'Panic Saturday' To Start Xmas Spending Spree

Shoppers are set to spend a total of £1.2bn on last minute gifts and groceries on what has been dubbed "Panic Saturday". Around 13 million consumers will spend £2.1m for every minute stores are open at an average of £92.31 per person, according to...

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Push To Get More Women Into The Cockpit

By Charlotte Lomas, Sky News Reporter More than four decades after the first British female pilot took to the skies in a commercial airliner, there are still few women choosing flying as a career. But why are there so few female pilots? Of the 3,500...

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RBS Loses Fight Over £4bn Investor Court Date

By Mark Kleinman, City Editor Royal Bank of Scotland (RBS) will face angry investors in court by the end of 2016 in a legal case that is likely to see Fred Goodwin, its former boss, testify about the lender's implosion. Sky News has learnt that RBS...

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Russia's Crumbling Economy Faces Fresh Sanctions

Russia's crumbling economy could be hit further after the EU agreed on more santions over its intervention in Ukraine. Fresh punitive measures - banning investment in Crimea to target Russian Black Sea oil and gas exploration - were agreed at the...

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Wellcome Trust Warns On 'Populist' Mansion Tax

By Mark Kleinman, City Editor One of Britain's most successful investors has issued a thinly veiled swipe at Labour's proposed mansion tax and warned that "populist politics" risk derailing Britain's economic revival. Speaking to Sky News, Danny...

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Mobile Networks Agree Deal To Boost UK Coverage

A £5bn project to guarantee mobile phone voice and text coverage to 90% of the UK geographical area by 2017 will go ahead. The deal means the four mobile networks - EE, O2, Three and Vodafone - have all agreed to tackle poor coverage in so-called...

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Rouble 'Critical' After Hitting All-Time Low

The deputy chairman of Russia's central bank has conceded the rouble is in deep trouble but says it will take action to remedy the problem soon. "The situation is critical. We could not imagine this in our worst nightmare a year ago," Sergei Shvetsov...

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Festive Cheer On Forecourt As Petrol Prices Fall

Petrol prices could soon fall below £1 per litre - the lowest level since the end of May 2009. The RAC said the recent fall in the price of  oil - now below the $60-a-barrel - would keep dropping. "What's currently happening at the pumps with...

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FCA Life Ban For Fare-Dodging Jonathan Burrows

The financial watchdog has banned a top fund manager from any role in the City after it was discovered he paid £43,000 to avoid prosecution for dodging train fares. Jonathan Paul Burrows, who was a London-based managing director at US investment firm...

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BT Set To Buy EE Mobile Phone Network

BT has announced that it wants to buy phone firm EE as it makes a play to re-enter the mobile market. The company has been in negotiations with EE and rival O2, but BT announced a decision on Monday to go with EE. The deal is worth £12.5bn. ...

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Glitch Causes Items To Be Sold On Amazon For 1p

Businesses are furious after a piece of software used by retailers on Amazon went wrong, causing hundreds of items to be sold for 1p. Some firms which use RepricerExpress say they risk going bankrupt because the problem has resulted in them losing...

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David Cameron To Launch Home Discount Scheme

A scheme offering 100,000 first-time buyers new homes with a discount of 20% as part of a drive to help people onto the property ladder will be launched by David Cameron later. Those under 40 who have never owned their own home can register their...

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FTSE 100 Suffers Worst Week In Three Years

More than £110bn has been wiped off the value of Britain's leading companies as the FTSE 100 suffered its worst week in three years. The index closed down 161.07 points on Friday, a loss of 2.49%, making an overall drop of 6.6% since Monday - the...

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Growing Business: Demand Soars For UK Xmas Trees

By Nick Ravenscroft, Sky News Reporter Families in Britain are increasingly buying Christmas trees that were grown in the UK rather than ones that have been imported, according to UK suppliers. The British Christmas Tree Growers' Association (BCTGA)...

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