Qatar Airways has emerged as the owner of a 10% stake in International Airlines Group, the owner of British Airways and Iberia. The Gulf airline is already a member of the Oneworld alliance.
Labour has seized on the IFS figures as evidence that Britain was trapped in a 'cost of living crisis'. Photograph: Oli Scarff/Getty Images.
WASHINGTON (Reuters) - U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006.
Banks have cheered Britain's financial watchdog for announcing it will consider introducing a time limit for complaints about the mis-selling of payment protection insurance - a scandal that has cost the industry more than �24bn.
Trade body the British Beer and Pub Association put the turnaround down to cuts in beer duty - knocking a total of 2p off a pint - in the last two Budgets.