G4S Deal With Police Forces Collapses

Multimillion-pound plans by three police forces to outsource services to the firm at the centre of the Olympics security debacle have collapsed. Bedfordshire, Hertfordshire and Cambridgeshire police were working with G4S in a bid to save £73m by hiving...

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Nintendo Forecasts Fewer Games Console Sales

Games company Nintendo has cut sales forecasts for its flagship Wii U, 3DS and DS consoles. Its full-year sales forecast for the financial year to March 2013 is four million for the Wii U console, down from a previous estimate of five and a half million....

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Toyota Recall Over Airbag And Wiper Faults

Toyota has launched a global recall of more than one million cars, including those fitted with airbags that can be triggered inadvertently by electrical interference from other vehicles. It said a computer chip in the airbag control unit can malfunction...

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Spain GDP Shrinks For Sixth Straight Quarter

Spain has sunk even deeper into recession, according to latest figures. The struggling eurozone country saw its gross domestic product (GDP) shrink by 0.7% in the fourth quarter. The contraction was worse than expected and means Spain has now suffered...

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Exclusive: Ex-HMRC Head Joins HSBC Crime Fight

By Mark Kleinman, City Editor HSBC is to recruit a line-up of heavyweight figures including Britain's former top taxman to oversee a new effort to combat financial crime following the bank's $1.9bn settlement of money-laundering allegations late...

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Tax Deadline: 1.8m Still To File Returns

By Pete Norman, Sky News Online Nearly two million people have still to file their self-assessment tax returns before tomorrow's deadline, Sky News has learned. Although a total of 8.8 million returns have so far been filed, a further 1.8 million...

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Fuel Prices: Cost At Pump 'Is Fair'

The road fuel sector is "working well" according to a report into the UK's £47bn market by the Office of Fair Trading (OFT). The regulator said high prices at the pumps were a result of increasing crude oil prices and taxes - not a lack of competition....

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US Economy Shrinks For First Time In Three Years

The US economy shrank in the last quarter of 2012, the first contraction in more than three years. The Commerce Department said the economy shrank at an annual rate of 0.1% in the fourth quarter. It was a stark contrast to the 3.1% growth rate recorded...

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Women In The Boardroom: Cable Wants Answers

Vince Cable has asked the seven top companies with all-male boards to explain what measures they are taking to hire female executives. The business secretary wrote a letter to the chairmen and chief executives of the last FTSE 100 companies without...

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AA And Saga Owner Speeds Up £4bn Debt Talks

By Mark Kleinman, City Editor The owner of the AA breakdown recovery service is accelerating talks about a refinancing of its £4bn debt pile, a move that would stall a disposal of either of its prominent operating businesses. I understand that...

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