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HSBC Chief: 'Swiss Bank Claims Are Painful'

Written By Unknown on Sabtu, 14 Februari 2015 | 11.46

By Mark Kleinman, City Editor Revelations about tax-dodging activities facilitated by the private wealth arm of HSBC have been painful and frustrating, the bank's chief executive told staff on Friday as he conceded that it had failed to meet the standards...
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Is Apple Building Top Secret Electric Car?

Is Apple Building Top Secret Electric Car? We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close The man in charge previously led teams developing the iPod and iPhones Apple...
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Bank Whistleblower: I Tipped Off Taxmen In 2008

Written By Unknown on Jumat, 13 Februari 2015 | 11.46

By Faisal Islam, Political Editor Herve Falciani, the man who exposed a tax scandal at HSBC by leaking thousands of account details from a Geneva branch, says he first raised concerns about suspect practices at the bank seven years ago. In an interview...
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Bank Will Act If Weak Inflation Persists

The governor of the Bank of England has said interest rates could be cut further and asset purchases expanded if negative inflation gives way to "bad" deflation. Outlining the Bank's quarterly Inflation Report, Mark Carney said it was "more likely...
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Tory Peer Says Miliband Tax Claim 'Defamatory'

Written By Unknown on Kamis, 12 Februari 2015 | 11.46

A Conservative Party treasurer has hit back at a suggestion by Labour leader Ed Miliband that he was involved in "tax avoidance activities". During Prime Minister's Questions, Mr Miliband accused Lord Fink of seeking to avoid paying taxes by...
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Whistleblower: Offshore Banking 'Out Of Control'

By Faisal Islam, Political Editor The man who leaked tens of thousands of account details from HSBC's Geneva branch has told Sky News that he first contacted HMRC by email and by telephone in 2008. However, Herve Falciani said the full processed...
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PM Hails Business As 'Country's Job Engine'

Written By Unknown on Rabu, 11 Februari 2015 | 11.46

David Cameron has hailed business as "the country's job engine" as he unveiled plans to help expanding firms through the financial "valley of death". The Prime Minister said a Tory Government would launch a financing scheme to help the country's 500...
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Sky Wins Majority Of Premier League Matches

By Paul Kelso, Sports Correspondent Sky has won the rights to show 126 live Premier League matches per season for three years from 2016-17 after winning the rights to five packages of games. The broadcaster, which owns Sky News, won the rights to...
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Ministers Plot New Energy Switching Drive

Written By Unknown on Senin, 09 Februari 2015 | 11.46

By Mark Kleinman, City Editor Ministers are to unveil a fresh drive urging consumers to switch energy companies just weeks before the main parties pledge renewed oversight of the industry in their general election manifestos. Sky News understands...
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HSBC Helped Clients Dodge Tax - Report

HSBC's Swiss banking arm helped wealthy customers avoid tax and hide millions of dollars, according to a report by a network of investigative journalists. The British banking giant provided accounts to international criminals, corrupt businessmen,...
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