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BT offers holidays for pay cuts
BT offers staff the chance of long holidays in return for a big pay cut in a bid to reduce costs during the economic downturn.
Rogue trades cost oil broker $10m
A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades.
BA to cut spending by one fifth
British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers.
