Drone scare at Dublin Airport causes confusion, temporarily grounds flights February 21, 2019 A drone sighting on the airfield at Dublin Airport caused confusion and grounded all flights for around 15 minutes just before midday. Read more: Government extends 'no-fly zones' around airport runways after drone chaos Ireland’s biggest international airport said it would keep passengers updated on the situation. Flight operations have now resumed @DublinAirport following an [...]
Rail and bus firm Go Ahead upgrades full-year outlook despite drop in profits February 21, 2019 Profits at rail and bus operator the Go Ahead Group dropped by more than 50 per cent in the second half of last year due to the scrapping of its London Midland franchise and poor financial performance for Govia Thameslink Railway (GTR). However, although rail operating profit fell from £40.3m to £17.6m in the six months ending [...]
Ofgem price cap: What to do if your energy bills shoot up February 21, 2019 Around 11m customers are facing higher energy bills from April, as SSE became the last of the Big Six energy suppliers to hike tariffs this morning. The energy firms have said that they need to put up prices as they are squeezed by higher wholesale costs. Read more: Households told to cough up as Ofgem [...]
Electric avenue: SSE becomes last Big Six supplier to hike energy prices after Ofgem price cap rise February 21, 2019 The energy market completed the set this morning as supplier SSE became the last of the Big Six to say it will hike prices. The move comes exactly two weeks since Ofgem increased the rate which suppliers are allowed to charge customers on default tariffs for their energy. Read more: Ofgem price cap: What to [...]
British Gas owner Centrica sees shares fall to 20-year low as it warns of energy price cap hit to cash flow February 21, 2019 The owner of British Gas grew profits last year, but shares dropped 11 per cent this morning to a 20-year low as the company warned a new energy price cap will impact cash flow. The figures Revenue grew six per cent year on year to £29.7bn at Centrica and adjusted operating profit was up 12 per cent to [...]
Heathrow breaks the history books with over 80m passengers flying through airport February 21, 2019 Heathrow airport enjoyed the busiest year in its history last year, bringing in 80.1m passengers, a near three per cent increase on the year before. The record-breaking numbers were accompanied by a climb in revenue of three per cent to £3bn, which the airport said was delivered by increasing demand and strong retail spend. Over the [...]
The rubbish revolution: How to profit from plastic policy changes February 21, 2019 It is estimated that eight million tonnes of plastic packaging end up in the world’s oceans every year. The plastic problem has jettisoned into social consciousness over recent years, helped by TV programmes like Blue Planet and Plastic Ocean. Now our lives are littered with concerns about the impact of this material on the environment. [...]
Government will miss smart meter targets, MPs say February 21, 2019 The government will not reach its target of installing smart meters in every home in the UK by the end of 2020, MPs have warned, after a string of setbacks hit the initiative. Meanwhile, northern customers are helping to pay for meters many of them will never see, the Business, Energy and Industrial Strategy Select [...]
Billionaire Sir Jim Ratcliffe met with Prime Minister over 4×4 vehicle plan February 21, 2019 Prime Minister Theresa May has held talks with Sir Jim Ratcliffe about his ventures as the businessman reportedly looks to take parts of his fortune abroad. Britain’s richest man, who is facing increased scrutiny over his tax arrangements, met with May and business secretary Greg Clark last week to discuss his blueprint for a new [...]
Earnings are electric at Scottish Power owner February 21, 2019 Spain's Iberdrola has said it will bring forward its growth plans by a year after profits rocketed. The Scottish Power owner said it now expects to hit 2022 targets, including net profit of €3.5bn to €3.7bn (£3bn to £3.2bn), by 2021. The supplier, is on a major investment spree, having poured €4.1bn into its networks and renewables business. [...]