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EU aviation carbon tax fuels concerns, may go to UN
By Harry Suhartono and David Fogarty | SINGAPORE (Reuters) - Global planemaker Airbus joined a chorus of concern that a European scheme to charge airlines for carbon emissions risks triggering a full-blown trade war, with implications for plane deals ...

Report: Job Prospects In UK Set To Worsen
The first quarter of this year will be the most difficult for job prospects since the last recession with increasing numbers of firms making redundancies, a report has warned. The Chartered Institute of Personnel and Development (CIPD) found the ...

Greek bailout crisis: Brussels welcomes austerity vote
The European Commission has welcomed the Greek parliament's decision to approve tough new austerity measures. Economics commissioner Olli Rehn urged Greek officials to "take ownership" and fully implement the reforms, demanded by the EU in return for a ...

First-time buyers rush to catch stamp-duty holiday
First-time buyers are rushing to take advantage of a stamp duty holiday before it ends in March, according to the Council of Mortgage Lenders. In December, people rushed to avoid missing out on the exemption from stamp duty available to first-time ...

'Quango staff deserve their bonuses'
Quango chiefs and other public sector staff deserve their bonuses because they have been denied pay rises, a trade union has suggested. By James Kirkup, Deputy Political Editor The Prospect union, which represents public sector managers and specialist ...

Dairy Crest eases fears over client failure
Dairy Crest moved to reassure shareholders that the collapse of one of its customers would not damage the business or affect the prospects of dividend payouts. By Roland Gribben The customer, Plymouth-based Quadra Foods, has called in administrators ...

Vodafone weighing bid for C&W Worldwide
By Paul Sandle and Victoria Howley | LONDON (Reuters) - Vodafone Group (VOD.L), the world's largest mobile operator by revenue, is considering a bid for Britain's Cable & Wireless Worldwide (CWP.L), whose fixed-line network could boost bandwidth for ...

Banks miss Merlin SME lending target
By Brian Groom and Jim Pickard Net lending by Britain's five main banks to businesses shrank every quarter last year, despite the Project Merlin agreement, prompting fresh warnings from business leaders that the cost of loans was discouraging companies ...

UK to avoid double-dip recession, CBI says
The CBI has predicted the UK will avoid a double dip recession, but two other surveys suggest the economy may worsen. The employers' organisation, the CBI, said it expected growth of 0.9% in 2012 and 2% next year. However, a separate survey from ...

Stelios rages at investors over easyJet bonus culture
Sir Stelios Haji-Ioannou, founder of easyJet, yesterday set the scene for a tumultuous clash with the budget airline's board at next week's annual meeting with a fresh attack on a new £8m bonus scheme and an astonishing broadside against the ...

Barclays profits dip to £5.9 billion
Barclays Bank has announced a slight drop in its annual pre-tax profits - but still banked nearly £6 billion last year. The bank is also cutting the bonus pool set aside for its investment division by 35%. So far there has been no update regarding a ...


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