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In the papers today - 23 October

Property developer Anton Bilton is involved in a last-minute race to save one of the first landmark buildings of postwar London.
Bilton has teamed up with the leading American hotelier André Balazs to make a bid for Fortress House, the former Savile Row headquarters of English Heritage - The Times Standard Life - the Corus shareholder which has complained the Tata Steel's £4.3bn agreed offer for the Anglo-Dutch steel firm is too low, is set to make a profit of more than £100m from its 7.9pc holding - The Daily Telegraph The UK's biggest wind power project was blown off course as residents fight back. A scheme which would provide 25% of London's power is bogged down in planning objections. A further nine projects worth £1.4bn are also stuck in the panning phase - The Guardian Channel tunnel operator Eurotunnel will meet creditors this week as the company works towards a debt-restructuring deal before the end of the month - The Daily Telegraph Skilled engineers have seen significant pay rises this year as companies shed less skilled staff but are prepared to pay appreciably more to those with higher expertise, Income Data Services, the pay analyst, said yesterday. Based on data from 122 companies employing almost 250,000 people, IDS said the median salary for semi-skilled workers rose by only 2 per cent during the survey period. Multi-skilled craft rates rose by 5.6 per cent and rates for advanced craft workers went up by 8.6% - The Financial Times British people waste more energy than the inhabitants of any other major western European nation, hastening climate change and adding £2.5bn to annual fuel bills, according to research. A poll of 5,000 Europeans by the Energy Saving Trust found the average Briton admitted to 32 bad habits such as leaving lights on in empty rooms, more than twice as many as the most energy conscious nation - The Independent A Thomson Boeing 757-200 had to make an emergency landing at Stansted airport in Essex yesterday morning after its crew noticed a 'haze' in the cabin. All 154 passengers and seven crew on board used emergency slides to leave the plane, which was flying from Newcastle to Larnaca in Cyprus, a spokeswoman for the tour operator said - The Times Panamanians have backed plans to double the capacity of the Panama Canal, the largest modernisation project in its 92-year history. About 79 per cent of voters supported the £2.8bn plan to extend the canal in a referendum according to preliminary results released last night - The Independent Britain's main airports are expected to undergo a major overhaul in an attempt to banish the queues that crippled the world's busiest international flight hub in August. BAA - the owner of Heathrow, Gatwick and Stansted, as well Scotland's three largest airports - is understood to be drawing up plans to expand the security checking areas that became clogged with passengers in the aftermath of the terror scare. This includes more security lanes, as well as making security areas deeper in order to accommodate larger queues - The Guardian The chief executive of Corus stands to net at least £10M if the £5.1bn sale of the company to Tata Steel goes ahead. Philippe Varin, under whom the Anglo-Dutch steelmaker has seen its share price rise from 19p three years ago to £4.74 last Friday, would gain £5M from share options triggered by the change of ownership and receive another £5M under a long-term performance-related plan next year - The TimesBritish taxpayers stand to lose up to £700M of launch investment in the Airbus A380 superjumbo unless the struggling planemaker succeeds in winning a new wave of orders. Airbus has failed to find new buyers for the flagship jet for 15 months, raising doubts over its viability. Carriers are already eying the next generation of ultra-light aircraft, which make the A380 look like a gas-guzzler by comparison.The Government invested £530M in the A380 through Airbus UK and a further £250M in aid to Rolls-Royce for the Trent 600 and 900 engines - The Daily Telegraph

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