PPI Scandal: Lenders To Re-Open 2.5m Claims

The City regulator says banks and other lenders are to reassess more than 2.5 million payment protection insurance (PPI) complaints. The Financial Conduct Authority (FCA) says the claims, which were made in 2012 and 2013, may have either been unfairly...

18.57 | 0 komentar | Read More

Co-op Members Vote Through Big Reforms

Co-operative members have backed a shake-up of the way the crisis-hit group is run after a landmark vote on Saturday. At a special general meeting in Manchester, 83% of votes were in favour of proposals drawn up after the mutual made record £2.5bn losses,...

18.57 | 0 komentar | Read More

Branson Banks On £2bn Virgin Money Float

By Mark Kleinman, City Editor Sir Richard Branson is poised to pull the trigger on a stock market listing of Virgin's banking arm that City insiders predict could value it at up to £2bn. Sky News has learnt that directors of Virgin Money are in...

18.57 | 0 komentar | Read More

Tesco Shares Slump As Trading Woes Deepen

Tesco's share price took its biggest one-day hammering in more than two years on Friday after it slashed its profit forecast following a sales slump. The supermarket chain, which has seen its position as the UK's market leader slowly eroded amid a price...

18.56 | 0 komentar | Read More

PPI Scandal: Lenders To Re-Open 2.5m Claims

The City regulator says banks and other lenders are to reassess more than 2.5 million payment protection insurance (PPI) complaints. The Financial Conduct Authority (FCA) says the claims, which were made in 2012 and 2013, may have either been unfairly...

18.56 | 0 komentar | Read More

Lib Dems Promise Six Weeks' Paternity Leave

The Liberal Democrats will promise fathers an extra four weeks' paternity leave under new manifesto plans due to be announced. The policy would extend the total parental leave to 58 weeks by extending fathers' current entitlement of two weeks to six....

18.56 | 0 komentar | Read More

Water Bills Set To Fall Over Next Five Years

Water bills are on course to fall 5% on average in real terms over the next five years - if the industry regulator gets its way. Ofwat confirmed its draft determination for household water and sewerage bills for the 2015-2020 period while...

18.57 | 0 komentar | Read More

Malaysia Airlines Shake-Up After Planes Lost

The impact on Malaysia Airlines from the disappearance of MH370 and shooting down of MH17 has forced it to cut 6,000 jobs. The tragedies - in March and July respectively - compounded long-running losses at the airline which prompted it to confirm a...

18.57 | 0 komentar | Read More

Tesco Shares Slump As Trading Woes Deepen

Tesco's share price has taken its biggest one-day hammering in more than two years after it confirmed it was slashing its trading profit forecast following a sales slump. The supermarket chain, which has seen its position as the UK's market leader slowly...

18.57 | 0 komentar | Read More

PM: UK Trade Supports A Million Scottish Jobs

David Cameron is expected to say that UK trade supports one million Scottish jobs as he argues against an independent Scotland. The Prime Minister will address the business organisation CBI Scotland's annual dinner in Glasgow tonight. He will use the...

18.56 | 0 komentar | Read More

FBI Investigating 'Cyber Attacks' On US Banks

The FBI and the Secret Service are investigating reports of cyber attacks on JPMorgan Chase and other US financial institutions. Institutions were attacked this month by Russian hackers, a possible retaliation against US sanctions aimed at Russia due...

18.56 | 0 komentar | Read More

Business Leaders Back Scottish Independence

The Pro-Independence Letter In Full Updated: 12:01pm UK, Thursday 28 August 2014 The full text of the open letter to the Herald, signed by supporters of Scotland gaining independence: "We are involved in business and entrepreneurship at different...

18.56 | 0 komentar | Read More

IMF Chief Lagarde 'To Fight' Corruption Claim

Christine Lagarde has pledged to remain in post at the International Monetary Fund (IMF) as she is placed under formal investigation in her native France. The case purports to her alleged role in a long-running political feud dating back to the IMF...

18.56 | 0 komentar | Read More

Scottish Business Leaders Reject Independence

The Open Letter And Who Signed Updated: 7:25am UK, Wednesday 27 August 2014 The full text of the open letter from business leaders sent to the Scotsman newspaper: The outcome of the referendum on 18 September will affect our generation and the generations...

18.56 | 0 komentar | Read More

RBS Fined £14.5m For Mortgage Advice Failures

The City regulator has imposed a £14.5m fine on Royal Bank of Scotland and NatWest for "serious failings" in mortgage advice. News of the penalty - first revealed by Sky News on Tuesday evening - was released by the Financial Conduct Authority (FCA)...

18.56 | 0 komentar | Read More

Ballots Sent Out After Fiery Scotland Debate

Ballot papers have been sent out in the Scottish independence referendum - as polls say Alex Salmond won last night's final TV debate. There were angry exchanges over North Sea oil, the NHS and currency - but snap polls gave Scotland's First Minister...

