GSK To Name RBS's Hampton As Next Chairman

By Mark Kleinman, City Editor GlaxoSmithKline (GSK), Britain's biggest pharmaceuticals company, will this week name Sir Philip Hampton as its next chairman, just days after it was fined nearly £300m for bribery by Chinese authorities. Sky News...

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Pubs And Bars Slash Prices In VAT Cut Campaign

Thousands of pubs, bars and restaurants will slash their prices today as part of a campaign to cut VAT. Tax Equality Day - which will see 15,000 establishments reduce the price of food and drink by 7.5%, has been launched to show the benefits of cutting...

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BlackBerry Launches Square 'Passport' Phone

Struggling BlackBerry has pinned its hopes on a new smartphone with a large square screen. The Passport device was unveiled in Toronto, Canada, and its unconventional design features a touch-sensitive tactile keyboard alongside a 4.5-inch square HD...

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24-Hour Tube Launch Date Is Revealed

London's Tube trains are set to operate a 24-hour service at weekends from September 12 next year, it has been announced. Night-time journeys in the capital are expected to be cut by 20 minutes on average, with some journeys expected to be reduced by...

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Ed Miliband Forgets To Mention The Deficit

Ed Miliband is facing criticism after he forgot to mention the deficit during his 66-minute speech to the Labour Party conference. In his last party conference speech before the General Election, the Labour leader set out his intention to put the NHS...

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Prezza In Chuka Umunna 'Chumbawamba' Jibe

Former deputy prime minister Lord Prescott has mocked the shadow business secretary Chuka Umunna, referring to him as "Chumbawumba". During the Labour Party Conference, Lord Prescott was asked for his view on the new generation of Labour politicians...

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Trinity Mirror Agrees To 10 Hacking Payouts

Trinity Mirror is to pay compensation to ten celebrities over alleged phone hacking - acknowledging its involvement in the practice for the first time. The publisher of titles including the Daily Mirror and Sunday People admitted liability to four people...

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Bitcoin Computers 'Useful Only As Heaters'

They were marketed as supercomputers that could mine valuable Bitcoins - but the US government says they were useful only as room heaters. The Federal Trade Commission (FTC) is moving to shut down Butterfly Labs in Missouri, claims they deceptively...

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Car Insurance: New Rules To Reduce Costs

A regulator has published new rules it hopes will boost competition to help bring down the cost of premiums in the UK's £11bn private motor insurance market. The clampdown may knock up to £20 off a typical bill under the Competition and Markets Authority's...

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iPhone 6 Plus Reportedly Bends In Tight Pockets

Apple's new iPhone 6 Plus may bend substantially if put into a tight pocket for a prolonged period of time, some users claim. A record 10-million units of it and the smaller iPhone 6 were sold within two days of the Friday launch, but some users have...

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