Vodafone axe Emma Raducanu from £3m-per-year deal, reports Sport Business British tennis player Emma Raducanu has reportedly been axed from her £3m-per-year partnership with telecoms giant Vodafone. She had signed the deal in 2021 after becoming the first British woman since Virginia Wade in 1977 to win one of the four major tennis grand slams. Having claimed victory over Leylah Fernandez at Flushing Meadows at [...]
Heathrow ‘open and fully operational’ after disruption caused by power outage Transport and infrastructure Heathrow Airport said it is “open and fully operational” on Saturday after the airport was shut over a loss of power caused by a substation fire. Flights resumed at the west London airport on Friday evening and restrictions on overnight flights were temporarily lifted following hours of closure, after a blaze knocked out an electricity [...]
Eurostar halts London-Paris trains for rest of day after unexploded bomb found Transport and infrastructure Eurostar has suspended services between London and Paris for the rest of Friday after the discovery of an unexploded Second World War bomb near tracks in the French capital. Thousands of passengers are disrupted as the cross-Channel operator was scheduled to run 32 trains in either direction throughout the day. A large crowd of people [...]
IAG: Pay for British Airways owner’s CEO takes off after FTSE 100 success March 5, 2025 The chief executive of British Airways owner IAG has received a huge pay rise after its shares surged on the FTSE 100 over the last year. Luis Gallego has been handed a pay packet of £4.6m for the group’s latest financial year, up from the £3.1m he received for 2023. The latest figure also compares [...]
Loyalty tech startup acquired in mega eight figure deal March 3, 2025 UK-based loyalty tech startup Lux Rewards has been acquired by global rewards company Enigmatic Smile in an eight-figure deal following years of near closures. The exact purchase price has not been disclosed. The acquisition reflects growing consolidation in the loyalty tech industry as businesses compete to meet increasing consumer demand for rewards and retention-focused programs. [...]
Rolls-Royce shares could soar 50 per cent, says BofA February 28, 2025 Shares in engineering giant Rolls-Royce could rise a further 50 per cent following an already stellar two-year rally, analysts at Bank of America have said. Analyst Benjamin Heelan on Friday lifted his price target to 1,150p from 830p, according to Bloomberg, prompting shares to rise over three per cent by mid-day. It came just a [...]
IAG: British Airways owner beats expectations as profit hits record £3.6bn February 28, 2025 British Airways owner IAG beat expectations in its full-year results as strong travel demand in the post-pandemic era continued through 2024. The airline conglomerate reported a record operating profit of €4.3bn (£3.6bn), up 22 per cent year-on-year and ahead of the €3.7bn analysts had forecast. Revenue also came in ahead of expectations, rising nine per [...]
Ex-British Airways cabin crew employment case takes off February 26, 2025 A group of ex-legacy cabin crew of British Airways are suing the airline for more than £500m over alleged unfair dismissal during the pandemic
Heathrow could face legal challenge if airlines forced to pay for third runway February 24, 2025 Emirates’ boss has warned that London Heathrow Airport could face a legal challenge from its airlines if they are forced to pay for a third runway. In an interview with the Financial Times, industry veteran Sir Tim Clark warned against further hikes to landing charges to pay for the expansion. “This could end up in [...]
City break in Munich: Where to stay and what to see in Bavaria January 31, 2025 If there’s one thing Munich is famous for it’s Oktoberfest. But if beer-swilling stag parties aren’t your thing, visit the Bavarian capital any time of the year apart from late September and you will find one of Europe’s richest, most varied city break destinations. The art scene is second to none, and the beer stein [...]