News

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

Experts assess damage to grounded submarine

A nuclear-powered submarine which ran aground on a shingle bank, embarrassing the Royal Navy, will be checked for damage today.

Aircraft cuts will dent our plans, warns BAE

BAE Systems has warned that its growth in 2010 will be weaker than expected following the Government's review of defence and security spending. The company plans to work with the Ministry of Defence to address the implications of the changes, but said it anticipated some modest impact on the performance of its UK business this year. It has also reduced its financial planning assumptions for the following years.

Market Report: Takeover spotlight hits Jardine Lloyd Thompson

Takeover gossip was limited yesterday as the market waited for the Government's Comprehensive Spending Review (CSR). Yet shares in the insurance group Jardine Lloyd Thompson soared early as rumours of a potential bid battle escalated.

Navigator fell to death from jet

A civilian navigator died after his ejector seat "detached and fell" from an RAF Tornado as he flew upside down during a test flight, an inquest heard today.

BAE buys US intelligence units

BAE Systems unveiled a multimillion-pound deal to buy part of an American intelligence business yesterday in a move that will see former CIA and FBI workers join the company.

Market Report: Whitehall vow to honour contracts boosts Logica

Outsourcers were in favour, with Logica climbing higher, as fears of cutbacks and delays to Government contracts began to fade last night.

BAE plans US sale to fund acquisition war chest

BAE systems is looking for buyers for its Platform Solution aircraft avionics business headquartered in New York.

BAE hopes to raise £1.3bn with US sale

Defence giant BAE Systems is hoping to raise $2bn (£1.3bn) through the sale of one of its US businesses, it was reported today.

Workers shocked by BAE's decision to cut 1,000 jobs

Workers at BAE Systems were said to be in "shock" yesterday after the defence giant unveiled plans to cut hundreds of jobs. Unions said almost 1,000 jobs at five military factories and other sites would be lost in the latest cull, warning that the cuts could be the "tip of the iceberg".

1,000 BAE job losses 'may be tip of iceberg'

Workers at manufacturing giant BAE Systems were said to be in "shock" tonight after the firm delivered a huge blow by unveiling plans to axe hundreds of jobs.

Investment Column: Qinetiq is worth a punt in defence sector

Do you really want to be investing in companies whose major customer has promised to cut orders "ruthlessly and without sentiment"?

Britain 'will have to earn' trade deals with India

Britain will have to earn job-creating trade deals with India rather than relying on historic links and "sentiment," David Cameron will say today.

Leading article: Mr Cameron's antiquated passage to India

For a thoroughly modern politician, David Cameron appears to have some strangely antiquated ideas about how the modern global economy works. This week, the Prime Minister will board a plane to India in the company of scores of senior British businessmen. At the other end, much flesh will be pressed and the merits of British firms loudly trumpeted. A new defence contract for BAE Systems is expected to be brandished. This is the traditional way of conducting trade policy. It is also thoroughly outdated. If there is business to be done between Britain and India, the private sectors of each country are perfectly capable of getting on and doing it without politicians of either nation smoothing the way.

Cameron hoping to forge new special relationship with visit to India

The Prime Minister is flying out to Delhi this week – and he means business.

BAE joins wave energy project

BAE systems has teamed up with the wave energy developer Aquamarine Power in an almost £1m project to produce more reliable alternative energy sources for the UK. BAE and Aquamarine put up £450,000, to match a grant from the Technology Strategy Board. The funding is to support the development of the commercial production of Aquamarine's Oyster wave energy converter.

Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 1 May 2015
General Election 2015: ‘We will not sit down with Nicola Sturgeon’, says Ed Balls

'We will not sit down with Nicola Sturgeon'

In an exclusive interview, Ed Balls says he won't negotiate his first Budget with SNP MPs - even if Labour need their votes to secure its passage
VE Day 70th anniversary: How ordinary Britons celebrated the end of war in Europe

How ordinary Britons celebrated VE Day

Our perception of VE Day usually involves crowds of giddy Britons casting off the shackles of war with gay abandon. The truth was more nuanced
They came in with William Caxton's printing press, but typefaces still matter in the digital age

Typefaces still matter in the digital age

A new typeface once took years to create, now thousands are available at the click of a drop-down menu. So why do most of us still rely on the old classics, asks Meg Carter?
Discovery of 'missing link' between the two main life-forms on Earth could explain evolution of animals, say scientists

'Missing link' between Earth's two life-forms found

New microbial species tells us something about our dark past, say scientists
The Pan Am Experience is a 'flight' back to the 1970s that never takes off - at least, not literally

Pan Am Experience: A 'flight' back to the 70s

Tim Walker checks in and checks out a four-hour journey with a difference
Humans aren't alone in indulging in politics - it's everywhere in the animal world

Humans aren't alone in indulging in politics

Voting, mutual back-scratching, coups and charismatic leaders - it's everywhere in the animal world
Crisp sales are in decline - but this tasty trivia might tempt back the turncoats

Crisp sales are in decline

As a nation we're filling up on popcorn and pitta chips and forsaking their potato-based predecessors
Ronald McDonald the muse? Why Banksy, Ron English and Keith Coventry are lovin' Maccy D's

Ronald McDonald the muse

A new wave of artists is taking inspiration from the fast food chain
13 best picnic blankets

13 best picnic blankets

Dine al fresco without the grass stains and damp bottoms with something from our pick of picnic rugs
Barcelona 3 Bayern Munich 0 player ratings: Lionel Messi scores twice - but does he score highest in our ratings?

Barcelona vs Bayern Munich player ratings

Lionel Messi scores twice - but does he score highest in our ratings?
Martin Guptill: Explosive New Zealand batsman who sets the range for Kiwis' big guns

Explosive batsman who sets the range for Kiwis' big guns

Martin Guptill has smashed early runs for Derbyshire and tells Richard Edwards to expect more from the 'freakish' Brendon McCullum and his buoyant team during their tour of England
General Election 2015: Ed Miliband's unlikely journey from hapless geek to heart-throb

Miliband's unlikely journey from hapless geek to heart-throb

He was meant to be Labour's biggest handicap - but has become almost an asset
General Election 2015: A guide to the smaller parties, from the the National Health Action Party to the Church of the Militant Elvis Party

On the margins

From Militant Elvis to Women's Equality: a guide to the underdogs standing in the election
Amr Darrag: Ex-Muslim Brotherhood minister in exile still believes Egypt's military regime can be replaced with 'moderate' Islamic rule

'This is the battle of young Egypt for the future of our country'

Ex-Muslim Brotherhood minister Amr Darrag still believes the opposition can rid Egypt of its military regime and replace it with 'moderate' Islamic rule, he tells Robert Fisk
Why patients must rely less on doctors: Improving our own health is the 'blockbuster drug of the century'

Why patients must rely less on doctors

Improving our own health is the 'blockbuster drug of the century'