TweetDeck: Twitter's UK Firm Shut By Regulator

By Pete Norman, Sky News Online A British company bought by Twitter for a reported £25m has been shut down by the business regulator after it failed to file its accounts, Sky News has learned. The official message of TweetDeck's demise TweetDeck...

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HSBC Almost Doubles First Quarter Profits

London-listed HSBC has almost doubled its first quarter profits following a big fall in costs and bad debts. It reported a pre-tax profit of $8.4bn (£5.4bn) for the period, up from $4.3bn a year ago, with Europe's biggest bank showing the benefit of...

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Exodus Gathers Pace At RBS Investment Arm

By Mark Kleinman, City Editor The exodus of senior executives at Royal Bank of Scotland's (RBS) investment banking arm is poised to accelerate as pressure mounts on the state-backed lender to strengthen its capital base and refocus on its home UK...

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Unauthorised Apps 'Costing Parents £30m'

Children buying unauthorised apps have cost parents around £30m, a study suggests. The survey found youngsters using smartphones or tablets increase families' average monthly charges by around £34, with more than a quarter of parents (28%) hit by inflated...

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Dow Average Closes Over 15,000 For First Time

The Dow Jones industrial average has reached another milestone after closing above 15,000 for the first time in its 117-year history. Keeping pace with global markets, the Dow rose 87 points on Tuesday - a gain of 0.6% - before closing at 15,056. It...

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Easter Timing And Cold Hit Retailers In April

The cold weather and the timing of Easter hit retail sales across the board last month - falling at their fastest rate for a year. The British Retail Consortium (BRC) said retail sales values were down 2.2% on a like-for-like basis from April 2012....

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Sainsbury's Annual Profits Fall 1.4% To £788m

The boss of Sainsbury's has told Sky News he has a "few more years" in him at the helm of the supermarket chain despite the appointment of headhunters tasked with identifying his successor. Justin King was speaking after Sainsbury's confirmed a slight...

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Europe Business Group Steps UP FTT Warning

By Mark Kleinman, City Editor A European business lobbying group whose members include Britain's CBI has delivered a fresh broadside against Europe's planned financial transactions tax (FTT), saying it will damage competitiveness and undermine the...

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Queen's Speech: Immigration Curbs Dominate

New measures to tackle immigration were among the Government's priorities outlined in this year's Queen's Speech. In its legislative programme for the year ahead, the coalition also set out plans to cap bills for social care, introduce a flat-rate pension,...

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China 'Baby Milk Runners' Probe Ordered

A baby milk trafficking investigation has been launched into networks which are bulk-buying formula and shipping it to China where it is sold at premium prices. The Dutch government has ordered a probe into persistent shortages of certain brands of...

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