Three Dials O2 To Become Biggest Mobile Firm

A cash deal of more than £10bn could lead to the creation of the UK's largest mobile phone operator, with Three taking over O2. Three's parent, Hutchison Whampoa - owned by the richest man in Asia, Li Ka-Shing - said it was in "exclusive...

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Li Ka-shing: Phone King Is Business 'Superman'

Li Ka-shing has a fortune currently estimated by financial information firm Forbes at about $35bn (£23bn). His sprawling ports-to-retail global conglomerate operates in more than 50 countries. Here's a look at the life of Asia's richest man: :: Humble...

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ECB Triggers €1.1trn Quantitative Easing

The European Central Bank (ECB) has confirmed a €1.1trn stimulus scheme aimed at halting the eurozone's slide towards economic stagnation. The monetary policy measure, announced at a news conference by ECB president Mario Draghi, was bolder than investors...

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The ECB's Biggest Bazooka - But There's A Catch

There was a tense wait in the last few moments before Mario Draghi arrived in the press room today. After all, the European Central Bank president is rarely late. As the minutes ticked on, the journalists sitting there looked around nervously and...

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UK Jobless Rate Eases As Bank Vote Split Ends

Official figures show the unemployment rate has tumbled to 5.8% - its lowest level for more than six years. The data, released by the Office for National Statistics (ONS), highlighted a decline of 58,000 in the number classed as unemployed in the...

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Ex-Centrica Chair Snubs Cameron Oil Pay Plea

By Mark Kleinman, City Editor, in Davos One of Britain's most respected businessmen has rejected a call from David Cameron for companies to increase workers' wages on the back of the slump in oil prices. Speaking to Sky News, Sir Roger Carr said...

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Police Criticised Over Shoplifting Response

By Martin Brunt, Crime Correspondent Police forces are being accused of not doing enough to tackle a boom in shoplifting. A survey shows a 36% rise in the money lost in shop thefts, the highest figure for a decade. But most shoplifting goes unreported...

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IMF Cuts Growth Prospects Despite Oil Prices

The forecast has been slashed for global economic growth this year - with the UK's outlook also taking a hit. The International Monetary Fund's World Economic Outlook update said that apart from in the US, the economic performance of all major economies...

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Eurotunnel Fire: Delays Continue For Third Day

Travel disruption sparked by Saturday's fire on the Channel Tunnel is dragging on into a third day. Eurotunnel passengers travelling by car or coach from the UK are having to wait about 90 minutes, and "approximately three hours" on the French side....

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Cameron Puts Jobs Vow At Heart Of Campaign

David Cameron has set out his plan for full employment, promising to make Britain the "jobs factory of Europe" as the economy returns to health. The Prime Minister, speaking in Ipswich later, will say the country is "coming out the other side" after...

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Eurotunnel To Resume Services After Lorry Fire

Eurotunnel To Resume Services After Lorry Fire We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Play video "Eurotunnel Services To Resume" Video: Eurotunnel Services To Resume...

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London 2012 Exec Gives John Laing IPO Boost

By Mark Kleinman, City Editor An official who helped steer London's staging of the 2012 Olympic Games is to join the board of John Laing, the infrastructure investor, as it prepares for a stock market listing valuing it at more than £1bn. Sky News...

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