British Airways (BA) and the Unite union have finally come to an agreement to end their bitter dispute – which has been ongoing since November 2009. The agreement means the threat of strike action has been lifted. Cabin crew were involved in a bitter dispute with the airline for more than 18 months over cost-cutting [...]
The long-running dispute between the Unite union and British Airways (BA) could come to an end following talks to avert further industrial action. Union members are understood to be meeting later today which could lead to an offer. Cabin crew have been involved in a bitter dispute with the airline since November 2009 over cost-cutting [...]
British Airways (BA) cabin crew have voted in favour of fresh strike action – with the possibility of an Easter walkout. However, while the dates have yet to be announced, there is speculation that industrial action could take place around the Royal Wedding on April 29. The latest ballot (which is the fourth in less [...]
The merger between British Airways and Spanish airline, Iberia, was completed today – creating Europe’s second largest airline. However, the deal will no doubt be overshadowed by the news that British Airways cabin crew have voted to strike again, the Unite union confirmed today. Unite said its members voted by 5,751 to 1,579 to take [...]
It has been confirmed by the Unite union that members of British Airways (BA) cabin crew will be balloted next week, raising fears for further strikes in the New Year. Cabin crew have been involved in a 22-month-old dispute with the airline over cost-cutting measures, which include a pay freeze, a switch to part-time working [...]
Members of British Airways (BA) cabin crew are to be balloted again as the long-running dispute with the airline continues over cost-cutting measures. The Unite union claims BA refuses to reinstate travel perks, which were stripped from members during a strike in March. So far, cabin crew members have held 22 days of strikes which [...]
British Airways (BA) chief executive, Willie Walsh, has today said the airline is ready to operate a near-full service should further industrial action take place. Cabin crew have been in a long-running dispute with the airline over cost-cutting measures, which include a pay freeze, a switch to part-time working for thousands of staff, as well [...]
Further talks have taken place at conciliation service, ACAS, between British Airways (BA) and the Unite union in the latest bid to avert strikes by the airline’s cabin crew members. Cabin crew have been in a long-running dispute with the airline over cost-cutting measures, which include a pay freeze, a switch to part-time working for [...]
Employers’ group, the Confederation of British Industry (CBI), is calling on the Government to tighten laws to make it harder for workers to take strike action. Furthermore, Mayor of London Boris Johnson, is also calling for a reform of the law, suggesting the Government introduce legislation preventing action unless at least half of union members [...]
Airports operator BAA has today reported a further fall in passenger numbers at its six British airports in August, hit by a weak holiday market, caused by economic uncertainty. BAA, which is majority owned by Spain’s Ferrovial, said passenger traffic fell 0.6% in August year-on-year. The group said 10.6 million passengers flew from its UK [...]
British Airways (BA) today announced losses widened after the airline was hit by disruption from the volcanic ash cloud and cabin crew strikes. The company said pre-tax losses widened 10.8% to £164 million for the three months to the end of June, compared with the £148 million loss it made in the same period a [...]
There are fresh concerns for more strikes at British Airways (BA) after cabin crew yet again rejected the airline’s offer to end their bitter row over cost-cutting measures. However, there was a low turnout for ballot, which “encouraged” the airline with less than half of the 11,000 members balloted by the Unite union casting a [...]
BAA has today reported a further fall in passenger numbers at its six British airports in June, as a result of the British Airways (BA) strikes during the month. BAA, which is majority owned by Spain’s Ferrovial, said passenger traffic fell 1.7% in June year-on-year – due to the ongoing disruption from the strike. So [...]
The Unite union last week announced plans to ballot its 12,000 cabin crew members on Tuesday, however, it will now be postponed following an offer from British Airways (BA). So far, cabin crews have held 22 days of strikes after being involved in a long-running dispute with the airline over cost-cutting measures, which include a [...]
Fresh strike action is looming at British Airways (BA) after the Unite union has announced plans to ballot its 12,000 cabin crew members next week, unless the long-running dispute is resolved. So far, cabin crews have held 22 days of strikes after being involved in a long-running dispute with the airline over cost-cutting measures, which [...]
The latest meeting between British Airways (BA) and the Unite union, designed to come to an agreement about strike action has yet again failed, according to the ACAS conciliation service. The fresh talks came a week after the union, which represents BA cabin crew, confirmed a fresh ballot for its members, suggesting further industrial action [...]
