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Financial News

HSBC clears '99%' of delayed payments

HSBC says it has processed "99%" of payments affected by an IT glitch, with the remainder due to be completed overnight.

Ex-Sainsbury's boss slams Living Wage

Justin King, the former chief executive of Sainsbury's, says the National Living Wage will "destroy jobs".

Ashley Madison founder steps down

The founder and chief executive of the Ashley Madison extra-marital affair website, Noel Biderman, steps down following data hack.

News Corp reaches for the Sky with takeover offer

News Corporation, the media group headed by Rupert Murdoch, confirmed this morning that it had made an offer to take full control of BSkyB, the satellite broadcaster in which it has a 39 per cent stake.

China primes house tax to halt runaway prices

China is considering a wealth tax on homeowners as it grasps at new weapons to halt a frantic rise in property prices that many fear poses the biggest threat to the Chinese economy.

Business big shot: Steve Wiener

It is a dilemma familiar to anyone still clinging to analogue radios or cathode-ray televisions: pay to go digital or wait until prices drop?