Jump in winter sun breaks as wealthy Brits prioritise wellness Travel Wealthy Brits are flocking to sunny hotspots abroad over the Christmas season with wellness among the top priorities for holidaymakers, fresh data has found. More than one in three (34 per cent) Britons say they plan to travel abroad this winter for a warmer escape, according to survey data compiled by Four Seasons, with almost [...]
Heathrow ‘under pressure’ amid rising costs Aviation Heathrow Airport has warned that rising employment costs and the government’s controversial business rates overhaul will wipe out the additional revenues generated from a record number of passengers passing through the west London hub. In an update to bondholders, the UK’s largest airport revealed its profit had plummeted by 38 per cent in the nine [...]
2025: It’s been one hell of a year for UK business Video From political drama to market volatility, cyber attacks, takeovers and trade wars – 2025 has not been plain sailing. January: motor finance and angry farmers We began the year reporting on the exodus from the London stock exchange noting that 2024 had been the quietest year on record for new listings and we suggested that [...]
Flying taxis to slash Heathrow to City trip to 12 minutes December 10, 2025 Commuting from Heathrow to central London may soon be a thing of the past. Vertical Aerospace, founded by the man behind OVO energy, has unveiled Valo, its next generation aircraft designed for quick, zero emission airport to city travel. While the British electric aviation giant’s shares have seen a 94 per cent decline since its [...]
Rival Heathrow bidder vows to plough on despite proposal snub November 26, 2025 The hotel billionaire behind a rival bid to develop Heathrow’s third runway has vowed to continue his pursuit to oversee the expansion despite ministers favouring a proposal submitted by the hub’s current owner that involves rerouting the M25. Transport secretary Heidi Alexander confirmed on her decision to proceed with the £49bn vision from Heathrow Airport [...]
Eurotunnel ‘pursuing legal process’ with government over business rates November 20, 2025 The firm behind the Channel Tunnel train will pursue legal action against a UK government agency and pull out of all its future investment in Britain unless plans to triple its business rates bill are aborted. Eurotunnel is poised to scrap its multimillion-pound plans to revive a major freight terminal in east London and cancel [...]
Businesses back Heathrow bid to run third runway November 18, 2025 A group of well-known firms has urged ministers to approve the third runway expansion plan tabled by the owner of Heathrow airport, arguing its plan will deliver “the greatest economic benefit to the UK”. In a letter to transport secretary Heidi Alexander, bosses from the likes of Burberry, Caffe Nero and Fortnum and Mason threw [...]
Virgin Atlantic uses Heathrow slots as collateral for $745m Apollo loan November 13, 2025 Virgin Atlantic has borrowed $745m (£564m) from alternatives giant Apollo in a groundbreaking private credit deal that will see the airline use the value of its landing slots at Heathrow as collateral. Virgin said it would use the funds to pay down a legacy debt and make upgrades worth hundreds of millions of pounds to [...]
‘Sower of chaos’ – Russia behind UK cyberattacks, says Cloudflare boss October 30, 2025 The recent spate of cyberattacks that have crippled British firms is largely being carried out by Russia, which used the outbreak of the conflict in Gaza as a “cover story” to deflect attention, the boss of one of the world’s largest cybersecurity firms has said. Cloudflare chief executive Matthew Prince told City AM that the [...]
Third runway shortlist revealed as ministers push for fast take-off October 22, 2025 The transport secretary has shortlisted two potential operators to oversee the development of Heathrow’s third runway as part of an overhaul of the planning process that she hopes will speed up the megaproject’s delivery. Heidi Alexander told MPs on Wednesday that bids from incumbent operator Heathrow Airport Limited (HAL) and the ‘Heathrow West’ proposal from [...]