Holidaymakers look set to have their summer travel plans disrupted after it emerged today that Virgin Atlantic pilots have voted for industrial action – the first time in the airline’s 32-year history. According to the British Airline Pilots Association (Balpa) union, 97% of its members voted for strike action after pay talks with the company [...]
The Public and Commercial Services (PCS), which is Britain’s largest civil service union, has said 290,000 of its members will take strike action later this month, protesting against pension reforms. They will join hundreds of thousands of teachers, meaning around 750,000 public sector workers will strike at the end of the month. The co-ordinated action [...]
Business Secretary Vince Cable is to address delegates at the annual conference of the GMB union today and is expected to warn them that co-ordinated strike action may lead to tighter union laws. The warning comes after union leaders said strike action could take place at the end of this month as 750,000 teachers, civil [...]
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 [...]
Irish budget airline Ryanair has today posted a loss of €10.3 million (£8.8 million) in the October to December period, due to the severe wintry weather in Europe last month, as well as the strike action by French air traffic controllers. However, the loss was lower than the €10.9 million reported in the year ago [...]
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 [...]
Budget airline easyJet has today said it was hit by the severe wintry weather in Europe last month and was hit by costs of £31 million, which also included strike action by French air traffic controllers. However, taking this into account, the airline said revenue in its first quarter (the final three months of 2010) [...]
British Prime Minister, David Cameron, has warned that next year will be “difficult” as he delivered his new year speech. However, Mr Cameron said Britain has a “really bright future to look forward to” and defended his Government’s spending cuts as tough but necessary, in order to trim the budget deficit. The cuts have received [...]
Job losses resulting from the Government’s spending cuts is expected to bring widespread industrial action next year, unions have suggested. In his New Year message, Brendan Barber, the TUC’s general secretary, claimed 2011 would be a “horrible” year of cuts and will also be tough for the Government. Unemployment will undoubtedly rise, said the union. [...]
Bank of England governor Mervyn King has today faced questions from union leaders over Government spending cuts. Mr King became only the second governor in history to address the Trades Union Congress (TUC). Earlier this week, it was revealed that the tough austerity measures introduced by the coalition Government are set to lead to industrial [...]
It has been announced that the tough austerity measures introduced by the coalition Government are set to lead to industrial action following a trade union gathering in Manchester today. At the annual Trades Union Congress (TUC) meeting, union leaders urged delegates to “stand up and fight” against the massive spending cuts. The motion was supported [...]
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 [...]
Travellers can breathe a sigh of relief this morning after it has been announced that airports operator BAA and the Unite union have reached an agreement which will see the threat of strike action called off. A day of talks yesterday between the two parties at the central London offices of the conciliation service ACAS [...]
Talks are ongoing between airports operator BAA and the Unite union to try to avoid strike action which could see six UK airports shut down over the crucial bank holiday period. Face-to-face talks between the two parties are taking place at the central London offices of the conciliation service ACAS and comes after BAA voted [...]
Travel chaos is looming after airport operator, BAA, has voted in favour of strike action, the Unite union has announced today. BAA, which is majority owned by Spain’s Ferrovial, owns six airports: Heathrow, Stansted, Aberdeen, Edinburgh, Glasgow and Southampton. These airports would have to close on any strike days, as crucial staff including fire-fighters, security [...]
Holidaymakers could be facing further travel chaos after it emerged that airport operator, BAA, has voted for strike action. The results of the ballot are expected later today and Unite members who include fire-fighters, security staff and ground staff at airports, are in a dispute over pay. BAA, which is majority owned by Spain’s Ferrovial, [...]
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 [...]
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 [...]
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, [...]
About | Privacy | Disclaimer | Resources | XML Feeds | Press Releases | Directory | Contact us
