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  • New FA Boss Is Wolves Fan With Snack Background

    The Football Association (FA) has appointed the boss of United Biscuits, Martin Glenn, to the role of chief executive. Its statement said: "He came to prominence during his time at Walkers Snack Foods in 1992, enlisting England’s second greatest goal scorer of all time, Gary Lineker, to play a key promotional role in his …

  • Pensioner Giveaway: Battle For The Grey Vote Sky News - 1 hour 16 minutes ago
    Pensioner Giveaway: Battle For The Grey Vote

    A quick Google (Xetra: A0B7FY - news) of "Ed Miliband on universal pensioner benefits" and the search results quickly suggest that Labour has been questioning their merit for some time. "Ed Miliband: Labour will review pensioner benefits," reads a Daily Telegraph article from 2013. "Labour considers curbs on universal …

  • Club Med Owner Takes 5% Thomas Cook Stake Sky News - 2 hours 5 minutes ago
    Club Med Owner Takes 5% Thomas Cook Stake

    The new Chinese owner of Club Med (Paris: FR0000121568 - news) has taken a 5% stake in Thomas Cook (Xetra: A0MR3W - news) to begin a "strategic partnership". The investment by Fosun, which bought French resort firm Club Med only weeks ago, is aimed at giving both Fosun and Thomas Cook access to new markets - with Thomas …

  • Osborne 'Regrets' Lack Of Radical RBS Reform Sky News - 2 hours 43 minutes ago
    Osborne 'Regrets' Lack Of Radical RBS Reform

    The Chancellor has admitted he regrets not beginning a radical restructuring of Royal Bank of Scotland (LSE: RBS.L - news) (RBS) following the last General Election. George Osborne also told the Financial Times he would look to "get rid of" the taxpayer's "massive" 80% stake following the coming election, should he remain …

  • New Parking Ticket Rules End 'War On Drivers'

    Other measures in the Deregulation Bill include a right for residents and local firms to demand their council reviews parking in their area. CCTV camera cars that automatically issue parking fines are to be made illegal - apart from in areas near schools and in bus lanes. Communities Secretary Eric Pickles said: "We are …

  • Dozens Remain In Millionaires' Ranks At RBS

    The state-backed Royal Bank of Scotland (LSE: RBS.L - news) (RBS) will disclose on Friday that it paid dozens of employees at least £1m last year, just days after reporting a £3.5bn annual loss. Sky News understands that the lender will publish figures showing that the number of staff earning more than the £1m sum fell …

  • UK Firm Develops Search Engine For Dark Web

    The dark net and the deep web are sometimes called the parts of the internet that you cannot Google (Xetra: A0B7FY - news) . Alistair Paterson, CEO of Digital Shadows, demos the tech in the corner room of his company’s 42nd-floor office in Canary Wharf. “Basically, it’s a Google for Tor,” he explains. DARPA, the experimental …

  • #BudgetRapBattle: Leaders Rap The Budget

    Chancellor George Osborne will announce his last Budget before the May General Election on 18 March. As political leaders prepare to do battle over the nation's financial future, Sky News has produced ...

  • Silver Cross Tycoon Eyes Pre-Election Deal

    The entrepreneur who rescued Silver Cross, one of Britain's best-known pram-makers, is in talks about a share sale that would net him a multimillion pound windfall. Sky News understands that Alan Halsall, who bought the company out of administration in 2002, is negotiating with a number of investment funds about a transaction …

  • ECB Starts QE Funding Amid Greek Warning

    The European Central Bank is to start buying government debt as part of its stimulus package within the week. ECB president Mario Draghi said its new €1.1tn (£796bn) quantitative easing programme would commence purchases on March 9.

  • UK Regulator Fights Brussels On £10bn O2 Deal

    British competition watchdogs are fighting a rearguard action against Brussels in a bid to scrutinise a Hong Kong tycoon's £10.25bn takeover of O2, the UK's second-biggest mobile phone network. Sky News has learnt that officials from the Competition and Markets Authority (CMA) are lobbying the Government and European counterparts …

  • SFO Launches Investigation Into Crash Cash

    The Serious Fraud Office is investigating material from the Bank of England over cash injections into the money market during the height of the financial crisis. That inquiry was conducted by Lord Grabiner and its findings were referred to the Serious Fraud Office (SFO) on 20 November. The Bank of England (BoE) confirmed …

  • petrol

    Motorists in rural areas are set to enjoy discounted prices at the pumps. The EU-approved measure allows forecourts to claim back up to 5p a litre on diesel and unleaded duty, while passing on the discount to motorists. Motorists in the areas currently face higher pump prices because of extra transportation costs and …

  • SFO Launches Investigation Into Crash Cash

    The Serious Fraud Office has launched an investigation into how the Bank of England injected cash into the money market during the height of the financial crisis. That inquiry was conducted by Lord Grabiner and its findings were referred to the Serious Fraud Office (SFO) on 20 November. The Bank of England (BoE) confirmed …

