Nike Ends Manchester United Sponsorship Deal

Sportswear giant Nike has decided not to renew the kit deal for Manchester United after next season. The American company has supplied the Old Trafford club since 2002 when it replaced Umbro in a lucrative deal which has cost Nike around £24m a season....

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Celebrities Among Hundreds Who 'Avoided Tax'

Several names from the world of showbiz have been accused of hiding their money in an aggressive tax avoidance scheme. George Michael, Sir Michael Caine and Katie Melua all invested in the Liberty tax strategy, according to a report in The Times newspaper....

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Moulton In Talks Over Unipart Rescue Deal

By Mark Kleinman, City Editor The City financier Jon Moulton is in talks to rescue Unipart Automotive, Britain's biggest independent car parts supplier, in a deal that could save more than 1,500 jobs. Sky News can reveal Better Capital, the investment...

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House Price Growth 'Begins To Stabilise'

Further evidence has emerged that the housing market is beginning to stabilise amid tougher mortgage affordability rules and warnings of looming rate rises. The latest house price study, conducted by Halifax, reported a 0.6% fall in average costs month-on-month...

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RAC Owner Carlyle Holds Talks About £2bn Sale

By Mark Kleinman, City Editor The owners of the RAC roadside recovery service have been holding secret talks about a £2bn sale in the wake of a modest stock market debut by the AA, its main rival. Sky News has learnt that Carlyle, the private equity...

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Shop Prices Fall At Steepest Rate Since 2006

The prices of goods in UK stores fell for a 14th consecutive month in June and at their steepest level since December 2006. The calculation - in the latest British Retail Consortium/Nielsen shop price index - showed deflation hit 1.8% in the month from...

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BlackBerry Unveils Bizarre Square Smartphone

Muscled out of the smartphone market by iPhone, Android and Samsung, BlackBerry has rolled the dice on its latest product and come up with a square phone. The Canadian firm has unveiled more details about the unusual device called the Passport, which...

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Syria 'Likely' Used UK Chemicals To Make Sarin

Chemicals exported by British firms to Syria in the 1980s are likely to have been used to make the nerve agent sarin, the Foreign Secretary has said. In a written statement to MPs, William Hague said a review of records showed a number of companies...

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MPs To Fuel Royal Mail Sale Row In New Report

By Mark Kleinman, City Editor The controversy over the £3.3bn privatisation of Royal Mail will be reignited this week when MPs criticise Vince Cable and the body responsible for state-owned assets over their handling of the sale. Sky News has learnt...

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Bomb Fears: 'Charge All Gadgets' For UK Flights

Airlines To Scrutinise Smartphones Amid Threat Updated: 8:12am UK, Friday 04 July 2014 Airlines with direct flights to the US have been told to tighten their screening of mobile phones amid fears terrorists could use them in bomb attacks. US officials...

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