Former RSA Boss Makes Haste For TSB Chair

By Mark Kleinman, City Editor Andy Haste, the former boss of RSA Insurance, is being lined up to take the helm of TSB as it prepares for a rebirth as an independent bank on Britain's high streets. Sky News can reveal that Mr Haste has emerged as...

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£11bn Olympics Benefit Target Met

A four-year target of raising £11bn worth of economic benefit from the London Olympics has been met in 12 months, the Government has said. The country has benefited from new foreign investment, additional sales and firms winning contracts since last...

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Barclays Bank 'To Axe 1,700 Branch Jobs'

Barclays is to slash 1,700 jobs from across its branch network, saying fewer staff are needed because more people are banking online. The number of cashiers, personal bankers and managers employed by the bank is expected to be cut throughout 2014. ...

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Spain To Make Clean Exit From Bank Bailout

Spain's decision to make a clean exit from its bank bailout has been welcomed by Eurogroup, which is made up of finance ministers from euro-using countries. It said it showed the effectiveness of steps to deal with excessive government debt. Earlier,...

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Bank: UK Recovery Has Finally Taken Hold

Interest Rates To Rise As Handcuffs Come Off? Updated: 6:14pm UK, Wednesday 13 November 2013 Let's start with the good news. The economy is recovering more convincingly than at any point since the financial crisis of 2008. And while this is hardly...

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British Gas Owner To Warn On Domestic Margins

By Mark Kleinman, City Editor The owner of British Gas will warn on Thursday of stuttering margins in its residential gas and electricity supply business as the row over energy profits rages on. Sky News has learned that Centrica is expected to...

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National Business Awards: The Winners

David Cameron used his video message at the National Business Awards 2013 to emphasise his commitment to supporting UK business by rolling back red tape, cutting taxes and backing innovation. He said: "A strong private sector is exactly what Britain...

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Prince Charles Backs Farmers In Country Life

By David Blevins, Sky News Correspondent A month after he took on the banks, the Prince of Wales has spoken out against the big retailers and expressed his fears for the farming community who supply them. On the eve of his 65th birthday, His Royal...

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Gas Bills 'Could Rise' Due To Low Reserves

By Thomas Moore, Health and Science Correspondent Gas prices could soar this winter if the national supply runs short during another cold snap, an energy expert has warned. Industry analyst Peter Hughes told Sky News that a "perfect storm" last...

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Banks Do Battle In Cyber Warfare Exercise

By Ursula Errington, Business Reporter Hundreds of staff from the UKs financial institutions will take part in a simulated cyber-attack today. The exercise, the details of which have been kept top secret, will be overseen by officials from the...

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Mobile Spending 'Could Be Worth £23bn' By 2018

By Poppy Trowbridge, Business and Economics Correspondent This year has been dubbed 'The Mobile Christmas' and with 48% growth in mobile shopping, retailers are increasingly targeting shoppers through digital devices. British retailers will spend...

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PM Targets Overseas Funds With New Trade Body

By Mark Kleinman, City Editor Ministers are preparing to back the launch of an inward investment body that will target key British trading partners with the aim of raising billions of pounds from overseas to fund urban regeneration projects. Sky...

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Mobile Spending 'Could Be Worth £23bn' By 2018

By Poppy Trowbridge, Business and Economics Correspondent This year has been dubbed 'The Mobile Christmas' and with 48% growth in mobile shopping, retailers are increasingly targeting shoppers through digital devices. British retailers will spend...

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Miliband Slams Payday Lenders' Kids Ads

Payday loans companies should be banned from advertising during children's TV shows, Labour leader Ed Miliband has said. Mr Miliband used a piece in the Sun on Sunday newspaper to claim youngsters are targeted by firms keen to exploit "pester power"....

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