More Pensioners Working Into Retirement

By Becky Johnson, Sky News Correspondent As nearly 10 million people in Britain are now over 65, increasing numbers of pensioners are taking up a second career after they retire. One in three 45 to 65-year-olds now plan to carry on working into...

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Swiss Bank Wegelin To Close After Tax Probe

The oldest Swiss private bank is to close after pleading guilty to helping wealthy Americans evade their taxes through secret accounts. Wegelin & Co, founded in 1741, admitted charges of conspiracy in helping US taxpayers hide at least $1.2bn (£747m)...

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Tax Cheats: HMRC Publishes Names and Photos

The names and photographs of last year's top tax cheats have been made public as part of the Government's efforts to crack down on evasion. The 32 criminals have been sentenced to a combined 155 years and 10 months behind bars, HM Revenue and Customs...

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iPhone Mini? Smartphone War 'May Prompt Launch'

Samsung will increase its dominance of the Smartphone market in 2013 - prompting Apple to fight back with a cheaper "iPhone mini", experts believe. Samsung smartphone sales are tipped to grow 35% - from 215 million last year to 290 million in 2013 -...

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Apple Defends Corporate Tax Arrangements

Tech giant Apple has defended its tax arrangements in the United States, ahead of a Congressional report into corporate finance structures. In a statement Apple said it paid "an enormous amount of taxes" to local, state and federal authorities. It...

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Power Tech Pioneer Plots Fundraising

By Mark Kleinman, City Editor One of Britain's fastest-growing advanced technology companies has hired bankers to prepare a cash call that will value the loss-making business at more than £300m. I understand that Intelligent Energy has appointed...

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Console Sales Plunge As App Gaming Takes Off

Video game console sales fell by a third in the UK in 2012, according to the latest industry figures. Overall sales were down 33.1% from the previous year, with purchases of home consoles, such as the PlayStation 3 and the Xbox 360, falling by 34.1%....

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'Triple Dip' Recession Fears In Markit Survey

There are fresh fears that the UK economy is sliding towards a triple dip recession this year after output slipped in the final quarter of 2012. Output contracted by 0.2%, according to an eagerly awaited indicator for the economy. The Markit/Cips Purchasing...

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Ant & Dec To Front Morrisons' TV Adverts

Morrisons has signed a brand endorsement and sponsorship deal with TV presenters Ant & Dec in a drive to boost sales. The Geordie duo will feature in a campaign throughout 2013, while the supermarket will sponsor their ITV shows Britain's Got Talent...

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FSA To Sweep Away New Bank Barriers

By Mark Kleinman, City Editor The City regulator will set out proposals later this month to slash capital requirements for new banks as ministers try to ferment fresh competition to the industry's dominant players. I have learned that the Financial...

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