Lloyds' Libor Fine To Help Armed Forces

Millions of pounds of fines imposed on Lloyds Banking Group for manipulating lending rates will go to military good causes. The Prime Minister, along with the Chancellor George Osborne, made the announcement on a visit to a Royal Marines base in Poole,...

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RBS To Pour Billions Into Yawning Pension Gap

By Mark Kleinman, City Editor Royal Bank of Scotland (RBS) is to pour billions of pounds extra into its pension scheme during the next decade to fill a ballooning deficit exacerbated by years of low interest rates. Sky News can reveal that the...

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World Cup Betting Surge Boosts William Hill

William Hill says it got a boost from the World Cup with an 80% increase in betting compared with the 2010 tournament. Just over 20 million bets were placed, worth £227m, with three-quarters of punters betting online rather than in a betting shop. Sixty...

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One Direction Album Is World's Biggest Hit

Chart-toppers One Direction had the biggest selling album in the world last year - the sixth year in the last seven a British act has topped the global sales chart, according to new figures. The group's third album, Midnight Memories, sold four million...

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BA Owner IAG Announces Profits Of £182m

International Airlines Group, the owner of British Airways and Iberia, has announced a half year operating profit of £182m (€230m). The company says the results are £208m (€230m) better than 2013, when it made a £26m loss. IAG's chief executive, Willie...

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L&G To Launch £500m Urban Regeneration Fund

By Mark Kleinman, City Editor Legal & General, Britain's biggest pension fund manager, is in talks about creating a £500m investment vehicle that will be used to finance major UK urban regeneration projects. Sky News has learnt that L&G...

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Gatwick Fliers Advised Over Swissport Problems

Passengers at Gatwick are being advised to pack essential items in their hand luggage ahead of more possible disruption at the airport this weekend. Baggage-handling company Swissport is under fire after many travellers reported waiting several hours...

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US Unemployment Rate Ticks Up To 6.2% In July

The US economy has generated 209,000 new jobs in July, fewer than expected even as the upward trend remains steady. The unemployment rate ticked up to 6.2% from 6.1% as more Americans started looking for work. The figure for July was well below the...

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High Street Revival 'Has Shown Little Impact'

By Frazer Maude, Sky News Correspondent The self-titled "Queen of Shops" has come under fire after her Government-backed bid to revive the High Street has shown little impact. Wolverhampton was one of 12 town centres chosen to pilot retail guru...

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Brady And Ex-M&S Boss To Get Tory Peerages

By Mark Kleinman, City Editor David Cameron is to hand peerages to The Apprentice star Karren Brady, the former Marks & Spencer (M&S) boss Sir Stuart Rose and a multimillionaire Conservative donor in a wave of appointments that could revive...

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