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18% rise in Sky profits as customer numbers surge

Digital Desk -
Sky has posted an 18% rise in profits, and seen the best customer growth in 11 years. The broadcaster made £1.4bn in the year to...
BUSINESS

Toshiba chief to quits over doctored books

Digital Desk -
Toshiba’s chief executive is stepping down to take responsibility for doctored books which inflated profits at the Japanese technology manufacturer by 151.8bn yen. Toshiba acknowledged...
BUSINESS

Travelodge earnings up almost 20%

Digital Desk -
Travelodge said its earnings jumped by almost a fifth in the first half of the year as the British budget hotel chain said it...
BUSINESS

Rolls-Royce signs $2.2bn aircraft engine deal

Digital Desk -
Rolls-Royce has announced two new contracts worth a total of $2.2bn two weeks after issuing the latest in a series of profit warnings. Leasing company...
FINANCE

Mark Carney: Interest rates could rise at end of year

Digital Desk -
Bank of England governor Mark Carney has suggested that interest rates could begin to rise at the turn of this year. Mr Carney said he...
BUSINESS

IMF cuts world economic growth forecast

Digital Desk -
A slowdown in the output of advanced economies in the first three months of the year will peg back global growth in 2015, the...
BUSINESS

Bankers sacked for ‘IS’ execution prank on team building day

Digital Desk -
Six bank staff have been sacked after filming themselves staging a mock Islamic State-style execution during a team-building day out. The HSBC workers were dressed...
FINANCE

Takeover of TSB approved by UK regulator

Digital Desk -
TSB’s takeover by Spanish bank Banco de Sabadell has been sealed after UK City regulators gave the £1.7bn deal the green light. Sabadell agreed to...
FINANCE

China now has three of world’s top 5 banks

Digital Desk -
Chinese banks now have three banks in the world’s top five banks, with ICBC in top spot for the third year in a row...
FINANCE

Euro tumbles on back of Greece crisis

Digital Desk -
The euro has tumbled this morning against other currencies because of the Greek debt crisis. The euro is at an eight-year low against sterling, trading...
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