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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Energy Firm Pays Heavy Price For Overcharging

Energy firm E.ON is to hand £7.75m to Citizens Advice for customers who were overcharged after price rises. The sum is on top of the £400,000 E.ON has already paid back money to others who may have been affected. Regulator Ofgem said the penalty...

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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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Tories Woo New Backers As Boots Boss Says No

By Mark Kleinman, City Editor The Conservatives have embarked on a fresh attempt to court backing from the business community hours after the publication of a letter warning against "a change in (economic) course" pursued by a Labour administration....

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Kurt Geiger To Try On Another New Owner

By Mark Kleinman, City Editor The upmarket shoe retailer Kurt Geiger is preparing to try on another new owner less than a year after its last buyout. Sky News understands that the company's management and their backers at Sycamore Partners, an American...

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M&G Fund Manager Scoops £15m-Plus Pay Deal

By Mark Kleinman, City Editor A top fund manager at M&G Investments has scooped a £15m-plus pay deal for the second consecutive year, cementing his status as one of the highest-paid executives at a London-listed company. Sky News can reveal that...

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UK Economic Growth Almost Tops 2006 Figure

Revised official figures show that the UK economy grew last year at the fastest pace since 2006. The Office for National Statistics (ONS) said the economy expanded at 2.8% in 2014, approaching the figure of 3% seen eight years before. The ONS boosted...

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Bank Of England Reveals New Lender Stress Test

The UK's biggest banks will have to show how they would cope with a 1930s-style global economic slump under a new doomsday scenario. The second annual stress test of the financial system set by the Bank of England (BoE) aims to act as a health check...

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Pension Data Sales Claims Trigger Inquiry

An investigation has been launched by the data watchdog into claims that details of milllions of people's pensions are being sold to cold-calling firms and fraudsters. The Information Commissioner's Office (ICO) has described the revelations as "very...

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Gulf Keystone Investors Push To Remove Murray

By Mark Kleinman, City Editor Investors in a controversial London-listed oil company are demanding that it begins hunting a successor to its chairman in return for backing a £30m fundraising. Sky News has learnt that several major City institutions...

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Miliband's NHS Pledge At Campaign Launch

Labour leader Ed Miliband has launched his party's General Election campaign with a promise to safeguard the future of the NHS. The event in east London came after Mr Miliband and Prime Minister David Cameron answered questions in the Battle For Number...

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UK Airlines Bring In New Cockpit Safety Rules

By Charlotte Lomas-Farley, Sky News Correspondent New safety rules have been introduced in the UK after 150 people on board the Germanwings Airbus A320 were killed when it crashed in the French Alps. The UK's aviation regulator, the UK Civil Aviation...

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Miliband's NHS Pledge At Campaign Launch

Labour leader Ed Miliband has launched his party's General Election campaign with a promise to safeguard the future of the NHS. The event in east London came after Mr Miliband and Prime Minister David Cameron answered questions in the Battle For Number...

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