Shareholders Slam £23m Burberry Boss Pay Deal

More than half of shareholders at the annual general meeting (AGM) for luxury retailer Burberry have rejected a pay deal worth up to £23.6m for the chief executive. Some 52% of votes cast in the non-binding ballot did not support the remuneration report...

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World Cup Betting Set To Smash £1bn Barrier

Bookmakers are expecting to smash betting records for Sunday's Fifa World Cup, as punters embrace placing wagers through mobile devices. Ladbrokes, Britain's second biggest bookie, has predicted an industry-wide taking for the tournament to break the...

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MPs: Taxpayer Short-Changed On Royal Mail Sale

By Mark Kleinman, City Editor The controversy over the £3.3bn privatisation of Royal Mail has erupted again as an influential group of MPs has criticised Vince Cable over his handling of the sale. In a coruscating report, the Business, Innovation...

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Church Of England Severs Ties With Wonga

The Church of England has announced it has withdrawn its investment from controversial payday lender Wonga. It comes a week after the firm agreed to pay £2.6m in compensation to 45,000 customers after it was found to have sent letters from two fake...

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Public Sector Strike Threatens Huge Disruption

Unions: Workers Can't Feed Their Families Updated: 1:33am UK, Thursday 10 July 2014 Unions say they are angry at 'abysmal pay', working conditions and pensions. Here is a snapshot of each union's main complaints. :: Unite Members: 70,000 from various...

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PM Plots Anti-Strike Law Amid National Walkout

Unions: Workers Can't Feed Their Families Updated: 1:33am UK, Thursday 10 July 2014 Unions say they are angry at 'abysmal pay', working conditions and pensions. Here is a snapshot of each union's main complaints. :: Unite Members: 70,000 from various...

12.06 | 0 komentar | Read More

Moulton In Talks Over Unipart Rescue Deal

By Mark Kleinman, City Editor The City financier Jon Moulton is in talks to rescue Unipart Automotive, Britain's biggest independent car parts supplier, in a deal that could save more than 1,500 jobs. Sky News can reveal Better Capital, the investment...

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Goodwin Helps Rack Up £400,000 RBS Legal Bill

By Mark Kleinman, City Editor Royal Bank of Scotland (RBS) has spent hundreds of thousands of pounds on law firms acting for Fred Goodwin and other former directors during the early stages of legal actions brought by thousands of its shareholders....

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Network Rail Punctuality Fine To Pay For Wifi

Network Rail (NR) has been ordered to return £53.1m to the Treasury after it "failed to deliver" on major routes. The Office of Rail Regulation (ORR) said that during 2013/14  long-distance and major commuter line punctuality was 86.9%, "significantly...

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M&S To Dress Up Sales Numbers Amid Web Woes

By Mark Kleinman, City Editor Marks & Spencer (M&S) will signal renewed confidence in a turnaround of its key womenswear business on Tuesday, even as overall sales remain depressed amid problems with its revamped website. Sky News understands...

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CBI's Rake Bows Out Of Race For Barclays Job

By Mark Kleinman, City Editor The CBI president Sir Mike Rake has bowed out of the race to become the next chairman of Barclays, even as the bank attempts to contain the fall-out from a string of new regulatory probes. Sky News has learnt that...

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Tory Donor Ross In Frame To Chair Ofsted

By Mark Kleinman, City Editor David Ross, the co-founder of the Carphone Warehouse high street chain, is a leading candidate to become the next chair of Ofsted, the education watchdog. Sky News can exclusively reveal that Mr Ross, who has donated...

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Tory Donor Ross In Frame To Chair Ofsted

By Mark Kleinman, City Editor David Ross, the co-founder of the Carphone Warehouse high street chain, is a leading candidate to become the next chair of Ofsted, the education watchdog. Sky News can exclusively reveal that Mr Ross, who has donated...

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CBI's Rake Bows Out Of Race For Barclays Job

By Mark Kleinman, City Editor The CBI president Sir Mike Rake has bowed out of the race to become the next chairman of Barclays, even as the bank attempts to contain the fall-out from a string of new regulatory probes. Sky News has learnt that...

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