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  • Zero-Hours Contracts Jump 19% In A Year Sky News - 1 hour 9 minutes ago
    Zero-Hours Contracts Jump 19% In A Year

    The revelation, from the Office for National Statistics (ONS), prompted a fierce response from unions, which have campaigned to have them banned. The contracts give no guarantee of weekly working hours and are said to offer flexibility to employers and employees. The ONS said its Labour Force Survey showed that 2.4% of …

  • 3i Review To Spark £275m Tommee Tippee Bids Sky News - 1 hour 19 minutes ago
    3i Review To Spark £275m Tommee Tippee Bids

    The owner of the Tommee Tippee range of baby products is close to being put up for sale in a move that will underline the revival of 3i, the British private equity group. Sky News has learnt that 3i has begun discussions with advisers about a strategic review of Mayborn Group, which it has owned since taking it private …

  • Brooks Back At News UK As Sun Gets New Editor

    Rebekah Brooks is to return to her job running News Corporation (NasdaqGS: NWS - news) 's British newspaper arm after being cleared of involvement in the phone hacking scandal. The company said she would resume her role as News UK chief executive from Monday, four years after she stood down from the role at News International …

  • Shell Takeover Of BG Is Given Green Light

    The European Commission has cleared Shell (LSE: RDSB.L - news) 's planned takeover of BG Group (LSE: BG.L - news) , a move that would create the biggest firm on the FTSE 100. In announcing its decision, the Commission said: "The transaction was cleared as it will not grant Shell market power in oil and gas exploration, …

  • Emma Thompson's Arctic Drilling Protest Poem

    Actress Emma Thompson has written a poem to express her anger at Shell (LSE: RDSB.L - news) 's plans to drill for oil in the Arctic. The star read the ode to the firm on Sky News as she stood outside its London headquarters with a giant polar bear. Thompson pledged to be among dozens of people to break a legal injunction …

  • Markets Find Calm After Share Sale Storm

    World markets (Xetra: 4WM.DE - news) are having a calmer day after China's top share index was spared a late-trading bloodbath ahead of a four-day public holiday. There was speculation the authorities exerted some pressure - with the China Securities Journal reporting that nine brokerages had promised additional funds …

  • Citi Joins Bid For £13bn Taxpayer Bank Assets

    The Wall Street banking giant Citigroup (NYSE: C - news) is joining forces with one of its biggest rivals in an attempt to snap up a £13bn package of mortgage assets owned by British taxpayers. Sky News has learnt that Citi has signed up to a consortium led by Goldman Sachs (NYSE: GS-PB - news) and involving units of …

  • Robot Job Threat Focus Of Whitehall Inquiry

    Government officials are investigating the impact that the rapid developments in Artificial Intelligence (AI) could have on jobs in the UK, Sky News has learned. The concerns are echoed by a former Cabinet Office adviser, co-author of a new book welcoming technological progress but warning professional jobs will be among …

  • Halfords Shares Go Downhill As Bike Sales Fall

    Halfords has blamed a wet summer for a big plunge in bike sales. The bicycle to car maintenance retailer said in a trading update that bikes sales had fallen 11% in the eight weeks to 28 August compared to the same period last year. Halfords said: "The disappointing Cycling performance was primarily driven by mainstream …

  • Robot Revolution: Will Machines Take Your Job?

    One of the key questions about the coming robot revolution surrounds how it will impact on how we do our jobs - and whether some of us will have jobs at all. One recent study suggested fears robots would end up taking many of our jobs have been overstated - and that machines have actually boosted workers' wages and the …

  • Asos Confirms Founder Robertson Has Quit

    The founder of online fashion retailer Asos (LSE: ASC.L - news) has confirmed he is stepping down as chief executive with immediate effect. News (Other OTC: NWSAL - news) of Nick Robertson's departure, as reported by Sky News on Tuesday evening , was announced to the Stock Exchange in a statement on Wednesday. Asos …

  • Asos Chief Robertson To Quit Fashion Giant

    The chief executive of Asos (LSE: ASC.L - news) is to step down 15 years after launching the online fashion retailer that went on to become one of the UK's most successful internet start-ups. Sky News has learnt that Nick Robertson has informed Asos's board that he wants to step down in the coming months, but that he …

  • Billions Wiped Off Value Of Shares In UK And US

    It (Other OTC: ITGL - news) was another volatile day on global stock markets with the FTSE 100 index of leading UK shares closing down 3%. The London stock market was shut on Monday due to a bank holiday but it closed down 189 points to 6059 on Tuesday. Monday's nose-dive followed comments by a senior US central banker …

  • Night Tube: Union Calls Off Planned Strikes

    The Rail, Maritime and Transport union has suspended strikes it was due to hold next week over plans for the Night Tube. The strikes had been due on 8 and 10 September but an RMT spokesman said the decision had been made to put them off after it was announced the Night Tube would be postponed.  "As the implementation …

  • Ian King Live: The Big Business & Economic Stories Sky News - Tue, Sep 1, 2015 18:54 BST
    Ian King Live: The Big Business & Economic Stories

    Following the rallies everywhere at the end of last week, there had been some hopes among stock market investors that, after an abysmal August – during which both the FTSE-100 and S&P 500 indices suffered ...

