Govt Takes Interest On Investors' Mail Funds

By Mark Kleinman, City Editor The Government has earned hundreds of thousands of pounds in interest from private investors who saw their applications to buy Royal Mail shares snubbed by ministers. Sky News understands that hundreds of thousands...

12.06 | 0 komentar | Read More

Royal Mail Shares Soar In First Trades

By Mark Kleinman, City Editor Nearly 150,000 Royal Mail staff were sitting on shareholdings worth more than £3,000 after a first day of trading that left the Government exposed to accusations that it had vastly undervalued the company. The postal...

12.06 | 0 komentar | Read More

Royal Mail: Sovereign Funds To Get Shares

By Mark Kleinman, City Editor A clutch of the world's most powerful sovereign wealth funds are expected to be allocated millions of pounds-worth of shares in Royal Mail even as thousands of British investors are frozen out of the privatisation....

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Royal Mail Shares: Thousands Miss Out

By Mark Kleinman, City Editor Thousands of UK taxpayers will miss out on the biggest privatisation in a generation after the Government confirmed the sale of nearly £2bn of shares in Royal Mail. Ministers confirmed after the UK stock market closed...

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High Rate Travel Firm Numbers Are 'A Disgrace'

Travel companies should be banned from using high rate telephone numbers for customer services or complaints, a watchdog has demanded. Which? said 70% of travel firms are using the numbers, and renewed its call for such companies to be subject to an...

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IMF Issues $2.3trn Warning Over QE's End

By Ed Conway, Economics Editor, In Washington Investors could be facing a potential loss of $2.3trn (£1.44trn) if the world's central banks cannot smoothly unwind the emergency measures carried out during the financial crisis, the International...

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Economy: IMF Makes UK Growth Forecast U-Turn

By Ed Conway, Economics Editor, In Washington The International Monetary Fund (IMF) has upgraded its forecast for UK economic growth by more than any other major economy, in a boost to the Chancellor's fortunes. It comes only six months after the...

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Help To Buy Scheme: First Rates Are Revealed

The first mortgage rates on offer under the latest phase of the Government's Help to Buy scheme have been described by the lender as "fair and competitive." The second phase of the controversial scheme - aimed at helping more people get on the property...

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Scottish Independence: Defence Jobs Warning

By Alistair Bunkall, Defence Correspondent Thousands of jobs could be lost in the defence industry if Scotland votes for independence, the Defence Secretary will warn. Philip Hammond will set out the commercial benefit of the Union as he speaks...

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Help To Buy Scheme Could Secure 180,000 Loans

Banks are expecting a flood of interest as the latest phase of the Government's Help to Buy scheme is launched. The move will help homebuyers obtain mortgages worth up to 95% of property values. And in the latest phase of the controversial scheme 15%...

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Crunch Time In £350m Wagon Wheels Auction

By Mark Kleinman, City Editor More than half a dozen bidders have tabled offers for the owner of Wagon Wheels, the UK's second-biggest biscuits manufacturer. Sky News understands that a field of predominantly financial investors submitted initial...

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Help To Buy: Doubts Over Success Of Scheme

By Poppy Trowbridge, Business and Economics Correspondent The second phase of the government mortgage guarantee scheme Help to Buy launches today, three months earlier than expected - but experts are sceptical the initiative will help buyers. Lack...

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Help To Buy: Doubts Over Success Of Scheme

By Poppy Trowbridge, Business and Economics Correspondent The second phase of the government mortgage guarantee scheme Help to Buy is due to launch next week, three months earlier than expected - but experts are sceptical the initiative will help...

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Goldman Fund Wins £720m Battle For Hastings

By Mark Kleinman, City Editor A fund managed by the Wall Street banking giant Goldman Sachs will next week emerge as the biggest shareholder in Hastings, one of Britain's fastest-growing insurance companies. Sky News understands that GS Capital...

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