Buying A House 'Cheaper Than Renting'

Home buyers are almost £900 better off a year than those who rent - but an upturn in house prices means the gap has narrowed in recent months, a report has found. Research by Halifax, which based its calculations on its own database as well as official...

12.07 | 0 komentar | Read More

BlackBerry Slashes Jobs In Face Of $1bn Loss

BlackBerry has confirmed it will cut 40% its global workforce as it said it expects to report that it has lost almost $1bn in its second quarter. The smartphone company said it will lay off 4,500 employees as it tries to slash costs by 50% and shift...

12.07 | 0 komentar | Read More

Rip-Off Pensions: OFT Calls For Shake-Up

Changes to the pensions market are needed to make sure millions of workers are not sinking cash into schemes that are bad value for money, the Office of Fair Trading (OFT) has said. The trading watchdog disappointed consumer groups by not to referring...

12.07 | 0 komentar | Read More

JPMorgan Fined £570m Over London Whale Loss

Wall St bank JPMorgan Chase has been fined a total of £570m ($920m) over the £3.7bn "London Whale" trading losses. The penalties include £137.6m ($221m) imposed by the Financial Conduct Authority (FCA) - the second-biggest in the UK City watchdog's...

12.07 | 0 komentar | Read More

City Watchdog Hits JPMorgan With Huge Fine

By Mark Kleinman, City Editor The City regulator will slap one of its biggest-ever fines on the Wall Street banking giant JPMorgan on Thursday over the derivatives losses which last year cost it more than $6bn (£3.7bn). Sky News understands that...

12.06 | 0 komentar | Read More

Apple iPhone: iOS 7 Download Problems

Apple's new-look operating system has got off to a rocky start, with users complaining of having difficulties downloading it. Hailed as a new beginning for the technology giant, iOS 7 was eagerly anticipated and millions tried to download it on its...

12.06 | 0 komentar | Read More

Osborne Launches £3bn Lloyds Share Sale

By Mark Kleinman, City Editor George Osborne has kicked off the long-awaited sale of the Government's stake in Lloyds Banking Group with a share placing that could raise around £3bn. The move, announced after the stock market closed on Monday,...

12.06 | 0 komentar | Read More

Barclays To Pay Out £100m Over Loan Error

Barclays Bank could have to pay out up to £100m to around 300,000 of its personal loan customers after making mistakes on their paperwork. The customers could be in line for a few hundred pounds each from the issue, which dates back to October 2008....

12.06 | 0 komentar | Read More

Leigh-Pemberton To Lead Taxpayer Banks Body

By Mark Kleinman, City Editor The son of a former governor of the Bank of England will on Monday be appointed as the new chief executive of the body which manages the taxpayer's stakes in Britain's bailed-out banks. Sky News can exclusively reveal...

12.06 | 0 komentar | Read More

Bank Seven-Day Switch Scheme May Fall Flat

By Poppy Trowbridge, Business and Economics Correspondent The Government wants banks to work harder to win your business and is backing an initiative to allow customers to swap current accounts within seven working days. But exclusive research...

12.06 | 0 komentar | Read More

Vince Cable Calls For Minimum Wage Increase

Business Secretary Vince Cable is pressing for an increase in the minimum wage amid concerns that many lower-paid workers are still not benefiting from the burgeoning economic recovery. Speaking before the Liberal Democrat party conference in Glasgow...

12.06 | 0 komentar | Read More

Bank Seven-Day Switch Scheme May Fall Flat

By Poppy Trowbridge, Business and Economics Correspondent The Government wants banks to work harder to win your business and is backing an initiative to allow customers to swap current accounts within seven working days. But exclusive research...

12.06 | 0 komentar | Read More