Energy Bills: UK Gas Prices Hit Record Low

UK wholesale gas prices have hit a record low, piling more pressure on energy firms to explain why household bills have not been slashed. The latest fall in raw costs - for November and December delivery - has resulted in a 23% fall over the year...

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BBA: New Oversight Will Hurt Smaller Banks

By Mark Kleinman, City Editor Smaller lenders would be hit by new rules heralding the world's toughest oversight regime for senior bankers, according to the industry's main City-based lobbying groups. The warning is contained in a confidential paper...

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Starbucks Plans To Start Coffee Deliveries

By Sky News US Team Starbucks plans to offer a delivery option on its mobile app in some parts of the US starting next year. The announcement was made after the Seattle-based coffee giant reported lower-than-expected quarterly sales. "We are playing...

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US Stocks Back At Record Highs After Stimulus

US stock indexes have climbed back to record highs after a surprise stimulus package from Japan's central bank. Just two weeks after the US market had its biggest slump in two years, the Dow Jones industrial average rose 194 points - 1.1% - to close...

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UK Begins Paying Back First World War Debt

The Government has announced it will pay off part of the UK's First World War debt - the first such payment for 67 years. The Treasury will repay £218m of the £2bn still owed from the 1914 to 1918 war, as part of a redemption of bonds stretching...

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StanChart Board In Singapore For Crunch Talks

By Mark Kleinman, City Editor Directors of Standard Chartered will meet in Singapore next week amid growing investor pressure for the underperforming bank's chairman and chief executive to step down. Sky News understands that the emerging markets...

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Superdry Owner Warns On Warm Weather Trading

The company behind Superdry is the latest clothing retailer to warn of a hit to profits from the unusually warm autumn. SuperGroup said it had cut its full-year profit guidance - now in the range of £60m to £65m - from analyst...

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World Savings Day: Banking On Zambia

By Sam Washington, Sky News Business Presenter, in Zambia World Savings Day is a timely reminder that 2.5 billion people around the world have no access to formal financial services. The International Monetary Fund and the World Bank believe that...

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RBS Grows Profit But Sets Aside Further £780m

Royal Bank of Scotland (RBS) has set aside a further £780m to cover the costs of conduct issues, including the PPI mis-selling scandal. The news was released alongside its third-quarter results which demonstrated that the bank's recovery was continuing...

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'Psycho' Halloween Costumes 'Demonise' Ill

Some Halloween costumes are in danger of mocking the mentally ill, a Government minister believes. The 31 October event is stigmatising mentally ill individuals by selling outfits branded "psychos or schizos or freaks", LibDem Care and Support Minister...

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