China Economy: GDP Accelerates At End Of 2012

China's economic growth has accelerated for the first time in two years, according to figures released by the country's government. However, the 7.9% gross domestic product (GDP) rise in the fourth quarter (Q4) of 2012 masks a broader slowdown. The...

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Retail Sales: Disappointing Figures In December

Retail Crisis: Three Key Questions Updated: 11:37am UK, Friday 18 January 2013 By Poppy Trowbridge, Business & Economics Correspondent The joke in the office these days is: if you see Poppy coming, watch out – there's a company somewhere in...

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US Mobile Group Rings Up Deal For UK Rival

By Mark Kleinman, City Editor One of Britain's biggest mobile phone distributors is in advanced talks to be swallowed up by a giant American rival in a deal worth about £200m, Sky News has learnt. 20:20 Mobile Group, which is owned by a consortium...

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Silentnight Owner Awakens Interest In Dreams

By Mark Kleinman, City Editor The firm behind Silentnight, the beds manufacturer, is among a pack of predators circling Dreams, the retail chain which has been put up for sale in an effort to secure its future. I understand that HIG Europe, which...

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Stansted Airport Is Sold For £1.5bn

The company formerly known as BAA is to sell Stansted airport to the Manchester Airports Group for £1.5bn. The deal will mean that BAA - now known as Heathrow Airport Holdings - will be responsible for just four UK airports compared with its original...

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Snow Costs UK Economy '£500m A Day'

Friday's heavy snow could cost the UK economy almost £500m, according to new research by insurance group RSA. The bad weather continues to engulf the UK, with up to 30cm - or a foot - of snow expected in south Wales. RSA based its findings...

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Boeing Dreamliner Deliveries Halted

Boeing 787 Dreamliner Timeline Updated: 1:50am UK, Saturday 19 January 2013 The turbulent history of the Boeing 787 Dreamliner: Jan 19, 2013: Boeing says it is stopping deliveries of the Dreamliner to airlines. Jan 18, 2013: US Federal Aviation Administration...

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Horse Abattoir Film Reveals Welfare Breaches

By Jason Farrell, Sky Correspondent Sky News has uncovered shocking animal welfare conditions at a UK horse abattoir. They include animals being beaten, neglected and illegal procedures in the process of slaughtering British horses destined for...

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Blockbuster Shuts 129 Shops And Slashes Staff

The collapsed DVD and games rental firm Blockbuster is to close 129 of its 528 shops and axe 760 workers in the coming weeks. Some 31 branches have already been put on notice of closure, according to the company's administrators Deloitte. The move...

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Investment Bank Chief To Quit RBS In Shake-Up

By Mark Kleinman, City Editor Royal Bank of Scotland (RBS) is to embark on a further restructuring of its investment banking arm in a move that will pave the way for the departure of the unit's chief executive. I have learned that RBS executives...

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