British Airways (BA) chief executive, Willie Walsh, has rejected a bonus worth £334,000. The news comes just one day after the final series of cabin crew strikes ended. This is the second consecutive year that Mr Walsh has turned down a bonus, and in its annual report, the company said no-one would receive a cash [...]
The Unite union, which represents British Airways (BA) cabin crew, has confirmed a fresh ballot for its members, suggesting further industrial action at the airline. The news comes as cabin crew stage their final day of a series of strikes. The strikes took place on: 24-28 May, 30 May-3 June and 5-9 June. The fresh [...]
Budget airline Ryanair has today announced it returned to profit for the year to March after reporting its first annual loss a year ago. The airline unveiled pre-tax profits of €341 million (£289 million) for the year and said it intends to pay a one-off dividend to shareholders totalling €500 million – the first one [...]
Telecoms giant BT could be faced with industrial action after top bosses have been awarded huge bonuses, which has angered staff. The possible strike action, which would be the first in 25 years, comes as a 2% pay offer was rejected by the Communication Workers Union (CWU), which is now planning to ballot its 60,000 [...]
M&S Money launches 3% cash ISA
M&S Money has launched an Advantage Cash ISA paying 3 per cent, and which allows transfers in from other ISAs. It can be opened with a minimum deposit of £100 lump sum followed by minimum monthly deposits of £25. The 3% rate is variable, but there is no short-term bonus so the return won’t plummet [...]
Google suspends UK Compare Mortgages site
Google has closed its UK mortgage comparison site which it launched in July last year, after it proved to be less popular than expected. Mortgage comparison sites are designed to allow visitors to compare mortgages quickly and easily without having to visit each lender’s individual site. Google was competing with several well-established comparison sites, including [...]
AA launches ‘black-box’ policy for young drivers
The AA is launching an innovative car insurance policy called Drivesafe which could help younger drivers save up to £850 a year. Younger drivers already pay substantially higher premiums than other motorists and these costs are increasing. A new study by Confused.com suggests insurance costs for younger driver have gone up by 5.7 per cent [...]
ATOL scheme updated to protect online bookers
ATOL, a financial protection scheme managed by the Civil Aviation Authority, is being extended to protect up to six million more holidays a year. The scheme ensures that holiday makers do not lose out financially if a travel company collapses, and that they are not stranded abroad. An increase in the number of holidays booked [...]
Home repossessions lowest for four years
The number of UK homes repossessed fell to 36,200 in 2011, significantly below the Council of Mortgage Lenders’ forecast of 40,000, and lower than 2010 when 37,100 homes were repossessed. With interest rates remaining low and lenders adopting a sympathetic attitude to customers in financial difficulty, repossessions fell to their lowest level since 2007. However, [...]
Monthly pay lasting just 17 days
Workers are running out of money just 17 days after receiving their monthly pay, according to new research by the Halifax bank. This means that the average UK worker spends half the month worrying about money. The study, based on the responses of more than 2,000 adults, found that 10 per cent of workers start [...]
Women disadvantaged by auto-enrolment changes
Government proposals to increase the auto-enrolment threshold to £10,000 could put 1.8 million women at risk of missing out on a pension, the TUC has warned. Under the auto-enrolment scheme, which will be phased in from October, private sector employers will automatically enrol workers between the age of 22 years and the state pension age, [...]
Emergency household repairs company Homeserve is taking longer than expected to get back on track after its operations were suspended last October. The company expected customer numbers to fall by 5% this year but it has increased this estimate to 8% and announced the loss of 200 jobs. It estimates that renewal revenue in 2013 [...]
Sale rumoured for Yorkshire and Clydesdale banks
There is growing speculation that National Australia Bank (NAB) may sell Yorkshire Bank and Clydesdale Bank after the Australian parent company announced a strategic review of the two banks’ operations. The Australian economy is performing well and NAB reported strong profits for the final quarter of 2011 but with the UK economy at a virtual [...]
More women experiencing debt difficulties
Women in Debt, which offers female-focused debt advice, has warned that the number of UK women facing serious debt has grown significantly over recent years. The organisation believes that more women will need advice on solving debt problems in the future because they are building up an unsustainable level of indebtedness. Women in Debt’s director, [...]
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