Business Headlines
Site: Business - Google NewsBA losses show cabin crew deal is vital, says union - The Guardian
 Reuters UK | BA losses show cabin crew deal is vital, says union The Guardian The Unite union said today that British Airways's £164m quarterly loss underlined the importance of the carrier reaching a deal with its cabin crew. The disruption caused by the volcanic ash cloud in the spring, coupled with the effects of a bitter ... British Airways First-Quarter Loss Widens on Cabin-Crew Strikes, Ash Cloud It never rains, but it pours (ash) for BA British Airways posts Q1 loss of $190 mln |
Hong Kong Tycoon Buys EDF's UK Networks - Sky News
 Sky News | Hong Kong Tycoon Buys EDF's UK Networks Sky News A consortium of companies led by Asia's richest businessman has won a bid to buy the UK distribution networks of the French electricity provider EDF for £5.8bn. Hong Kong billionaire Li Ka-Shing beat off rival bids from Scottish and Southern Energy as ... Cheung Kong Infrastructure: Studying Several Projects; No Funding Pressure Li Ka-shing buys EDF arm for £5.8bn Billionaire owner of ports takes on electricity network |
Can Boris's bikes make London a cycling city? - This is London
 Daily Mail | Can Boris's bikes make London a cycling city? This is London The launch today of the Mayor's new bike hire scheme is an important to step for cycling in the capital. Modelled on the Parisian Vélib' scheme, it encourages Londoners to use the chunky bikes for short hops around the centre of the capital. ... London cycle scheme could spread across UK 'Boris Bikes' Launch Despite 'Many Concerns' Cycle hire launch 'a new dawn' |
TalkTalk to launch mobile phone service - The Guardian
 The Guardian | TalkTalk to launch mobile phone service The Guardian Internet and phone firm TalkTalk has struck a deal with Vodafone to launch a mobile service under its own brand. TalkTalk, which helped revolutionise the broadband market by introducing "free" internet access four years ago, will offer both contract ... TalkTalk signs deal with Vodafone TalkTalk Signs Vodafone Deal As Revenue Rises Talk Talk and Vodafone tie up on mobile broadband |
Rentokil keeps full-year goals despite pricing pressures - Daily Mail
 Daily Mail | Rentokil keeps full-year goals despite pricing pressures Daily Mail By Mail Online Reporter Cleaning and pest control group Rentokil Initial maintained on Friday its full-year guidance despite tough trading conditions across several markets. The company said that intense competition had squeezed sales amid a 'continued ... Rentokil H1 pretax profit up on cost controls Rentokil cost-cutting drives 39% profits rise Rentokil Keeps Guidance Despite Challenging Trading |
Business lobby shuns retirement age change - The Guardian
 Channel 4 News | Business lobby shuns retirement age change The Guardian Government plans to scrap the default retirement age will hamper the efforts of businesses to beat the recession and risk causing rifts among staff, employers claimed yesterday. In a push to adapt employment laws to the costs of longer life ... Government plans to scrap retirement at 65 'will line pockets of lawyers' Scrapping retirement age opens 'Pandora's box' of tribunal claims No forced retirement at 65 |
Commodities pull FTSE down, US GDP data due - Reuters
 Reuters Africa | Commodities pull FTSE down, US GDP data due Reuters LONDON, July 30 (Reuters) - Britain's top shares fell by midsession on Friday, with declines in commodity assets outpacing gains in defensive stocks as investors fretted ahead of US economic growth data from the United States. ... FTSE fades ahead of US GDP figures Investors drop risk ahead of US GDP data Morning Markets - FTSE down ahead of US GDP data |
Divorce ruling set to transform 'big money' cases - Financial Times
 Telegraph.co.uk | Divorce ruling set to transform 'big money' cases Financial Times Estranged wives in “big money” divorce cases will be barred from using secretly obtained documents in an attempt to prove their husbands are hiding assets that could be included in a divorce settlement, ... Man from Del Monte can keep his fortune hidden Covertly found assets no longer valid in divorce Landmark ruling on divorce cases |
FSA unveils tough new pay and bonus code - Financial Times
 The Guardian | FSA unveils tough new pay and bonus code Financial Times By Megan Murphyand Brooke Masters The UK's financial regulator has dramatically expanded the number of companies that will be subject to tough restrictions on pay and bonuses, extending its rules to cover most hedge funds and investment managers as ... FSA brings Mifid advisers and wealth managers under remuneration code New FSA pay rules to cover 2500 firms FSA broadens reach of pay and bonus code |
Residents to vote on council tax rises - Public Finance
 Telegraph.co.uk | Residents to vote on council tax rises Public Finance The public will be given the power to veto 'excessive' rises in council tax, the government announced today. Communities Secretary Eric Pickles said that any increases in council tax above a limit agreed annually by Westminster would ... People power to veto council tax rises Power to people over council tax Public to veto council tax rises |
