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Times Online August 21, 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

Councils want to offer competitive mortgages

Council chiefs argue that the public sector should be able to help first-time buyers and those unable to secure a home loan

BAA to be punished for poor service

BAA could be forced to sell three of its airports after the Competition Commission criticised decades of poor service

North Sea pipeline leak lifts gas price

Wholesale gas prices in Britain jumped by nearly 15 per cent after a leak in a North Sea pipeline triggered supply concerns

Iceland to offer offshore drilling licences

Reykjavik hopes to attract world's biggest oil companies to invest as it finalises terms for its first offshore licences
OTHER HEADLINES
Analysis chevrons

Revenge is sweet and sour

It could be some time before passengers see any benefit from the break-up of BAA's portfolio - if ever
Markets chevrons

Cost-cutting tactics generate bad news

There is still merit in the model that European papers can be more efficient, but British groups should recover faster in an upturn

Tesco rapped... eBay fix prices... M&S fears...

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