Three of the UK's biggest airlines have united to call on the British Airports Authority to pay some of the estimated £250M in costs run up during the security crisis began.
British Airways, Virgin Atlantic and easyJet made the plea after the recent alert caused five days of disruption at UK airports. Ryanair is also calling on the Department for Transport to cover costs The Telegraph
The government should encourage more innovation by shifting to a demand driven procurement approach, the Conservatives said today. 'The taskforce believes that government could encourage innovation not by trying to pick winners but by identifying a need and challenging scientists and engineers to come up with the right project or service,' said a report published today The Financial Times
The Australian government is offering drivers a subsidy of A$2,000 (£794) to covert their cars to run on liquefied petroleum gas The Financial Times
More than 10,000 homes were left without electricity after a squirrel caused a power cut. The rodent climbed a 12 metre (39ft) wooden pylon and touched two live conductors - one with its paw and the other with its tail. It created a short circuit between the two conductors, sending 11,000 volts through its body and killing it instantly. The meltdown knocked out power to 10,380 homes in three suburbs in Exeter on Sunday afternoon. Engineers who investigated the blackout found the squirrel dead at the bottom of the pole. Squirrels often climb pylons mistaking them for trees The Guardian
Indicative bids are expected today in RWE's auction of Thames Water, which is worth an estimated £7bn. The government of Qatar, the French water group Veolia, and a consortium including 3i and Borealis, the Canadian pension fund, are said to be among the interested parties The Times