The Office of Fair Trading (OFT) has more than halved the fine it slapped on British Airways back in 2007 for colluding with its rival Virgin Atlantic on fuel surcharges.
The OFT had originally fined British Airways, now part of IAG (International Consolidated Airline Group), £121.5m after conducting an investigation into pricing on long-haul flights during a period spanning from August 2004 to January 2007; that fine has now been reduced to £58.5m.
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Zoopla: House prices slows to 1.4% in May as rate of sales at four year highThe average UK property now costs £268,400, Zoopla says, but some areas of the country are experiencing much higher price growth than others.
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FCA reveals 'once in a generation' advice changes - what the reforms mean for youConsumers to get free access to financial advice type help for pensions and investment following proposed changes from the regulator
