Norwegian snubs bid from British Airways owner
Craig TaylorNorwegian says proposals from International Airlines Group undervalued the firm and its prospects. BBC News – Business
Business
Heathrow airport: Rival expansion scheme revealed
Group led by hotel owner wants to build a new terminal on the airport’s western edge near the M25. BBC News – Business
RBS to cut 162 branches and 792 jobs
Royal Bank of Scotland is to close 162 branches in England and Wales, resulting in nearly 800 job losses. BBC News – Business
Labour pledges cap on overdraft fees and interest payments
Shadow chancellor John McDonnell says he wants to end the “national scandal” of poor families in debt. BBC News – Business
TSB: How it all went so wrong for the bank
An IT crisis has left customers furious and MPs demanding answers. This is the story of TSB’s nightmare week. BBC News – Business
UK economy in weakest growth since 2012
GDP growth fell to 0.1% in the first quarter of 2018 driven by a sharp fall in construction. BBC News – Business