House Price Concern As Wider Inflation Eases

There has been more good news for household budgets with confirmation that price growth eased further in March though property costs accelerated. The Office for National Statistics (ONS) charted a fall in the Consumer Prices Index (CPI) measure of inflation...

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Imperial Tobacco To Close Nottingham Factory

Up to 900 jobs are to be lost under plans by Imperial Tobacco to close factories in Nottingham and Nantes in France. The company said it wanted to shut both its production plant and distribution centre in Nottingham, which together employ around 540...

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Katherine Jackson To Pay AEG's Court Costs

Katherine Jackson has agreed to pay over $800,000 (£479,000) in costs to the promoters behind her son Michael's comeback tour after a lawsuit she brought against them failed. Lawyers for AEG Live had sought more than $1.2m (£718,000) for expenses after...

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Google Buys Drone Maker Titan Aerospace

By Joe Tidy, Sky News Reporter Google has purchased high-altitude solar-powered drone builder Titan Aerospace as part of the search engine giant's efforts to bring internet access to remote areas of the world. Google snapped up the New Mexico company...

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Councils Accused Of Cashing In On CCTV Fines

Councils have been accused of using CCTV cameras to collect millions of pounds in parking and traffic fines. Big Brother Watch disputes claims by many local authorities who say the cameras are used to ensure the safety of the public and not to raise...

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Economy Fragile As High Street Spending Falls

By Gerard Tubb, North of England Correspondent A fall in high street spending for the second month in a row has underlined the fragile nature of the long-awaited economic recovery. Figures from the British Retail Consortium show like-for-like sales...

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Beckham Miami Stadium Plan Gets A Kicking

David Beckham's plans to open a waterfront stadium for his new Major League Soccer (MLS) side in Miami have come under fire. A consortium of firms have taken out newspaper adverts opposing the plan for the open-air 25,000-seater arena in the city's...

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Abu Dhabi Fund And CVC In £1.5bn Spire Race

By Mark Kleinman, City Editor Abu Dhabi's vast sovereign wealth fund has joined forces with the largest shareholder in Formula One motor racing in the race to buy Spire Healthcare, one of Britain's biggest private hospital groups. Sky News has...

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Albemarle & Bond Rescued From Administration

More than 600 jobs have been saved after the majority of the Albemarle & Bond pawnbroking business was bought out of administration. Promethean Investments - led by former Bank of Scotland boss Sir Peter Burt - is to take 128 of the 187 branches...

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US Airways Apologises Over Pornographic Tweet

US Airways has been forced to issue an apology after accidentially tweeting an obscene image in response to a customer complaint. The picture, which showed a woman posing with a model airplane, was posted as part of an apology to a customer who had...

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