18.56 | 0 komentar | Read More

Scotland Debate: The Facts Behind The Arguments

Full Fact - an independent fact checking organisation - checks the statements made by both sides during the second Scottish referendum debate. CURRENCY: Alex Salmond: "No-one can stop us using the pound sterling, it's an internationally tradeable currency."...

18.56 | 0 komentar | Read More

Call For E-Cigarettes To Be Banned Indoors

The World Health Organisation is recommending a ban on using e-cigarettes in public indoor spaces over second-hand smoke fears. In a long-awaited report, the UN health body voiced concern about the control of the $3bn (£1.8bn) market by the traditional...

18.56 | 0 komentar | Read More

Current Account Exodus At Troubled Co-op Bank

The troubled Co-op Bank has revealed it lost almost 30,000 current account customers in the first half of its financial year. The bank, which was forced to raise almost £2bn to plug a capital black hole last year, reported significantly lower losses...

18.56 | 0 komentar | Read More

Draghi: ECB Ready To Spur On Euro Economy

The boss of the European Central Bank (ECB) has revealed it is ready to do more to boost a shaky recovery in Europe. But Mario Draghi warned EU member governments they must still join in efforts to reduce unemployment, which remains stubbornly high....

18.56 | 0 komentar | Read More

Ecclestone Return Heralds New F1 Board Revamp

By Mark Kleinman, City Editor Formula One (F1) motor racing is preparing for further governance changes as the sport's boss, Bernie Ecclestone, retakes his boardroom seat following a £60m bribery trial settlement. Sky News understands that Lehman...

18.56 | 0 komentar | Read More

Current Account Exodus At Troubled Co-op Bank

The troubled Co-op Bank has revealed it lost almost 30,000 current account customers in the first half of its financial year. The bank, which was forced to raise almost £2bn to plug a capital black hole last year, reported significantly lower losses...

18.56 | 0 komentar | Read More

Draghi: ECB Ready To Spur On Euro Economy

The boss of the European Central Bank (ECB) has revealed it is ready to do more to boost a shaky recovery in Europe. But Mario Draghi warned EU member governments they must still join in efforts to reduce unemployment, which remains stubbornly high....

18.56 | 0 komentar | Read More

Ecclestone Return Heralds New F1 Board Revamp

By Mark Kleinman, City Editor Formula One (F1) motor racing is preparing for further governance changes as the sport's boss, Bernie Ecclestone, retakes his boardroom seat following a £60m bribery trial settlement. Sky News understands that Lehman...

18.56 | 0 komentar | Read More

Ecclestone Return Heralds New F1 Board Revamp

By Mark Kleinman, City Editor Formula One (F1) motor racing is preparing for further governance changes as the sport's boss, Bernie Ecclestone, retakes his boardroom seat following a £60m bribery trial settlement. Sky News understands that Lehman...

18.56 | 0 komentar | Read More

Current Account Exodus At Troubled Co-op Bank

The troubled Co-op Bank has revealed it lost almost 30,000 current account customers in the first half of its financial year. The bank, which was forced to raise almost £2bn to plug a capital black hole last year, reported significantly lower losses...

18.56 | 0 komentar | Read More

Draghi: ECB Ready To Spur On Euro Economy

The boss of the European Central Bank (ECB) has revealed it is ready to do more to boost a shaky recovery in Europe. But Mario Draghi warned EU member governments they must still join in efforts to reduce unemployment, which remains stubbornly high....

18.56 | 0 komentar | Read More

EDF Energy To Pay £3m Complaints Penalty

EDF Energy is the latest of the so-called "Big Six" suppliers to be slapped with a penalty for market failures. The regulator Ofgem said it had agreed to pay £3m to benefit vulnerable customers after its investigation found that the company...

18.56 | 0 komentar | Read More

Current Account Exodus At Troubled Co-op Bank

The troubled Co-op Bank has revealed it lost almost 30,000 current account customers in the first half of its financial year. The bank, which was forced to raise almost £2bn to plug a capital black hole last year, reported significantly lower losses...

18.56 | 0 komentar | Read More

Scottish Independence 'Risks Capital Flight'

Independence Vote: A View From The Boardroom Updated: 12:32pm UK, Friday 22 August 2014 A range of businesses and business leaders have spoken out ahead of next month's Scottish independence vote: :: Financial services giant Aegon would consider relocation...

18.56 | 0 komentar | Read More

Russia Denies Sanctions Revenge On McDonald's

Russia's food safety agency has denied it has closed four McDonald's restaurants in Moscow as an act of revenge for US sanctions. Rospotrebnadzor insisted there was no political motivation behind the decision to shut the burger chain's operations, saying...

18.57 | 0 komentar | Read More

UK Car Export Values 'Double In A Decade'

The resurgence of the UK's car industry has notched up another milestone - with export values more than doubling over the past decade. Industry figures released on Thursday showed that the average car exported was worth over £20,600 today compared to...

18.57 | 0 komentar | Read More