  • Chinese Savers Shaken By Stock Market Chaos Sky News - Tue, Sep 1, 2015 18:50 BST
    Ian King Live: The Big Business & Economic Stories

    Following the rallies everywhere at the end of last week, there had been some hopes among stock market investors that, after an abysmal August – during which both the FTSE-100 and S&P 500 indices suffered ...

  • Google Gives Iconic Logo A Major Overhaul Sky News - Tue, Sep 1, 2015 18:43 BST
    Google Gives Iconic Logo A Major Overhaul

    Google (Xetra: A0B7FY - news) has launched a brand-new logo, ditching an iconic font known to billions of users for more than 15 years. When users visit the search engine's homepage, an animation shows the old logo being gradually erased, and a transformed emblem being drawn with crayons. In an official blog post, Google …

  • Google Unveils Permanent New Logo On Homepage Sky News - Tue, Sep 1, 2015 18:39 BST
    Google Gives Iconic Logo A Major Overhaul

    Google (Xetra: A0B7FY - news) has launched a brand-new logo, ditching an iconic font known to billions of users for more than 15 years. When users visit the search engine's homepage, an animation shows the old logo being gradually erased, and a transformed emblem being drawn with crayons. In an official blog post, Google …

  • Stock Market Volatility As £48bn Wiped Off FTSE Sky News - Tue, Sep 1, 2015 18:23 BST
    Billions Wiped Off Value Of Shares In UK And US

    It (Other OTC: ITGL - news) has been another volatile day on global stock markets with the FTSE 100 index of leading UK shares closing down 3%. The London stock market was shut on Monday due to a bank holiday but it closed down 189 points to 6059 on Tuesday. Monday's nose-dive followed comments by a senior US central …

  • Banks Tell Osborne Tax Hike Threatens Jobs Sky News - Tue, Sep 1, 2015 16:42 BST
    Banks Tell Osborne Tax Hike Threatens Jobs

    George Osborne's plan to increase the tax burden on Britain's fastest-growing banks may threaten their plans to create thousands of new jobs, the industry will warn ahead of a showdown with the Treasury next week. Sky News has obtained a draft copy of a letter from challenger banks to MPs representing constituencies where …

  • PM Vows Clampdown Over National Living Wage Sky News - Tue, Sep 1, 2015 14:43 BST
    PM Vows Clampdown Over National Living Wage

    David Cameron has kicked off the autumn political season with a pledge to crackdown on bosses who fail to pay the new National Living Wage. Writing in The Times, the Prime Minister said the new, higher minimum wage, which will reach £9 an hour by the end of the decade , will work only if it is properly enforced. Senior …

  • Oil Costs And Share Prices Remain Volatile Sky News - Tue, Sep 1, 2015 14:38 BST
    Stock Market Volatility As £48bn Wiped Off FTSE

    Another round of weak Chinese economic data and fears of a US interest rate rise have combined to extend volatility on world stock markets. Stock averages across Europe were more than 2% lower on Tuesday, extending losses from the previous day, while the FTSE 100 began its trading week, after a Bank Holiday on Monday, …

  • Yahoo Boss Mayer Is Pregnant With Twins Sky News - Tue, Sep 1, 2015 14:32 BST
    Yahoo Boss Mayer Is Pregnant With Twins

    Yahoo (Hanover: YHO.HA - news) chief executive Marissa Mayer has said she will be "working throughout" while taking time away from the office for the birth of identical twin girls. The happy news for the 40-year-old and husband Zachary Bogue, a start-up investor, follows controversy around the birth of her son in 2012. …

  • Minecraft's Markus Persson Moans About Wealth Sky News - Tue, Sep 1, 2015 13:15 BST
    Minecraft's Markus Persson Moans About Wealth

    The creator of Minecraft has raised eyebrows by complaining about being rich, saying it has left him lonely and lacking in motivation. Billionaire Markus Persson has posted a series of messages on Twitter (Xetra: A1W6XZ - news) that appear to confirm the old mantra that money does not buy you happiness. Mr Persson also …

  • Lorries Face Ban Over New Cycle Safety Measures Sky News - Tue, Sep 1, 2015 12:37 BST
    Lorries Face Ban Over New Cycle Safety Measures

