Lastminute Owner Eyes Sale Of UK Dotcom Icon

By Mark Kleinman, City Editor Lastminute.com, one of the icons of the original dotcom boom, is being put up for sale nearly a decade after its takeover by an American technology giant. Sky News has learnt that Sabre Holdings, which is listed in...

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EU Compensates Farmers Over Russia Sanctions

The European Commission has pledged £100m to assist fruit and vegetable producers hit by Russia's ban on EU food imports. The money will come from the reformed Common Agricultural Policy, which includes an emergency reserve to compensate for market...

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Fracking Activists In Sticky Whitehall Protest

Anti-fracking campaigners have super-glued themselves to the entrance of a Whitehall department demanding full disclosure over the controversial drilling technique. The protesters from Reclaim the Power and No Dash For Gas said the demonstration at...

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Cameron Admits Policies Have 'Hurt Families'

All government policies will have to pass a "family test" under plans announced by David Cameron. The Prime Minister used a speech to admit children and parents have often suffered as the result of legislation. From October, Whitehall impact assessments...

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German Writers Join Amazon Ebook Protest

More than 1,000 German-language authors have signed a petition against the tactics used by Amazon in its ebook price battle with Scandinavian publishing house Bonnier. "In the past few months, Bonnier authors are being boycotted and their books no longer...

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UK Growth Hits Fastest Annual Pace Since 2007

The annual rate of UK economic growth has been revised upwards to 3.2% - its fastest pace since the end of 2007. The announcement was made by the Office for National Statistics (ONS) as it confirmed GDP growth of 0.8% in the second quarter of the year....

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Wall Street Giants Swoop On Sub-Prime Lender

By Mark Kleinman, City Editor Two giants of Wall Street are in advanced talks to acquire Kensington, one of the UK's biggest sub-prime mortgage lenders. Sky News has learnt that divisions of Blackstone and TPG, the US-based private equity groups,...

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Downloads Drop As Appetite For New Apps Wanes

Fears have been raised that downloading of smartphone apps has reached saturation point - because they are getting too good. Researchers said almost a third of users do not download apps in a typical month. The results raise concern for developers...

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Truells Eye Float Of Magazine Group Imagine

By Mark Kleinman, City Editor Two of the City's most prominent siblings are plotting a flotation of Imagine Publishing, a magazine imprint whose titles include All About Space and Total 911, the Porsche enthusiasts' bible. Sky News understands...

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Nationwide Profit Rockets In Housing Surge

High street lender Nationwide has seen underlying profit more than double in the three months to the end of June. First quarter profit for the building society reached £263m, up 117% on the same period last year. Statutory profit was up 141%, to £253m...

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