Ireland Bailout Exit 'Not End Of The Road'

Ireland's finance minister has warned of continuing pain ahead as the country prepares to officially exit its bailout. At a news conference in Dublin ahead of Sunday's milestone, Michael Noonan told reporters "this isn't the end of the road" but...

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Cameron Holds Airport Summit As Row Looms

By Mark Kleinman, City Editor David Cameron has held a secret summit with the head of a panel reviewing options for expanding Britain's airport capacity as he braces for a major row to erupt on the issue next week. Sky News has learnt that the...

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HS2 Report: High-Speed Rail 'Essential To UK'

High-speed rail is "essential for the UK", according to a report by a committee of MPs. The risk of not going ahead with the project "significantly outweigh the risks of doing so", the House of Commons Transport Committee has said. The MPs suggested...

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House Approves Budget Deal In Bipartisan Vote

The House has given sweeping bipartisan approval to a budget bill backed by both President Barack Obama, his Democratic allies and a big majority of the chamber's Republicans. The 332-94 vote sends the measure to the Senate, where Republicans are more...

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RSA Boss Quits Over Insurer's Irish Woes

Shares in More Than insurer RSA tumbled 19% on opening on Friday after its chief executive resigned amid the crisis in its Irish division. Simon Lee, whose job was on the line after two recent profits warnings, stood down with immediate effect. He...

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Apple Probe: China Factory Overtime 'Excessive'

An inquiry into alleged sweatshop conditions in Chinese factories that make Apple gadgets has found improvement, but there are still concerns about excessive working hours. The Fair Labor Association (FLA) released its findings after being tasked by...

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Food Poverty: 1.5m UK Pensioners Struggling

By Ashish Joshi, Sky News Correspondent More than 1.5 million British pensioners are now living in food poverty - and the situation is set to worsen this winter, according to new research. The Centre for Economics and Business says a quarter of...

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Ireland's Bord Gais Energy Sold To Centrica

British Gas owner Centrica is in line to take over the energy supply arm of Ireland's state-owned Bord Gais as part of a £1bn deal. The group is part of a consortium that would pick up a business with more than 700,000 Irish household and business customers...

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Versace: Italian Fund Steps Off £900m Catwalk

By Mark Kleinman, City Editor Italy's sovereign wealth fund is close to bowing out of the race to buy a stake in Versace as a trio of international private equity firms battle to invest in one of the world's best-known fashion houses. Sky News...

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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 16 On Monday, the Federation of Small Business will release its quarterly review looking at how regions and sectors have performed in the fourth...

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