House Price Growth 'Hits New Three-Year High'

House prices have recorded their fastest growth in almost three years in a further sign that the market is gathering pace, according to a new study. Nationwide said the annual increase of 1.9% registered in June pushed average UK prices to £168,941,...

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EU Summit: Cameron Claims Rebate Victory

The Prime Minister has slammed an EU summit "ambush" aimed at shaving hundreds of millions of pounds off Britain's rebate. David Cameron said proposed changes could have slashed the rebate by £1.5bn over the 2014-2020 budget period and that he found...

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BlackBerry Shares Fall Sharply After Results

BlackBerry has reported a net loss of $84m (£55m) for the first quarter of the year, missing analysts' forecasts and sending shares down by 17%. The Canadian phone maker has been trying to turn around its fortunes with the release of new handsets, the...

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Chancellor Courts Bankers For RBS Break-Up

By Mark Kleinman, City Editor The Treasury has begun the search for advisers to map out the future structure of Royal Bank of Scotland (RBS) as it wrestles with a break-up that could delay a mass share sale for years. Sky News understands that...

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Starbucks Losses Hit £30m In Last Tax Year

By Pete Norman, Sky News Online Starbucks UK reported a net annual loss of more than £30m for the 12 months to September 30, according to newly-released documents. Accounts filed with Companies House show that Starbucks Coffee (UK) Ltd reported...

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Google 'Developing Android Console And Watch'

Google is developing a video games console and a watch based around its Android operating system, reports suggest. The Wall Street Journal (WSJ) says one of the devices could be released as early as this autumn. Google is increasingly moving from its...

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Facebook To Remove Adverts From Adult Pages

Facebook will stop advertisements appearing on pages containing sexual or violent content after a number of companies suspended their campaigns. Marks and Spencer and BSkyB, the parent company of Sky News, were among those to pull their adverts from...

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The Sky News Business Look Ahead

Sky's Naomi Kerbel offers a look ahead to what's coming up in the week's business news. :: Monday July 1 Bank of England - Mark Carney's five-year term begins Croatia - European Union accession :: Tuesday July 2 Ocado Group interim results OECD...

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Gold Tarnish Worsens Amid Commodity Sell-Off

Gold has traded near to its lowest level in almost three years and is on track for its worst quarterly performance since at least 1968. London early trading on Friday saw gold sit at $1,206 but by 1.45pm it had dropped to $1,191.99. The hit to the...

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Crown Post Office Staff Stage Strike Action

By Emma Birchley, East of England Correspondent Post Office workers have gone on strike over plans to close 70 state-owned branches and a dispute over pay. The closing Crown branches - which are currently directly managed by Post Office Ltd - would...

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