City Figures To Back New Tamara Mellon Brand

By Mark Kleinman, City Editor Tamara Mellon, the businesswoman who built Jimmy Choo into a globally-prominent fashion brand, is plotting a $25m comeback that will see her name adorning stores in leading cities around the world. Sky News can exclusively...

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Red Tape 'Strangling Youth Jobs Drive'

Attempts to get more than a million young people into work are being hampered by excessive bureaucracy and central government control, council leaders have claimed. The Local Government Association (LGA) says a new, more local approach to tackling youth...

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HMV Staff Use Twitter To Reveal Redundancies

HMV staff have used the company's Twitter account to reveal workers at the head office and other non-shop employees are being fired. The staff used the social media service to inform followers that 190 people were being made redundant. One staff member...

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Dragons' Den Star Peter Jones Buys Jessops

Dragons' Den star Peter Jones has bought the brand of collapsed camera retailer Jessops to run it as an online company. Rob Hunt, joint administrator and partner at PwC, said: "We can confirm that we have sold the brand and certain other assets to a...

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EU Referendum Debate 'Damaging Economic Growth'

By Ursula Errington, Business Correspondent An influential group of economists has said the government debate over having an "in or out" referendum over Europe is damaging economic growth. The London School of Economics Growth Commission also branded...

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Banks Face Up To Hefty New Mis-Selling Bill

By Mark Kleinman, City Editor The City regulator will pave the way for Britain's big banks to pay out billions of pounds in compensation over the industry's latest mis-selling scandal. I have learnt that the Financial Services Authority (FSA) is...

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New BlackBerry 10 Gives Hope To Ailing Firm

By Niall Paterson, Media and Techonology Correspondent Having seen its market share drop by more than half in the last year alone, Canadian mobile handset manufacturer Research In Motion (RIM) is hoping that the launch of the BlackBerry 10 will...

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OFT Fuel Price Probe Findings To Be Released

By Poppy Trowbridge, Business & Economics Correspondent The Office of Fair Trading today releases its findings on the state of Britain's £32bn retail fuel market. The regulator must assess whether serious competition concerns exist within the...

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Sugary Drink Tax 'Could Pay For School Meals'

Sugary drinks should be taxed at up to 20p a litre, say health campaigners – with the proceeds helping to pay for free school meals. Food and farming charity Sustain said the Government could raise £1bn a year from the duty, while also saving lives...

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Report: Youth Joblessness Rises Fastest In UK

Youth unemployment has increased in the UK at a faster rate than any other country in the G8 since the start of the recession, a new report has said. A study by the Work Foundation found that the UK now lags only behind Spain and Greece for youth joblessness...

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Exclusive: Banks' Fury At Mis-Selling Probe

By Mark Kleinman, City Editor The bosses of Britain's major banks have mounted a coruscating attack on their new regulator as they brace for the outcome of a new mis-selling probe that will result in another multi-billion pound compensation bill...

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Green Deal Energy Scheme Switched On

A flagship Government scheme aimed at making homes more energy efficient launches today amid claims that hundreds more households than thought have signed up for assessments. Ministers said the Green Deal would bring about a revolution in energy efficiency...

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UK GDP Falls By 0.3% In Last Quarter

How GDP Is Compiled Really Matters Updated: 10:21am UK, Tuesday 27 November 2012 By Ed Conway, Economics Editor I've covered economics for a decade or so, but I confess that until very recently I didn't really know what GDP really is. I mean,...

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EasyJet Chair Rake In Departure Lounge

By Mark Kleinman, City Editor The chairman of easyJet, Britain's biggest airline by passenger numbers and revenues, is to step down this summer after a four-year tussle with the company's founder over its fleet size and strategy. Sir Mike Rake...

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