EU Charges Google With Abusing Market Position

The EU has formally charged Google with abusing its search market position in Europe, leaving it open to a fine of more than $6bn (£4bn). The European Commission has been examining whether Google, which holds about 90% of the search market in Europe,...

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Protester Attacks Draghi At News Conference

Protester Attacks Draghi At News Conference We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Play video "Protester In Stunt Against ECB Boss" Video: Protester In Stunt Against...

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Right To Buy: What Is It And How Does It Work?

David Cameron has announced a future Tory government would give 1.3 million housing association tenants the chance to buy their homes. :: So what is Right to Buy? The existing scheme allows council tenants to buy their home at a discount of up to...

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PM Promises 'Good Life' For 'Working People'

David Cameron has claimed the Conservatives are the "party of the working people" as he made pledges on homeownership, £5,000 of free childcare and an income tax-free minimum wage. Launching the Tory manifesto, Mr Cameron repeatedly made offers to...

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Labour Retreats On Threat To Break Up Banks

By Mark Kleinman, City Editor Labour has retreated on a threat to carve up Britain's biggest banks less than 15 months after Ed Miliband said lenders would be forced to sell "significant numbers of branches". Sky News can reveal that Labour has quietly...

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Labour Pledges Better UK But Funding Questioned

Labour's leader has attempted to convince voters he can be trusted with the economy, pledging to cut the deficit every year and saying: "I am ready" to lead the country. Ed Miliband promised to get the Budget back into surplus "as soon as possible"...

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Conservatives Promise To Cut Inheritance Tax

The Conservatives have said they will take family homes out of inheritance tax by introducing a new allowance which effectively increases the threshold for tax to £1m. David Cameron said that if his party wins the 7 May election, parents will be offered...

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Buyout Firm Flowers Eyes Bid For Genworth Arm

By Mark Kleinman, City Editor Genworth Financial, a troubled US insurance company, is in talks with one of the financial services industry's most prolific investors about the sale of a business that includes a range of products sold to UK customers....

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UK Holidaymakers Being Conned Out Of Millions

A warning has been issued to those booking holidays online, as it is revealed that British holidaymakers were conned out of £2.2m last year. Criminal groups have targeted online booking firms to steal cash from unsuspecting customers and many only...

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Tories Promise To Slash Inheritance Tax

The Conservatives have said they will take family homes out of inheritance tax by introducing a new allowance which effectively increases the threshold for tax to £1m. David Cameron said that if his party wins the 7 May election, parents will be offered...

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Tories To Freeze Train Fares For Five Years

Rail fares will be frozen in real terms for five years if the Tories win the General Election, David Cameron has pledged. The Prime Minister said extending the Retail Price Index inflation cap on regulated ticket prices until 2020 would save the average...

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M&S Sourcing Chiefs Set For Lavish Payday

By Mark Kleinman, City Editor Two brothers hired to boost the efficiency of Marks & Spencer's (M&S) clothing business are in line for multimillion pound paydays which could make them the company's best-paid employees over a three-year period....

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HSBC Tax Scandal: France Starts Criminal Probe

HSBC has expressed outrage at being placed on €1bn bail amid a criminal investigation in France into historical tax issues. The UK-listed bank said it was informed on Wednesday that French magistrates were examining the "conduct of its Swiss private...

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Oil Find Near Gatwick May Be 'World Class'

The estimated size of an oil find near Gatwick Airport has been upgraded to 100 billion barrels by a company backing exploration of the area. UK Oil & Gas Investments (UKOG) said the Horse Hill-1 well in the Weald Basin was now thought to hold...

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UK Bank Scandal Costs Hit £39bn - Report

Britain's biggest banks have collectively racked up a £39bn bill as a result of financial scandals over just three years, a report has found. A study by auditors KPMG covered financial results from Royal Bank of Scotland (RBS), Lloyds, Barclays,...

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Royal Mail To Deliver Pay Rise To CEO Greene

By Mark Kleinman, City Editor The board of Royal Mail is drawing up secret plans to hand an inflation-busting pay rise to Moya Greene, its chief executive, just weeks after next month's General Election. Sky News has learnt that directors of the...

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'Radical' Pension Changes Come Into Force

By Poppy Trowbridge, Consumer Affairs Correspondent Major changes to pension rules come into effect today which will allow savers to have more control over their money when they retire. People aged over 55 are now able to cash in their pensions and...

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Energy Bosses’ Fury Over IoD Smart Meter Call

Britain's energy companies have launched an extraordinary attack on one of the country's most respected business groups amid calls for the Government to scrap an £11bn scheme that will see smart meters installed in every UK home. Sky News has obtained...

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Challenger Poaches Exec From Bank of England

By Mark Kleinman, City Editor One of a new wave of banks set up to challenge the hegemony of the UK's established high street lenders will announce this week that it has poached a senior executive from the Bank of England. Sky News has learnt that...

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Tories Accused Of 'Secret Tax Plan' By Labour

The Conservatives have been accused by Labour of favouring the rich after the Chancellor refused to rule out cutting the top rate of income tax in a Sky News interview. George Osborne told the Murnaghan programme his party had "no plans"...

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Pru Boss 'Irritated' By Labour Letter Row

By Mark Kleinman, City Editor A row over company bosses' political affiliations ahead of the General Election deepened on Thursday amid allegations that Labour was trying to undermine the leaders of some of the UK's biggest businesses. Friends of...

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Sluggish US Economy Adds Only 126,000 Jobs

By Sky News US Team A slow US economy added a lower-than-expected 126,000 jobs in March, though the unemployment rate held steady, as predicted, at 5.5%. Friday's jobs reports broke a run of 12 consecutive months in which the economy added more than...

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Pru Boss 'Irritated' By Labour Letter Row

By Mark Kleinman, City Editor A row over company bosses' political affiliations ahead of the General Election deepened on Thursday amid allegations that Labour was trying to undermine the leaders of some of the UK's biggest businesses. Friends of...

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