Personal Insolvencies At Five-Year Low

Personal insolvencies have dropped to their lowest level in five years despite the tough economy, according to official figures. There were 25,006 individual insolvencies across England and Wales in the first three months of 2013, the figures have shown....

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RBS Returns To Profit In Latest Quarter

Opinion: Investment Banking's Worth It Updated: 10:30am UK, Friday 03 May 2013 By David Buik, Panmure Gordon & Co The moment that Barclays' Rich Ricci's Champagne Fever charged up the Cheltenham hill on March 12 to take the opener at the festival,...

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Euro Forecast: Jobless Total To Stay Static

Unemployment levels are not expected to reduce significantly in any key eurozone nation during 2014, according to new forecasts released by the European Commission. Recession in 2013 in the eurozone will be worse than expected, with GDP slipping 0.4%...

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Warren Buffett Makes Twitter Debut

Warren Buffett, the world's most famous investor, has joined Twitter and picked up 262,000 followers in his first 18 hours. The 82-year-old 'Oracle of Omaha' announced his debut on the site by simply tweeting: "Warren is in the house." His second tweet...

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Barclays: Bob Diamond Breaks His Silence

Former Barclays boss Bob Diamond, who resigned in the wake of last year's Libor scandal, is reportedly planning a new merchant bank to operate in Africa and Europe. According to the New York Times, American-born Mr Diamond has been speaking to investors...

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The Sky News Business Round-Up And Look Ahead

Sky's Naomi Kerbel offers a look ahead to what's coming up in the week's business news. :: Monday 6th May UK bank holiday :: Tuesday 7th May HSBC Q1 results :: Wednesday 8th May J Sainsbury Q1 results :: Thursday 9th May UK interest rate...

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US Creates 165,000 New Jobs In April

The United States created 165,000 new non-farm jobs in April, with the figure beating expectations. Hiring was much stronger in the previous two months than first thought, and the gains trimmed the unemployment rate to a four-year low of 7.5%, the official...

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Smartphones: Debit Cards Of The Future?

By Liz Lane, Sky News Reporter Smartphones could soon become an even greater part of our lives as networks join forces to let us pay for high street goods with our mobiles. The battle to dominate the market for "virtual wallets" is heating up,...

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US Giant HCP Swoops On Barchester Healthcare

By Mark Kleinman, City Editor A giant of the American healthcare industry has teamed up with the former owner of Southern Cross, the collapsed care-home group, to take control of the debts of another of Britain's biggest private operators. I have...

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Sainsbury's To Bank On Lloyds Buyout

By Mark Kleinman, City Editor The supermarket chain J Sainsbury will next week move to take full control of its banking operations by striking a deal to buy out its partner, Lloyds Banking Group. I have learnt that Sainsbury's is on the verge of...

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