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 December 9 On Monday, eurozone finance ministers will gather in Brussels ahead of Tuesday's Economic and Financial Affairs Council meeting. :: Tuesday...

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Qantas Sinks To 'Junk' Status In Airline War

The credit standing of embattled Australian airline Qantas has been downgraded by a leading rating agency to "junk" status. Standard & Poor's reassessment of the world's second oldest airline comes after the carrier issued a shock profit warning...

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Domino's Pizza Shares Sliced As Boss Quits

Britain's biggest pizza delivery firm has seen its share price fall flat after its boss decided to quit. Domino's Pizza's share price dropped more than 9% in early Friday trading after it confirmed that chief executive Lance Batchelor would leave next...

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E.ON Dual Fuel Price Tariff To Go Up By 3.7%

Energy supplier E.ON has announced an average price rise of 3.7% for its dual fuel customers, effective from January 18. The company said the increase in the dual fuel tariff will add an average of £48 to customers' bills. Consumers with electricity...

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JCB To Create 2,500 Jobs In £150m Expansion

Construction machinery maker JCB has announced a plan to create 2,500 jobs as part of a £150m investment programme. The company said it would expand its operations in Staffordshire and create the jobs by 2018. It estimates that the job boost would...

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RBS Sued In £150m Pre-Crash Advice Battle

Royal Bank of Scotland and a leading rating agency are being sued for £150m over so-called toxic products in the global financial crash. Sixteen European institutional investors have launched legal action against Standard and Poor's (S&P), and the...

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Cath Kidston To Bloom In £250m New Year Sale

By Mark Kleinman, City Editor Cath Kidston, the retailer known for its floral-print product ranges, is eyeing a new year sale jackpot that could net its eponymous founder at least £50m. Sky News can exclusively reveal that TA Associates, the buyout...

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Corbett To Log Out Of Moneysupermarket Chair

By Mark Kleinman, City Editor Gerald Corbett is to step down as chairman of Moneysupermarket, the online price comparison business, seven years after steering it through its stock market debut. Sky News understands that Mr Corbett, the former head...

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US Jobless Rate At Lowest For Five Years

The unemployment rate in the United States dropped to 7% in November, the lowest figure for five years. The sharp drop in the rate, from 7.3% in October, was unexpected and raised the odds that the Federal Reserve could soon begin moving away from its...

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NatWest Website Hit By A 'Surge Attack'

The NatWest personal banking website has been hit by a cyber attack in the wake of its IT woes earlier this week, Sky News has confirmed. Some customers trying to log on to the website found it impossible to enter the site. NatWest, which is owned...

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