Admiral: ‘Mammoth’ price hikes to feed profits but dividend could be lowered March 3, 2024 Admiral is set to report its full-year results next week, with analysts expecting price hikes throughout 2023 to feed through to the profit line.
GKN Aerospace owner Melrose to report £400m profit amid travel boom March 3, 2024 GKN Aerospace owner Melrose is expecting profits of around £400m in its full-year results next Thursday, propped up by booming travel demand.
‘Outrageous’ rail fare hike slammed amid soaring cancellations and strikes March 3, 2024 An inflation busting 5 per cent hike in rail fares has been dubbed "outrageous" amid soaring cancellations and ongoing industrial action.
Lumo chief: More commercial freedom will bring down rail fares March 2, 2024 Bringing more commercial freedom to the UK's rail system will help bring down fares for passengers, the boss of Lumo and Hull trains has argued.
Sadiq Khan launches off-peak tube and rail fare Fridays to boost London hospitality March 1, 2024 The initiative from London's mayor will encourage commuters to abandon the pandemic-ra working from home on a Friday, which has badly hit the hospitality sector.
Aircraft leasing firm Avation sees profits cut in half March 1, 2024 The company posted it unaudited results for the six months ended 31 December 2023, which saw revenue and other income at $46.3m (£36.6m), down from the $55.7m (£44m) it reported for 2022.
Wincanton switches horses and backs new £762m takeover bid – but will French suitor come back? March 1, 2024 Wincanton looks set for a £762m takeover by Clipper logistics owner GXO after bosses withdrew their backing for a rival bid and waved through a new offer to shareholders.
Clipper logistics owner GXO makes £762m offer for Wincanton as bidding war heats up February 29, 2024 GXO, the owner of Clipper Logistics, has announced a £764m swoop for Wincanton as a bidding war with a French rival heats up.
Work on £1.75bn Midlands Rail Hub to begin after extra funds injected February 29, 2024 Design work on the £1.75bn Midlands Rail Hub project is set to start after the government provided an extra £123m.
IAG: British Airways owner hits £3bn profit and boss says plenty more to come February 29, 2024 British Airways owner the IAG reported record pperating profits in its full-year results this morning amid a boom in travel demand.