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QinetiQ bonanza bad news for taxpayer

It may have taken several years, but the National Audit Office has finally come to the same conclusion as many people did at the time: that the privatisation of research group QinetiQ was a pretty rotten deal for the UK taxpayer.

The week according to MT

Our 60-second guide to the highlights of this week's business news – more gloom about the Rock, enterprise skills come under the microscope, and a plaintive cry from the health and safety profession...

Health and safety in 'not killjoys' shock

The incoming president of the Institution of Occupational Safety and Health, Europe’s largest industry body, has raged against all those who have ever criticised his profession as 'bureaucratic busy-bodies, red tape robots or tick box Tonys'. So that’s presumably just about all of us, then…

Dubai dealing helps Airbus take flight

It’s been a pretty good few days in the Middle East for troubled European aeroplane maker Airbus, currently out at the Dubai Air Show. After stealing ahead of bitter rival Boeing to seal a big order from airline Emirates, it’s now sold another 100 planes to Dubai Aerospace Company, an aircraft leasing...

More flexible parenting

MT has always championed flexible working – if done right, it can lead to a happier, better-motivated and more productive workforce. But the government’s plans to extend this right, announced yesterday in the Queen’s Speech, will have expensive implications for British businesses – so however noble...

BA soars to record profit

More cost-cutting success at British Airways, which revealed a 26% increase in half-year profits this morning – despite the high-flying fuel prices.

EU opens its doors with blue card scheme

Hiring qualified non-Europeans to plug your skill gaps is about to get easier – unless you’re in Britain, that is.

Superjumbo super-gamble

Singapore Airlines has become the lucky recipient of the first Airbus A380 super jumbo to roll – or should that be crawl – off the production line, 18 months late and more than four billion pounds over budget.

The Bourn Profligacy

‘Quis custodes ipsos custodiet?’ Roman satirist Juvenal, the author of this famous epigram, liked to poke fun at the excesses of the city’s feckless rich. He would have had a field day with the National Audit Office’s Sir John Bourn.

Sell off to break sound barrier

An auction to set the pulses racing of every plane-mad small boy trapped in a grown-ups body takes place in Toulouse. A hoard of spare parts and what the salerooms call ephemera collected from the what was the French homebase of the old Concorde jet is to go under the hammer there this afternoon.

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