And in the real world... General Motors, Virgin Media, Airmiles and more

LONDON - Today's round-up of the biggest business stories.

And in the real world... General Motors, Virgin Media, Airmiles and more

US stocks struggled for clear direction yesterday as investors braced themselves for a possible bankruptcy filing from General Motors at the beginning of what is likely to be a crucial week for corporate earnings and economic data.
Source: The Financial Times

Virgin Media has provoked a furious response from unions by announcing that it will award its executives bonuses just months after cutting 2,000 jobs.
Source: The Independent

London is not in the list of the top ten cities to be worst hit by job losses, despite the much-reported cull in financial services jobs, according to a report from the think tank The Work Foundation.
Source: The Times

TV is being blamed for school lessons being dumbed-down because children can no longer concentrate enough to cope with in-depth lessons, according to Julian Chapman, the president of the NASUWT union.
Source: The Daily Telegraph

Airmiles, the British Airways-owned reward scheme, is launching a new company to help develop and manage loyalty programmes for other businesses.
Source: The Daily Telegraph


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