News

Westminster Outlook: North of the border, BAE builds an array of warships for the Ministry of Defence

BAE abandons its $2bn Platform sale

BAE Systems has had a change of heart about its plans to sell part of its US commercial aerospace division, opting to keep the Platform Solutions unit after a strategic review of the business.

David Hart: Flamboyant banking heir who made his name as Thatcher’s political fixer during the 1980s miners’ strike

David Hart, the Thatcherite banking heir, was a property magnate, defence industry lobbyist who came to prominence as the scourge of Arthur Scargill and the National Union of Miners during the strike of 1984-85.

Judge criticises 'hastily drafted' BAE plea deal

SFO corruption investigation concludes with £500,000 fine

BAE systems fined for accounting failures

Defence giant BAE Systems was today fined £500,000 for failing to keep proper records of payments to an adviser in the east African country of Tanzania.

BAE faces fine over Tanzanian radar contract

A judge will this morning rule on the size of the fine that BAE Systems must pay for illegal false accounting, in conclusion of a long-running corruption investigation into a £28m Tanzanian radar contract won by the defence giant in 1999.

New finance chief at BAE

Peter Lynas will take over as the finance director at BAE Systems next year, the defense contractor said yesterday.

BAE to cut 1,300 jobs

BAE Systems is making more than 1,300 staff redundant in response to defence spending cuts.

BAE Systems set to cut 1,350 jobs

Defence giant BAE Systems is set to deliver a pre-Christmas jobs blow today by announcing cuts of up to 1,350 posts.

Market Report: Imperial rises as plain packaging fears subside

Imperial Tobacco was among the main blue-chip risers yesterday, as the cigarette manufacturer was given a vote of confidence over potential legislation that may force its products to be sold in a plain packet.

Market Report: US defence cuts shoot down BAE Systems

The markets were making amends yesterday after a poor recent run, but it was not enough to prevent defence stocks struggling thanks to fears over US government spending.

Bulger killer Jon Venables was properly supervised, says review

James Bulger's killer Jon Venables was properly supervised and he alone was responsible for his further offence of collecting child pornography, Justice Secretary Kenneth Clarke said today.

United Utilities names new CEO

United Utilities chief executive Philip Green will be replaced by Steve Mogford, the chief executive of defence electronics group Selex Galileo, when he steps down at the end of March.

Hesketh quits Babcock after attack on carrier deal

Lord Hesketh, who labelled the £5.2bn project to build two new Royal Navy aircraft carriers a "disaster" that will make Britain a "laughing stock", has resigned as deputy chairman of Babcock International, the engineering group whose Rosyth yard, in Fife, is building the vessels.

Lord Hesketh quits Babcock over aircraft carrier comment

Lord Hesketh has resigned from his post as deputy chairman at engineering group Babcock International after branding the Royal Navy's aircraft carrier programme a "disaster".

Market Report: Terror scare boosts stocks in security firms

Defence and security companies saw their shares rise sharply yesterday after fears about global terrorism were brought into focus following the recent parcel bombs scare.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee