Author: Nathan Bissitt

Income tax for people in Scotland earning more than £24,000 a year will rise to 21p, the Scottish government has said. Holyrood’s finance secretary Derek Mackay made the announcement in his draft Budget for 2018-19 on Thursday, with higher rates of income tax

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The fund management arm of Prudential, the FTSE-100 insurance giant, is plotting a £5.5bn swoop on a portfolio of mortgages issued by one of the lenders bailed out during the financial crisis. Sky News has learnt that M&G is among a pack of bidders which want to

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This is truly a landmark deal for Rupert Murdoch, the executive co-chairman of 21st Century Fox. From a single newspaper in Adelaide, Mr Murdoch has spent the last 65 years assembling a global media empire, acquiring assets and boldly investing in start-ups such as

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MPs say the Government should accept the supremacy of EU law during a Brexit transition as a “price worth paying” to avoid a no-deal scenario after March 2019. A report from the Treasury select committee (TSC) said there was now an urgent need for an

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The US Federal Reserve has increased interest rates by a quarter of a percentage point – the third rate hike this year. It comes as Fed chair Janet Yellen prepares to leave the role after Donald Trump decided to replace her. The widely-expected hike sees the

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Lenders to the troubled support services group Interserve have forced it to parachute in a company doctor in return for a £180m funding lifeline. Sky News has learnt that a consortium of banks have demanded that the company, which manages the Ministry of

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The Bank of England has set out plans to end the use of gendered language in policy documents. They include ditching “chairman” in favour of “chair” and replacing “grandfathering” – a term related to exemptions granted under

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