Sky News - BUSINESS

 

Why have businesses charged for using cards and what will a ban mean for them?



News January 12, 2018


But what will the Payment Services Directive mean for businesses?Why were some businesses charging extra for card payments in the past?Up until now, firms were allowed to pass the costs of processing a card payment on to their cus...

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Open Banking: Britain's gigantic financial experiment



News January 12, 2018


So-called Open Banking kicks off on Saturday in what amounts to a gigantic financial experiment in which Britain is leading the world.Under the scheme, nine of the biggest lenders operating in the UK - Lloyds, RBS, Barclays, HSBC,...

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Pound climbs to highest level against dollar since Brexit vote



News January 12, 2018


Sterling was up by more than a cent to reach nearly $1.37 in Friday trading. It was little changed against the euro, hovering below €1.13.It has not been as high versus the dollar since the result of the EU referendum in June 20...

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Carillion lines up administrator in case rescue talks fail



News January 12, 2018


Sky News has learnt that EY and PricewaterhouseCoopers were asked to compete for the role as administrator to the HS2 high-speed rail-link contractor in recent weeks, with EY said to have been lined up by directors.The move is par...

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Ocado to use 'C-3PO' robot in its warehouses



News January 12, 2018


While the EU-funded "SecondHands" robot has been compared to the Star Wars favourite, it rolls on wheels rather than walking on legs.A prototype has arrived at the Ocado Technology robotics research lab, where it will be experimen...

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