Carney Boosts Lloyds Plan For £1.3bn TSB Float

By Mark Kleinman, City Editor The state-backed Lloyds Banking Group is this weekend considering increasing the price at which it sells shares in TSB, its high street subsidiary, amid strong demand from investors. Sky News has learnt that Lloyds...

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Retailers Set Goals On World Cup Success

By Emma Birchley, Sky News Correspondent England fans are not the only ones hoping the players can find the back of the net as their World Cup campaign finally gets under way. Retailers too are banking on success. The Centre for Retail Research...

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Carney Upstages Chancellor At Mansion House

George Osborne Acts To Curb Housing Bubble Updated: 1:25am UK, Friday 13 June 2014 By Jon Craig, Chief Political Correspondent Barely a few minutes into his Mansion House speech, George Osborne said: "So while I know this is my fifth speech to...

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Interest Rates May Rise 'Sooner Than Expected'

George Osborne Acts To Curb Housing Bubble Updated: 1:25am UK, Friday 13 June 2014 By Jon Craig, Chief Political Correspondent Barely a few minutes into his Mansion House speech, George Osborne said: "So while I know this is my fifth speech to...

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Qatar Corruption Claims: Coca-Cola 'Concerned'

By Ian King, Business Presenter, Sky News The European boss of Coca-Cola says the firm is "concerned" about corruption claims within football's global governing body, Fifa. James Quincey, President of Coca-Cola Europe, told Sky News: "We are...

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Osborne To Crack Down On Money Markets

By Jon Craig, Chief Political Correspondent New moves to clean up money markets and stamp out abuses like the Libor interest rate-fixing scandal are to be announced by George Osborne in his annual Mansion House speech later. The Chancellor plans...

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Investors Seek AstraZeneca Talks With Varley

By Mark Kleinman, City Editor John Varley, the former chief executive of Barclays, will be thrust back into the City spotlight as investors seek assurances that AstraZeneca will link boardroom pay to targets used to rebuff a recent £69bn takeover...

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Star Wars Film 'Shows Force Is Strong With UK'

By Jon Craig, Chief Political Correspondent George Osborne has hailed the decision to film another Star Wars movie in the UK starting next year, thanks to his tax breaks for the movie industry. The Chancellor has visited Pinewood Studios, where...

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Tycoons To Argue Case For Scottish Tax Revamp

By Mark Kleinman, City Editor Scotland could become one of the world's five leading advanced economies if it adopts tax reforms designed to promote long-term investment, a group of economists and businesspeople will argue this week. Sky News understands...

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Time Warner In Talks About $2.2bn Vice Deal

By Mark Kleinman, City Editor Vice Media, the digital group which has mounted an aggressive assault on traditional news providers, is in talks to sell a major stake in itself to Time Warner. Sky News has learnt that the two companies have been...

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F1 Investor Weighs Bid For Auctioneer Bonhams

By Mark Kleinman, City Editor The biggest shareholder in Formula One (F1) motor racing is turning its attention to classic cars with a bid to take control of Bonhams, one of the world's largest auction houses. Sky News understands that CVC Capital...

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Scots Independence: Business Pros And Cons

Scots Independence: BAE Systems Boss' Fears Updated: 1:50pm UK, Wednesday 04 June 2014 The boss of Britain's biggest defence company has become the latest business leader to warn against Scottish independence. BAE Systems chief executive Ian King...

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Oil Giant Shell Kicks Off Hunt For New Chair

By Mark Kleinman, City Editor Royal Dutch Shell, the biggest company on London's stock market, has kicked off the hunt for a new chairman. Sky News has learnt that the oil giant has asked Egon Zehnder International, the executive search firm, to...

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Minimum Wage Dodgers 'Named And Shamed'

Twenty-five employers who failed to pay their staff the national minimum wage have been "named and shamed" by the Government. It is the biggest number of employers publicly named since a new crackdown was announced last year. Between them, they owe...

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