The European Commission granted International Airlines Group (IAG) the authorisation needed to acquire British Midland Limited (BMI) from Lufthansa, adding that competition concerns were addressed by conditions that were part of the deal.
In the coming months, IAG plans to integrate BMI with British Airways. Conditions on the approval included:
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'We face a £6m inheritance tax bill under Reeves's changes – it's sheer terror'Thousands of families fear they’ll have no option but to look at selling their firms in a fire sale to pay inheritance tax bills, due to Rachel Reeves’s changes to business property relief
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Millions of over 50s fear pension investment risk – how should you position your portfolio?To de-risk or not to de-risk, that is the question. Act too late and you could face irreversible losses. Move too early and miss out on significant gains that could transform your retirement.
