Inside Business
Last-gasp cash keeps airline flying – for now
Flyglobespan, Scotland's biggest airline, is believed to have staved off collapse with a last-ditch cash injection on Friday evening.
- Kenmore's failure blamed on the troubles of German lender
- BA hopes rise on £3bn-plus pension deal
- Cosmen battles National Express over board seat
- Cowell's X Factor abstention adds to his millions
- British union member elected co-chairman of Airbus council
- RBS hits back at 'bully' claims
- Independent board vetoes O'Brien's attempt to ban it from issuing securities
Small businesses, recession-busters
Being adaptable and agile, and avoiding dependency on a small number of corporate customers, has been vital for small businesses during the credit crunch, says Roger Trapp
- Managing talent: Let your stars guide you to the summit
- Business Extra: News in brief
- David Prosser: 'The offer of unaffordable credit is as useless as the offer of no credit at all'
- The dangers of multi-sourcing
- Six of the best: Corporate gifts
- John Cheney: Clarity is key for small and medium-sized enterprises
Hamish McRae: Celebrate Europe's return to growth. Then prepare to face the next crisis
Phew! Europe is growing again. Yes, I know that according to the official statistics the UK is not yet part of that growth but the more I look at the other data the more convinced I am that our stats are wrong and that eventually it will be shown that some growth began in Britain in the third quarter. But we will see. The more important point is that most of the economies of this time zone are moving forward again. That gives a base from which to think about the coming months. What have we learnt and what should we look for?
- Margareta Pagano: It's been a long haul for BA and Iberia, but now they must avoid a crash landing at the altar
- Hamish McRae: Our high-end industries need a more sympathetic civil service
- Stephen Foley: America on bailout red alert again
- Stephen Foley: Can Hefner bear to part with Playboy?
- Howard Wheeldon: Why this is the best deal for investors
Do Big Phil and Shiny Simon have the X Factor?
The king of the talent show is raking it in while saving ITV. But that's not enough. Now, reports Richard Northedge, Simon Cowell is forming a joint venture with a real billionaire, Sir Philip Green
Market Report: Liberty leads charge on property values
Liberty International led the real-estate sector higher last night, advancing to pole position on the benchmark index after a new survey sparked hopes of a recovery in commercial property values. Data from the Investment Property Databank (IPD) revealed that commercial property values had climbed by 1.9 per cent in October, compared with a 1.1 per cent rise in September. The index showed gains in all three sub-sectors, with retail property rising by 2.6 per cent, industrial property climbing by 1.5 per cent and office values growing by 1.1 per cent. Traders soon piled in, driving Liberty to 504p, up almost 4 per cent or 19p. British Land, at the number two spot on the FTSE 100, rose to 498.2p, up 2.8 per cent or 13.5p, and Hammerson gained 2.3 per cent or 10.1p to 445p. Land Securities was also strong, closing 16p higher at 726.5p.
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