BA warns of a move to Madrid June 10, 2010 British Airways has threatened to expand in Madrid instead of Heathrow once it merges with Spanish flagship carrier Iberia. Willie Walsh told the Financial Times that “growth is not going to go away”. The government confirmed in May it would not allow new runways at several UK airports.
Brit Ins rejects takeover offer June 10, 2010 Brit Insurance said yesterday it had rejected a takeover bid from a private equity group. The Lloyd’s of London insurer, which is the principal sponsor of the England cricket team, said the unsolicited offer significantly undervalues the firm.
O2 changes mobile surfing costs June 10, 2010 Mobile phone operator O2 said yesterday it is putting a stop to unlimited mobile internet browsing. Its “all you can eat” data plan will be replaced by data cap extendable by purchasing a top-up. The company said 97 per cent of smartphone users would not need to buy additional data allowances.
L&G to start City development June 10, 2010 Legal & General is set to begin a long-awaited development at Bucklersbury House. The fund manager will today announce plans to start demolition to make way for an office complex and a new ticket hall at Bank station.
I know my starting XI, says Capello June 10, 2010 ENGLAND VS USA IT’S taken a hard-fought Premier League season, ten qualifying matches and a few injury heartaches, but Fabio Capello’s deliberation is over. Finally, the England boss admitted last night he knows his starting line-up for the World Cup opener with the United States on Saturday. All that stands in the way of Capello [...]
Growing calls for Cameron to support BP June 10, 2010 THERE were growing calls for David Cameron to throw his weight behind troubled oil major BP last night, but the Prime Minister appeared to side with the American government. London mayor Boris Johnson broke ranks to hit out at “the anti British rhetoric… permeating from America” and said the matter was of “great concern” because [...]
BP’s a great company. I know. I worked there June 10, 2010 TRYING to defend BP during the last six weeks has been a lonely and isolating experience. As a former employee I have been accused of being biased or emotionally attached. But having seen posts on US websites demanding all BP employees be thrown into jail, it’s hard not to take the world’s hatred of my [...]
We won’t set out to wind up Rooney, vows US boss Bob June 10, 2010 UNITED STATES coach Bob Bradley insists his side will not set out to wind up Wayne Rooney in tomorrow’s World Cup opener. Rooney’s temperament has been brought into question after he lost his cool with referee Jeff Selogilwe in a low-key warm-up with Platinum Stars on Monday. Selogilwe went on to warn the England striker [...]
Pressue to tighten pension fund rules after Gulf disaster June 10, 2010 UK PENSION fund holders keeping a close eye on the Gulf of Mexico disaster are urging the government to tighten regulation in a bid to protect against exposure to financial uncertainty similar to BP. A trio of MPs, alongside pension fund charity FairPensions, are campaigning for the coalition government to set up protection regulation against [...]
Banks: Hasty reform will cost 10m jobs June 10, 2010 REGULATORY reforms proposed for banks around the globe could cut three per cent off economic growth over the next five years in the United States, Eurozone and Japan alone, and cost almost 10m jobs, top banks said yesterday. The Institute of International Finance (IIF), a bank lobby group representing more than 400 firms, said a [...]