    London today becomes the first UK city to ban lorries which do not have equipment to protect cyclists and pedestrians. All lorries over 3.5 tons in the capital must now be fitted with guards at the side to help prevent cyclists being dragged under wheels in the event of an accident. Eight cyclists have been killed in …

  • Robot Revolution: 40% Fear Wipeout By Machines Sky News - Tue, Sep 1, 2015 12:36 BST
    Robot Revolution: 40% Fear Wipeout By Machines

    The results reveal the anxieties felt by ordinary people about the coming robot revolution. Prominent figures including Professor Stephen Hawking and Bill Gates have also warned about the threat that "super-intelligent" computers could pose to humanity. Professor Nick Bostrom, director of the Future (Other OTC: FRNWF …

  • Contactless Card Payment Limit Rises To £30 Sky News - Tue, Sep 1, 2015 12:23 BST
    Contactless Card Payment Limit Rises To £30

    The single payment limit for a contactless card transaction has been raised to £30 from £20, as their popularity soars despite lingering security concerns. It (Other OTC: ITGL - news) is the third time that card holders have been allowed to spend more in one transaction since contactless technology was first introduced …

  • Cameron Adviser To Run Nike-Founded Charity Sky News - Tue, Sep 1, 2015 11:59 BST
    Cameron Adviser To Run Nike-Founded Charity

    A former business adviser to David Cameron is to be named as the head of a unit established by Nike (Sao Paolo: NIKE34.SA - news) , the US-based sportswear giant, to help tackle global poverty among girls. Sky News has seen a statement scheduled to be made later on Tuesday, which will announce that Farah Ramzan Golant …

  • Whirlpool Circles Aga To Create Takeover Race Sky News - Tue, Sep 1, 2015 10:55 BST
    Whirlpool Circles Aga To Create Takeover Race

    Aga Rangemaster (LSE: AGA.L - news) , the UK-based maker of range cookers, could soon find itself the subject of a bidding war between two American companies. Aga confirmed on Tuesday it had been approached by the world's biggest appliance maker, Whirlpool (NYSE: WHR - news) , weeks after it had accepted a £129m cash …

  • Osborne's £500m For Faslane Is Wrong, Says SNP Sky News - Mon, Aug 31, 2015 18:15 BST
    Osborne's £500m For Faslane Is Wrong, Says SNP

    George Osborne has announced £500m for sea walls, jetties and other projects at the Faslane naval base in Scotland, securing nearly 7,000 jobs at the home of the UK's nuclear deterrent. But critics questioned the Goverment's spending priorities and said the move suggested it would press ahead with the replacement of Trident …

  • Branson-Backed OneWeb Eyes $2.5bn Launchpad Sky News - Mon, Aug 31, 2015 18:08 BST
    Branson-Backed OneWeb Eyes $2.5bn Launchpad

    A satellite venture designed to provide low-cost internet access to billions of people and backed by Sir Richard Branson is preparing to raise billions of dollars as it seeks to get off the launchpad. Sky News has learnt that OneWeb, whose shareholders include some of the world’s biggest companies, is to hold a beauty …

  • 'Supergiant' Gas Field Found In Mediterranean Sky News - Mon, Aug 31, 2015 17:58 BST
    'Supergiant' Gas Field Found In Mediterranean

    A "supergiant" natural gas field which could supply Egypt for "decades" has been discovered off the country's coast. Italian oil company ENI (NYSE: E - news) said the find was the largest in the Mediterranean Sea and could yet become one of the world's most significant, possibly holding up to 30 trillion cubic feet of …

  • BoE China Woes Unlikely To Stop UK Rate Rise Sky News - Sun, Aug 30, 2015 04:25 BST
    BoE China Woes Unlikely To Stop UK Rate Rise

    China's economic slowdown is "unlikely to change" plans to increase interest rates in the UK, the Governor of the Bank of England has said. The Chinese concerns which have rocked financial markets this week have fuelled expectations that rate increases might be put on hold in the short term. Around £74bn was wiped off the …

  • Carney: China Woes Unlikely To Stop UK Rate Rise Sky News - Sun, Aug 30, 2015 04:16 BST
    BoE China Woes Unlikely To Stop UK Rate Rise

    China's economic slowdown is "unlikely to change" plans to increase interest rates in the UK, the Governor of the Bank of England has said. The Chinese concerns which have rocked financial markets this week have fuelled expectations that rate increases might be put on hold in the short term. Around £74bn was wiped off the …

  • HSBC Glitch: Delayed Payments Now Processed Sky News - Sat, Aug 29, 2015 12:44 BST
    HSBC Glitch: Delayed Payments Now Processed

    HSBC has said all the payments that were held up by a computer glitch have now been processed. Around 275,000 bank payments had been held up by the glitch, with many people reporting they had not received their monthly salaries. Some - including customers of other banks - said they had to cancel holidays and weekend getaways …

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