Editor's Picks
Budget preview: The election starts here
Thursday 18 Mar 2010
It won’t be mentioned, but like the proverbial elephant in the room, the election will dominate next week’s Budget.
BA talks continue as time runs out
Thursday 18 Mar 2010
Talks between British Airways and the Unite trade union are continuing today in a last-ditch effort to avert this weekend’s strike.
Greggs profit beats forecasts
Thursday 18 Mar 2010
Bakery and sandwich chain Greggs saw full-year profits come in slightly better than expected and said it is well placed to achieve a year of further progress in 2010.
Nissan to build electric car in Sunderland
Thursday 18 Mar 2010
Nissan announced that it will build its Leaf electric car in Sunderland, giving a huge boost to the industry and the north-east. The Japanese carmaker plans to build 50,000 of the zero-emission vehicles per year initially, starting in early 2013. The move is expected to secure more than 2,000 jobs at the carmaker and in its supply chain.
BA ups strike flying schedule
Wednesday 17 Mar 2010
British Airways said late on Wednesday that it will increase the number of flights during the forthcoming three-day strike by its cabin crew after more staff volunteered to work. The carrier said on Monday that it will only be able to fly 60% of its passengers during planned strike. Today it said that the number of cabin crew offering to work as normal has increased
FSA to hire 460 new staff to tighten supervision
Wednesday 17 Mar 2010
The City watchdog plans to hire 460 new staff this year as part of an effort to toughen up supervision of the financial sector.
Mecom outlines digital vision
Wednesday 17 Mar 2010
Few newspaper publishers have felt the impact of the advertising crisis over the past couple of years as acutely as Mecom, but the mainland Europe-focused group came out fighting today, even as its 2009 figures demonstrated the strength of the downturn.
BA union seeks back-up from US
Wednesday 17 Mar 2010
Officials from Unite, the union behind the British Airways cabin crew strike due to begin on Saturday, are meeting with members of the powerful US Teamsters union in Washington today. The British are looking for support from America’s main transport union, although quite what that will involve is unclear at the moment.
Arriva jumps on takeover approach
Wednesday 17 Mar 2010
Shares in Arriva motored ahead after the rail and bus group said it had received an approach about a possible offer.
UK unemployment falls sharply
Wednesday 17 Mar 2010
The number of people claiming unemployment benefits fell unexpectedly last month, figures from the Office of National Statistics (ONS) show.
No surprises as BoE votes 9-0 to hold rates
Wednesday 17 Mar 2010
The Bank of England has confirmed that its Monetary Policy Committee (MPC) voted unanimously in favour of keeping interest rates unchanged at its meeting earlier this month.
Japan doubles bank package
Wednesday 17 Mar 2010
Japan has boosted its stimulus efforts in an attempt to invigorate its stagnating economy after growth figures for the last quarter of 2009 were revised downwards.
No surprises as BoE votes 9-0 to hold rates
Wednesday 17 Mar 2010
The Bank of England has confirmed that its Monetary Policy Committee (MPC) voted unanimously in favour of keeping interest rates unchanged at its meeting earlier this month.
UK unemployment falls sharply
Wednesday 17 Mar 2010
The number of people claiming unemployment benefits fell unexpectedly last month, figures from the Office of National Statistics (ONS) show.
Japan doubles bank package
Wednesday 17 Mar 2010
Japan has boosted its stimulus efforts in an attempt to invigorate its stagnating economy after growth figures for the last quarter of 2009 were revised downwards.
Chemring locks in on target despite weather
Wednesday 17 Mar 2010
Military decoy specialist Chemring has radioed in a 5% increase in trade during the four months to the end of February at constant currency despite taking a hit from snow storms in both the UK and US.
BA union seeks back-up from US
Wednesday 17 Mar 2010
Officials from Unite, the union behind the British Airways cabin crew strike due to begin on Saturday, are meeting with members of the powerful US Teamsters union in Washington today. Many fear the meeting, led by Unite’s national officer for aviation Steve Turner, will stir up more trouble for BA and ruin any chance of a resolution before the walkout begins
BA unions agree pensions cut deal
Tuesday 16 Mar 2010
Airline British Airways made a late surge to the top of the Footsie leaderboard Tuesday as it announced an agreement with union negotiators, albeit not the one the airline’s customers were hoping for.
Debenhams to step up overseas expansion
Tuesday 16 Mar 2010
Given that 51 of Debenhams’ 208 department stores are outside the UK and Ireland, it is perhaps surprising that the company doesn’t spend more time discussing its international operations.
Close Brothers posts 50% jump in profits
Tuesday 16 Mar 2010
Merchant bank Close Brothers reported a 50% jump in half year profits thanks to a strong performance in its Banking and Securities divisions.
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