FTSE Slips To One-Year Low On Growth Fears

The FTSE has closed at its lowest level in nearly a year with a crisis of confidence over the global recovery. It came as there were warnings about a triple-dip recession in the Eurozone at the IMF's annual conference in Washington. Data from Europe's...

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Fears UK Will Be Hit By New Euro Recession

By Ed Conway, Economics Editor, in Washington The euro crisis is back. But this time it's different. That's the general gist of the discussions at the International Monetary Fund meetings in Washington this week. For this time around the meetings...

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Old Mutual Sweetens £650m Bid For Wealth Firm

By Mark Kleinman, City Editor Old Mutual, the London-listed South African financial services group, is in advanced talks about a £650m takeover of the UK's second-biggest independent wealth manager. Sky News has learnt that Old Mutual is closing...

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Counting The Cost Of The Ebola Outbreak

The impact of the deadly ebola virus may cost West Africa £20bn, experts have warned. The World Bank said the worst case scenario would see the wider region's lost GDP amount to 3.8%, with Liberia at risk of losing almost 12%. Sierra Leone, which...

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EDF Go Ahead for Hinkley Point Nuclear Reactor

French energy giant EDF has been given approval to build a new nuclear power station at Hinkley Point in north Somerset, it has been confirmed. The new-build power station is part of a plan to replace 20% of Britain's ageing nuclear power infrastructure....

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High Street Decline Continues With Shop Closures

By Poppy Trowbridge, Consumer Affairs Correspondent The decline of the high street has accelerated in the first half of the year, according to new figures. Experts suggest betting shops and discount stores gained increasing footholds at the expense...

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HSBC Directors Quit In Protest At Jail Threat

By Mark Kleinman, City Editor Two directors of HSBC's UK arm are poised to quit in protest at new Bank of England rules that pave the way for lengthy jail sentences to be imposed on senior managers of failed lenders. Sky News can exclusively reveal...

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Cable Turns Up The Heat On All-Male Boards

By Mark Kleinman, City Editor Britain's biggest pubs operator and one of the country's largest sportswear retailers are to be targeted by Vince Cable in a renewed focus on bolstering boardroom diversity. Sky News understands that the Business Secretary...

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Hewlett-Packard To Target 3D Printer Market

Hewlett-Packard has confirmed it will split itself into two companies, one focused on cloud computing services and the other focusing on 3D printing and computing. The California-based company has made the announcement in the wake of thousands of...

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TPG Eyes £2bn Bid For Tesco Clubcard Arm

By Mark Kleinman, City Editor The private equity giant TPG is among a pack of suitors circling the marketing services group behind the rise of Tesco's pioneering Clubcard loyalty scheme. Sky News has learnt that TPG, which is one of the world's biggest...

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US Jobless Rate Now At Lowest Since July 2008

The unemployment rate in the United States has dropped to 5.9%, the lowest level since July 2008. The jobless rate dropped by 0.2% from the August figure. Official data showed that the US economy created 248,000 non-farm jobs in September. The Labor...

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John Lewis Boss Sorry For 'Hopeless' France Jibe

The boss of the John Lewis Partnership has apologised to France after saying the country was "finished". Managing director Andy Street held out an olive branch after a series of negative comments about the country were published on the front page...

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US Jobless Rate Now At Lowest Since July 2008

The unemployment rate in the United States has dropped to 5.9%, the lowest level since July 2008. The jobless rate dropped by 0.2% from the August figure. Official data showed that the US economy created 248,000 non-farm jobs in September. The Labor...

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John Lewis Boss Sorry For 'Hopeless' France Jibe

The boss of the John Lewis Partnership has apologised to France, after saying the country was "finished". Managing director Andy Street held up an olive branch after a series of negative comments about the country were published on the front page...

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