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Third runway a mistake, says Lord Stern

The decision to allow a third runway at Heathrow was a mistake, according to one of the government's most senior advisers on the economics of climate change.

British Airways must change direction

Twenty two years ago, a million members of the UK public made a misjudgment. They exchanged perfectly good cash for something that has proved to be much less valuable - shares in British Airways.

News: High Speed 2 — it’s how and when, not if, says Adonis

CONSTRUCTION of a new high-speed line, HS2, from London to the West Midlands and the North is a matter of ’how?’ and ’when? — not ’if?’ — according to Transport Minister Lord Andrew Adonis.

Saturday, 23 May 2009

BBC News

The Guardian

  • GM bidder to sacrifice UK jobsGermans favour bid that will protect their factories but threatens cuts at Britain's Vauxhall plantsThe Canadian car parts firm Magna International has emerged as favourite in a contest to buy General Motors' European operations through a bid which protects German factories but threatens deep job cuts at two Vauxhall plants in Britain.
  • Third runway a mistake, says Lord SternThe decision to allow a third runway at Heathrow was a mistake, according to one of the government's most senior advisers on the economics of climate change.
  • British Airways ditch first class in new planes as age of austerity bitesFears that some wealthy customers may not return Company posted worst loss ever of £401mBusiness class passengers famously draw envious glances from the herd in economy by turning left when they enter a plane, but it is the first class ticket holders who are the most pampered.

The Herald

  • BA posts record loss of £401mA year after posting record profits British Airways yesterday unveiled a record loss and cancelled its dividend for last year after being hit by the economic slump and high fuel prices.

The Independent

  • I feel your pain, says BA boss giving up a month's pay (£61k)When Willie Walsh, the ruthless boss of British Airways, decides that he needs to make a self-sacrificing gesture, the rest of his staff know it is time to fasten their safety belts and grab the sick bags. There is turbulence ahead for the world's favourite airline.

The Telegraph

  • Car production down again The slump in car production has continued with the number of cars built 55.3 per cent down in April compared to the same month last year.

Times Online

Daily Post (North Wales)

The News (Portsmouth)

  • Bus lane site is now more secureA council said it has employed security guards and laid down concrete bollards to stop vehicles getting onto a disused railway track.

Northants Evening Telegraph

Washington Post

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