Finance News
Business - Google News The Guardian | BA 'will be back in the black this year' as it announces £164m loss Daily Mail British Airways insisted it would return to the black this year after announcing another hefty loss in the first quarter. The flag carrier said it made a £164million loss in the three months to June 30 as unresolved cabin crew strikes and ... BA takes £250m hit from ash and strikes Rivals poach customers after months of strikes British Airways divides workers over pay and perks |
 Irish Times | First London. Now the rest of Britain? Independent Awoman crosses over Westminster Bridge on one of the capital's 5000 new hire cycles. It is hoped the flagship scheme will take hold in the rest of the country The streets of central London got a little more crowded yesterday as 5000 ... London cycle scheme: On yer bike, looking like Miss Marple On your bike "Boris bikes" for hire hit London's streets |
 Telegraph.co.uk | Hong Kong tycoon buys up UK electricity networks Independent Hong Kong's business “Superman” Li Ka-Shing is paying £5.8bn for energy giant EDF's 100000 miles of the UK's electricity network. The octogenarian Asian billionaire first approached EDF in March, beating off a range of competitors ... Biggest swoop yet on Europe by Chinese as billionaire buys EDF UK CKI snaps up EDF Energy Networks Deal Makes Li One of UK's Biggest Infrastructure Owners |
 Daily Mail | Rentokil profits up on cost cuts Financial Times A £40m ($63m) cost-saving programme helped Rentokil Initial, the support services group, record a sharp rise in first-half profits. Pre-tax profits jumped from £8.2m to £30.9m as the company restructured its City Link parcel ... The business on...Alan Brown, Chief executive, Rentokil Initial Rentokil profits rise on cost-cutting Rentokil Keeps Guidance Despite Challenging Trading |
 MSN Money UK | Markets: FTSE 100 slumps on Friday Interactive Investor 17:01 - The FTSE 100 (UKX) was left languishing in the red after a poor week's trading with various pieces of weak data responsible for the lacklustre performance. London's leading share index closed down 55 points at 5258, with Essar Energy (ESSR) ... Shire among the laggards as FTSE 100 slips FTSE rebounds despite weak US data Weak US growth figures hit FTSE |
 Reuters UK | TalkTalk to offer mobile service with Vodafone Financial Times TalkTalk is to launch mobile services later this year after agreeing a deal with Vodafone. The fixed-line telecoms group has been looking to offer mobile services since it demerged from Carphone Warehouse earlier this year. ... TalkTalk to launch its own-brand mobile services after deal with Vodafone TalkTalk ties up with Vodafone to offer mobile phone services TalkTalk to launch mobile phone service |
 Telegraph.co.uk | Employees to pick retirement age Financial Times Employees will soon be able to choose when they stop working under new government proposals to scrap compulsory retirement. From April next year, the “default retirement age” – which allows employers to force workers to retire at 65 ... Business lobby shuns retirement age change Government plans to scrap retirement at 65 'will line pockets of lawyers' Scrapping retirement age opens 'Pandora's box' of tribunal claims |
 Daily Mail | On the run since 1993, Asil Nadir will finally face trial for £34m theft Independent The last that Asil Nadir saw of England was the glinting village lights of Compton Abbas, Dorset, out of the small window of his Piper aircraft, as he fled the country in the middle of the night 17 years ago. Since then the 69-year-old ... Why northern Cyprus is no longer a haven for fugitives Judge grants Polly Peck's Asil Nadir bail Fugitive tycoon Asil Nadir offered deal to return to Britain for trial |
 Reuters UK | Royal Bank of Scotland agrees to sell off assets worth £4.3bn Daily Mail Royal Bank of Scotland will announce up to £4.3billion worth of asset sales early next week, the Daily Mail can disclose. Sources familiar with the sale process confirmed that the taxpayer-owned bank has agreed to sell its payment ... RBS Plans Asset Sales RBS may seal branches and WorldPay sales Tuesday - source Santander to create 600 new UK jobs |
