Coal Pit Closures 'To Cost 2,000 Jobs'

Ministers have been accused of leaving Britain at the mercy of overseas energy suppliers by refusing to ensure UK Coal's long-term future. A decision to support only the "managed closure" of the firm's remaining deep-pit mines at Kellingley in North...

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House Prices To Soar Amid Property Shortage

Housing sales have reached their highest level for six year, fuelling fears that many buyers will be priced out of the market. Surveyors sold an average of 23 homes during the three months to March - the highest number since February 2008, according...

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Current Account Switching Up In New Scheme

A growing number of consumers have taken advantage of a new regime making it easier to switch banks. More than 600,000 current account customers moved to new providers in the last six months, since the week-long switch guarantee was launched. The number...

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Gatwick Airport Disruption A 'Wake-Up Call'

Disruption at Gatwick Airport that left thousands of travellers stranded on Christmas Eve last year should be a wake-up call for all airports, according to a report by MPs. A power failure at the airport triggered by flooding forced delays and cancellations...

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Business Round-Up And Week Ahead

Push To Boost Number Of Women In Boardrooms Updated: 12:43am UK, Friday 11 April 2014 By Anushka Asthana, Sky Political Correspondent Ministers have started a process they hope will pave the way for all-women short lists in business for the first...

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Wet February Wipes £270m From Building Sector

Woolly weather in February caused a sharp decline in UK construction, wiping more than a quarter of a billion pounds from the sector. The Office for National Statistics (ONS) said output fell to £5.8bn, down 2.8% from January. Output is defined as...

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City Fights Back In Row Over £1bn Essar Deal

By Mark Kleinman, City Editor A group of powerful City investors took steps on Friday to block a £1bn takeover of Essar Energy, an India-based oil refiner which is fast-becoming a test-case for the protection of minority shareholder. Sky News has...

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Co-op Bank In Record £1.3bn Annual Loss

The struggling Co-operative Bank has reported a pre-tax annual loss of £1.3bn and said it would not return to profit for at least two years. The bank also confirmed it would not make £4.97m deferred annual bonuses to its former bosses. Chief executive...

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Osborne Jail Threat For Offshore Tax Evaders

Wealthy people who stash money in offshore accounts to evade paying tax could be sent to jail, the government has said. Chancellor George Osborne said new proposals could mean that people who hide their cash overseas could face criminal charges even...

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Push To Boost Number Of Women In Boardrooms

By Anushka Asthana, Sky Political Correspondent Ministers have started a process they hope will pave the way for all-women short lists in business for the first time. Sky News has seen a letter sent to the Government's equality body asking it to...

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