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SKY NEWS

Australian Finance

The Australian Money Market

Sky News :: Australian Finance

Finance Business News

Business News - Markets reports and financial news from Sky

Sky business news provides up to the minute reports on markets, share prices and the world economy, alongside expert business commentary.

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

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.

Posted on 23 February 2018 | 5:10 pm

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

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.

Posted on 23 February 2018 | 4:18 pm

Architect of £11bn merger to step down in 2019

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

Posted on 23 February 2018 | 1:22 pm

Persimmon bosses agree £51m cuts to bonuses

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

Posted on 23 February 2018 | 11:39 am

RBS reports first annual profit in a decade

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.

Posted on 23 February 2018 | 6:57 am

Oh Snap! Jenner's tweet sees Snapchat shares fall

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

Posted on 23 February 2018 | 6:10 am

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

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.

Posted on 23 February 2018 | 12:00 am

Dyson suffers setback in energy label case

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

Posted on 22 February 2018 | 1:58 pm

Centrica to cut 4,000 jobs as it loses customers

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

Posted on 22 February 2018 | 7:15 am

Barclays faces pay backlash after annual loss

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.

Posted on 22 February 2018 | 6:24 am

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