It's British Airways Short Haul Business Class service. The service definitely has its detractors – you don't get a proper business class seat. However, flights are often terrific value. You also get extras like lounge access and extra baggage.
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Lounge access is included in most business and first class tickets, with exceptions. As a rule of thumb, most Business and First Class tickets will include access to an airport lounge for use prior to your departure.
Business class is a class of seating on an airplane that is more expensive than economy but less expensive than first class. Generally, business class is indented for corporate travelers. The difference between first class and economy usually lies in service, seats and food.
Most upgrades from economy or premium economy to business start around $400 and often venture up to $1000. For flights over 7 hours that include fast track, a VIP lounge and a proper bed- $500 seems like a reasonable offer- if the number is comfortable to you.
Many airlines call their best premium cabin business class, and don't have first class at all. Airlines that do have first class may not offer it on every aircraft type or every flight. One thing, however, is standard: on flights where it's offered, first class is a premium over the business class cabin.
You also pay quite a bit more, with business-class airfare often costing $3,000 to $5,000 per flight. Some people believe that's a waste of money. They often make the argument that you don't get there any faster flying in business class. I'm not one of those people.