It's A Doddle: Retail Firm Creates 3,000 Jobs

By Mark Kleinman, City Editor The founder of Travelex will announce plans this week to create 3,000 jobs through a new joint venture targeting Britons' fast-growing demand for click-and-collect retail services. Sky News understands that Lloyd Dorfman...

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Zoopla Valued At £919m As Flotation Starts

Property website Zoopla had a market value of £919m following its share sale. The firm - majority owned by Daily Mail And General Trust - said ahead of conditional trading that shares would be priced at 220p each in the Initial Public Offering...

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Morrisons Plans 2,600 Job Cuts In Shake-Up

Morrisons has confirmed plans for 2,600 job cuts as the loss-making supermarket chain battles falling sales and market share. A statement detailing the changes said the losses, representing 2% of its workforce, would result from cutting tiers of in-store...

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'Supermarket Price War' Helps Inflation Ease

The first annual fall in food prices since 2006 has helped the rate of inflation tumble to a four-and-a-half year low of 1.5%. The Office for National Statistics (ONS), which also published figures highlighting further gains for UK house prices, said...

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Amazon To Reveal '3D Smartphone' Today

Smile! Hundreds Of New Emojis To Be Released Updated: 10:23am UK, Tuesday 17 June 2014 They say a picture paints a thousand words - now there are going to be 250 more to choose from when you send a text. A major release of new Emojis - the symbols...

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MPs Warn Of 'Taxpayer Risks' From Help To Buy

The Government has dismissed a study by MPs which found the first part of its Help to Buy scheme poses a long-term risk to the taxpayer. The Public Accounts Committee (PAC) said the policy - under which Government equity loans finance as much as 20%...

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Energy Firms Feel Heat On Customer Complaints

Complaints against the so-called 'Big Six' energy providers have reached their highest quarterly level on record, as they face separate demands to cut bills. Which? reported a 15% spike in gripes between January and March on the same period last year...

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F1 Board Shake-Up As Fund Manager Quits

By Mark Kleinman, City Editor The parent company of Formula One (F1) motor racing is poised to conduct a boardroom reshuffle involving the exit of one of Wall Street's most respected fund managers. Sky News understands that Ryan Caldwell, a top...

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Nokia 'Blackmailed For Millions Of Euros'

Nokia paid several million euros to criminals who threatened to sabotage its smartphone operating system, it has been reported. It was claimed in a local TV report that the Finnish phone giant left the cash in a car park for the blackmailers to collect...

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Bank Of England 'Closer To Rate Rise Move'

The Bank of England's interest rate-setters were surprised that the financial markets had not priced in a rise this year, it has emerged. Minutes of the latest meeting of the Monetary Policy Committee (MPC) showed that while there was no support on...

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