Greece Eyes New Deal As Deadline Approaches

Greece remains confident a new debt deal with its eurozone creditors will be achieved after crisis talks broke up without agreement in Brussels. The country rejected a draft proposal put forward by European finance ministers that would see an extension...

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Center Parcs Picks Banks For £2.5bn Listing

By Mark Kleinman, City Editor The owner of Center Parcs, one of the UK's biggest privately owned leisure companies, has hired investment banks to prepare a £2.5bn stock market listing. Sky News has learnt that Blackstone, the company's owner, picked...

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PM: Young Unemployed Will Work For Benefits

Young people out of work or not in education or training for six months will need to do unpaid work to claim benefits, David Cameron has announced. The reforms mean people aged between 18 and 21 will have to do 30 hours of community work each week...

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Aldermore Cuts IPO Valuation As Profit Soars

By Mark Kleinman, City Editor One of Britain's fastest-growing challenger banks will unveil a surge in profits on Tuesday even as it draws up plans to float on the stock market at a significant discount to a previous attempt last year. Sky News has...

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CBI Upgrades Economic Growth Forecast For 2015

The Confederation of British Industry has upgraded its economic growth forecast for 2015, after inflation fell to a record-equalling low in December. According to the group, Britain's economy will expand by 2.7% this year - up from its previous prediction...

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US Technology Giants Eye Monitise Takeover

By Mark Kleinman, City Editor A number of American technology companies are examining takeover bids for Monitise, one of the UK's most prominent manufacturers of mobile banking software. Sky News understands that FIS, a global behemoth in the payment...

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Is Greece Edging Closer To Euro Exit?

No-one expected the Eurogroup summit to end all the differences between Greece and the eurozone countries behind its bailout. But, equally, no-one really expected it to end in the kind of acrimony we saw earlier in Brussels. In the event, what we...

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US Government Seeks End To Ports Dispute

By Sky News US Team Secretary of Labor Thomas Perez has flown to San Francisco to solve a stalemate between dockworkers and their employers that shut West Coast seaports. Mr Perez plans to meet negotiators from both sides of the contract dispute,...

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Inflation At Record Low Of 0.3% In January

The annual rate of inflation has eased to a record low of 0.3% and is on course to fall further, boosting consumer spending power after years of weak wage growth. The Office for National Statistics estimated the CPI measure of inflation was at its...

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Inside Tiny One-Bed London Home On Sale At £275k

By Jonathan Samuels, Sky News Correspondent London's population is set to reach a record high of 8.6 million people, with housing expected to be a major General Election issue. With limited space and prices that have gone through the roof, one survey...

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