Household Spending Up But Families Get Less

The average UK household spent £483.60 a week in 2011 - the highest amount ever recorded by the Office for National Statistics (ONS). Last year's level was £10 higher than in 2010, due in part to increases in transport and housing costs. However, although...

00.12 | 0 komentar | Read More

Sir Philip Green Sells Topshop Stake

By Mark Kleinman, City Editor Sir Philip Green, the high street billionaire, is to sell a chunk of his burgeoning Topshop empire to outside investors in a move that will cement his reputation as one of Britain's most successful businessmen. I can...

00.12 | 0 komentar | Read More

Ex-FSA Chief Sants In Talks With Deloitte

By Mark Kleinman, City Editor The former chief executive of the Financial Services Authority (FSA) risks igniting a conflict of interest row by entering negotiations about a job with Deloitte, the accounting firm, just months after he left the City...

00.12 | 0 komentar | Read More

Tesco Confirms It Could Pull Out Of US

Tesco has confirmed a review of its loss-making US operations with "all options under consideration" as it attempts to convince the City on its wider turnaround plans. The move, which was exclusively revealed by Sky's City Editor Mark Kleinman last...

00.11 | 0 komentar | Read More

TV Manufacturers Fined For Price Fixing

Six television manufacturers have been fined a record 1.47bn euros (£1.2bn) by EU competition regulators for fixing the price of a key component. Philips, LG Electronics and Samsung SDI are among those firms affected by the case, which examined the...

00.11 | 0 komentar | Read More

Starbucks Close To Deal On Paying More Tax

By Mark Kleinman, City Editor Starbucks will try to end the damaging row over its UK tax affairs by striking a deal with the Government that it believes will involve paying a comparable level of corporation tax to Costa Coffee, the British-based...

00.11 | 0 komentar | Read More

Olympic Stadium: West Ham Poised To Take Over

West Ham United are poised to win the battle for the Olympic stadium after being named as "first ranked" bidder to take over the venue. The London Legacy Development Corporation board (LLDC) unanimously made the decision in favour of the Premier League...

00.11 | 0 komentar | Read More

Autumn Statement: The Key Points At A Glance

The main measures and forecasts from the Chancellor George Osborne in his Autumn Statement: :: Most working age benefits, including Jobseeker's Allowance, will rise by 1% in each of the next three years. Changes to welfare "save £3.7bn by 2015/16"....

00.11 | 0 komentar | Read More

Exclusive: Ministers Target Early Royal Mail Sale

By Mark Kleinman, City Editor The Government is mulling the sale of a stake in Royal Mail before it presses the button on a stock market listing valuing the company at several billion pounds. I understand that Royal Mail executives have raised...

00.11 | 0 komentar | Read More

Autumn Statement: Fuel Duty Hike Is Scrapped

Autumn Statement's Important Bits Updated: 3:48pm UK, Wednesday 05 December 2012 By Ed Conway, Economics Editor The Autumn Statement is what the Treasury likes to call a "fiscal event", the rough translation of which is that although this isn't...

00.11 | 0 komentar | Read More