Business Round-Up And Week Ahead

Sky's Naomi Kerbel offers a round-up of what's coming up in the week's business news. :: Monday November 25 Google's Eric Schmidt will be in town on Monday for a conference at Chatham House entitled Power and Commerce in the Internet Age. The technology...

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Former Co-op Chairman Released On Police Bail

Chancellor George Osborne has announced plans for an independent inquiry into the Co-operative Bank's near collapse, as its former chairman was released by police. The review uses new powers under the Financial Services Act and follows calls from Prime...

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Samsung Told To Pay Apple $290M In Damages

A US jury awarded Apple Inc about $290m in a damages retrial against Samsung Electronics Co Ltd, restoring a large chunk of a historic verdict the iPhone maker won last year. After a week-long trial, the jury deliberated for nearly two days before reaching...

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Royal Mail Fails To Meet Delivery Targets

Royal Mail has been warned it faces an investigation and possible fines if it does not improve services after missing key performance targets. The postal regulator Ofcom said the recently-privatised company missed a requirement to deliver 93% of all...

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Private Prisons Plan Dropped Amid Serco Probe

Plans to put three South Yorkshire prisons into private hands have been dropped amid an investigation into Serco's contracts with the Government. Justice Secretary Chris Grayling said "uncertainty" created by the investigation into the firm - the leading...

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Amazon Eyes Tube Offices For Pick-Up Points

Amazon has refused to comment on reports that it is in talks to convert space in London's Tube ticket offices into pick-up points for its parcels. The development emerged only hours after Tube bosses confirmed plans for the closure of most ticket offices...

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Intern Death: Fatigue May Have Triggered Fit

A 21-year-old intern died of an epileptic fit that may have been triggered by fatigue after working "exceptional" hours at a top investment bank, an inquest has heard. Moritz Erhardt's body was found in a shower at his temporary accommodation after...

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King Warned Of Political Push For Co-op Deal

By Mark Kleinman, City Editor The Governor of the Bank of England warned one of the bidders for more than 630 Lloyds Banking Group branches that its offer would fail because of "a political desire" to see a rival proposal from the Co-operative Group...

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Energy Bills: Ofgem Targets Power Operators

The energy regulator has moved to help cut household energy bills in future by rejecting business plans from five of the six companies that own and operate Britain's local electricity network. The five firms, whose activities form below 20% of an annual...

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Comparison Websites Investigated By Watchdog

Fourteen price comparison websites are to be investigated following concerns that some of them could be misleading customers. The Financial Conduct Authority (FCA) is looking into potential conflicts of interest, examining whether any sites are promoting...

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