British Airways Plans Hundreds Of Job Cuts

British Airways is entering talks with a union on plans to cut 400 jobs among cabin crew. The airline, which is owned by International Airlines Group (IAG) and operates alongside Spanish carrier Iberia, said it was beginning a 90-day consultation with...

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Tax: Starbucks, Google And Amazon 'Immoral'

By Darren McCaffrey, Sky News Reporter Starbucks, Google and Amazon have been accused of "immorally" avoiding paying their fair share of tax in the UK, as the Chancellor prepares a blitz on tax dodgers. MPs on the Public Accounts Committee criticised...

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Exclusive: Germans Set To Feast On KP Snacks

By Mark Kleinman, City Editor One of Germany's biggest food companies is poised to snatch control of household name British food brands including Hula Hoops and KP Nuts after a £400m-plus raid on their owner. I understand that Intersnack, which...

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Christmas Shopping Leaves Retailers Nervous

There are signs that Christmas shoppers are adopting a "wait and see" approach in the hope of a price war among retailers in the run-up to December 25. The latest sales figures from the British Retail Consortium (BRC) show a rise of 0.4% during November,...

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Thomson Owner Paid 'Little' UK Corporation Tax

Tui Travel paid just £1.1m corporation tax in the UK over the last year, despite a hike of almost 40% in statutory profit. The boss of the British company, which owns Thomson and First Choice among others, told Sky News the low figure was a result of...

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Household Spending Up But Families Get Less

The average UK household spent £483.60 a week in 2011 - the highest amount ever recorded by the Office for National Statistics (ONS). Last year's level was £10 higher than in 2010, due in part to increases in transport and housing costs. However, although...

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Royal Mail Posties' In Boycott Threat

Postal workers are being urged to refuse to deliver letters from anyone other than Royal Mail in the New Year, in a move which threatens to cause disruption. Around half of the letters delivered by Royal Mail are collected and sorted by private companies...

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Autumn Statement: £5bn Investment Boost

Deeper cuts in some Whitehall budgets are to be used to fund an extra £5bn investment in schools and other capital projects. Government departments will be expected to cut day-to-day spending by 1% (£950m) in 2013/14 and 2% (£2.5bn) in 2014/15. But...

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Ex-FSA Chief Sants In Talks With Deloitte

By Mark Kleinman, City Editor The former chief executive of the Financial Services Authority (FSA) risks igniting a conflict of interest row by entering negotiations about a job with Deloitte, the accounting firm, just months after he left the City...

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Dandy Comic Publishes Its Final Print Edition

By James Matthews, Scotland Correspondent The Dandy's final printed edition has gone on sale as it marks its 75th anniversary by relaunching as an online-only publication. Britain's longest-running comic will now be available to download online,...

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