US Jobless Rate Tumbles To 5.5% In February

The US jobless rate plunged last month as hiring accelerated, raising expectations of a possible interest rate rise by the Federal Reserve. The world's biggest economy created 295,000 net new jobs in February, despite some severe weather disruption...

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Big Firms Will Have To Reveal Gender Pay Gap

Thousands of large companies will be forced to share details of the difference between what they pay their male and female workers. The Government has agreed to implement the Liberal Democrat measure despite years of Tory opposition to it. The move...

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SFO Launches Investigation Into Crash Cash

The Serious Fraud Office is investigating material from the Bank of England over cash injections into the money market during the height of the financial crisis. In 2014, the bank launched its own inquiry into procedures of liquidity-boosting to stabilise...

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ECB Starts QE Funding Amid Greek Warning

The European Central Bank is to start buying government debt as part of its stimulus package within the week. ECB president Mario Draghi said its new €1.1tn (£796bn) quantitative easing programme would commence purchases on March 9. This follows...

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ScottishPower Sales Ban For Complaint Failure

ScottishPower has been handed a 12-day sales ban for failing to meet targets on handling customer complaints. The industry regulator said the company, a member of the so-called 'big six' energy suppliers, had agreed to temporarily stop proactive selling...

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Eurostar Stake Sale Raises £757m For Treasury

The Government has confirmed its stake in Eurostar is to be sold to a consortium of British and Canadian pension and infrastructure funds, raising almost £760m. The Chancellor George Osborne said the sale, reported by Sky News on Tuesday night, represented...

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Anglo-Canadian Duo Swoops For Eurostar Stake

By Mark Kleinman, City Editor A consortium of British and Canadian pension and infrastructure funds is poised to swoop on the government's stake in Eurostar in a deal that will raise hundreds of millions of pounds for the Treasury. Sky News understands...

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Taxpayers To Meet £30m Bill For UK Coal Staff

By Mark Kleinman, City Editor Taxpayers are poised to fund a multimillion pound bill to help workers at two of the UK's remaining deep coal mines as part of preparations for their closure, ministers are expected to disclose this week. Sky News understands...

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Tidal Lagoon Plants Could Power 8% Of UK

Plans for a vast tidal lagoon power plant which could provide enough energy for all the homes in Wales have been launched. The lagoon, between Cardiff and Newport, would include 90 turbines set in a 14-mile breakwater and could provide enough electricity...

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StanChart Risks Reigniting Bank Bonus Row

By Mark Kleinman, City Editor The emerging markets bank Standard Chartered will risk reigniting a row over City bonuses this week when it reveals that it is cutting bonuses by a smaller percentage than its decline in profits. Sky News understands...

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Licence Fee Needs Updating, BBC Boss To Argue

BBC boss Tony Hall is expected to warn the corporation is at "a crossroads" and that the licence fee should be updated. In a speech, the director general is to argue adapting the levy for the internet age is "vital". Mr Hall is set to highlight a...

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First-Time Buyers 'Get 20% Discount On Homes'

First-time buyers aged under-40 will be given the chance to buy a starter home at a 20% discount under a new Government scheme. Planning rules for under-used brownfield sites will be relaxed from Monday in return for developers using the land to build...

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First-Time Buyers 'Get 20% Discount On Homes'

First-time buyers aged under-40 will be given the chance to buy a starter home at a 20% discount under a new Government scheme. Planning rules for under-used brownfield sites will be relaxed from Monday in return for developers using the land to build...

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Customers 'Duped' By Energy Switching Deals

Energy price comparison websites have been "duping" customers into switching to deals that are not the cheapest on the market and should pay them compensation, a group of MPs have said. The Energy and Climate Change Committee said some sites had used...

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