English

Friday, Feb 23

19

3,200 jobs at risk as Toys R Us UK nears collapse

Sky News / UK

The directors of Toys R Us's British chain are preparing to appoint administrators early next week in a move that will threaten more than 3,000 jobs on an already-troubled high street.

18

'Self-serving' ex-BHS owner Chappell fined £87k

Sky News / US News

Former BHS owner Dominic Chappell has been ordered to pay £87,170 for failing to provide pensions information to an investigation into the collapse of the retailer.

15

Architect of £11bn merger to step down in 2019

news.sky.com

The chairman of Standard Life Aberdeen is to step down next year after helping to create the company in an £11bn merger.

13

Persimmon bosses agree £51m cuts to bonuses

Sky News / Business

Executives at house builder Persimmon have agreed to £51m worth of cuts to their bonuses after an outcry over the expected bonanza.

10

Oh Snap! Jenner's tweet sees Snapchat shares fall

Sky News / Technology

A tweet by Kylie Jenner led to a $1.3bn (£930m) fall in the value Snap Inc, the parent company of Snapchat.

08

RBS reports first annual profit in a decade

Sky News / US News

State-backed lender Royal Bank of Scotland has reported a profit of £752m for 2017, the first time in a decade it has been in the black.

03

Workers lose £31bn in 'free' overtime - TUC

Sky News / Business

The UK's workforce is being urged to take a proper lunch break and leave on time this Friday as a report claims staff lost £31bn in unpaid overtime last year.

Thursday, Feb 22

22

Snap boss bagged a cool $638m last year

Sky News / Business

Wall Street has been left wide-eyed amid revelations the co-founder and chief executive of Snap was awarded $638m (£458m) in 2017.

20

Standard Life Aberdeen chair Grimstone to step down

Sky News / Business

The chairman of Standard Life Aberdeen is to step down within two years of helping to create one of Britain’s biggest fund managers in an £11bn merger.

17

Regulator and auditor 'spectators' on Carillion

news.sky.com

The Pensions Regulator (TPR) and auditors have been accused by MPs of being "spectators" ahead of the collapse of Carillion.

15

Dyson suffers setback in energy label case

Sky News / Business

Dyson has suffered a legal setback in its battle to secure improved energy efficiency ratings for its bagless vacumm cleaners.

Serco profits down but boss is still optimistic

news.sky.com

Serco has reported a fall in profits but is still optimistic it can emerge as one of the winners from the turmoil hitting the outsourcing sector.

11

GDP weaker than expected at end of 2017

Sky News / Business

The UK economy grew by 0.4% during the final quarter of 2017, according to the Office for National Statistics.

HSBC chairman Tucker embarks on boardroom cull

Sky News / Business

The new chairman of HSBC Holdings is preparing sweeping changes in the boardroom of Europe's biggest lender that will involve roughly one-third of its directors heading for the exit.

09

Centrica to cut 4,000 jobs as it loses customers

Sky News / Business

British Gas owner Centrica says it will shed 4,000 jobs by 2020 as it announces a big fall in operating profit.

08

Barclays faces pay backlash after annual loss

Sky News / Business

Barclays has posted an annual loss of £1.9bn and faced a backlash on gender pay after it admitted women in its investment bank unit are paid, on average, almost half the sum enjoyed by men.

Wednesday, Feb 21

00

Funds platform AJ Bell plots London float

Sky News / Business

One of Britain's biggest online investment platforms is drawing up plans for a London listing that will crystallise a huge fortune for the executive who launched it nearly 25 years ago.

18

KFC crisis: Almost 300 branches still closed

Sky News / US News

More than 600 of KFC's nearly 900 outlets are now open following days of chicken shortages across the country due to a new delivery contract.

14

Ritazza chair faces 'overboarding' revolt

news.sky.com

The chairman of the company behind the Upper Crust food concession operator is facing an investor revolt amid City concern about directors holding excessive numbers of boardroom roles.

Why the world will remain thirsty for oil: BP

news.sky.com

Predicting what will happen during the next 12 months is tricky enough in most cases, let alone looking ahead more than 20 years, yet BP bravely attempts this each year with its annual energy review.

AA slumps as strategy plan hits profit outlook

Sky News / Business

AA shares have slumped by more than a fifth after it warned on profits and said it planned to pay lower dividends.

11

UK's unemployment suffers unexpected rise

Sky News / Business

The UK's unemployment level has unexpectedly risen by the biggest amount in almost five years, official figures show.

City watchdog in spotlight over leadership

Sky News / Business

The leadership of the City watchdog is facing scrutiny after it emerged that the man appointed as its next chairman had invested in a tax relief scheme.

09

Lloyds profits hit record in 'landmark year'

Sky News / Business

Lloyds Banking Group has hailed a "landmark year" as annual profits soared by 24% to a record £5.3bn, yet it continues to be dogged by the cost of past scandals.

03

Single-parent families 'let down' as poverty rises

Sky News / UK

One in three children with a working single parent live in poverty, a new report warns, and this could rise dramatically by 2021.

Tuesday, Feb 20

21

Revived Ll‎oyds to unveil £1bn share buyback

Sky News / Business

Britain's biggest high street lender will underline the rejuvenated strength of its balance sheet on Wednesday when it announces plans to return another £1bn to investors through a new share buyback.

18

PPF demands 'independent' Toys R Us administrator

Sky News / Business

The pensions lifeboat is demanding that directors of Toys R Us UK line up an 'independent' administrator if talks about a rescue of the chain break down in the coming days.

17

Central bank chief suspended in bribery scandal

news.sky.com

Imagine the turmoil if Mark Carney, the Bank of England governor, had spent the weekend under arrest following allegations from a leading bank that he had been seeking and accepting bribes - all as payments from another top UK bank had…

16

MPs publish report on 'disgraceful' RBS unit

Sky News / Business

MPs have taken the unusual step of using parliamentary privilege to publish a regulator's full report on Royal Bank of Scotland's controversial Global Restructuring Group (GRG).

Asda boosted by vegan-friendly mince pies

news.sky.com

Britain's third-largest supermarket has said sales rose in the key Christmas quarter partly thanks to the popularity of vegan-friendly mince pies.