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Sir Stelios ramps up row with easyJet's directors

Sir Stelios Haji-Ioannou intensified his dispute with the board of easyJet yesterday by refusing toapprove the annual accounts of the budget airline he founded. His move came as the group said its profits were slashed by the high cost of fuel this year.


EasyJet and Virgin in talks for Gatwick bid

Sir Richard Branson's airline Virgin Atlantic today confirmed it was in talks to form a bidding consortium to run Gatwick airport.


T-Mobile boss warns that cheaper SIM-only deals will rise

Sales of SIM card only mobile phone price plans are set to surge in the coming year as customers postpone upgrading, Jim Hyde, the UK chief executive of T-Mobile, has warned.


Lloyds TSB shareholders approve HBOS takeover

A new UK banking giant came a bit closer to reality yesterday after Lloyds TSB shareholders overwhelmingly voted through the company's takeover of its smaller rival HBOS, paving the way for the Government-brokered deal to complete by January.


Is this the end of the mega bonus?

With banks going into the remuneration-setting period for 2009, having a chief executive forgoing their bonus seems to be the new black for this year's Christmas party season. But banks and other City institutions will continue to try paying bonuses to their other staff and management, although they should not expect much next year.


Comet's credit insurance cut back as crisis spreads

The UK electricals chain Comet has become the latest big retailer to have its credit insurance scaled back, as the consumer recession and financial crisis gripping the retail sector spreads.


Investment Column: Platinum demand downturn dents Lonmin

Share price:Hold


Humana Affirms 2008, 2009 Outlook In Advance Of Investor Day
Humana Affirms 2008, 2009 Outlook In Advance Of Investor Day
Hamish McRae: Should we keep our powder dry?

We are still in the early stages of the downturn but we can - in a funny way - see more about the policy response to it than we can about its scale and shape.


David Prosser: We're all still waiting to see those lending promises honoured

Outlook Alistair Darling's promise that in return for handing over taxpayers' cash he would force banks to get back to the levels of lending seen in 2007 always looked something of a pipedream. It still does, despite the Prime Minister insisting yesterday that proposals are in the pipeline to force banks to do more for small businesses, at least.


Biggest fall in inflation for 16 years

Inflation is now dropping at its fastest rate for 16 years thanks to falling fuel prices, official figures showed today.


Market update - 19 November

The FTSE 100 was down 74.49 points at 4134.06 while the FTSE 250 fell to 5810.13, down 115.85 points, at 12.00 pm.


Credit crisis diary: Look at all those beautiful white teeth

Much mirth at SocGen's pre-Christmas drinks at 24, a trendy bar round the back of Carnaby Street. Proudly introducing the French bank's new corporate video, UK md Alain Bataille told revellers how pleased he was that it featured "pictures of our smiling employees". Unfortunately, the TV screens in 24 were still playing the sort of visuals the bar for some reason thinks will relax punters. Cue a platoon of ferocious-looking sharks swimming through the ocean.




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