City Diary

THE following business news is expected tomorrow

• British Airways is due to post its full-year results, which are expected also to include a second profits warning about the current year.

The company has been hit hard by the rising cost of oil, with fuel surcharges now 30-35 per cent higher than at the end of last year. It is also expected to give more detail about losses incurred by its move to Heathrow's Terminal 5.

• Bookmaker Ladbrokes is lined up for an interim management statement, while Argos owner Home Retail Group is expected to provide the market with an update ahead of its AGM.