  • Bank Of England Under Investigation Over Crash Sky News - Thu, Mar 5, 2015 10:05 GMT
    SFO Launches Investigation Into Crash Cash

    The Serious Fraud Office has launched an investigation into how the Bank of England injected cash into the money market during the height of the financial crisis. That inquiry was conducted by Lord Grabiner and its findings were referred to the Serious Fraud Office (SFO) on 20 November. The Bank of England (BoE) confirmed …

  • Zuckerberg Reveals His One Rule When Hiring Sky News - Thu, Mar 5, 2015 09:17 GMT
    Zuckerberg Reveals His One Rule When Hiring

    Facebook boss Mark Zuckerberg has revealed the one rule he uses when hiring staff. Facebook is one of the toughest technology companies to get hired by because it has a relatively small staff compared with other Silicon Valley firms. Mr Zuckerberg said: "The most important thing is to keep your team as small as possible. …

  • Heathrow Row Over Exchange Of Currency Firms Sky News - Thu, Mar 5, 2015 02:05 GMT
    Heathrow Row Over Exchange Of Currency Firms

    Heathrow Airport has become embroiled in a bizarre commercial row over the withdrawal of one of the UK's biggest providers of foreign exchange services. Sky News understands that Moneycorp, which is backed by the private equity firm Bridgepoint, is to leave Heathrow, the UK's busiest travel hub, in June, just 14 months …

  • Eurostar Stake Sale Raises £757m For Treasury Sky News - Wed, Mar 4, 2015 18:46 GMT
    Eurostar Stake Sale Raises £757m For Treasury

    The Government has confirmed its stake in Eurostar is to be sold to a consortium of British and Canadian pension and infrastructure funds, raising almost £760m. The Chancellor George Osborne said the sale, reported by Sky News on Tuesday night , represented a "fantastic deal" for the taxpayer and the money would be used …

  • Canadians Asked To Stop 'Spocking' Bank Notes Sky News - Wed, Mar 4, 2015 15:31 GMT
    Canadians Asked To Stop 'Spocking' Bank Notes

    Canadians have been asked to stop drawing Leonard Nimoy-inspired Mr Spock pictures on their $5 bank notes. For years, fans of the famous Star Trek character have been scribbling on the face of former PM Wilfrid Laurier - Canada's first Francophone prime minister - on $5 banknotes.

  • NAB Woos Investors For Yorkshire Bank Float Sky News - Wed, Mar 4, 2015 13:16 GMT
    NAB Woos Investors For Yorkshire Bank Float

    National Australia Bank (NAB) is beginning to court investors ahead of a possible flotation of its UK operations, intensifying competition for capital amid a slew of listings of British lenders. Sky News understands that NAB has organised a series of so-called 'pilot-fishing' meetings with institutions for this month as …

  • Women Retire With Half The Pension Pot Men Get Sky News - Wed, Mar 4, 2015 13:05 GMT
    Women Retire With Half The Pension Pot Men Get

    Many women retiring now have lost out because they chose to stay at home to raise their children instead of returning to work

  • UK Wins ECB Euro Clearing Court Fight Sky News - Wed, Mar 4, 2015 12:57 GMT
    UK Wins ECB Euro Clearing Court Fight

    The Government has won a legal challenge to a European Central Bank (ECB) decision which potentially threatened thousands of jobs in the City of London (LSE: CIN.L - news) . The EU's General Court ruled the ECB was wrong to insist that euro clearing house work should be based in a single currency member state. The ECB …

  • ScottishPower Sales Ban For Complaint Failure Sky News - Wed, Mar 4, 2015 11:23 GMT
    ScottishPower Sales Ban For Complaint Failure

    ScottishPower has been handed a 12-day sales ban for failing to meet targets on handling customer complaints. Ofgem found the supplier had failed to remove a backlog of outstanding Energy Ombudsman decisions by a November deadline. It said: "Customers were experiencing long call waiting times, receiving late bills and …

  • Amazon 'Free Trial' Advert Banned By Watchdog Sky News - Wed, Mar 4, 2015 10:40 GMT
    Amazon 'Free Trial' Advert Banned By Watchdog

    A regulator has banned a direct mailing advert offering a "free trial" of Amazon's Prime delivery service, ruling it misled consumers on subscription fees. The decision by the Advertising Standards Authority (ASA) followed complaints a card offering a "30-day free trial" was not sufficiently clear that a paid subscription …

  • US Govt Put Apple Users At Risk Of Hacking Sky News - Wed, Mar 4, 2015 09:58 GMT
    US Govt Put Apple Users At Risk Of Hacking

    Millions of Apple (NasdaqGS: AAPL - news) and Android users have been vulnerable to hackers for years because of a security flaw caused by the US government, researchers say. The vulnerability - known as 'FREAK attack' - has been blamed on a government policy abandoned more than a decade ago which forced US software makers …

  • Women Face Poorer Retirement, Research Shows Sky News - Wed, Mar 4, 2015 08:43 GMT
    Women Retire With Half The Pension Pot Men Get

    A new report has revealed the scope of the gender disparity in pension savings and income. Funding retirement remains a significant challenge for many women. According to the annual State of Retirement report by LV=, women who have occupational or private pensions reach retirement with pots worth on average £107,000. …

  • Taxpayers To Meet £30m Bill For UK Coal Staff Sky News - Tue, Mar 3, 2015 22:49 GMT
    Taxpayers To Meet £30m Bill For UK Coal Staff

    Taxpayers are poised to fund a multimillion pound bill to help workers at two of the UK's remaining deep coal mines as part of preparations for their closure, ministers are expected to disclose this week. Sky News understands that the Government will propose amendments to the Small Business Bill to facilitate so-called …

  • Anglo-Canadian Duo Swoops For Eurostar Stake Sky News - Tue, Mar 3, 2015 18:29 GMT
    Anglo-Canadian Duo Swoops For Eurostar Stake

    A consortium of British and Canadian pension and infrastructure funds is poised to swoop on the government's stake in Eurostar in a deal that will raise hundreds of millions of pounds for the Treasury. Sky News understands that Caisse de Depot et Placement du Quebec (CDPQ) and an infrastructure arm of Hermes, a major UK …

  • Advent Eyes Civil Service Pension Firm Float Sky News - Tue, Mar 3, 2015 14:08 GMT
    Advent Eyes Civil Service Pension Firm Float

    The outsourcing giant which oversaw elements of Royal Mail (LSE: RMG.L - news) 's controversial privatisation is preparing for a sale or flotation that would land its private equity backers a handsome windfall. Sky News understands that the owner of Equiniti, which is one of the UK's biggest providers of business process …

  • Barclays Grows Profits But Shrinks Bonus Pool Sky News - Tue, Mar 3, 2015 14:03 GMT
    Barclays Grows Profits But Shrinks Bonus Pool

    Barclays (LSE: BARC.L - news) has announced a 12% rise in underlying annual profits to £5.5bn and confirmed a cut to bonuses as it continues to count the cost of past conduct. The profit figure, which beat City forecasts, was achieved as the bank continued to cut operating costs - by £1.8bn or 10% during 2014 alone.  …

  • AA: Petrol Costs Likely To Rise Further Sky News - Tue, Mar 3, 2015 13:39 GMT
    AA: Petrol Costs Likely To Rise Further

    The AA has warned unleaded petrol prices are likely to rise further as costs hit an average 110p-per-litre again. The motoring organisation reported that the product cost of unleaded had risen just 5p in the space of a month following the six-year pump price low of 106.39p at the start of February. The rise in pump prices …

  • World's Richest: Tech Entrepreneurs Join List Sky News - Mon, Mar 2, 2015 21:19 GMT
    World's Richest: Tech Entrepreneurs Join List

    Some of technology's youngest entrepreneurs have cracked the Forbes rich list. Spiegel's net worth is estimated at $1.5bn (just under £1bn), matching that of his colleague, 25-year-old Bobby Murphy. Other tech newcomers on the 2015 list include Uber co-founders Travis Kalanick and Garrett Camp at $5.3bn apiece. Ryan …

  • StanChart Risks Reigniting Bank Bonus Row Sky News - Mon, Mar 2, 2015 21:16 GMT
    StanChart Risks Reigniting Bank Bonus Row

    The emerging markets bank Standard Chartered (HKSE: 2888.HK - news) will risk reigniting a row over City bonuses this week when it reveals that it is cutting bonuses by a smaller percentage than its decline in profits. Sky News understands that the lender, which announced a boardroom clearout last week, will say on Wednesday …

  • Forbes Richest: Tech Entrepreneurs Crack List Sky News - Mon, Mar 2, 2015 21:00 GMT
    World's Richest: Tech Entrepreneurs Join List

    Some of technology's youngest entrepreneurs have cracked the Forbes rich list. At age 24, Snapchat co-founder Evan Spiegel was the youngest name on the magazine's annual list of billionaires. Spiegel's net worth was estimated at $1.5bn, matching that of his colleague, 25-year-old Bobby Murphy. Other tech newcomers to …

  • Forbes Rich List: Bill Gates Still At The Top Sky News - Mon, Mar 2, 2015 18:51 GMT
    Forbes Rich List: Bill Gates Still At The Top

    Bill Gates has been crowned the world's richest man by Forbes for a second consecutive year. The Microsoft co-founder's net worth rose to $79.2bn (£51.5bn) in 2015, up from $76bn last year, according to the magazine. The figure put Gates just ahead of Mexican telecommunications mogul Carlos Slim Helu, whose net worth …

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