Retail news
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Carphone Warehouse agrees deal with Virgin Media
- Posted:
- 07 September 2007 09:12
Carphone Warehouse (CW) has agreed a deal to sell Virgin Media’s broadband, digital TV, home phone and mobile services in its stores. It is the first time CW has offered a broadband fixed-line package from a rival supplier to its own TalkTalk service.Speaking to The Telegraph, acting chief executive of ...read more
BA staff face extradition over price fixing
- Posted:
- 24 August 2007 09:23
Former and current senior staff at British Airways have been threatened with extradition to the US as part of an ongoing criminal investigation involving price fixing. BA, the world’s third largest airline, faces a fine of £151 million for its part in fixing the prices of fuel surcharges for cargo ...read more
Virgin Media chief executive quits
- Posted:
- 22 August 2007 09:27
The chief executive of Virgin Media, Steve Burch, has resigned "for family and personal reasons" according to the company. Mr Burch will be stepping down from the board of Virgin Media and returning to the United States. Whilst the search for a replacement is being conducted, Virgin Media’s COO Neil ...read more
Which? highlights "huge" gap in broadband speeds
- Posted:
- 07 August 2007 09:27
Research from consumer advice group Which? has found that there is a "huge" gap between advertised broadband speeds and the actual speeds users can achieve. The study found that over a third of Which? members had broadband packages which were advertised as offering speeds of "up to" 8 Mbps (megabits ...read more
British Airways fined £121.5m over price fixing
- Posted:
- 02 August 2007 09:31
British Airways has been fined £121.5 million by the Office of Fair Trading for its involvement in an alleged price-fixing scam. It is the biggest-ever penalty imposed by the OFT for infringements of competition law. OFT chairman Phillip Collins said the fine will "send an important message to corporate boards ...read more
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