Lookers set to beat profit forecasts after ‘resilient’ lockdown performance April 8, 2021 Car dealership Lookers today said that full year profit would come in “materially ahead” of the £22.6m predicted by analysts after a better than expected performance in the first quarter. The announcement sent shares into overdrive this morning, with the company’s stock up 13.3 per cent as markets opened. The FTSE 250 firm, which has [...]
Rail firms boost service levels ahead of next stage of lockdown lifting April 8, 2021 Rail firms are cranking up their service levels in the build up to the next stage in the UK’s lifting of lockdown restrictions on 12 April. By next week, when retail and leisure facilities reopen, train franchises will be running 18,000 services a day, according to industry body the Rail Delivery Group (RDG). That’s more [...]
Cunard and Princess owner Carnival refuses to rule out vaccine passports for cruises April 7, 2021 Cunard and Princess owner Carnival refuses to rule out vaccine passports for cruises
Commercial struggles offer open skies to private jet operators April 7, 2021 The global collapse of aviation over the past year has for the most part been one long unrelenting nosedive, with the occasional moment of levelling out as much-needed respite. As in most crises, however, there are both winners and losers, and though the big commercial airlines clearly fall into the latter category, an unlikely group [...]
Pod Point hires Bank of America to help with float plan – report April 7, 2021 Electric vehicle charging firm Pod Point has reportedly brought on Bank of America to work on a potential stock market float. According to Sky News, the firm could go public at some point this year, with Bank of America working together with Barclays on the deal. Pod Point is majority owned by French energy giant [...]
British expats flee Spain to avoid deportation as post-Brexit rules turn them into illegal immigrants April 7, 2021 Thousands of undocumented British expats in Spain are heading back to the UK as they fear being fined or deported as a result of post-Brexit immigration rules in the southern European country. British nationals who failed to apply for Spanish residency documents or whose applications have been rejected are only permitted to stay up to [...]
Ryanair expects to limit last year’s losses to £732m April 7, 2021 Ryanair said it believes losses in the last year will now be lower than previously expected, at between £689m and £732m, compared with previous guidance of around £100m more. The downgrade comes despite the company adding that travel restrictions and lockdowns over Easter, blaming the slow rollout in the EU of Covid-19 vaccinations, delayed any [...]
Cruise ship operator Saga’s profit plunges as travel restrictions continue April 7, 2021 Saga, the over 50s holiday and insurance provider, suffered a sharp drop in profit during the coronavirus pandemic due to the negative impact of restrictions on international travel. Underlying profit before tax plunged 84.4 per cent from £109.9m to £17.1m, it said this morning. However, the cruise ship operator posted a statutory loss before tax [...]
Video: Cargo ship adrift off Norway after dramatic rescue of crew April 7, 2021 Emergency response teams scrambled last night to prevent a Dutch cargo ship adrift in the North Sea from sinking and causing an oil spill off Norway’s coast after the crew had to be evacuated in stormy weather. Footage released by the Norwegian Rescue Coordination Centre showed some of the 12 crew members jumping into the [...]
Mayor of London election: Sadiq Khan pledges to ban gambling ads on the Tube April 6, 2021 Sadiq Khan has pledged to ban gambling advertisements on the Tube if he is re-elected as mayor next month. The mayor’s election manifesto, released today, said his current junk food ad ban on the London Underground would be extended to include “harmful gambling advertisements” if he wins the 6 May election. Khan previously banned all [...]