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BA falls to loss and warns of further cuts

The airline is reviewing 'every aspect of the business to control costs' and had opened talks with unions over pay and productivity, after it fell to a £70m third-quarter loss

Snow Britain: Geoff Hoon tells drivers to stop 'whingeing'

Motorists who have endured days of misery on Britain's snowravaged roads were told to stop moaning - by Geoff Hoon the minister charged with getting the country moving again.

Consultants 'concerned' by Network Rail settlement

Civil engineering consultants are "concerned" by the prospect of huge cost savings implicit in the £28.5bn settlement made between the Office of Rail Regulation and Network Rail between 2009 and 2014.

Saturday, 07 February 2009

BBC News

Financial Times

  • BA falls to loss and warns of further cutsThe airline is reviewing 'every aspect of the business to control costs' and had opened talks with unions over pay and productivity, after it fell to a £70m third-quarter loss
  • Clarkson buoyed by shippingClarkson was in demand yesterday, rising 7.3 per cent to 495½p as traders belatedly woke up to recent movements in the shipping market. On Wednesday, the...

The Guardian

  • Price of carbon credits slumps againThe price of carbon has hit new lows as power generators and industrial companies continue to cash in credits to bolster their balance sheets.The price of European Union allowances under the second phase of the emissions trading scheme has plunged to €10.15 (£8.85) a tonne, compared with highs over €30 seen in July last year.
  • Bad weather spreads across UKThe two Severn bridge crossings between England and Wales were among hundreds of roads and routes closed while snow continued to create chaos across regions of Britain yesterday, with more than 20,000 homes left without electricity.

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