Cable Drawn Into Row Over 'Russian' Oil Bid

By By Mark Kleinman, City Editor Vince Cable, the Business Secretary, has been drawn into a row about the controversial takeover of a London-listed oil group that is reliant on funds from one of Russia's largest banks. Sky News has seen a letter...

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Talks To Avert Two-Day Tube Strike Collapse

Last-minute talks to avert strikes by London Underground (LU) workers have collapsed without agreement. Rail, Maritime and Transport (RMT) union members are set to walk out for 48 hours from 9pm tonight, bringing chaos to the capital. A second, 72-hour...

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Angry Birds Creator's Profits Fall By Half

By Tom Cheshire, Technology Correspondent Rovio – the makers of the Angry Birds series of mobile games – has seen its profits fall by more than half. The Finnish games company had profits of £22m in 2013 on revenues of £128m, compared to £45.6m...

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Mortgage Lending Clampdown Comes Into Force

Homebuyers will face more scrutiny by mortgage lenders under new regulations which take effect today. The industry-wide changes affect home buyers and people looking to re-mortgage and they will mean that lenders have to take a much stronger interest...

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Unemployed Face Work Scheme Or Sanctions

The long-term unemployed will only receive their benefits if they sign on at a jobcentre every day or commit to a six-month stint of voluntary work under the Government's new Help to Work scheme. Prime Minister David Cameron says the scheme is designed...

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Internet Explorer Users At Risk From Major Bug

Users of Microsoft's Internet Explorer web browser are at risk after a major security flaw was discovered. The bug could allow hackers to gain control of a victim's computer and Microsoft admitted there had already been "limited, targeted attacks" to...

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HS2 Rail Link: Government Facing Rebellion

By David Crabtree, Midlands Correspondent Rebels are expected to oppose plans for the £50bn HS2 scheme in the debate on the Hybrid Bill in the house of Commons. The second reading of the HS2 Hybrid Bill will see MPs discuss the principle...

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Banks To Be Tested On 35% House Price Slump

By Mark Kleinman, City Editor Britain's biggest banks and building societies could be forced to raise billions of pounds of fresh capital unless they can demonstrate their ability to withstand a house price slump of roughly 35%. Sky News has learnt...

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Pfizer Confirms Bid Interest For AstraZeneca

AstraZeneca: The Key Statistics Updated: 10:51am UK, Monday 28 April 2014 American pharmaceutical giant Pfizer, which makes Viagra, has until May 26 to confirm its intentions in what could be Britain's biggest ever takeover. Here are some key statistics...

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Three Ex-Barclays Staff Charged Over Libor

The Serious Fraud Office (SFO) has charged three former employees of Barclays Bank in the manipulation of the London inter-bank offered rate, Libor. The SFO said Jay Vijay Merchant, Alex Julian Pabon and Ryan Michael Reich have been charged with conspiracy...

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