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Times Online July 18, 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.

Also you can now download our series of free podcasts exploring the business ideas that are changing the world at www.timesonline.co.uk/businessideas

Today's top stories

Brown and Darling throw prudence to the wind

Drastic revision of key fiscal rules planned to allow the Government to borrow its way out of Britain's economic problems

Ryanair grounds aircraft with winter cuts

Europe's biggest budget airline gave warning it expects to carry almost one million fewer passengers during the winter

UBS closes US clients' Swiss accounts

Group caves in to US Government pressure and prepares to lift a veil of secrecy that has protected clients for centuries

Energy crunch bites as fuel bills rise by a third

Centrica warns domestic gas bills will rise from about £600 now to more than £1,000 per year if oil prices remain high
OTHER HEADLINES
Analysis chevrons

O'Leary is on the offensive again

The decision by Ryanair's chief executive to cut flights out of Stansted later this year is also a negotiating gambit to reduce costs
Markets chevrons

Tempus: Invensys ... Informa ... EasyJet

Invensys in control with move to technology ... Informa's debt means plenty of risk ... Ryanair to withdraw a third of its aircraft

Nokia eases fears ... Nando's in the US ... BHP deal

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