MP's Fury Over Delay To HBOS Crisis Report

By Mark Kleinman, City Editor A member of the influential Treasury Select Committee criticised City regulators on Friday amid signs of a further delay to the completion of an inquiry into the near-collapse of HBOS in 2008. Speaking to Sky News, Mark...

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Final Whistle For West Ham Shirt Sponsor

Foreign exchange broker Alpari UK has entered insolvency following market turmoil over Switzerland's shock decision to unpeg its currency from the euro. Within minutes of the early morning announcement on Thursday, the currency spiked around a third...

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Npower Fuels Debate Over Energy Price Cuts

By Mark Kleinman, City Editor Npower, one of the UK's biggest energy suppliers, has stoked the political row over utility pricing, blaming the Government for favouring smaller peers and "political factors" for influencing commercial decision-making....

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Euro QE Stimulus Plans Clear Legal Hurdle

The publication of a legal opinion by the European Court of Justice has seemingly removed a hurdle from efforts to stimulate the struggling eurozone economies. An advisor to the court found that a hugely controversial bond-buying programme blueprint,...

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Global Economy 'Running On One Engine'

There have been sharp share falls in London after the World Bank cut its growth forecast for 2015 and next year, declaring the world's economy was "running on a single engine." Its twice-yearly Global Economic Prospects report said that weakness in the...

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Firms 'Named And Shamed' On Minimum Wage

The Government has "named and shamed" 37 employers, including high street fashion brand H&M and Welcome Break, accusing them of failing to pay the national minimum wage. It claimed the companies collectively owed £177,000 to their workers in arrears...

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Why Record Inflation Fall Is Not All Good News

How low is too low? That's the question economists are asking today after the Consumer Price Index (CPI) inflation rate dropped from 1% to 0.5%. It's the lowest official inflation number for a decade-and-a-half, and the first time it has halved in...

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Osborne: No Need To Fear Low Inflation Rate

Britain should celebrate the low inflation rate and not be frightened by it, Chancellor George Osborne is to insist. He will say the slump in the headline rate to just 0.5% is due to external factors - and the benefits for consumers should be welcomed....

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Inflation At Joint Lowest Level On Record

The annual rate of inflation has hit a 15-year low as oil costs continue to fall and supermarkets engage in a price war. The Office for National Statistics (ONS) measured consumer price inflation (CPI) at 0.5% in December - its joint lowest level...

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Petrol At £1 A Litre But Not At Supermarkets

The owner of three petrol stations in the West Midlands has cut the price of unleaded petrol below £1 a litre, as supermarkets announce further reductions. The decision to sell petrol at 99.7p by Harvest Energy garages in Birmingham, Redditch and...

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Sellafield Clean-Up Contract To Be Torn Up

A consortium is set to be stripped of its contract to clean up western Europe's largest nuclear waste site at Sellafield following criticism of its performance. Nuclear Management Partners (NMP), made up of US engineering group URS, British firm AMEC...

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Morrisons Boss Quits After Festive Sales Fall

By Mark Kleinman, City Editor The chief executive of Wm Morrison is to step down after a slump in Christmas sales led the grocer's board to conclude that a leader was required to transform its fortunes. Confirming an exclusive report on Sky News,...

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