Lloyds Shares Sale: Taxpayers 'Lost £230m'

Taxpayers took a £230m hit from the sale of a 6% chunk of Lloyds Banking Group shares to the private sector, says a National Audit Office (NAO) report. The figure appears to undermine a claim at the time by Chancellor George Osborne that the share...

00.11 | 0 komentar | Read More

Plastic Notes Issued In UK From 2016

Plastic banknotes are to be issued for the first time when the new £5 featuring Sir Winston Churchill appears in 2016. A £10 note featuring Jane Austen to follow around a year later will also be made from polymer rather than the cotton paper currently...

00.11 | 0 komentar | Read More

Debenhams Hits Suppliers With 'Santa Tax'

Debenhams has told suppliers they will be paid 2.5% less for their goods to fund expansion plans - just eight days before Christmas. The department store wrote to key suppliers of its own-brand wares explaining they would take the money from their accounts,...

00.11 | 0 komentar | Read More

Bitcoin Value Slumps Amid China Restrictions

The virtual currency Bitcoin has dramatically fallen in value after China's biggest trading platform banned deposits in yuan. BTC China said the action follows new regulations from Beijing, which keeps a tight grip on the yuan and enforces capital controls,...

00.11 | 0 komentar | Read More

New Runways For Gatwick And Heathrow Airports

Building a controversial third runway at Heathrow airport has been shortlisted as one of the options for expansion by the Airports Commission in its first report. The interim findings of an independent inquiry led by the former head of the Financial...

00.11 | 0 komentar | Read More

Fracking Plans For Two-Thirds Of England

Two-thirds of England could be opened up to the highly controversial process of fracking under a Government-backed drive for shale gas. Energy firms will be given the chance to bid for licences to drill across every county, apart from Cornwall, including...

00.11 | 0 komentar | Read More

Metro Bank Chairman Hill Cuts Stake In Lender

By Mark Kleinman, City Editor The founder and chairman of Metro Bank has reduced his stake in Britain's first new high street lender for more than a century as part of a £385m fundraising. Sky News has obtained documents circulated among Metro...

00.11 | 0 komentar | Read More

Jobless Fall Raises Chance Of Interest Rate Rise

A big fall in the number of unemployed has raised the prospect of interest rates rising much earlier than expected. The latest official figures showed 99,000 fewer people were jobless in the three months to October while the number in work topped 30...

00.11 | 0 komentar | Read More

Hinkley Point Nuclear Deal With EDF Faces Probe

An inquiry has been launched into whether a £16bn government deal with French energy giant EDF to build a nuclear plant in the UK meets EU rules. Britain has agreed to subsidise the project to build two reactors at Hinkley Point C in Somerset,...

00.11 | 0 komentar | Read More

Facebook And Banks To Face IPO Lawsuit

Facebook, its CEO and several banks must face a lawsuit over alleged misleading of investors ahead of the company's initial public offering, a judge has ruled. Mark Zuckerberg and dozens of banks are accused of misleading investors about the social...

00.11 | 0 komentar | Read More