Nestlé Chair Warns Over UK Exit From Europe

By Mark Kleinman, City Editor, in Davos The consumer goods giant Nestle would be forced to re-evaluate the extent of its presence in the UK if Britain decided to leave the European Union, its chairman has told Sky News. In an interview during the...

12.06 | 0 komentar | Read More

Non-EU Banks Slip Through Bonus Cap Loophole

By Mark Kleinman, City Editor in Davos Major global banks such as Morgan Stanley and Nomura are benefiting from a loophole in new European pay rules that could leave British rivals at a big disadvantage. Sky News understands that banks based outside...

12.06 | 0 komentar | Read More

High Street Chain Bathstore Groomed For Sale

By Mark Kleinman, City Editor Another prominent UK high street chain is poised to change hands with the sale of Bathstore, the specialist bathrooms retailer. Sky News understands that Endless, the investment fund which acquired Bathstore in May...

12.06 | 0 komentar | Read More

Energy Boss Attacks Price Comparison Websites

The boss of Co-operative Energy has accused price comparison websites of misleading customers and pushing up energy bills. Group General Manager Ramsay Dunning has called on the likes of uSwitch, MoneySupermarket.com and Energy Helpline to disclose...

12.06 | 0 komentar | Read More

Morgan Stanley Joins Race To Beat EU Pay Cap

By Mark Kleinman, City Editor Morgan Stanley is to join the ranks of global banks offering substantial pay rises to London-based staff ahead of the imposition of new European remuneration rules. Sky News understands that the Wall Street bank is...

12.06 | 0 komentar | Read More

Help To Buy Scheme: Under 40s Rush To Apply

Nearly half of would-be homeowners under the age of 40 are planning to apply for Help To Buy assistance this year, a new study suggests. According to research by Experian, 39% of those aged between 20 and 40 hope to apply for the Government initiative...

12.06 | 0 komentar | Read More

Lloyds Co-Op Deal Denounced By Lord Levene

A peer has alleged "bad faith" after a bid he was leading to buy hundreds of Lloyds bank branches lost out to the rival Co-operative Group. Giving evidence to MPs at Westminster, Lord Levene, who chaired NBNK Investments which had been seeking to create...

12.07 | 0 komentar | Read More

Osborne Hails New IMF Growth Forecast For UK

Full-Blown Recovery Uncertain Despite IMF Boost Updated: 4:40pm UK, Tuesday 21 January 2014 By Ed Conway, Economics Editor The chances are by now that you are already well aware of the gist of the International Monetary Fund's latest update to...

12.07 | 0 komentar | Read More

IMF Upgrades UK Growth Forecast Above Rivals

By Ed Conway, Economics Editor The International Monetary Fund is on the brink of upgrading its growth forecast for the UK more than any other major economy, Sky News has learnt. The Fund is poised to increase its projection for UK growth in 2014...

12.06 | 0 komentar | Read More

'Risky' £1m Motorway Pub To Open Despite Fears

A new £1m pub opens at a motorway service station today, in the face of fierce criticism from road safety and alcohol campaigners. The pub chain JD Wetherspoon says The Hope and Champion pub will be open from 4am to 1am, seven days a week. The venue...

12.06 | 0 komentar | Read More

Bingo Hall Burden: MPs Call For Tax Cuts

By Adele Robinson, Sky News Correspondent The UK's bingo hall business will "stagnate" if the Government does not cut tax on it, campaigners say. More than 50 MPs are backing calls to reduce duty and bring levies on the game in line with other...

12.06 | 0 komentar | Read More

Ex-Barclays Executive Plots New Business Bank

By Mark Kleinman, City Editor A former Barclays executive is setting up a new bank to target small and medium-sized businesses (SMEs) in a test of the City regulator's pledge to accelerate approvals for new lenders. Sky News understands that OakNorth,...

12.06 | 0 komentar | Read More

Fastest Growth In Retail Sales Since 2004

Brisk business for smaller retailers ahead of Christmas helped sales volumes grow at their fastest annual pace since 2004 in December. Figures from the Office for National Statistics (ONS) measured 2.6% growth during December to show an annual increase...

12.07 | 0 komentar | Read More

Bingo Hall Burden: MPs Call For Tax Cuts

By Adele Robinson, Sky News Correspondent The UK's bingo hall business will "stagnate" if the Government does not cut tax on it, campaigners say. More than 50 MPs are backing calls to reduce duty and bring levies on the game in line with other...

12.07 | 0 komentar | Read More