BA losses grow
Ash clouds from Iceland and strike action caused losses to grow at British Airways during a tough first quarter, although the airline still expects to break-even for the year. Losses before tax jumped to £164m in the three months ended 30 June from £148m a year ago as revenue fell by £46m, or 2.3%, to £1.94bn. Passenger revenue dropped 3.4% on capacity down 11.2%....
Latest Market News View All
US second quarter growth disappoints
Friday 30 Jul 2010
US economic growth figures have stoked concerns over the state of the global economy, with gross domestic product (GDP) growing at an annualised rate of 2.4% in the second quarter, less than estimates.
The rate of growth was down from a revised figure of 3.7% in the first quarter and will fuel worries that the world’s number one economy could slip back into recession. The US economy has now grown for four consecutive quarters after a recession coincided with the worst global economic crisis since the 1930s. Read more...
Comment & Analysis
Small Cap Focus: AIM Plus influx
Thursday 29 Jul 2010
AIM new issues are starting to pick up with a number of the companies moving from Plus-quoted. Read more
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Market Reports View All
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Economic News View All
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