Barclays Grows Profits But Shrinks Bonus Pool

Barclays has announced a 12% rise in underlying annual profits to £5.5bn and confirmed a cut to bonuses as it continues to count the cost of past conduct. The profit figure, which beat City forecasts, was achieved as the bank continued to cut operating...

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Tidal Lagoon Plants Could Power 8% Of UK

Plans for a vast tidal lagoon power plant which could provide enough energy for all the homes in Wales have been launched. The lagoon, between Cardiff and Newport, would include 90 turbines set in a 14-mile breakwater and could provide enough electricity...

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StanChart Risks Reigniting Bank Bonus Row

By Mark Kleinman, City Editor The emerging markets bank Standard Chartered will risk reigniting a row over City bonuses this week when it reveals that it is cutting bonuses by a smaller percentage than its decline in profits. Sky News understands...

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World's Richest: Tech Entrepreneurs Join List

World's Richest: Tech Entrepreneurs Join List We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Evan Spiegel (L) and Bobby Murphy make Forbes' list with Snapchat success By...

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Ikea's Furniture Wirelessly Charges Your Phone

Ikea is launching wired-up desks, tables and lamps which can wirelessly charge your phone. The company is releasing a new collection which will use Qi wireless technology to charge devices that are placed on the new furniture. The Home Spot range...

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Two-Thirds Of 'Cheshunt Nine' Leave Tesco

By Makr Kleinman, City Editor Two-thirds of the executives suspended over Tesco's £263m profits overstatement scandal have left the supermarket giant. Sky News understands that William Linnane, the head of buying for impulse purchases, is to leave...

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Cutting Edge: Samsung Lifts Lid On New Galaxy

Cutting Edge: Samsung Lifts Lid On New Galaxy We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Play video "Hands On With The Samsung S6" Video: Hands On With The Samsung S6...

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China Box Office Overtakes US For First Time

China's box office takings have beaten those in the US for the first time after new year celebrations brought a bumper February. The world's second largest film market took $650m (£422m) in the month, helped by a movie called The Man From Macau...

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AA: Petrol Costs Likely To Rise Further

The AA has warned unleaded petrol prices are likely to rise further as costs hit an average 110p-per-litre again. The motoring organisation reported that the product cost of unleaded had risen just 5p in the space of a month following the six-year...

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Advent Eyes Civil Service Pension Firm Float

By Mark Kleinman, City Editor The outsourcing giant which oversaw elements of Royal Mail's controversial privatisation is preparing for a sale or flotation that would land its private equity backers a handsome windfall. Sky News understands that...

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