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Following a ruling by the High court deeming a previous one unlawful, Unite Union has announced a fresh ballot. The ballot is to be held in a weeks time over staffing cuts and working conditions of 13000 cabin staff. If staff vote in favour there could be strikes by March with fears the union might hold off until Easter to cause maximum disruption. The airline industry, like many others, has been hit hard recently with British Airways reported to have lost £400 million last year. The proposed changes were part of cost cutting measures for BA to stay afloat. BA are said to be looking at a variety of measures they can take should the strike take place, one is leasing planes with existing crews and another mentioned is training up other members of staff to fill the places. |
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Car sales have increased by 57% when compared to sales from November 2008. The sharp increase in sales are due to the governments scrappage scheme. However the car industry future remains uncertain with the VAT increase due to take place in January and the scrappage scheme coming to an end. Road tax rates are due to increase from April. Ford Fiesta has been the top selling car of the year. |
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Royal Mail staff have voted three to one in favour of nationwide strike action in an attempt to protect jobs and working conditions. The last nationwide strike was in 2007. Royal Mail has been in talks with unions in order to avoid strikes and continue with modernisation plans.
The planned strikes are likely to take place in the run up to Christmas and will cause problems for many businesses and consumers. |
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Orange have announced that they have signed a deal with Apple to sell the iPhone. This will end the exclusive agreement which O2 has held since 2007. Orange said that its customers will be able to buy the handset later this year but did not give further details on dates and price. 25 million iPhones have been sold throughout the world. Orange have recently announced that they are merging with T-mobile subject to Regulators approval meaning the company would have 37% of the mobile market. |
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Despite the global recession, investment bank Goldman Sachs are investing $334 million into Chinese car maker Geely Automotive to fund expansion. This would mean Goldman Sachs own 15% of the company. Geely who previously made the cheapest cars in China and have the contract to make 8,000 London taxis in China, are now targeting the more affluent customer. The company are hoping to buy Volvo should Ford decide to sell. |
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