Flood Victims Hit By Huge Insurance Quotes

By Siobhan Robbins, West of England Correspondent Flood victims in Somerset say they are facing insurance quotes of tens of thousands of pounds to protect their homes from future flooding. Sky News has seen one renewal quote of almost £100,000...

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Luxembourg Bows To EU Over Big Firm Tax Deals

Luxembourg has agreed to give European Commission officials a list of hundreds of companies with which it has tax deals. The low-tax territory has done a U-turn over the data, after originally threatening to take the EU to court in a bid to keep the...

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Falling Oil Prices Could Spell Serious Trouble

Paul Kenworthy has been an oilman for more than two decades. He is the owner of 10 wells near Midland West Texas and has seen good times and bad come and go, several times over. But the precipitous drop in oil prices on what they called Black Friday...

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Can Putin Survive Sustained Economic Pain?

When Vladimir Putin came to power in 1999, oil cost around $10 a barrel. During his first two terms the global oil price rocketed - it gave the impression of an economy that was booming, and a real increase in the standard of living for some. A small...

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New EBA Rules To Crackdown On Card Fraud

New rules aimed at cracking down on card payment fraud have been revealed. The European Banking Authority (EBA) published the more stringent guidelines, making payment service providers toughen up on customer identification before proceeding with...

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BlackBerry Stems Loss To Just Over $1m A Day

Struggling smartphone maker BlackBerry has seen its share price plunge almost 10%, after revealing losses of more than $1m a day. In early trades on Friday the share price dropped 8.5%, after it reported its financial results for the fiscal third...

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Pump Prices: Cheap Petrol Comes With A Warning

Tumbling oil prices are resulting in lower petrol costs, but there are warnings the good news for drivers may not last. With prices falling by more than 40% since June's high of $111 a barrel, there have been an increasing number of reports suggesting...

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Push To Get More Women Into The Cockpit

By Charlotte Lomas, Sky News Reporter More than four decades after the first British female pilot took to the skies in a commercial airliner, there are still few women choosing flying as a career. But why are there so few female pilots? Of the 3,500...

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North Korea: We Can Prove Hacking Wasn't Us

North Korea: We Can Prove Hacking Wasn't Us We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Play video "Doubts Raised Over Hacking Claims" Video: Doubts Raised Over Hacking Claims...

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MPs Summon City Watchdog Bosses Over Probe

Two City watchdog executives criticised following a probe into the insurance industry are to give evidence on the crisis to a powerful panel of MPs, it has been confirmed. Clive Adamson, the Financial Conduct Authority's (FCA) director of supervision,...

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Treasury To Unveil 'Landmark' Bank Agreement

By Mark Kleinman, City Editor Ministers will next week hail a "landmark" deal with Britain's nine biggest lenders to offer millions of consumers a new fee-free basic bank account. Sky News has learnt that the Treasury will announce on Monday that...

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UK Flights Chaos After Traffic Control Glitch

More than 100 flights have been cancelled and many others delayed after a major computer failure grounded planes in London and the South. A glitch at the state-of-the-art UK air traffic control centre headquarters in Swanwick, Hampshire, caused severe...

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Water Bills To Fall By £20 Over Next 5 Years

Household water bills should fall by around £20 over the next five years, the industry watchdog has ruled. The 5% real-terms drop, excluding inflation, would see average bills come down from £396 to £376 by the end of the decade, according to Ofwat....

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Energy Firms Fined For Missing Green Targets

The energy regulator says it has secured £4.6m in fines from three power suppliers for failing to meet obligations to low-income households. Ofgem said Scottish Power would pay £2.4m for missing targets under the Government's Community Energy Saving...

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US Shutdown Averted With $1.1tn Budget Deal

The US House of Representatives has passed a $1.1tn (£700bn) budget bill, averting a government shutdown with just hours to spare. The Republican bill was passed by 219 votes to 206, after the White House urged Democrats to back it. The legislation...

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Prices At The Pump To Hit Four-Year Low

Petrol prices are set to fall to a four-year low as a leading supermarket prepares to shave another 2p off a litre. Asda said it will bring its price for unleaded down to 112.7p a litre on Saturday, which will mean it is at its cheapest since October...

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FTSE 100 Suffers Worst Week In Three Years

More than £110bn has been wiped off the value of Britain's leading companies as the FTSE 100 suffered its worst week in three years. The index closed down 161.07 points on Friday, a loss of 2.49%, making an overall drop of 6.6% since Monday - the...

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Yodel Suspends Collections Hitting Deliveries

Yodel Suspends Collections Hitting Deliveries We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Play video "Yodel Suspends Collections" Video: Yodel Suspends Collections ...

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Express Owner Desmond Hands £300k To UKIP

By Mark Kleinman, City Editor The Daily Express owner Richard Desmond has agreed to donate £300,000 to UKIP, bolstering the party's war chest less than five months before the general election. Sky News has learnt that Mr Desmond pledged the money...

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Sony Hackers Leak Folder Called 'Passwords'

The latest leak from the Sony Pictures Entertainment hack reveals the media giant saved thousands of internal passwords in a folder called... "Passwords". Documents posted online since the cyber-attack last month include personal details of 47,000...

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US Jobless Rate Steady Despite Massive Hiring

US job creation smashed estimates last month with 321,000 new positions, although the jobless rate remained static. The Labor Department said it was the strongest monthly performance in almost three years and wages also increased - a development...

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