Serco Shares Tumble 21% On New Profit Fears

Shares in Serco, the outsourcing group embroiled in a Government contracts scandal, tumbled more than 20% on Tuesday in the wake of its latest profit warning. The firm updated the market after trading closed on Monday to say it could downgrade its profit expectations...

00.25 | 0 komentar | Read More

Banks To Be Tested On 35% House Price Slump

By Mark Kleinman, City Editor Britain's biggest banks and building societies could be forced to raise billions of pounds of fresh capital unless they can demonstrate their ability to withstand a house price slump of roughly 35%. Sky News has learnt...

00.25 | 0 komentar | Read More

Singapore Fund Was 'Core' Royal Mail Investor

By Mark Kleinman, City Editor State-backed funds from Kuwait and Singapore were among 16 investors given large allocations of Royal Mail shares as part of the company's contentious £3.3bn privatisation. Sky News can reveal that the Kuwait Investment...

00.25 | 0 komentar | Read More

Pfizer Confirms Bid Interest For AstraZeneca

AstraZeneca: The Key Statistics Updated: 10:51am UK, Monday 28 April 2014 American pharmaceutical giant Pfizer, which makes Viagra, has until May 26 to confirm its intentions in what could be Britain's biggest ever takeover. Here are some key statistics...

00.25 | 0 komentar | Read More

Samsung Suffers Mobile Phone Sales Decline

Samsung Electronics has reported another quarterly decline in operating profits after sales of its mobile phones slowed. The South Korean firm made $8bn (£4.7bn) in its first quarter - down more than 3% on the same January to March period last...

00.25 | 0 komentar | Read More

Costa Sales Help Drive Whitbread Profits Up

Solid sales growth at Whitbread's Premier Inn and Costa Coffee brands has helped the company's annual pre-tax profit rise 1.1% to £347m. The performance over the year to February 27 prompted the company to confirm a 19.9% increase in its dividend to...

00.25 | 0 komentar | Read More

BP Profits Rise 15% But Take Russia Hit

BP has reported a 14.8% increase in quarterly profits that were hit by a falling contribution from its stake in Russia's Rosneft amid the crisis in Ukraine. The British oil firm posted underlying replacement cost profit of $3.2bn (£1.9bn) in the first...

00.25 | 0 komentar | Read More

HS2: Govt Wins Vote But Cameron A No Show

David Cameron has been criticised for missing the vote on the HS2 rail line bill as the Government suffered a 33-strong Tory rebellion. Shadow transport secretary Mary Creagh, who supports the scheme, said the Prime Minister's no-show was "extraordinary". ...

00.25 | 0 komentar | Read More

Tube Strike Leads To Long Queues Across London

Commuters have faced long delays after a Tube strike over ticket office closures took effect in London. Members of the Rail, Maritime and Transport (RMT) union mounted picket lines outside stations after walking out at 9pm on Monday. The action is...

00.25 | 0 komentar | Read More

UK Economy Grows 0.8% In First Quarter

The UK's economic recovery continued in the first quarter of 2014, with the first estimate of GDP growth coming in at 0.8%. The figure, while weaker than the 0.9% most economists had expected, meant that output was 3.1% higher than on the same period...

00.25 | 0 komentar | Read More