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BA to raise fares and slash flights to protect profits
BA staff secure £35m windfall as airline hits its 2008 profit margin target but Willie Walsh is to waive his £700,000 bonus. By Dan Milmo -
Oil hits new record
Weaker dollar and fears over a shortage of diesel push prices to $127.82. By Ashley Seager -
Ladbrokes wins big on football
Premier League climax and English football's dominance of Champions League boost Ladbrokes. By Graeme Wearden -
British Energy receives string of bids
Prospect of bid battle for nuclear generator sparks rally in shares. By Mark Milner -
Sales slump at Regent Inns
Pub and comedy club operator sees sales at its entertainment bars division fall almost 11% as its Walkabout chain continues to suffer
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Virgin Money to sponsor marathon
Branson's company signs five-year £17m deal to replace Flora from 2010 -
US housing data unexpectedly strong
News pushes up stocks around world and nudges dollar higher on speculation that worst of America's housing market downturn could be over -
Ofwat calls for greater competition
Water industry regulator hopes households will eventually be able to choose their water providers. By Mark Milner
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| FTSE 100 | +52.5 |
|---|---|
| 6304.3 | |
| Closed |
| DAX | +75.5 |
|---|---|
| 7156.55 | |
| Closed |
| Dow Jones | -5.86 |
|---|---|
| 12986.8 | |
| Closed |
| Nikkei | -32.26 |
|---|---|
| 14219.48 | |
| Closed |
| Moving up FTSE 100 | Price | Change |
|---|---|---|
| BRITISH ENERGY | 719.90p | +5.22% |
| LOND STOCK EXCH | 1,160.98p | +5.06% |
| BRITISH AIRWAYS | 235.43p | +4.02% |
| ICAP PLC | 659.86p | +3.78% |
| NEXT | 1,285.00p | +3.71% |
| Moving down FTSE 100 | Price | Change |
|---|---|---|
| ROYAL BANK SCOT | 275.95p | -3.44% |
| ROLLS ROYCE GP | 439.25p | -2.39% |
| BARCLAYS | 417.79p | -2.03% |
| TATE & LYLE | 502.27p | -1.38% |
| FIRSTGROUP PLC | 546.50p | -1.35% |
Financial data from 
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes. Important disclaimer.
Other news
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A Bold defence against the iPhone
The Canadian company behind the BlackBerry has launched a new device with a high-resolution screen and enhanced access to music and videos -
Rentokil: from City pet to City pest
Investors attack succession of failures at company that once could do no wrong -
What's wrong with Currys? Bad shops and poorly trained staff, says the boss
DSGi new boss lambasts poor performance announcing 77 stores will close as chain cuts £50m costs -
Cheap chorizo, anyone?
The cost of food is rising and we're all having to tighten our belts. But for discount supermarkets, it's boom time -
Breeding toxins from dead PCs
Children are dying to clear up the developed world's discarded computers. By Richard Wray
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Market forces live
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'Takeover speculation and record oil prices helped the London market end the week on a five-month high, despite a weak opening from Wall Street'
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- FTSE 100 ends week on 5-month high
- Nick Huber,
- May 16 2008, 4:48pm,
- 0 comments
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- FTSE 100 powers ahead
- Nick Huber,
- May 16 2008, 2:24pm,
- 0 comments
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Comment and columns
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Fire sale
On America: Some homeowners are torching their properties when they can no longer afford them. By Andrew Clark -
Think Italian, act global
On Europe: Italy's Finmeccanica has just pulled off another coup in its relentless pursuit of globalisation. By David Gow in Brussels
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- 1. Guardian serves its defence on supermarket chain Tesco
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- 3. Oil hits new record
- 4. BA to raise fares and slash flights to protect profits
- 5. Weak dollar and supply worries push oil to fresh high of $128
- Click here for more top stories
