Bank transfer scams cost £236m and most could not be recovered
The report from UK Finance found that 74% of the money was unable to be returned to…
City News
Supplied by
Shell boss Ben van Beurden pockets £7.8m in 11% pay rise
The oil major’s annual report showed his salary rose to £1.32m from £1.29m while he earned £2.6m…
Port of Dover chief faces inquiry over wave of staff allegations
Sky News has learnt that Tim Waggott is the subject of a probe triggered by a wave…
Toys R Us to shut all US stores in liquidation
Less than 24 hours after administrators for the UK business confirmed all 100 stores were to be…
Persimmon lands Devlin as new chair after £110m pay row
Sky News has learnt that Roger Devlin, who was recently named as the new chairman of bookmaker…
£30bn of tax rises needed to plug deficit, IFS claims
The Institute for Fiscal Studies said that the Chancellor would need to implement further cuts or tax…
5G rollout ‘will save British households £450 a year’, report claims
The report by O2 and supported by digital minister Margot James warns that the UK may miss…
FTSE chiefs to air Brexit concerns during summit with May
Sky News understands that bosses from companies including BT, ITV, Legal & General, Lloyds Banking Group and…
Morrisons ‘more competitive’ but shares tumble
The UK’s fourth-largest supermarket chain reported a 17% leap in pre-tax profits for the year to 4…
Prudential demerger to result in two FTSE 100 companies
These days though, you are more likely to find the “Man from the Pru” in a fast-growing…