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Times Online February 15, 2008

BUSINESS BULLETIN


Dear Reader

Visit Times Online today for dynamic business news and views, market charts and sector analysis, plus your chance to comment.

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Today's top stories

Hedge funds to fight Branson's Rock plan

RAB Capital and SRM Global, the top investors in Northern Rock, are ready to vote against Virgin's plans for the bank

BA £140m compensation payment to passengers

Fixing ticket prices is to cost BA $140 million, bringing the carrier's total payout in the affair so far to £338 million

UK's credit card bill is second highest ever

Shoppers used credit cards to buy £2 billion of food and drink in December, 25 per cent more than in 2006, new figures show

A new lease of life for ageing rock stars

EU plans to extend the copyright term for recorded music from 50 to 95 years give a shot in the arm to firms such as EMI

OTHER HEADLINES

Analysis chevrons

The end for credit card musical chairs

After spending on credit cards reached new heights over the Christmas period, card issuers are changing the rules of the game

Markets chevrons

Top-scoring brands put Diageo in party mood

Drinks company Diageo sees a growth in net sales and operating profits as it focuses on premium and super premium brands

BAE investigation dispute ... Standard Life profit boost

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