Easter Timing And Cold Hit Retailers In April

The cold weather and the timing of Easter hit retail sales across the board last month - falling at their fastest rate for a year. The British Retail Consortium (BRC) said retail sales values were down 2.2% on a like-for-like basis from April 2012....

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Sainsbury's Annual Profits Fall 1.4% To £788m

The boss of Sainsbury's has told Sky News he has a "few more years" in him at the helm of the supermarket chain despite the appointment of headhunters tasked with identifying his successor. Justin King was speaking after Sainsbury's confirmed a slight...

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TweetDeck: Twitter's UK Firm Shut By Regulator

By Pete Norman, Sky News Online A British company bought by Twitter for a reported £25m has been shut down by the business regulator after it failed to file its accounts, Sky News has learned. The official message of TweetDeck's demise TweetDeck...

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HSBC Almost Doubles First Quarter Profits

London-listed HSBC has almost doubled its first quarter profits following a big fall in costs and bad debts. It reported a pre-tax profit of $8.4bn (£5.4bn) for the period, up from $4.3bn a year ago, with Europe's biggest bank showing the benefit of...

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Barroso 'Mends Austerity Fences' With Merkel

The German Chancellor is not to blame for the eurozone austerity policies, the head of the European Commission has said - in an apparent attempt to mend fences with Berlin. European Commission president Jose Manuel Barroso drew fire from Germany last...

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Consumer Rights To Be Boosted Under New Laws

A bill giving increased rights to consumers and reducing burdens on business is set to be unveiled in the Queen's Speech. Ministers believe reforming legislation will save the economy around £4bn over 10 years in more effective protection and better...

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Claims Firms Face Shut-Out From CPP Scandal

By Mark Kleinman, City Editor The claims management firms which have made millions of pounds from payment protection insurance mis-selling face being shut out from a new redress scheme being set up for customers of CPP, the stricken credit card...

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Barroso 'Mends Austerity Fences' With Merkel

The German Chancellor is not to blame for the eurozone austerity policies, the head of the European Commission has been quoted as saying - in an apparent attempt to mend fences with Berlin. European Commission president Jose Manuel Barroso drew fire...

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Smartphones: Debit Cards Of The Future?

By Liz Lane, Sky News Reporter Smartphones could soon become an even greater part of our lives as networks join forces to let us pay for high street goods with our mobiles. The battle to dominate the market for "virtual wallets" is heating up,...

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Sainsbury's To Bank On Lloyds Buyout

By Mark Kleinman, City Editor The supermarket chain J Sainsbury will next week move to take full control of its banking operations by striking a deal to buy out its partner, Lloyds Banking Group. I have learnt that Sainsbury's is on the verge of...

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