Luton Airport enjoys busiest ever March as passenger numbers swell to over 1m April 8, 2019 Luton airport enjoyed its busiest ever March this year with 1.3m passengers, up 10.4 per cent on the same month last year. The airport anticipates it will welcome over 210,000 passengers over the Easter weekend, taking the total this year to 17m. Over 58,000 passengers are expected to fly through the airport on 18 April [...]
What a scoop: Ben and Jerry’s will offer free ice cream to Londoners tomorrow April 8, 2019 Ice cream lovers will get themselves a free scoop, or two or three, tomorrow as Ben and Jerry’s annual free cone day celebrations return to the capital. City of London office workers and dwellers, will need to head to Soho – the closest Ben and Jerry’s store to the square mile. Read more: Olive Oil ice [...]
No-deal planning programme extended due to later Brexit date April 8, 2019 The government has extended the deadline for companies to apply for an £8m scheme to help businesses prepare for Brexit, it said today. The programme was instituted in October 2018 to help businesses prepare for a no-deal scenario by training traders on how to meet customs requirements and helping fund IT costs, among other measures, [...]
British car manufacturing powers down to half capacity as planned factory shutdowns take effect April 8, 2019 British car makers including Jaguar Land Rover (JLR) have gone ahead with plans to shut their UK plants this week over Brexit, in a move which leaves at least half the country’s car production gridlocked. JLR’s Wolverhampton engine plant as well as its three assembly plants in Solihull, Halewood and Castle Bromwich were due to [...]
UK inflation expectations remain at five-year high April 8, 2019 The British public’s expectations of inflation for 2019 stayed at their highest level in five years, new Bank of England data revealed today. Read more: Inflation edges up from two-year low as food and alcohol prices rise Britons expect the inflation rate – the speed at which prices increase over time – to be at 3.2 per [...]
Losing height: Boeing suppliers’ shares take a hit after plane maker announces 737 Max production April 8, 2019 Some of Britain’s biggest engineering companies lost hundreds of millions in market value this morning after Boeing announced it will cut production of its 737 Max range by nearly 20 per cent. Suppliers to the US firm including Rolls-Royce lost out as investors digested the news announced on Friday afternoon, which is the latest blow [...]
City watchdog FCA strengthens post-Brexit ties with Australian regulator April 8, 2019 The City watchdog has strengthened ties with its Australian counterpart to secure cooperation post-Brexit. The Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) have agreed two Memoranda of Understanding (MoU) covering trade repositories and alternative investment funds, to ensure continuity after the UK leaves the EU. Read more: FCA tells Morgan [...]
Battle of the brands: Addison Lee tops list of most London-centric brands April 8, 2019 Taxi firms, shopping centres and local radio stations are among the brands which are most well known only to those living in the capital, a new study has found. Addison Lee topped Yougov's index of the most London-centric brands, with 83 per cent of Londoners knowing about the taxi hire firm compared with 29 per [...]
MPs criticise Boris Johnson over fresh breach of financial reporting rules April 8, 2019 MPs have slammed Boris Johnson for a fresh breach of parliamentary financial reporting rules after he failed to promptly declare outside income from a share in a property. Read more: Boris piles pressure on May to avoid Labour customs union Brexit deal Johnson registered his interest in a 20 per cent share of a property [...]
Debenhams shares fall into the red as investors eye deadline for Sports Direct offer April 8, 2019 Debenhams shares dipped five per cent in early afternoon trading today, falling from a 15 per cent rise this morning as the deadline for a pre-pack administration draws near. The embattled department store chain is set to hand ownership to lenders tomorrow if Sports Direct fails to reach an agreement with the retailer by the end [...]