The Budget: What To Expect From Osborne

If you're expecting the forthcoming Budget to make a big difference to your pockets, you may well end up a little disappointed. Pre-election Budgets tend to be short on measures and long on promises. After all, if there is a new Government elected...

12.06 | 0 komentar | Read More

Co-op Bank Taps Funds Over £6bn Optimum Sale

By Mark Kleinman, City Editor The‎ troubled Co-operative Bank has approached some of the world's biggest distressed investment funds about a sale of billions of pounds of British mortgages as part of its revival plan. Sky News‎ has learnt that advisers...

12.06 | 0 komentar | Read More

Labour's Pledge To Force Big Six To Cut Bills

Energy companies could be forced to cut their bills by the end of the year if Labour wins the General Election in May. Labour leader Ed Miliband is expected to announce later that one of his first acts in government would be to push through a bill...

12.07 | 0 komentar | Read More

TSB Confirms £1.7bn Sabadell Takeover Talks

By Mark Kleinman, City Editor The Spanish banking group Banco Sabadell has confirmed that it is in talks about a takeover of TSB, a deal that would catapult it into the ranks of Britain's biggest high street lenders. The boards of the two banks issued...

12.07 | 0 komentar | Read More

Greece Threatens German Asset Seizure Over War

The Greek justice minister has announced it may seize German state-owned property to compensate victims of a Nazi massacre more than 70 years ago. "I'm ready to sign (the decision)," Nikos Paraskevopoulos said. "The prime minister is aware of the...

12.06 | 0 komentar | Read More

Shawbrook Joins Start-Up Banks' Race To Float

By Mark Kleinman, City Editor A challenger bank chaired by the former head of Royal Bank of Scotland (RBS) will announce plans for a flotation on Thursday that the City believes could value it at almost £1bn. Sky News has learnt that Shawbrook, which...

12.06 | 0 komentar | Read More

Supermarket Wars: Price Falls Hit New Record

The intense price war between supermarket chains means grocery costs are falling at a record pace, according to industry figures. The latest data from Kantar Worldpanel, for the 12 weeks to 1 March, showed annual price falls reached a new low of -1.6%...

12.06 | 0 komentar | Read More

£1bn Printer Falls Like Domino To Japan Bid

By Mark Kleinman, City Editor A FTSE-250 printing technology company will be the latest British corporate name to fall prey to a foreign rival when it unveils a takeover deal worth close to £1bn. Sky News has learnt that the board of Domino Printing...

12.06 | 0 komentar | Read More

HSBC Tax Scandal: Argentina Wants $3.5bn

Argentina has stepped up its tax evasion row with HSBC by demanding it repatriates $3.5bn (£2.32bn) of cash allegedly moved to its Swiss private bank. The country's tax authorities issued the request weeks after the Central Bank of Argentina temporarily...

12.06 | 0 komentar | Read More

US Chief Wells Is The New 'Man From The Pru'

By Mark Kleinman, City Editor The head of Prudential's American operations is poised to be named as the company's group chief executive as part of a management overhaul at one of Britain's biggest insurers. Sky News can reveal that Mike Wells, who...

12.06 | 0 komentar | Read More

Big Firms Forced To Reveal Gender Pay Gap

Thousands of large companies will be forced to share details of the difference between what they pay their male and female workers. The Government has agreed to implement the Liberal Democrat measure despite years of Tory opposition to it. The move...

12.06 | 0 komentar | Read More

Tungsten Banking Arm Unveils Deposits Drive

By Mark Kleinman, City Editor An electronic invoicing group headed by a prominent City financier will on Monday announce that it is to start taking deposits as it aims to become a leading challenger bank for corporate clients. Sky News understands...

12.06 | 0 komentar | Read More