The High Court has made a order winding up a well known West of Ireland Hotel after being informed that it had failed to satisfy a debt owed to Revenue of more than €500,000.

British Airways today revealed first quarter pre-tax losses of £45m (€64m). The airline also said the cost of industrial action over its proposed swipe card clocking-on system will be in the range of £30 (€42.6m) to £40m (€56.9m).

Chief executive of British Airways, Rod Eddington, is to have talks today with union leaders in the hope of resolving the ongoing dispute over the introduction of clocking-on swipe cards at Heathrow.