BA cabin crew deal in doubt after union changes its mind November 11, 2010 HOPES of an agreement between British Airways (BA) and its cabin crew faltered yesterday after the Unite union suspended a ballot on a deal offer from the airline. Last month, Unite said it would ballot staff on a new deal from BA which seemed to address the main area of conflict, the removal of travel [...]
Net wealth back to 2005 levels as housing recovers November 11, 2010 BRITONS’ net wealth climbed back to 2005 levels last year, largely because of a mini revival in the housing market, according to official statistics released yesterday. Household net wealth rose 7.3 per cent to £117,000 per person in 2009 – the same as in 2005 – but still below a peak of £128,000 in 2007. [...]
PEPPA PIG TO DEBUT IN THE US November 11, 2010 Entertainment One said it had signed a three-year broadcast deal to screen its hit pre-school TV show Peppa Pig in the US on Nickelodeon’s Nick Jr channel. The series is broadcast in more than 180 countries and made more than £100m in merchandising in the UK alone last year. Analysts said in the US merchandising [...]
FOCUS ON: BRIGHTON AND HOVE, EAST SUSSEX November 11, 2010 ONE BRIGHTON, NEW ENGLAND ST Price: £280,000 There is one two-bed apartment still for sale in this zero-carbon development in the heart of Brighton. The development has roof-top gardens and allotments. The apartment comes with a fully-fitted kitchen and bathroom while the master bedroom has an en suite. Contact: Fox and Sons on 01273 777000, [...]
Profits at BT given a boost by broadband November 11, 2010 BT LAST night raised its full-year forecasts after bumper broadband sales boosted its profits. During the second quarter over 250,000 new broadband customers were added to its network, including rival firms renting BT lines. Virgin added 35,000 new broadband customers during the same period. BT’s new superfast broadband service “Infinity” is rising at a level [...]
Just 50,000 sign up to BT’s sports package November 11, 2010 BT yesterday announced its Sky Sports offering has limped to just 50,000 subscribers since its launch this summer. Chief executive Ian Livingston admitted the firm has a “lot more to do” but reiterated BT’s long term committment to the project. He said: “Around 10 per cent of our BT Vision subscriber base is now taking [...]
BUYING November 11, 2010 MANAGING PARTNER OF BLACK BRICK Q.Dear Camilla, how do you think the austerity measures put in place recently by the new government will affect UK house prices? A.We believe that house prices outside of central London are likely to be affected the most by the wave of spending cuts that are due to happen over [...]
ANALYST VIEWS: JUST HOW GOOD ARE BT’S LATEST RESULTS? November 11, 2010 WILL DRAPER | EXECUTION NOBLE Although this is a brighter set of results from BT, with figures ahead on most measures and full-year guidance raised, much of the increased guidance had been anticipated. The interim dividend of 2.4p was the one area of disappointment, four per cent lower than our estimate. SIMON WEEDEN | CITI [...]
PROPERTY NEWS November 11, 2010 PARIS Paris is the single most popular place in France for Britons. Official French data reveals that 20,500 of the 135,000 Britons living in France live in or close to the capital. Paris’ connections with the rest of Europe and its status as a business centre have proved attractive. CURTAIN TWITCHING Londoners are more interested [...]
Duncan Smith unveils shake up of welfare November 11, 2010 BRITAIN’S?welfare system is to undergo the most dramatic shake-up since its inception in 1942, after the government unveiled plans to crack down on the workshy and make sure that everyone is always better off in a job. The plans are designed to simplify the complex web of benefits to reduce errors, fraud and inefficiencies, and [...]