HMS Audacious: New Super Submarine For Navy

By Alistair Bunkall, Defence Correspondent A £1.2bn contract has been agreed to build a new submarine for the Royal Navy. The deal, awarded by the Ministry of Defence (MoD) to BAE Systems, will safeguard 3,000 jobs at the company's Barrow shipyard...

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Unemployed To Get Free Bus Rides To Find Jobs

Bus companies have come together to offer free travel to the unemployed as part of a Government-backed scheme to help people find work. Some 800,000 people across Britain who have been without a job for between three months to a year will be eligible...

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Tax Row 'Helping John Lewis Online Sales'

Tax Row: Convenience Still Priority Updated: 7:27pm UK, Sunday 09 December 2012 By Tadhg Enright, Business reporter Recession? What recession? So has been the mantra at John Lewis throughout the financial crisis during which sales growth consistently...

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Twitter Fined Over UK Business Accounts Delay

By Pete Norman, Sky News Online Social media giant Twitter has been fined after failing to file its UK corporate accounts, Sky News has learned. The company was due to lodge its annual accounts no later than September but has still not done so,...

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Pizza Hut Hunts For Larger Slice Of Market

Pizza Hut is hoping to increase its slice of the home delivery market by matching the store count of its key rival. It said it aims to open at least 100 new stores by 2014 through an investment estimated at £20m. Pizza Hut Delivery currently has around...

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50 Shades Of Grey Is Gold For Ann Summers

As many retailers suffer the effects of the consumer spending squeeze, one chain is crediting the popularity of a book for booming sales. Ann Summers tycoon Jacqueline Gold says the success of the saucy literary trilogy 50 Shades Of Grey has helped...

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Man CEO Clarke Makes Way For Roman Empire

By Mark Kleinman, City Editor The chief executive of Man Group, the FTSE-250 hedge fund manager best-known for sponsoring the Booker Prize, will announce this week that he is stepping down in the wake of the dismal performance of its flagship fund....

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E.ON Is Last Of 'Big Six' To Raise Energy Bills

The last of the major energy firms to confirm its winter price rises, E.ON, has said its bills will be going up from January 18. The company is writing to customers to inform them of their plans, which will see the average dual fuel bill rise by 8.7%....

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Branson Bets Walsh £1M On Virgin's Survival

By Tadhg Enright, Business Reporter Sir Richard Branson has called his arch rival Willie Walsh's bluff and asked him to put a £1m bet on the future of Virgin Atlantic. The Virgin founder has rejected speculation by the man who runs the British...

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Exclusive: FSA Blocks New Metro Bank Chair

By Mark Kleinman, City Editor Britain's first new high street bank for more than a century has become embroiled in a spat with the City regulator over the appointment of an American billionaire as its new chairman. I have learned that the Financial...

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