Hunt To Get £17m Payout From Hotcourses Sale

By Mark Kleinman, City Editor Jeremy Hunt, the Health Secretary, is in line for a windfall worth more than £15m from a company sale that would propel him to the top of the Cabinet rich list. Sky News can exclusively reveal that Hotcourses, an education...

12.06 | 0 komentar | Read More

Mobile Spending 'Could Be Worth £23bn' By 2018

By Poppy Trowbridge, Business and Economics Correspondent This year has been dubbed 'The Mobile Christmas' and with 48% growth in mobile shopping, retailers are increasingly targeting shoppers through digital devices. British retailers will spend...

12.06 | 0 komentar | Read More

ECB Cuts Interest Rate To Boost Recovery

The European Central Bank (ECB) has cut its core interest rate in a bid to boost flagging economic recovery in the euro area. The bank lowered the benchmark refinancing rate to a record low 0.25% from 0.5% at a meeting of its 23-member governing council...

12.06 | 0 komentar | Read More

Twitter's Share Price Soars At NYSE Launch

Smooth Sailing For 'TWTR' Launch Updated: 11:34pm UK, Thursday 07 November 2013 By Hannah Thomas-Peter, New York Correspondent The "pop" at the beginning of the day prompted some early investors to sell a portion of their shares. Meridian Equity...

12.06 | 0 komentar | Read More

Twitter Shares Priced At $26 In IPO

Twitter has set a price of $26 for its public stock offering and can begin trading on the New York Stock Exchange on Thursday. The price values the San Francisco-based micro blogging site at $14.1bn, based on its outstanding stock and options, Reuters...

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Universal Credit Scheme 'Has Lost Over £140m'

Universal Credit has been savaged by MPs for "shocking" failures that have already wasted at least £140m. The scheme has been blighted by "alarmingly weak" management, with secretaries allowed to authorise purchase orders worth more than £20m. In some...

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Job Losses Feared At BAE Shipyards Amid Review

Defence giant BAE Systems will announce job losses when it releases a report on the future of shipyards on Thursday, Sky sources understand. It is thought that two facilities in Scotland and one at Portsmouth could be affected. Unions are to meet company...

12.07 | 0 komentar | Read More

VIP Visas Aimed At Drawing Executives To UK

By Anuskha Asthana, Political Correspondent British visas are to be offered under a "same-day service" in China and a number of other countries in a bid to make the UK immigration service more pro-growth. The move will be announced by Theresa May,...

12.07 | 0 komentar | Read More

Water Bills: Minister Urges Firms To Rethink

The Environment Secretary has urged water companies to "look closely" at whether price increases are necessary and urged them to introduce special tariffs for hard-pressed households. In a letter to suppliers, Owen Paterson MP said they should recognise...

12.06 | 0 komentar | Read More

Duchy Of Cornwall 'Not Advantaged' By Tax Break

By Paul Harrison, Royal Correspondent The Duchy of Cornwall does not possess a "competitive advantage" over other businesses despite being exempt from hefty taxes, a spokesperson for Prince Charles' estate has told Sky News. The comments come as...

12.06 | 0 komentar | Read More

Founders Eye £250m Jackpot From Tilda Sale

By Mark Kleinman, City Editor A family which fled Uganda after being expelled by the dictator Idi Amin is eyeing a £250m jackpot from the potential sale of Tilda Rice, one of the UK's most prominent food brands. Sky News understands that members...

12.06 | 0 komentar | Read More

Small Investors Land 12-Year Co-op Deal

By Mark Kleinmann, City Editor Thousands of small investors in the Co-operative Bank will be guaranteed income for 12 years under a deal to patch up its finances that will be unveiled on Monday. Sky News has learnt that the Co-operative Group agreed...

12.06 | 0 komentar | Read More

Co-Op: US Hedge Funds Reassure Watchdog

By Mark Kleinman, City Editor A group of American hedge funds is trying to reassure the Bank of England about their role in the restructuring of the Co-operative's troubled banking arm ahead of a formal deal to be announced on Monday. Sky News...

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Co-op To Axe More Than 1,000 Banking Jobs

By Mark Kleinman, City Editor The Co-operative Group is to axe more than 1,000 jobs at its troubled banking arm as part of a complete overhaul of its business and finances. Sky News understands that the job cuts, which could be detailed as soon...

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