Belgium Nuclear Reactors Shut Over Cracks

Two Belgian nuclear reactors may have to be shut down permanently after cracks were found in their core tanks. Production at the Tihange 2 and Doel 3 sites was halted in March for tests after inspectors discovered irregularities in the strength of the...

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Self-Employment 'Is A Ticking Time Bomb'

The rise of self-employed workers risks a 'pension ticking time bomb' for blue collar workers, a union has warned. Construction industry union Ucatt told Sky News of its fears as newly-released official figures show the rising number of self-employed...

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Carillion Ends Balfour Beatty Merger Chase

Carillion says it is no longer pursuing a merger with Balfour Beatty after the construction firm rejected a third offer. Carillion, which sweetened its all-share approach on Tuesday, valuing its rival at £2.1bn, said in a statement: "The Board of Balfour...

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Inflation Drops More Than Expected In July

The two measures of UK inflation have dropped more than expected in July, prompted by discounting on the high street. According to official data, the Retail Prices Index (RPI) stood at 2.5% and the Consumer Prices Index (CPI) was 1.6%. Economists had...

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Twitter 'To Remove Gory Photos Of Death'

Twitter has said it will remove images and videos of dead people at the request of immediate family members. In a crackdown on gory and upsetting photographs on the service, Twitter said it would consider removing images of deceased individuals taken...

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Standard Chartered Fined $300m For Lax Controls

UK-based Standard Chartered bank is to pay $300m (£180m) to US regulators over its failure to improve anti-money laundering provisions and stop financial crime. The agreement with New York's Department of Financial Services (DFS) follows the bank's...

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Ministers Face New Royal Mail Sell-Off Row

By Mark Kleinman, City Editor Ministers considered selling the Government's entire stake in Royal Mail when the shares were trading close to their post-privatisation peak earlier this year - but decided against doing so because it risked antagonising...

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Argentina's New Law To Dodge Debt Default

Argentina has unveiled new legislation aimed at skirting a US ruling, after it defaulted on payments to large hedge funds. President Cristina Fernandez de Kirchner unveiled a plan that seeks to push bondholders to swap defaulted debt for new notes governed...

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Two BoE Members Wanted Interest Rate Rise

Looking Into the Interest Rate Crystal Ball Updated: 12:43pm UK, Wednesday 20 August 2014 By Ian King, Business Presenter It is certainly dramatic news, on the face of it, that two members of the Bank of England's Monetary Policy Committee (MPC)...

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Carlsberg Goes Flat As Russian Sanctions Hit

Carlsberg has issued a profit warning after sanctions against Moscow hit its vast Russian lager market. The Danish brewer currently controls 38% of the lager sector in Russia, and said it expects a further deterioration in sales as the year progresses....

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