And in the real world... RBS, Virgin Atlantic, Vodafone and more

Telefónica, the Spanish telecoms company that owns O2, is set to spark a bidding war for T-Mobile by putting in an offer for the ailing company. However, it has emerged that the company could face competition from France Telecom, which is considering forming a joint venture between T-Mobile and its UK mobile business, Orange.
Source: The Financial Times

Vodafone, which has also been linked with T-Mobile in recent weeks, is to return to The Carphone Warehouse following a three-year exclusive deal with Phones4U.
Source: The Guardian

Stephen Hester, the chief executive of Royal Bank of Scotland, has been forced to defer part of his £9.6 million pay package following pressure from investors.
Source: The Financial Times

Virgin Atlantic is planning to cut around 600 jobs, the equivalent of about 8 per cent of its workforce, as well as cutting capacity by 7 per cent.
Source: The Financial Times

Diageo, the world's biggest drinks group, has come under fire from politicians and unions after it announced plans to close a packaging plant and a distillery in Scotland, resulting in the loss of 900 jobs.
Source: The Times

Sir Stuart Rose, the executive chairman of Marks & Spencer, has said that he will step down from his role next year, but has refused to lend support to Sir David Michels as his successor.
Source: The Financial Times