Chinese Insurer Swoops On Canary Wharf Tower

By Mark Kleinman, City Editor A state-owned Chinese insurance group is in talks to acquire the headquarters of Clifford Chance, the law firm, providing further evidence of the strength of London's commercial property market. Sky News has learnt...

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David Beckham: Miami Rejects New Stadium Plan

David Beckham has suffered a major setback in his plans to set up a football team in Miami after a second proposed stadium site was rejected. The former Manchester United idol and England captain wanted to build an arena over an old boat dock in the...

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Black Cab Demo Causes Central London 'Gridlock'

Parts of central London have been left gridlocked after thousands of black cab drivers took industrial action at Trafalgar Square. Up to 12,000 black cabs headed to the centre of the capital with the intent of causing traffic chaos. Helicopter footage...

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Apple Among Firms In EU Tax Deal Probe

Tax deals involving Apple, Starbucks and Fiat are facing an EU probe over allegations they amounted to state aid worth billions of pounds. The development follows a move by the EU's competition authorities last year to gather information on corporate...

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Star Wars Film 'Shows Force Is Strong With UK'

By Jon Craig, Chief Political Correspondent George Osborne has hailed the decision to film another Star Wars movie in the UK starting next year, thanks to his tax breaks for the movie industry. The Chancellor has visited Pinewood Studios, where...

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Payday Loans: Borrowers 'Paying Too Much'

A lack of price competition means payday loan customers may be paying too much to borrow, according to an investigation. In preliminary findings, the Competition and Markets Authority (CMA) calculated that consumers were forking out up to £10 over the...

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Start-Up Firm Mining Gold From Unwanted PCs

A start-up company is offering to turn old unwanted electronics into solid gold. Discarded computers and other electronic devices contain amounts of precious metals like gold and silver. One tonne of circuit boards, for example, has 40 to 800 times...

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Unemployment Falls But Wage Growth Shrinks

A sharper than expected fall in the unemployment rate has been marred by figures showing that wages are not rising in line with the improving economy. In figures released by the Office for National Statistics (ONS), the jobless total fell 161,000 to...

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Amazon Hit By Living Wage Protest On Website

Amazon has taken down a page on its own website created by campaigners demanding a living wage for the company's UK staff. The online retailer, which has faced protests and even strikes among its fulfilment centre workers globally in the past, acted...

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Lustman In Talks To Join Fashion Chain Hobbs

By Mark Kleinman, City Editor A clothing chief at John Lewis is in talks to take the helm at Hobbs, the private equity-backed fashion chain. Sky News understands that Meg Lustman, who is due to leave the department store chain when her interim...

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