This is an interesting article that may impact your thoughts on BA's cost reduction plans and, indeed, its general business planning for the foreseeable future.
Basically, the article states that two US carriers (Delta and American) have reduced fares in Business Class by over 50%. Business Class to LHR for June is now under $2,000. How does that compare to BA CW?
Link to the full article below:
Delta, AMR See Revenue Vanish as New York Business Fares Tumble - Bloomberg.com