Proms Podcast

Network Rail braced for governance inquiry

KPMG consultancy expected to question how board is held to account and demand transparency on management bonuses

BA to clip wings of short-haul fleet

Gatwick to bear the brunt of cutbacks with fuel costs grounding 20% of short-haul flights as airline follows budget rivals' streamlining

Brown plugs into future of electric cars

Prime minister pledges £90m of government support for electric, hybrid and environmentally clean car projects

BA executives face price-fixing charges

Four British Airways executives, past and present, could be charged with price-fixing and face up to five years in jail

Audi revenues dented by stronger euro

Luxury car maker hints at possible price increases to combat rising costs and weaker currencies in key markets

Business big shot: Sir John Rose

Sir John Rose's likely retirement as chief executive of Rolls-Royce in two years is a serious concern to shareholders

Shipping sector rides wave of boom in trade

Rapid economic growth in China and India has led to a boom in world trade, which has brought good times for the industry

EasyJet says high fares will hit passenger choice

The airline's chief executive Andy Harrison gave warning that the high price of oil would reduce choice for travellers

Slowdown forces Ford to cut the gas guzzlers

America's second-largest car group wrote down $7.4bn from its value pushing second-quarter losses to nearly $9bn

Rolls-Royce scores on efficiency and emissions

High fuel prices and CO2 emissions have forced the shipping fleet to buy more efficient engines with Rolls-Royce orders up

Ford pins hopes on small cars for survival

As the auto maker's truck business stalls amid soaring fuel prices, Ford's second quarter loss reached $8.7bn

EasyJet profits to slide 43% as fuel costs bite

The budget airline warned today that, despite offsetting half its soaring jet fuel bill, profits will slide 43% this year

Emerging markets to drive VW's sales to record

Volkswagen on track to record year as emerging markets prop up falling car sales in Europe and America

United Airlines sheds more jobs as fuel rises

US airline is to shed 13 per cent of its workforce and cut more than a sixth of its domestic routes in attempt to cut costs

Fuel prices cost United Airlines 7000 jobs

The US airline plunges to a $2.73bn loss in the quarter, compared with a profit of $274m in the same period last year