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      Tesco faces hundreds of millions pounds in extra costs due to recent tax changes

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      An England World Cup isn’t just football – it is money, politics and a nation’s bad habits

      Business professionals in a meeting discussing strategic planning and market trends in a modern office setting.

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Transport & Infrastructure

  • Boeing boss warns sustainable aviation fuels will ‘never achieve the price of jet fuel’

    May 23, 2023

    Boeing’s boss David Calhoun has warned that new sustainable biofuels will “never achieve the price of jet fuel,” downplaying widespread hopes for the technology in the sector. According to reports in the Financial Times today, Calhoun said he believes sustainable aviation fuels (SAF) have the potential to become more economical. However, he also said: “I [...]

  • Elizabeth Line: London can enjoy strike free half term as industrial action on route binned

    May 23, 2023

    Elizabeth Line strikes will no longer take place on 27 May, marking the end of planned half-term industrial action for London’s busiest route as it marks its first anniversary. Eighty percent of TSSA members voted to accept the latest pay offer, which the union says addressed their main concerns. As a result, the planned ‘Action [...]

  • Heathrow: ‘Doomed’ third runway plans under attack from London politicians

    May 23, 2023

    Heathrow Airport’s plans to reduce the impact of noise are “not ambitious enough,” the London Assembly said this morning, in a letter urging the airport to provide more clarity on the current status of its third runway expansion. The letter, addressed to Heathrow boss John Holland Kaye, said that the “lack of clarity” over the [...]

  • Train passengers could lose free wifi amid cost cuts

    May 22, 2023

    Train passengers face losing access to free wifi under cost-saving measures. The Department for Transport (DfT), which controls the finances of most operators in England, has said it is reviewing whether the service “delivers the best possible value for money”. Most train services on Britain’s railways offer free wifi, enabling people to connect their electronic devices to the [...]

  • London Heathrow: Passengers will face ‘no cancellations’ during half term strikes

    May 22, 2023

    London Heathrow airport has assured passengers not to worry about upcoming half-term strike action by security officers, stating that “no flights” will be cancelled as a result. The airport said it remained confident of its ability to handle this weeks walk-outs, having delivered “excellent passenger service throughout the previous strike periods,” with most passengers waiting [...]

  • Harvey Nichols boss warns tourism tax is hurting UK economy

    May 22, 2023

    The boss of Harvey Nichols has warned that the so-called ‘tourism tax,’ created by the scrapping of tax-free shopping in 2021, is having a significant impact on the wider British economy. Chief executive Manju Malhotra told The Times that the tax was affecting not just retailers that benefit from international visitors, but the “entire ecosystem [...]

  • Ryanair posts record £1.26bn profits – but warns of turbulence with strikes and high fuel prices

    May 22, 2023

    Ryanair posted record profits of $1.57bn (£1.26bn) in its full year results, as it cashed in on rising fares and strong traffic recovery – but warned it may experience turbulence in the near future. The low cost carrier flew a record 168.6m passengers, up 74 per cent, in the year ending March and said that [...]

  • Plans to shake up British railway network could be watered down as new powers likely delayed

    May 19, 2023

    Plans to shake up the railway network may be watered down as legislation to give powers to a proposed new public sector body could be delayed, it has been reported.  Great British Railways (GBR), announced in 2021 by then-prime minister Boris Johnson as a way to simplify the rail network and improve services for passengers, [...]

  • Fresh strike action announced by RMT as national rail dispute rumbles on

    May 18, 2023

    The RMT has announced fresh strike action this afternoon, with members working for 14 train companies in the national rail dispute set to walk out on Friday 2 June. The union said it found the Rail Delivery Group (RDG)’s previous offer and associated conditions “unacceptable”. Some 20,000 railway workers in catering, train managers and station [...]

  • Problem with the UK’s automotive sector ‘isn’t to do with Brexit’, says Kemi Badenoch

    May 18, 2023

    Business and trade secretary Kemi Badenoch has said the issue with the UK’s automotive sector “isn’t to do with Brexit”, as Labour pressed the government for an “explicit industrial strategy”. Her comments came as shadow business secretary Jonathan Reynolds warned that the “automotive sector has issued warning cry after warning cry that government policy risks [...]

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