RBS Gets Heated Over £230m Radiator Deal

By Mark Kleinman, City Editor The taxpayer-backed Royal Bank of Scotland (RBS) is risking a renewed political outcry by opposing the restructuring of a major British-based manufacturer that would preserve hundreds of UK jobs. Sky News has learnt...

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Tesco Confirms China Merger Talks

Tesco has confirmed it is in exclusive talks over combining its Chinese operations with a major supermarket operator in the country. While it is unclear at this stage whether a deal would mean the Tesco brand disappearing in China, Britain's biggest...

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Tesco In Vanguard Of China Merger

By Mark Kleinman, City Editor Tesco is on the verge of an agreement to merge its operations in China with the country's biggest retailer as it takes another step towards reshaping its international business. Sky News has learnt that Tesco is expected...

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Revealed: The UK's Most Wanted Tax Fugitives

By Poppy Trowbridge, Business and Economics Correspondent A rogues' gallery of the UK's most wanted tax fugitives has been released in a bid to collect hundreds of millions of pounds in unpaid duty. One year on from releasing the details of the...

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Borrowers Boost: Interest Rates Tied To Jobs

The Bank of England plans to keep the base rate of interest at its record low level until unemployment falls to 7% - unlikely for another three years. The announcement was made by new governor, Mark Carney, at his first Inflation Report news conference...

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'One In Four' Mums Feel Work Discrimination

More than one in four mothers feel they have been discriminated against at work while pregnant or after returning to their job, according to new research. Two thirds also said they would advise women to wait until the last possible moment to tell their...

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Fair Trade Warning To Quick Home Sale Sector

The trading watchdog is urging almost 120 firms operating across the "quick house sale" sector to make sure their business practices are up to scratch. The warning comes after an investigation found some hard-pressed customers end up handing over their...

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Bank Of England To Unveil Monetary Policy Shift

By Ed Conway, Economics Editor The Bank of England is set to unveil the most significant changes to the way it conducts monetary policy since it was granted independence in 1997. Mark Carney, the bank's new governor, is expected to announce that...

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Amazon's Jeff Bezos Buys Washington Post

The founder of Amazon has personally bought The Washington Post and other newspapers for $250m (£163m). Longtime publisher, The Washington Post Co, announced the deal with Jeff Bezos on Monday. Mr Bezos is buying the paper as an individual, and Amazon.com...

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Weather Helps Economic Recovery 'Build Steam'

There is further evidence the UK's economic recovery is gathering pace following the release of a closely-watched survey for the dominant service sector. It grew at its fastest pace in more than six years in July, according to the Markit/CIPS Purchasing...

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Little Chef Bought By Kuwaiti Group 'For £15m'

The Little Chef chain of roadside restaurants has been sold to a Kuwaiti restaurant group. The company went up for sale in April, six years after it was rescued from administration. During that time there were several attempts to revive its position...

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Zero-Hours Contracts 'For One Million Britons'

By Liz Lane, Sky News Reporter Research suggests many more people may be on zero-hours contracts than was previously thought. The agreements mean that employees are expected to be on call, but are not guaranteed any work from one week to the next....

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Ireland Digs Deep For Economic Recovery

By David Blevins, Ireland Correspondent, in County Mayo Seismic surveys are to be carried out to ascertain if Ireland has enough oil and gas reserves to export fuel. Shell is already building the longest gas tunnel in Europe (4.9km) to transport...

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Swansea Bay Tidal Lagoon May Open In 2017

By Rhiannon Mills, Sky News Correspondent Exploratory work is underway off the coast of south Wales where scientists hope to build the world's first tidal lagoon power station. As Britain continues to search for more sustainable forms of energy,...

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