Bank 'Gloomier' As Economy Woes Hit Markets

The Bank of England's chief economist has spoken of his concerns for the UK's economic outlook as it writhes in both "agony and ecstasy" alongside weaker global growth. Andy Haldane told a business audience the Bank may need to keep interest...

12.07 | 0 komentar | Read More

UK Banks To Take Forex Fines Hit Within Weeks

By Mark Kleinman, City Editor Some of Britain's biggest banks will set aside hundreds of millions of pounds in the next few weeks as they prepare to settle with regulators after a probe into the manipulation of foreign exchange markets. Sky News...

12.06 | 0 komentar | Read More

Markets Fall Further As Global Weakness Hits

The sharpest decline in European stocks since 2011 has been followed by a second day of volatile trading as investors flee risk because of global economic weaknesses. Many stock markets, including the FTSE 100, recovered some ground lost on Wednesday...

12.06 | 0 komentar | Read More

Global Markets Q&A: What Is Causing The Fall?

By Ed Conway, Economics Editor Volatile trading has continued into a second day after weak growth reports sparked a big sell-off earlier this week. But what has caused the markets to get jittery? :: Why are markets plunging? Good question....

12.06 | 0 komentar | Read More

Jobless Total Back Below Two-Million Mark

The latest unemployment figures show the jobless total below the two-million mark for the first time since 2008. The Office for National Statistics (ONS) said unemployment fell by 154,000 in the three months to August to 1.97 million, with the jobless...

12.06 | 0 komentar | Read More

FTSE Loses £46bn To Plunge To 15-Month Low

The FTSE 100 has suffered its biggest one-day fall this year, losing around £46bn in value to close down 2.8% (181 points). While Britain's unemployment rate sank to 6% - its lowest since 2008 - the share index hit its 15-month low as stocks such...

12.06 | 0 komentar | Read More

Inflation Falls To Five-Year Low Of 1.2%

Plunging fuel costs and a supermarket price war are being credited for the latest dip in the annual rate of inflation. The Office for National Statistics (ONS) measured a 1.2% rise in consumer prices in the 12 months to September - its lowest level...

12.07 | 0 komentar | Read More

Struggling Balfour Beatty Picks Next Chief

By Mark Kleinman, City Editor Balfour Beatty, the beleaguered construction group, will on Wednesday hand the chief executive of the defence research firm Qinetiq the task of reviving its fortunes. Sky News has learnt that Leo Quinn is to become the...

12.07 | 0 komentar | Read More

Twitter: Bank To Use Social Media To Send Cash

By Tom Cheshire, Technology Correspondent One of the largest banks in France will today unveil plans to let its customers - and those of other banks - send money through Twitter. Groupe BPCE will be the "the first banking group to offer individuals...

12.07 | 0 komentar | Read More

Ireland To End Regime Of Cheap Corporation Tax

By David Blevins, Ireland Correspondent Ireland is poised to signal the end of a controversial scheme that has enabled multinational companies to drastically reduce the amount of tax they pay. Sources claim the country's finance minister, Michael...

12.07 | 0 komentar | Read More

Osborne Puts Stake In Eurostar Up For Sale

Chancellor George Osborne has said the Government is seeking bidders for its 40% stake in the Eurostar rail service to help reduce Britain's public sector debt pile. Potential buyers have until the end of the month to make expressions of interests....

12.06 | 0 komentar | Read More

FTSE Slips To One-Year Low On Growth Fears

The FTSE has closed at its lowest level in nearly a year with a crisis of confidence over the global recovery. It came as there were warnings about a triple-dip recession in the Eurozone at the IMF's annual conference in Washington. Data from Europe's...

12.06 | 0 komentar | Read More

Road Hauliers In Christmas Deliveries Warning

By Lisa Dowd, Midlands Correspondent Hauliers are warning that a national shortage of lorry drivers could hit deliveries to shops and stores in the run-up to Christmas. They say the cost of obtaining a licence and strict EU rules are putting off...

12.06 | 0 komentar | Read More