HS2 Challenges Rejected By Court Of Appeal

By Tom Parmenter, Sky News Correspondent Campaigners have vowed to fight on after the Court of Appeal rejected their latest challenges to the Government's HS2 high-speed rail project. Objectors including 15 councils and residents' associations...

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RBS Fined £5.6m Over Accounting Failures

The Royal Bank of Scotland has been fined £5.6m by the City regulator for incorrectly and sometimes failing to report transactions made in wholesale markets. The Financial Conduct Authority (FCA) said RBS failed to properly report 44.8 million transactions...

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US Interviews London Trader In Libor Probe

By Mark Kleinman, City Editor A City-based trader was questioned by American regulators in London earlier this month as US authorities stepped up a series of probes into the global Libor rate-rigging scandal. Sky News understands that the unnamed...

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BMW Takes Stake In British Electric Car Firm

By Mark Kleinman, City Editor The German automotive giant BMW is to buy a stake in the British company which produces and installs half of the UK's charging points for electric cars. Sky News can reveal that BMW, which manufactures some of the...

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GSK: We Are Also A Victim Of China Fraud

By Tadhg Enright, Business Reporter The boss of GlaxoSmithKline has said that Britain's biggest drugs company was itself a victim of an alleged fraud by four of its China based employees who are accused of bribing doctors with cash and sexual favours....

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Vince Cable In Bank Of England 'Taliban' Jibe

The Business Secretary has stoked up tension with the Bank of England by comparing its policymakers to the Taliban over restrictions imposed on banks. Vince Cable believes that the BoE's demands that banks must boost the levels of capital they hold...

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Kevin McGeever In Fake Hostage Claim

An Irish property tycoon charged with falsely alleging he was kidnapped and held hostage after he vanished for eight months, cannot afford to post bail, a court hears. Kevin McGeever, who once sold homes from an international portfolio in Dubai, has...

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Network Rail Chief Higgins Poised To Quit

By Mark Kleinman, City Editor Network Rail is kicking off a hunt for a successor to its chief executive as it finds itself embroiled in a fresh row over punctuality targets and executive bonuses. Sky News has learned that Sir David Higgins, who...

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All FTSE 350 Firms 'At Risk Of Cyber Attack'

Every British company in the FTSE 350 list is vulnerable to cyber attacks from so-called economic terrorists which puts national security at risk, experts have warned. The top firms on the London Stock Exchange are leaking crucial data that could be...

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Jane Austen To Be On £10 Notes From 2017

The novelist Jane Austen will be the new face of £10 notes from 2017, the Bank of England has said as the design was revealed. Campaigners hailed the move as "a brilliant day for women". Austen, who wrote the aptly titled Persuasion, often poked gentle...

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