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Times Online August 19, 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

M&S move sparks fears of job losses

Marks & Spencer's plan to slash redundancy benefits for its 60,000 staff by up to 25 per cent has infuriated employees

BP to do away with nine-day fortnight

The decision, after a review of business practices by an unnamed firm of consultants, will affect thousands of workers

Families forced to let homes they can't sell

Families who cannot sell their properties are letting them and moving into rented housing, a new survey suggests

Resources giants must merge argues BHP chief

Marius Kloppers, the chief executive of BHP Billiton, said that mega-mergers are the best response to dwindling assets

OTHER HEADLINES
Analysis chevrons

BP's staff plan goes against the flow

You can't help wondering whether by scrapping its nine-day fortnight policy the oil giant will shoot itself in the foot again

Markets chevrons

Tempus: Hiscox ... Woolworths ... Raymarine

Hiscox cannot insure against downturn ... Woolworths board must turn fortunes around ... Raymarine's tendency to veer off course

Domino's sandwiches ... Care UK up ... Rio in India

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