Archive for the 'Business' Category

Barclays boss could get £60m

Friday, March 19th, 2010

Bob Diamond, president of Barclays and head of its investment banking division, has been rewarded with cash and shares worth £60m

Bob Diamond, president of Barclays, has been rewarded with cash and share awards worth a potential £60m, while two of his closest lieutenants have shared almost £40m for their efforts in recent years.
The 58-year-old [...]

Barclays boss is paid £60m

Friday, March 19th, 2010

Bob Diamond, president of Barclays and head of its investment banking division, has been rewarded with cash and shares worth £60m

Bob Diamond, president of Barclays, has been handed cash and share awards worth £60m, making him one of the highest-paid bankers in the world.
The 58-year-old American runs Barclays’s investment banking arm and has received [...]

BA strike to go ahead after talks collapse

Friday, March 19th, 2010

Unite union complains airline bosses tabled worse offer, crushing optimism that three-day walkout would be suspended

A three-day walkout by cabin crew at British Airways will go ahead at midnight tonight after last-ditch talks aimed at averting the strike collapsed.

The BA chief executive, Willie Walsh, and the joint general secretary of Unite, Tony Woodley, had been [...]

British Airways strike to go ahead after talks collapse

Friday, March 19th, 2010

Unite union complains airline bosses tabled worse offer, crushing optimism that three-day walkout would be suspended

A three-day walkout by cabin crew at British Airways will go ahead at midnight tonight after last-ditch talks aimed at averting the strike collapsed.

The BA chief executive, Willie Walsh, and the joint general secretary of Unite, Tony Woodley, had been [...]

Lloyds Banking Group predicts return to profit this year

Friday, March 19th, 2010

Shares in the bank, which is 41% owned by the taxpayer, rose this morning as it told the stock market it has incurred fewer bad debts than feared so far this year
Lloyds Banking Group cheered its long-suffering shareholders this morning by predicting a return to profit this year, after incurring fewer bad debts than feared [...]