Prime Minister David Cameron has come under fire for appointing Lord Green of Hurstpierpoint as trade minister in 2011 after it was revealed he was responsible for HSBC's Swiss private banking business, according to The Times. HSBC has been caught out in a tax dodge scandal. Driverless car trials in
Sky and BT have paid a whopping £5.13bn to win the rights to broadcast Premier League matches in the UK from the 2016-17 to the 2018-19 season. The 168 games available per season, 14 more than the last time the rights were auctioned off, were split into seven packages, with Sky securing five and BT
London's FTSE 100 had trimmed losses by the end of the session but still finished in the red as ongoing concerns about the future of Greece weighed on market sentiment. "Eurozone equities are being ground down by Greek fears, and financial stocks across the EU are bearing the brunt of the sell-off,"
UK stocks dropped on Monday morning but had erased some of their losses by lunchtime, as miners were supported by hopes of stimulus measures in China. The FTSE 100 was down 0.7% at 6,809 by midday, but had bounced after having fallen as much as 1% to an intraday low of 6,777.99 earlier on. Ongoing
Concerns about overpaying for Premier League (EPL) broadcast rights were weighing on shares BT and Sky on Monday, amid reports that the auction could be heading for a second round and with a third bidder. The two companies are going head-to-head in the battle for the 2016/2017 to 2018/2019 seasons,