Fastest Growth In Retail Sales Since 2004

Brisk business for smaller retailers ahead of Christmas helped sales volumes grow at their fastest annual pace since 2004 in December. Figures from the Office for National Statistics (ONS) measured 2.6% growth during December to show an annual increase...

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Miliband Promises 'Reckoning' With Big Banks

Is The Banking System Broken? Updated: 12:36pm UK, Friday 17 January 2014 By Joel Hills, Business Presenter Folklore at Tesco has it that any internal business pitch to the former boss Sir Terry Leahy which didn't include the word "customer" in...

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EU Rules Spur Base Pay Hike For Goldman Staff

By Mark Kleinman, City Editor Goldman Sachs is to hand substantial rises in fixed pay to hundreds of London-based staff as it contends with new European restrictions on bankers' remuneration. Sky News has learnt that the Wall Street giant has decided...

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Miliband Promises 'Reckoning' With Big Banks

Ed Miliband has promised to force the big five banks to give up "significant" numbers of branches to make way for new competitors if Labour wins the next general election. In a keynote speech on the economy at the University of London, Mr Miliband will...

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Lidl To Remove Sweets From Checkouts

By Poppy Trowbridge, Consumer Affairs Correspondent I understand that Lidl will announce plans to remove all chocolate and sweets from the checkout queues in their supermarkets later this week. The move is likely to be welcomed by consumer groups...

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Argos Owner Set To Name Walden As New Boss

By Mark Kleinman, City Editor The owner of Argos is close to naming the chain's boss as its new group chief executive, a move that will also hand him oversight of the DIY retailer Homebase. Sky News understands that Home Retail Group is poised...

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China Bets Big On 'Iron Bird' Of The Skies

By Mark Stone, China Correspondent in Shanghai In a vast hanger on the outskirts of Shanghai, the banging of hammers and screeching of drills indicates a company in a hurry. Sky News has been granted exclusive access to the headquarters of Comac...

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'Fracking' Councils Could Pocket Millions

By Becky Johnson, North of England Correspondent Financial rewards worth over a million pounds a year will be given to councils that give permission for "fracking" projects in their areas. The move, announced by David Cameron, has angered campaign...

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Snow-Hit Sheep Farmers Fear Worse Is To Come

By Becky Johnson, North of England Correspondent Farmers will have to prepare for the impact of more extreme weather on livestock and crops, according to the National Farmers Union. The Union's deputy president has told Sky News he believes climate...

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Ski Hosting Ban: British Company Leads Appeal

By Harriet Hadfield, Sky News Reporter A British ski holiday company is leading an appeal against a ban on ski hosting in the French Alps. The appeal comes after a court in Chambery in France said that the informal on-piste group tours led by ski...

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