House Prices Rise At Slowest Pace For A Year

UK house price growth eased to its weakest annual pace for 13 months in December, according to Nationwide. The building society's monthly index showed that property prices lifted by 7.2% annually this month to reach £188,559 on average, slowing...

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City Link Confirms Thousands Of Jobs Lost

The administrators of courier firm City Link have announced 2,356 job losses after a bid to buy the company failed. Many workers found out about the firm's collapse on Christmas Day and had been warned to expect "substantial redundancies". Announcing...

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Will Greece's Crisis Mean Tragedy For The Euro?

If, as now looks quite possible, far-left party Syriza wins next month's snap elections, plunging Greece back into chaos, there will be more than a smidgeon of irony about the whole affair. For one thing, the elections mark almost exactly five years...

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Greece Back In Crisis As Snap Election Forced

Greece has been plunged back into crisis mode by a snap parliamentary election that could yield a government opposed to the country's financial reforms. The Athens Stock Exchange was 10% down when it was confirmed that the government of prime minister...

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Royal Mail, DX Snubbed City Link Rescue Deal

By Mark Kleinman, City Editor Rival delivery companies including Royal Mail were approached about a pre-Christmas rescue of City Link, the parcel services provider which collapsed into administration this week. Sky News has learnt that Royal Mail...

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Profits Dripping Away For Dairy Farmers

By Becky Johnson, Sky News Reporter Andrew Wright gets up at 5.30am every day to milk his herd of 170 cows. He took over the farm in Cheshire from his parents twenty five years ago and had hoped to one day pass it on to his son. But times are tough...

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Bank Of England To Monitor Social Networks

By Ed Conway, Economics Editor What you search for on Google and post on Facebook could soon influence what happens to interest rates. The Bank of England has set up a special taskforce to monitor the internet and social networks for early signs...

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Royal Mail, DX Snubbed City Link Rescue Deal

By Mark Kleinman, City Editor Rival delivery companies including Royal Mail were approached about a pre-Christmas rescue of City Link, the parcel services provider which collapsed into administration this week. Sky News has learnt that Royal Mail...

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