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Ryanair reports half-year profits but warns of full-year loss
London - Irish budget airline Ryanair Monday reported half-year pre-tax profits of 419.4 million euros (618.4 million dollars) but warned that continued cut-price fares would result in losses for the rest of the year. The airline said falling fuel co...
[Posted on :
2009-11-02 ] Category : [
UK (Business) ]
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British government poised to sell-off nationalized banks
London - The British government is poised to sell off some of the country's struggling banks bailed out and nationalized in the wake of the global financial meltdown, it was reported Sunday. Northern Rock, Royal Bank of Scotland (RBS) and Lloyds Bank...
[Posted on :
2009-11-01 ] Category : [
UK (Business) ]
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British post hit by general strike; 120,000 workers protest
London - A general strike paralyzed Royal Mail on Thursday, with unions launching a phased walkout involving up to 120,000 workers in a protest against job cuts. The CWU union said the walkoff would last until Saturday. On Thursday, workers in distri...
[Posted on :
2009-10-29 ] Category : [
UK (Business) ]
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