Royal Ascot Set To Win Back Confidence In Racing

By Paul Kelso, Sports Correspondent Royal Ascot is one of the highlights of the sporting and social calendars, five days of pomp, pageantry and world-class racing that attracts entrants and attention from around the world. When the Queen led the...

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Brazil Protests: Clashes Over World Cup Costs

Major protests have been held in cities across Brazil over rising bus fares and the cost of staging the 2014 football World Cup - with Brazilian media putting the number of demonstrators as high as 230,000. An estimated 50,000 people took to the streets...

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Record Air Fare Rises Push Inflation Higher

The annual rate of inflation was driven higher than expected in May as air fares rose by record levels, according to the Office for National Statistics (ONS). The rebound in the CPI measure of inflation to 2.7% - which followed a surprise dip to 2.4%...

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Army Cuts: Thousands Told They Will Lose Jobs

Nearly 4,500 Army staff have been given their redundancy notices in the latest round of staff cuts, the Ministry of Defence has confirmed. A total of 4,480 are being axed as the Government tries to reduce the number of regulars by about 20% to 82,000....

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Co-op Lures Top City Lawyer For Revival Plan

By Mark Kleinman, City Editor An adviser to the Britannia Building Society on the merger with the Co-op that led to the mutual's current travails is being parachuted into the group as part of its rescue plan. Sky News understands that Alistair...

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Supermarket Wars: Major Chains Lose Ground

The dominance of the so-called 'big four' supermarket chains has been further eroded amid an intense battle for business. In its latest report on the sector, market researcher Kantar Wordpanel found that discount retailers Aldi and Lidl and higher-end...

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Libor Scandal: Ex-Trader Faces Eight Charges

A former City trader has been charged in connection with the investigation by the Serious Fraud Office (SFO) into the manipulation of the Libor interbank lending rate. Tom Hayes was formally charged with eight offences of conspiracy to defraud when...

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Child Abuse Online: Web Firms Attend Talks

By Sophy Ridge, Political Correspondent Leading internet companies have agreed a new strategy with the Government in an attempt to crack down on child abuse online. Firms including Google, Microsoft and Facebook attended the summit called by Culture...

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China Builds World's Fastest Supercomputer

China has built the world's fastest supercomputer, which is almost twice the speed of the previous record-holder from the US. The Tianhe-2 has been developed by the National University of Defence Technology in central China's Changsha city and is capable...

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G8: Cameron In Tax Evasion Battle At Meeting

Q & A: What is the G8 all about? Updated: 3:21pm UK, Tuesday 18 June 2013 The G8 is a group of eight countries which are among the world's richest, plus the European Union. It comprises the UK, the US, France, Germany, Italy, Japan, Canada, Russia...

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