Mark Kleinman: O’Neill’s mission is to take BP back to the future Business Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column O’Neill’s mission is to take BP back to the future In one sense it’s a baptism of fire – in another, hardly at all. Meg O’Neill’s arrival yesterday as the first female chief executive of BP comes, [...]
Heathrow to remain world’s most expensive airport Aviation Heathrow is poised remain the most expensive airport in the world, under plans submitted by the the UK’s aviation watchdog which permit the hub to raise its passenger fee despite a frenzied lobbying effort from the airline industry. The Civil Aviation Authority has proposed lifting the maximum charge on carriers by 40p to an average [...]
Sadiq Khan to be handed peerage Politics Sadiq Khan is poised to be handed a peerage as part of an effort from Keir Starmer to placate one of the loudest Labour party critics of his stuttering administration. According to reports, the London mayor is one of several contenders in line to be elevated to the UK’s second chamber after May’s local elections, [...]
Ministers are sacrificing growth for votes, say top business bosses March 23, 2026 Government ministers have undermined the UK’s long-term economic interests by becoming “trapped” into making poor short-term policy decisions to appease voters, Britain’s top business bosses have warned. The group of corporate leaders, which include Natwest chair Rick Haythornthwaite, Heathrow chair Philip Jansen and Barratt Redrow chair Caroline Silver, said successive governments have failed to prioritise [...]
MPs want overhaul of Heathrow regulation before third runway February 20, 2026 Nearly nine in 10 members of parliament do not think Heathrow’s ambitious third runway expansion should go ahead unless there is a major overhaul of its regulatory framework to help bring down costs. A fresh poll of British lawmakers found that 84 per cent are reluctant to vote through the historic expansion without the west [...]
Heathrow warns on losing European crown without expansion February 11, 2026 Heathrow Airport has kicked off the new year with a shattering of its previous traffic record but has offered a stark warning it could lose its crown without progress on expansion. Some 6.5m passengers travelled through the airport in January, marking a 2.2 per cent increase on last year and making it the busiest January [...]
VAT-free shopping debacle has sent tourists packing January 13, 2026 Five years on from the demise of VAT-free shopping, retail and hospitality chiefs say the impact is still causing pain as the industry seeks change, writes Joanna Hodgson Five years ago this month a change came in that might, on the surface , have prompted the average British shopper to get their smallest violins out: [...]
London Luton Airport says investment at risk due to Labour’s taxes January 7, 2026 A £2.5bn proposal to expand one of London’s top airports is facing fresh challenges amid rising tax burdens, as the aviation sector feels the pain of Rachel Reeves’ business rates raid. The owner of Luton Airport, Labour-run Luton Council, had put together plans to build a new terminal and increase capacity from 18m to 32m [...]
Jump in winter sun breaks as wealthy Brits prioritise wellness December 23, 2025 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 December 19, 2025 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 [...]