Tuesday, 30 November 2010

BA strike ballot overshadows merger

Link to the article: Reuters Video

Nov.30 - Shareholder approval of British Airways merger with Spain's Iberia is overshadowed by news of a fresh strike ballot by BA's cabin crew union Unite.Sonia Legg reports.

Sky's the limit for BA and Iberia

Link to the article: Reuters Video

Nov.30 - British Airways and Spain's Iberia officially announce a merger of the two carriers that will create the world's third-largest airline by revenue.Sonia Legg reports.

Monday, 29 November 2010

Cuts and VAT Rise Leave UK Economy Uncertain

Link to the article: Channel 4 News

The budgetary watchdog sees an "uncertain" future for the UK economy - but predicts public sector job losses will be much lower than forecast. Chancellor George Osborne says "Britain is on the mend".

Tech start-ups: Does location matter?

Link to the video: BBC News

Once a year Oxford University plays host to the Silicon Valley in Oxford event, when some of the Californian technology hotspot's leading personalities descend on the town.

But is location still important for tech start-ups? Or can you run your business from almost anywhere in the world, thanks to the power of the internet?

The BBC's Rory Cellan Jones asked entrepreneur and investor Joichi Ito, and Elizabeth Varely, founder of TechHub.

Friday, 26 November 2010

Cloned Cattle Meat and Milk 'Safe to Eat'


Link to the article: Channel 4 News

Selling meat and milk from cloned animals and their offspring is a step nearer after a team of government advisers said it is safe to consume, writes science Correspondent Julian Rush.

Highly controversial, embryos of cloned animals are used to breed livestock, but this practice came under intense scrutiny during the summer when it emerged meat and milk from the offspring of cloned cows had reached UK shops.

Tuesday, 9 November 2010

Why should you care about currency wars?

Link to the video: BBC News

As global economies struggle to emerge from the worldwide credit crunch, the pressure is on countries to make their currencies as competitive as possible.

The BBC's economics editor Stephanie Flanders explains the background to the so-called 'currency wars', one of the big issues to be addressed at the G20 summit in Seoul.

Tuesday, 26 October 2010

UK Economic Growth Better Than Expected

Link to the article: Channel 4 News

UK economic growth in the third quarter grew by a better than expected 0.8 per cent. Our Economics Editor, Faisal Islam says it's the best day of news for George Osborne since he became Chancellor.

Wednesday, 20 October 2010

Unions Condemn Spending Review Job Losses


Link to the article: Channel 4 News

George Osborne said it was the day Britain stepped back from the brink. But union leaders tell Channel 4 News the spending review will lead to "wholesale unemployment".

The Chancellor confirmed that almost 500,000 public sector jobs were set to be axed as a result of the spending review, leading to warnings from union leaders that the UK was being condemned to "unnecessary wholesale unemployment".

Unison described the cuts as "ideologically driven" and accused the Government of failing to consider that there was a fairer alternative.

Monday, 11 October 2010

IMF fails to curb currency war fears

OCT.11 - Fears of an international currency war grow as International Monetary Fund weekend meeting fails to tackle tensions in money markets.Penny Tweedie reports.

Microsoft unveils new phones

Oct 11 - Summary of the early headlines: Microsoft aims to restart mobile phone unit; Wall Street expecting big bonus. Conway G. Gittens reports

Mixed fortunes for euro zone output



Reuters Video

Virgin spaceship's first solo flight

Oct 11 - The world's first commercial spacecraft, operated by Virgin Group, successfully completes its inaugural solo test flight.

Emerging economies snap up big brands

Link to the article: Financial Times

By Louise Lucas in London

Emerging market buyers are swooping on food and drink assets in the developed world – in some cases relieving private equity investors of holdings that have already been shuffled between sponsors.

Bright Food of China is in exclusive talks to buy United Biscuits from private equity owners Blackstone and PAI Partners in a deal that would value the maker of British favourites such as Jaffa Cakes and Twiglets at £2.5bn ($4bn), it emerged last month.

Monday, 27 September 2010

Bank of England: Savers Should Eat Into Cash

Link to the article: Channel 4 News

Exclusive: Bank of England Deputy Governor Charlie Bean tells Channel 4 News Britain's savers should "eat into" their reserve cash now to help them survive historically low interest rates.

Thursday, 23 September 2010


Link to the article: Chnnel 4 News


The economic euphoria of the 'go go years' quickly turned to bust as the credit crisis rocked banks and entire continents. But what lessons have been learned by global finance?