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Battle looms over BA pensions
British Airways signalled the start of a protracted battle with the Pensions Regulator over the price tag on its retirement obligations, the outcome of which will be crucial to its tie-up with Spain’s Iberia

Consumer morale holds at 7-month high
LONDON (Reuters) - Consumer confidence held steady in February at the seven-month high reached last month, a survey by GfK NOP showed on Wednesday, keeping alive hopes that recent evidence of a pick-up in consumption may herald an economic recovery.

Top bankers destroy value, study claims
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative