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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Poundland Revenue Tops £1bn For First Time

Poundland's revenues exceeded £1bn for the first time in its last financial year as it continues to expand amid the continuing consumer bargain boom. Europe's largest single-price discount retailer said in its fourth quarter trading update that it...

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Inflation Steady At 0% Annual Rate In March

The annual rate of inflation has remained steady at 0% for the second consecutive month. The Office for National Statistics said the consumer price index (CPI) measure remained at its lowest level since comparable records began in 1989 as transport...

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Robot Reveals Inside Of Wrecked Nuclear Plant

Robot Reveals Inside Of Wrecked Nuclear Plant We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Play video "Robot's Views Of Wrecked Reactor" Video: Robot's Views Of Wrecked Reactor...

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PPI Scandal: Clydesdale Handed £20.7m Fine

A £20.7m fine has been slapped on Clydesdale Bank for failures in its handling of payment protection insurance (PPI) complaints and attempts to mislead the City regulator. The Financial Conduct Authority (FCA) said the penalty was the largest it had...

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HSBC Paves Way For Chairman Flint’s Exit

By Mark Kleinman, City Editor HSBC is accelerating plans to appoint its first externally recruited chairman after instructing headhunters to begin searching for a successor to Douglas Flint. Sky News can reveal that Europe's largest bank, which has...

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Greens Vow To Roll Back NHS Privatisation

The Green Party has pledged to end privatisation in the NHS and re-nationalise the railways in its manifesto. The party also vowed to ban fracking, stop airport expansion and halt major road schemes, while promising cash for energy efficiency measures...

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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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Election Pledges Buoy 3i Housebuilder Sale

By Mark Kleinman, City Editor Manifesto pledges by the UK's main political‎ parties to spur a housing revolution are fuelling plans by the private equity firm 3i to offload the country's biggest independent building materials group. Sky News understands...

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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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