South Korea Credit Card Data Theft Outrage

Thousands of concerned South Koreans have flocked to bank branches after the theft of data linked to 80 million credit cards. There has been widespread public concern and anger after it was revealed that information including salaries, monthly card...

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OneSavings Heeds Miliband Call In Float Push

By Mark Kleinman, City Editor A lender backed by a prominent Wall Street financier is stepping up plans for a stock market flotation that it hopes will help it to become a serious challenger to the main high street banks. Sky News has learnt that...

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Horsemeat Scandal Firm Findus Plots Payout

By Mark Kleinman, City Editor One of the companies at the centre of last year's horsemeat scandal is plotting a financial restructuring that will lead to a multimillion-pound payout for its owners. Sky News has learnt that Findus is planning to...

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Warning Over New Platinum Mine Strikes

The South African government has warned that the country cannot afford industrial action, ahead of a planned strike this week at the world's top three platinum producers. Finance Minister Pravin Gordhan issued the warning as the platinum industry's...

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UKFI Seeks Cut-Price Deal On New Lloyds Sale

By Mark Kleinman, City Editor The agency which manages taxpayers' stake in Lloyds Banking Group is attempting to secure a knockdown price from City bankers vying to work on a share sale that will return it fully to the private sector. Sky News...

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Small Business Lending Has Gone Down Say MPs

Many smaller firms are still struggling to get finance and Whitehall is not doing enough to raise awareness of the help available it has been warned. But the critical report by the Commons Public Accounts Committee has been rejected by the Government,...

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Energy Bosses 'Utterly Complacent' Over Storms

Energy bosses have been accused of "utter complacency" over their response to the Christmas storms that left hundreds of thousands without power. The heads of the six companies, responsible for the networks which provide power to the UK's homes, were...

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Lloyds Co-Op Deal Denounced By Lord Levene

A peer has alleged "bad faith" after a bid he was leading to buy hundreds of Lloyds bank branches lost out to the rival Co-operative Group. Giving evidence to MPs at Westminster, Lord Levene, who chaired NBNK Investments which had been seeking to create...

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Motorway Pub Opens Despite Opposition

A new £1m pub has opened at a motorway service station, in the face of fierce criticism from road safety and alcohol campaigners. Pub chain JD Wetherspoon says The Hope & Champion will be open from 4am to 1am, seven days a week. The venue is located...

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IMF Improves Economic Growth Forecast For UK

Full-Blown Recovery Uncertain Despite IMF Boost Updated: 4:40pm UK, Tuesday 21 January 2014 By Ed Conway, Economics Editor The chances are by now that you are already well aware of the gist of the International Monetary Fund's latest update to...

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