Facebook Seeks To Raise $5bn In Flotation
Facebook has filed paperwork to go public, seeking to raise $5bn on Wall Street in the largest flotation ever by an internet company.
Facebook has filed paperwork to go public, seeking to raise $5bn on Wall Street in the largest flotation ever by an internet company.
Former Royal Bank of Scotland boss Fred Goodwin has lost his knighthood after it was decided he brought the honours system into disrepute.
A technical fault has left self-assessment taxpayers unable to check their payment status – on deadline day, Sky News has learned.
The founder of easyJet Sir Stelios Haji-Ioannou has criticised “fat cat bonuses” at the airline, saying directors who have threatened to resign over pay should go ahead and do so.
The Royal Bank of Scotland has announced that its chief executive Stephen Hester has decided to waive his £1m bonus.
Boardrooms should “wake up” to the gap between sky high executive pay and public opinion, according to a new report.
Labour is to force a Commons vote calling for Royal Bank of Scotland chief executive Stephen Hester to be stripped of his £1.4m bonus, a party source has said.
George Osborne has reinforced his message to the eurozone that Britain is “ready” to help boost IMF resources to bail out struggling economies – but only if strict criteria are met.
RBS chief executive Stephen Hester is likely to be offered a potential bonus of 12 million shares for 2012, according to Sky News sources.
The Treasury is to be given sole power over when to bail out banks in the event of another financial crisis, under new plans announced by Chancellor George Osborne.