Business

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Business News

British Airways merged with Spanish carrier Iberia this week

BA cabin crew begin voting on strike action

More than 12,000 ballot papers were issued and the result will be announced on 14 December.

Inside Business News

Royal Mail faces threat of VAT charges on business contracts

Monday, 16 November 2009

Ruling in European Court of Justice will force postal service to increase prices

JP Morgan on the verge of acquiring Cazenove

Monday, 16 November 2009

The US investment bank JP Morgan is poised to acquire the remaining 50 per cent of its partner Cazenove, the Queen's stockbroker, for close to £1bn, in a deal that will deliver huge payouts for shareholders.

Few firms plan to give pay rises above inflation next year

Monday, 16 November 2009

But just 37 per cent of companies have a recruitment freeze in place

Pension funds lost £18bn in value in October alone

Monday, 16 November 2009

The total value of defined contribution pension funds fell by £18bn last month, figures published by a leading pension consultant reveal today. It is the biggest single monthly fall ever registered.

Last-gasp cash keeps airline flying – for now

Sunday, 15 November 2009

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

Sunday, 15 November 2009

HSH Nordbank's recall of £300m loan forced property group into administration, owing Lloyds £700m

BA hopes rise on £3bn-plus pension deal

Sunday, 15 November 2009

Airline confident agreement will be reached with trustees over the exact amount of its fund deficit

Cosmen battles National Express over board seat

Sunday, 15 November 2009

National Express management and the transport group's deputy chairman, Jorge Cosmen, are set for yet another confrontation, this time over the terms that give the Spaniard the right to sit on the board.

Cowell's X Factor abstention adds to his millions

Sunday, 15 November 2009

X Factor tormentor Simon Cowell is said to worth £120m and Forbes magazine reckons he earned £45m in the past year.

British union member elected co-chairman of Airbus council

Sunday, 15 November 2009

Britain has a union representative at the head of the European works council for Airbus, the aircraft manufacturer, for the first time.

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