FJET.L Share News (FJET)

(ShareCast News) - Banks, already facing intense competition from hedge funds to secure top talent, have warned that they risk being handicapped in the hiring race by an overzealous interpretation of EU bonus rules. A legal analysis of EU legislation covering bankers' pay as made it clear that the rules must be applied across the sector, in theory removing the right of countries to apply exemptions. - Financial TimesActive managers of UK equity funds have shielded investors from the worst of the market turmoil, with seven in 10 performing better than the falling FTSE 100 and FTSE All-Share indices. - Financial TimesMove over Billy and never mind the meatballs, the boss of John Lewis has warned Ikea that the department store is aiming to take its place as Britain's biggest home and furniture retailer. Ikea arrived in the UK in 1987 and its warehouse stores have become firmly established as the country's favourite destination for flatpack furniture, chairs and lighting. - GuardianComplaints to the financial ombudsman about fee-paying packaged current accounts have soared to 1,000 a week, making them the second most complained about financial product after payment protection insurance. The Financial Ombudsman Service has been receiving batches of complaints submitted by claims management firms, many of which have switched their attention from PPI to encouraging people to claim compensation for alleged packaged account mis-selling. - GuardianFastjet, the budget airline that aspires to become a pan-African carrier, has passed a major milestone and struck a deal to buy its first plane. The Aim-listed company, which was founded in 2012 and backed by easyJet founder Sir Stelios Haji-Ioannou, is on Wednesday expected to announce that it has signed a letter of intent to purchase a nine-year-old Airbus A319. - TelegraphUber's dramatic growth in London has seen the number of private hire vehicles on the capital's roads surge by 26pc over the past two years. The arrival in the UK of the San Francisco-based car-hailing appjumpstarted the stagnating minicab sector, which had seen the number of private hire vehicles climb by 3pc between 2009 and 2011 and drop by 2pc in the following two years. There are now 62,754 private hire vehicles in London, up from 49,854 in 2013, according to the Department for Transport. - Telegraph