M&S Extends Clothing Sale Amid Poor Trading

By Mark Kleinman, City Editor Marks & Spencer (M&S) is to extend heavy discounting on clothing into a second day on Sunday as it attempts to drive sales during the most crucial period of its trading year. Sky News has learnt that the high...

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Christmas Debts 'Won't Be Cleared Until June'

The average family is going to take on debts this Christmas that will take until June to pay off, it has been claimed. The Trades Union Congress has carried out research that shows that the typical family will add £685 to its borrowing by the time the...

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Christmas Shoppers To Spend £12bn In Four Days

By Emma Birchley, Sky News Reporter Shoppers are expected to spend £12bn in just four days as they make the most of slashed prices and promotions, according to retail forecasters. The deals are being offered as a fierce battle for sales rages both...

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Tobacco Boss Quits Helm Of Silk Cut-Maker

By Mark Kleinman, City Editor The executive who orchestrated Japan's biggest-ever takeover of a British company has quit his role at the helm of the manufacturer of Benson & Hedges and Silk Cut. Sky News has learnt that Pierre de Labouchere,...

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Cable Attacks PM Over 'Immigration Panic'

By Darren McCaffrey, Political Reporter Business Secretary Vince Cable has accused the Prime Minister of panicking on the issue of immigration and comparing that panic to the notorious 'Rivers of Blood' speech made by Enoch Powell. Referring to...

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Apple Strikes iPhone Deal With China Mobile

Apple has finally secured a deal to bring the iPhone to China Mobile, the world's biggest network, opening the door to a massive sales boost. The state-owned network has more than 750 million subscribers. The latest iPhone 5S and 5C will go on sale...

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British Airways Plane 'Crash' In Johannesburg

A British Airways plane has crashed into a building at Johannesburg Airport in South Africa. The aircraft, carrying 182 passengers, sliced its wing through the building while taxiing on the runway, BA confirmed. Posting on Twitter, the airline said:...

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SFO Investigates Rolls-Royce Bribery Claims

The Serious Fraud Office (SFO) has started a formal investigation into bribery and corruption allegations at Rolls-Royce. The claims first came to light a year ago when the SFO ordered the world's second-largest maker of aircraft engines to conduct...

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Weather Damages 'Biggest Xmas Shopping Day'

A predicted high street spending spree dubbed 'Manic Monday' has largely failed to materialise, with strong winds and heavy rain combining to force late-Christmas shoppers indoors. Analysts had expected 15 million people to take to stores, spending...

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M&S Says Sorry Over Alcohol Refusal

Marks & Spencer has apologised after a Muslim member of staff refused to sell a customer alcohol. The retailer said that where employees have religious beliefs that restrict what foods or drinks they can handle, it tries to place them in a "suitable...

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