on the cost of payday loans has come into force aimed at preventing debts spiralling out of control. Fees and interest paid by customers using payday lenders will now be limited, lowering the cost of borrowing for most people. The new rules...

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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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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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City Link Confirms Thousands Of Jobs Lost

The administrators of courier firm City Link have announced 2,356 job losses after a bid to buy the company failed. Many workers found out about the firm's collapse on Christmas Day and had been warned to expect "substantial redundancies". Announcing...

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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...

14.47 | 0 komentar | Read More

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...

14.47 | 0 komentar | Read More

City Link Confirms Thousands Of Jobs Lost

The administrators of courier firm City Link have announced 2,356 job losses after a bid to buy the company failed. Many workers found out about the firm's collapse on Christmas Day and had been warned to expect "substantial redundancies". Announcing...

14.47 | 0 komentar | Read More

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...

14.47 | 0 komentar | Read More

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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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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Greece Back In Crisis As Snap Election Forced

Greece has been plunged back into crisis mode by a snap parliamentary election that could yield a government opposed to the country's financial reforms. The Athens Stock Exchange was 10% down when it was confirmed that the government of prime minister...

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Anger As City Link Workers Told Jobs Are To Go

By David Blevins, Sky Correspondent City Link employees turned up for work on Monday to be told that most of them will lose their jobs on New Year's Eve. An internal document circulated by administrators and seen by Sky News said the majority of...

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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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Profits Dripping Away For Dairy Farmers

By Becky Johnson, Sky News Reporter Andrew Wright gets up at 5.30am every day to milk his herd of 170 cows. He took over the farm in Cheshire from his parents twenty five years ago and had hoped to one day pass it on to his son. But times are tough...

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Royal Mail, DX Snubbed City Link Rescue Deal

By Mark Kleinman, City Editor Rival delivery companies including Royal Mail were approached about a pre-Christmas rescue of City Link, the parcel services provider which collapsed into administration this week. Sky News has learnt that Royal Mail...

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The Interview Earns £9.6m From Online Release

The Interview has become Sony's highest-selling online film of all time after earning $15m (£9.6m) from rentals and downloads. The film, which stars Seth Rogen and James Franco, had some two million rentals and purchases over the Christmas period....

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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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Profits Dripping Away For Dairy Farmers

By Becky Johnson, Sky News Reporter Andrew Wright gets up at 5.30am every day to milk his herd of 170 cows. He took over the farm in Cheshire from his parents twenty five years ago and had hoped to one day pass it on to his son. But times are tough...

14.47 | 0 komentar | Read More

Royal Mail, DX Snubbed City Link Rescue Deal

By Mark Kleinman, City Editor Rival delivery companies including Royal Mail were approached about a pre-Christmas rescue of City Link, the parcel services provider which collapsed into administration this week. Sky News has learnt that Royal Mail...

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