Gold Tarnish Worsens Amid Commodity Sell-Off

Gold has traded near to its lowest level in almost three years and is on track for its worst quarterly performance since at least 1968. London early trading saw gold sit at $1,206 but by 1.45pm it dropped to $1191.99. The hit to the precious metal...

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Starbucks Losses Hit £30m In Last Tax Year

By Pete Norman, Sky News Online Starbucks UK reported a net annual loss of more than £30m for the 12 months to September 30, according to newly released documents. Accounts filed with Companies House show that Starbucks Coffee (UK) Ltd reported...

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Double-Dip: Recession Never Actually Happened

The Office for National Statistics (ONS) says updates to its past calculations on the performance of the UK economy mean Britain was never in a double-dip recession after all. Revised GDP data showed that output was actually flat in the first three...

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Power Warning: Higher Risk Of Shortages

The energy regulator has warned of a greater risk of power shortages in three years' time - although it says blackouts are unlikely. Ofgem said electricity margins could tighten in 2015-16 to between around 2% to 5% and the generation industry must...

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Spending Review: The Key Points

The main announcements from Chancellor George Osborne in his spending review for 2015/16 as outlined to MPs in the Commons: WELFARE: :: Reforms to include the 'welfare cap' set in Budget statement annually from April 2015 for four years, though state...

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Spending Review: Osborne Wields The Axe Again

Public sector workers, benefit claimants and ex-pat pensioners have all been hit under the Chancellor's drastic plans for extra spending cuts. George Osborne declared Britain was "moving out of intensive care and from rescue to recovery" but warned...

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Markets Tumble Across Europe After Asia Drops

Major Asian stock markets tumbled on Monday, extending last week's falls that hit exchanges around the world. Shanghai slumped 5.30% to 1,963.24 - below the psychological 2,000-point level analysts had pegged as requiring support. Hong Kong lost 2.22%,...

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Vodafone Lines Up £9bn Kabel Deutschland Deal

Mobile phone giant Vodafone is poised to buy Germany's biggest cable operator in a deal worth £9.1bn, it has been confirmed. The addition of Kabel Deutschland's 8.5 million connected households would leave Vodafone with 32.4 million mobile, 5 million...

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Football Streaming Website Faces Legal Action

Internet service providers in the UK could be forced to block a Swedish-based website which streams live football matches. The Premier League is in the process of requesting a court order that would make ISPs effectively ban their customers...

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Chancellor Signs Off £11.5bn Spending Cuts

Chancellor George Osborne has reached agreement with Cabinet colleagues over the extent of cuts to their budgets for the year after the next general election. The Treasury said the new agreements among government departments would produce savings of...

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Diesel Drivers 'Get Worse Deal' In Fuel War

The cost of filling up at the pumps has edged up over the last month, with diesel drivers getting a worse deal than those using petrol, according to new figures from the AA. The average price of petrol in the UK has risen from 133.35p a litre in mid-May...

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Football Streaming Website Faces Legal Action

Internet service providers in the UK could be forced to block a Swedish-based website which streams live football matches. The Premier League is in the process of requesting a court order that would make ISPs effectively ban their customers...

11.46 | 0 komentar | Read More