Labour may move Bank of England to Birmingham

Labour may move Bank of England’s headquarters to Birmingham Menu Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Labour may move Bank of England’s headquarters to Birmingham The bank’s headquarters have been in London since 1734, but a report says moving it elsewhere could strengthen the regions. 14:53, UK, Monday 11 December 2017 Image: The Bank of England has been based in Threadneedle Street in the City of London since 1734 Twitter Facebook Google+ Whats App Mail Parts of the Bank of England could be moved out of its historic base in London and relocated to Birmingham under Labour if it

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Chancellor to unveil series of UK-China deals

Chancellor Philip Hammond to unveil series of UK-China deals Menu Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Chancellor Philip Hammond to unveil series of UK-China deals The London Stock Exchange chief, Nikhil Rathi, will be part of a UK delegation in China later this week, Sky News learns. 13:50, UK, Monday 11 December 2017 Image: Philip Hammond and Chinese Premier Li Keqiang in Beijing in May Twitter Facebook Google+ Whats App Mail By Mark Kleinman, City Editor The chief executive of the London Stock Exchange (LSE) will join Philip Hammond on a trade mission to China this week aimed at

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HSBC money laundering prosecution expires

HSBC draws a line under money laundering scandal Menu Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By HSBC draws a line under money laundering scandal Shares in Europe’s biggest lender rose after it said a deferred prosecution with US authorities under a deal in 2012 had expired. 16:47, UK, Monday 11 December 2017 Image: HSBC agreed to strengthen sanctions and money laundering controls Twitter Facebook Google+ Whats App Mail HSBC has drawn a line under scandal that saw it fined $1.9bn (£1.4bn) in the US five years ago for failing to prevent Mexican drug cartels from laundering hundreds of millions of

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SFO spared the chop under economic crime plan

SFO spared the chop under economic crime centre plan Menu Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By SFO spared the chop under economic crime centre plan Theresa May has previously run into opposition after trying to abolish the agency – which has recently upped its game. 16:16, UK, Monday 11 December 2017 Image: David Green is director of the Serious Fraud Office Twitter Facebook Google+ Whats App Mail By Ian King, Business Presenter The Serious Fraud Office has seemingly won a reprieve as the Government announced plans for a new economic crime centre. The news confirms a significant shift in

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Major pipeline to be shut down to fix crack

Major oil and gas pipeline to be shut down to fix crack Menu Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Major oil and gas pipeline to be shut down to fix crack Ineos, which owns the pipeline, said no oil or gas seepage had been detected and repair work was likely to take a couple of weeks. 18:20, UK, Monday 11 December 2017 Image: The pipeline network links North Sea oil and gas fields to the mainland Twitter Facebook Google+ Whats App Mail The Forties pipeline, which carries 40% of North Sea oil and gas, is to be shut down

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Pensions lifeboat could sink Toys R Us revamp

Pensions lifeboat could sink plan for Toys R Us UK revamp Menu Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Pensions lifeboat could sink plan for Toys R Us UK revamp The Pension Protection Fund could play a key role in blocking a restructuring of Toys R Us’s UK business, Sky News learns. 16:49, UK, Sunday 10 December 2017 Image: There are financial woes at Toys R Us in the UK Twitter Facebook Google+ Whats App Mail By Mark Kleinman, City Editor The UK’s pensions lifeboat is weighing whether to reject a restructuring proposal for Toys R Us’s British operations amid

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North Korea 'hacking soaring Bitcoin exchanges'

North Korea is ‘hacking soaring Bitcoin exchanges’, say researchers Menu Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather North Korea is ‘hacking soaring Bitcoin exchanges’, say researchers The value of the crypto-currency is making it attractive to hackers, with thousands stolen from one marketplace this week. 23:04, UK, Friday 08 December 2017 Image: Bitcoin’s value has surged during 2017 amid a fear of missing out among investors Twitter Facebook Google+ Whats App Mail By Tom Cheshire, Technology Correspondent North Korea is seeking to profit from Bitcoin’s surging value by hacking Bitcoin exchanges, security researchers have told Sky News. Ashley Shen, an independent security

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Aviva Investors to land City star Cumming

Star fund manager Cumming to join £350bn Aviva Investors arm Menu Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Star fund manager Cumming to join £350bn Aviva Investors arm One of the City’s top-rated fund managers will be named next week as the new equities chief of Aviva Investors, Sky News learns. 11:58, UK, Saturday 09 December 2017 Image: Aviva is best known for its sponsorship of Premiership Rugby Twitter Facebook Google+ Whats App Mail By Mark Kleinman, City Editor Sky News has learnt that David Cumming‎ is in advanced discussions about a senior role running the equities division of Aviva

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CQC hands Four Seasons debt crisis deadline

Health watchdog gives Four Seasons 48 hours to fix debt crisis Menu Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Health watchdog gives Four Seasons 48 hours to fix debt crisis The adult social care regulator wants Four Seasons to reach agreement over a £26m debt by Monday evening, Sky News learns. 15:36, UK, Saturday 09 December 2017 Image: Four Seasons operates 343 care homes with 17,000 elderly residents Twitter Facebook Google+ Whats App Mail By Mark Kleinman, City Editor Health watchdogs have handed Britain’s biggest care-home operator a 48-hour deadline to resolve a £26m interest payment that has become a

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Kids Company bosses handed 'ban' deadline

Ex-BBC boss Yentob faces ‘five-year ban’ over Kids Company ruin Menu Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Ex-BBC boss Yentob faces ‘five-year ban’ over Kids Company ruin The ex-BBC creative chief Alan Yentob could be excluded from company boardrooms for at least five years, Sky News learns. 12:43, UK, Friday 08 December 2017 Image: Camila Batmanghelidjh and Alan Yentob give evidence to MPs in 2015 Twitter Facebook Google+ Whats App Mail By Mark Kleinman, City Editor Alan Yentob, the former BBC creative chief, is facing a minimum five-year exclusion from holding company directorships as the Government pursues action against

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