Dreamliner Safety And Design Review Ordered

America's aviation watchdog has ordered a comprehensive review of the Boeing 787 Dreamliner after a spate of incidents involving the aircraft. The head of the Federal Aviation Administration (FAA) said he is confident the Boeing 787 is safe, but he...

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Jessops Close All Stores - 1,370 Jobs To Go

Administrators say camera chain Jessops is to close all its 187 stores with the loss of 1,370 jobs PricewaterhouseCoopers (PwC), which was appointed to the group on Wednesday, has begun the process of shutting the firm's entire network of outlets. ...

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Jessops Slashes Jobs And Ignores Gift Vouchers

Troubled high street photography retailer Jessops has gone into administration and will no longer accept gift vouchers or returned goods, it has been confirmed. Sky sources earlier revealed that an application for administration was filed on Wednesday...

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M&S Confirms Festive Clothing Slump

By Mark Kleinman, City Editor Marks & Spencer (M&S) has confirmed that it suffered a slump in pre-Christmas clothing sales in a trading update hastily brought forward following a leak of the numbers to Sky News. In a statement released...

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Ofcom To Boost Hunt for Nuisance Call Firms

The telecoms watchdog is to boost efforts to hunt down companies behind nuisance calls to householders. The move was prompted after Ofcom said a study found almost half of all adults were subjected to silent or abandoned calls within a six-month period....

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Pensions 'Plunge Over £3,000 In Five Years'

People planning to retire this year expect to be living off the lowest average incomes recorded in six years, it has been claimed. This year's retirees expect to have a typical annual income of £15,300, making them around £3,400 a year worse off than...

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Dyson Warns Government Over UK Manufacturing

The Government must do more to protect the future of manufacturing in Britain, inventor Sir James Dyson has warned. The entrepreneur, famous for inventing the bagless Dyson vacuum cleaner, said Britain will have a deficit of 60,000 engineering graduates...

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Online Sales Fail To Boost 'Sluggish' December

By Ursula Errington, Business Reporter Strong online sales in December have failed to boost what has been described as an "underwhelming and sluggish" Christmas on the high street. The British Retail Consortium (BRC) said retail sales for the month...

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Exclusive: ShEx Boss In DECC Move

By Mark Kleinman, City Editor The man responsible for stewarding tens of billions of pounds-worth of state-owned assets and who oversaw the sale of the Government's stakes in the Tote and British Energy is to step down from his role. I can reveal...

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City Jobs On The Slide Amid Weak Economy

The number of new City jobs has fallen by more than a third, new figures reveal. Just 35,115 posts were created in 2012 - down 35% on the 54,025 in 2011. In addition, around 800 new City jobs were available in December last year, compared to 1,490...

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More Pensioners Working Into Retirement

By Becky Johnson, Sky News Correspondent As nearly 10 million people in Britain are now over 65, increasing numbers of pensioners are taking up a second career after they retire. One in three 45 to 65-year-olds now plan to carry on working into...

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Exclusive: Banks Braced For Cash Bonus Cap

By Mark Kleinman, City Editor The two giant banks bailed out by British taxpayers in 2008 are preparing to impose a fourth consecutive annual cap on cash bonuses as they finalise staff payouts for last year. I have learned that executives at Lloyds...

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