HSBC Offshore Account Holders Investigated

HM Revenue and Customs (HMRC) has said it is studying a list of British HSBC customers in Jersey after a whistleblower handed over a list of names, addresses and account balances. The department will now investigate the customers' details to establish...

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NHS Direct Centres: Unison Warns Of Closures

Unison has sparked a row with the Department of Health by claiming almost all NHS Direct call centres are to be closed. The union claimed 24 of 30 sites will shut at the service, which employs 1,500 frontline nursing and professional staff. It listed...

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Chelsea Profits From Champions League Win

Chelsea Football Club has said "on-field success" helped it post its first profit in almost a decade. The Premier League club reported a profit of £1.4m for the year to the end of June, compared with a loss of £67.7m the previous year.  It is...

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BA Owner Faces Strike Threat Over Job Cuts

Staff at Spanish airline Iberia have rejected a restructuring plan that involves 4,500 job cuts and are willing to strike, labour unions said. The threat of industrial action comes after IAG - the company formed by merging BA and Iberia - revealed an...

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Exclusive: Priory Seeks Help From Serco Boss

By Mark Kleinman, City Editor The owner of the celebrity addiction clinics of choice, The Priory, is poised to raid Serco, the FTSE 100 support services group, to appoint a new chief executive. I understand that Tom Riall, a senior executive at...

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Apple Slammed In Samsung High Court Case

Apple has been criticised for its conduct by senior judges at London's Court of Appeal. The iPhone and iPad maker published "false and misleading" material, Sir Robin Jacob said, adding that bosses showed a "lack of integrity". His written statement...

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Comet Collapse: Over 300 Staff Made Redundant

More than 300 staff have been made redundant at stricken electricals retail chain Comet. Administrator Deloitte announced 330 job losses across Comet's head office and support centres. But it stressed there had been no redundancies among shop staff...

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Treasury Gets £35bn Windfall From QE Interest

The Treasury is to receive a £35bn boost as part of a deal with the Bank of England that will effectively reduce public debt. Chancellor George Osborne and Bank Governor Sir Mervyn King have agreed that the BoE will give the Treasury interest earned...

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Music Mogul Fuller Tunes Into EMI Backers

By Mark Kleinman, City Editor Simon Fuller, the music impresario who launched the careers of the Spice Girls, is on the verge of securing a more unlikely partnership: teaming up with septuagenarian investor Lord Rothschild to bid for a host of EMI...

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Olympic Stadium: Dismay Over Delayed Future

By Enda Brady, Sky News Correspondent Olympic and Paralympic champions have voiced their dismay at news that the stadium may not open fully until the summer of 2016. Four bids are still being considered as full-time tenants at the Stratford venue,...

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