FJL

UK retail sales jump 5.7% in April: BRC

UK retail sales grew by nearly 6 per cent year-on-year in April this year, thanks to late start of Easter and a notable improvement in the country's economic activities.

According to fresh data released by the British Retail Consortium (BRC), the furniture & flooring category as well as children's clothing enjoyed particularly strong trading in April.

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Inmarsat proposes to offer free global airline tracking service

Global mobile satellite service provider Inmarsat has offered to provide a free global airline tracking service in order to prevent another Malaysian Flight 370-type tragedy.

Inmarsat is same British satellite provider that had helped reveal the last position of the Malaysia Airlines flight MH370, which disappeared in March this year.

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Npower reiterates commitment to resolving billing-related issues

Energy giant Npower has reiterated its commitment to resolving any problems created by the implementation of the company's new billing system.

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SFO to question former Barclays’ chief over Barclays-Qatar probe

A number of former executives of Barclays, including former chief executive officer Robert Diamond, will be questioned by the Serious Fraud Office (SFO) over a 2008 controversial bailout deal with Qatari investors.

Emerging reports suggest that the SFO has asked twelve former executives of Barclays to be questioned under caution.

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BSkyB’s takeover plan for Sky Deutschland understates the firm: Crispin Odey

Hedge fund manager Crispin Odey has argued that British pay-TV firm British Sky Broadcasting's (BSkyB's) plan to takeover Sky Deutschland significantly "understates" the value of the German company.

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