SERVICES

British Airway’s Fuel Surcharge Penalty Halved by OFT to £58 million

BAA traffic rises 0.9% in March

BAA, the owner of airports such as Heathrow, Stanstead and Glasgow, has reported a 0.9 per cent rise in passenger numbers in March.
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Serco FY profit rises, share price up

Shares in Serco were up on the FTSE 100 in afternoon trading after the service company reported a rise in revenue and pre-tax profit in the year ended 31 December 2010.
Rupert Murdoch, chairman and CEO of News Corp.

Church of England opposes rendering BSkyB unto Murdoch

The media empire of Rupert Murdoch has found itself a new foe in the form of the Church of England. Rather than say "render unto God what is God's and to Murdoch what is Murdoch's", the CoE has expressed its opposition to the takeover of BSkyB by News Corporation, as such a move could undermine impartiality at Sky news.
A passenger lays on luggage at Terminal 5 in Heathrow Airport

BAA cuts losses but debts rise

BAA, the owner of Heathrow and Stansted airports, has drastically cut its losses but increased its debt in the nine month period ended 30 September.
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Connaught now cannot, but don't blame government cuts

Connaught PLC is a constituent of the FTSE 250 Index. Its two pence ordinary shares were trading in October 2009 at over 400 pence per share but on 10 April 2010, these shares traded at a 52 week low of only 9.20 pence and last week, before the company went into administration closed at 16.65 pence. That last share price valued this leading company in its field, with about a six percent share of an annual sector £10 billion, at only £23.27 million - and that includes the parts still fully oper...