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Economy: Firms Demand Infrastructure Urgency

Written By Unknown on Senin, 16 September 2013 | 23.34

The CBI has launched a stinging attack on the Government, accusing the coalition of dragging its heels on delivering promised infrastructure spending to help lift the economy. The business lobby group said it feared there was a "lack of political will"...
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Vince Cable Calls For Minimum Wage Increase

Business Secretary Vince Cable is pressing for an increase in the minimum wage amid concerns that many lower-paid workers are still not benefiting from the burgeoning economic recovery. Speaking before the Liberal Democrat party conference in Glasgow...
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Leigh-Pemberton To Lead Taxpayer Banks Body

By Mark Kleinman, City Editor The son of a former governor of the Bank of England will on Monday be appointed as the new chief executive of the body which manages the taxpayer's stakes in Britain's bailed-out banks. Sky News can exclusively reveal...
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Bank Seven-Day Switch Scheme May Fall Flat

By Poppy Trowbridge, Business and Economics Correspondent The Government wants banks to work harder to win your business and is backing an initiative to allow customers to swap current accounts within seven working days. But exclusive research...
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Benefit Cheats Face Up To 10 Years In Jail

Benefit cheats will face increased jail terms of up to 10 years in a crackdown on those who "flout the system", Britain's most senior prosecutor has said. Keir Starmer QC warned it was time for a "tough stance" against the perpetrators of benefit and...
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Clegg Wins Economy Vote After Cable Falls In

Nick Clegg has been given his party's backing over the coalition's economic strategy, avoiding any challenge to his authority. The Lib Dem leader took the unusual step of asking conference delegates to vote in favour of a motion endorsing the Government's...
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Naomi Campbell Criticises Fashion 'Racism'

By Richard Suchet, Arts and Entertainment Correspondent Naomi Campbell has told Sky News the fashion industry is still plagued by racism, despite attempts to eradicate it over a number of years. The supermodel criticised casting agents and accused...
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Barclays Battles Watchdog Over £50m Deal Fine

By Mark Kleinman, City Editor Barclays has confirmed that it is facing a £50m fine from the City watchdog over the £11.8bn capital-raisings that allowed it to remain out of Government ownership five years ago. The bank confirmed a Sky News report...
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Ryanair: Stansted Deal 'To Create 7,000 Jobs'

Ryanair says a ten-year deal with the owners of Stansted Airport may result in up to 7,000 new jobs being created. The no-frills carrier said the agreement, which will see Ryanair grow its traffic at Stansted by over 50% from 13.2 million passengers...
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Larry Summers Quits Race To Become Fed Chair

European stock markets hit a five-year high after Larry Summers, the frontrunner to become the next chairman of the U.S. Federal Reserve pulled out of the running for top post. Mr Summers who is a former policy advisor to President Barack Obama was...
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