Pension Data Sales Claims Trigger Inquiry

An investigation has been launched by the data watchdog into claims that details of milllions of people's pensions are being sold to cold-calling firms and fraudsters. The Information Commissioner's Office (ICO) has described the revelations as "very...

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B&Q Owner To Shut 60 Stores Amid Profit Slump

The owner of B&Q has announced plans to close 60 DIY stores over the next two years. The move comes amid a 7.5% drop in adjusted pre-tax profit of £675m for Kingfisher, a chain that operates in the UK, Ireland and mainland Europe. Releasing its...

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Stars Launch Jay Z's Music Streaming Service

Rapper Jay Z has officially launched his new music streaming service, named Tidal, with the help of some of the biggest names in entertainment. Madonna, Rihanna, Beyonce, Kanye West and Alicia Keys are among the A-list celebrities who co-own Jay Z's...

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Fashion Firms Join Up To Fight New Luxury Tech

Two European online fashion retailers are joining forces to fight back against tech giants encroaching on the luxury sector. London-based Net-a-Porter and Italian rival Yoox have agreed to create a joint venture, with a combined value of around £1.5bn....

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Bank Of England Reveals New Lender Stress Test

The UK's biggest banks will have to show how they would cope with a 1930s-style global economic slump under a new doomsday scenario. The second annual stress test of the financial system set by the Bank of England (BoE) aims to act as a health check...

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Federal Agents Charged Over Bitcoin Fraud

By Sky News US Team Two former federal agents have been charged with bitcoin money laundering, wire fraud and other offences, the US Justice Department says. Former Drug Enforcement Administration (DEA) agent Carl Force and ex-Secret Service agent...

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Honda Makes Swindon Global Hub For Civic Cars

Honda is to invest £200m in its facilities at Swindon to make it a global hub for the next generation of Civic cars. The company said the production plant will make the five-door model for UK, Europe and "key global markets". The carmaker added that...

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M&G Fund Manager Scoops £15m-Plus Pay Deal

By Mark Kleinman, City Editor A top fund manager at M&G Investments has scooped a £15m-plus pay deal for the second consecutive year, cementing his status as one of the highest-paid executives at a London-listed company. Sky News can reveal that...

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UK Economic Growth Almost Tops 2006 Figure

Revised official figures show that the UK economy grew last year at the fastest pace since 2006. The Office for National Statistics (ONS) said the economy expanded at 2.8% in 2014, approaching the figure of 3% seen eight years before. The ONS boosted...

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Vatican Bank Close To Signing Deal With Italy

The Vatican has revealed it is close to reaching an agreement with Italy over a clampdown on potential money-laundering. A senior Vatican official said the deal may be announced later this week, and is part of Pope Francis' attempt to sweep clean...

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