‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Heathrow: Sir Richard Branson eyes terminal as Virgin Atlantic and British Airways push for more control May 5, 2025 Sir Richard Branson could end up taking over one of Heathrow Airport’s terminals if the airport succumbs to pressure from airlines to reform its regulatory model. The billionaire’s airline Virgin Atlantic is plotting to seize greater control of the UK’s busiest hub alongside its long-running rival, British Airways’ parent company IAG. The two carriers are [...]
Heathrow warned about power supply days before outage closure, MPs told April 2, 2025 Heathrow Airport was warned about its power supply in the days before it closed because of an outage, MPs were told. Nigel Wicking, chief executive of Heathrow Airline Operators Committee, which represents airlines that use the west London airport, said there were a “couple of incidents” which made him concerned. The airport was closed to [...]
Heathrow fire ‘not believed suspicious’ but under Met counter-terror probe March 24, 2025 The cause of the fire which shut down Heathrow Airport is “not believed to be suspicious” but is under investigation by the Met Police counter-terrorism squad, a minister has said. Transport secretary Heidi Alexander updated MPs on the “unprecedented” power outage which shut Britain’s busiest airport over the weekend in the House of Commons on [...]
Grid operator to ‘urgently investigate’ Heathrow power outage after fire March 22, 2025 Energy secretary Ed Miliband has ordered the National Energy System Operator to “urgently investigate” the power outage caused by a substation fire that shut Heathrow Airport on Friday. He is working with Ofgem and using powers under the Energy Act to formally launch the grid operator’s investigation. “We are determined to properly understand what happened [...]
Heathrow ‘open and fully operational’ after disruption caused by power outage March 22, 2025 Heathrow Airport said it is “open and fully operational” on Saturday after the airport was shut over a loss of power caused by a substation fire. Flights resumed at the west London airport on Friday evening and restrictions on overnight flights were temporarily lifted following hours of closure, after a blaze knocked out an electricity [...]
Heathrow Airport to restart some flights following fire March 21, 2025 Heathrow Airport has announced it is able to “begin some flights later today” following a day of heavy disruption. The West London airport has been shut for the whole of Friday following a nearby electrical fire at a substation. According to the National Grid, an “interim solution” has been put in place to resupply Heathrow. [...]
PM’s spokesperson cannot confirm Heathrow will reopen by Saturday March 21, 2025 In a multi-agency call convened by the government on the ongoing Heathrow closure, Downing Street could not say with confidence that the airport will reopen at midnight – though power has reportedly been restored to Terminal 4. The West London airport has been shut for the whole of Friday following a nearby electrical fire at [...]
Heathrow taps transatlantic demand in busy February March 11, 2025 Heathrow Airport said it had benefitted from a surge in transatlantic traffic as it served more than 5.7m passengers in February. The Hounslow hub said flights to and from the USA and Canada increased seven per cent year-on-year when adjusting for leap years. Its February total was also a record for the airport by that [...]
Heathrow: Business travel groups join calls for change March 10, 2025 Representatives of the business travel and global tourism industry have joined calls for Heathrow Airport to alter its regulatory model ahead of any expansion. The Business Travel Association (BTA), The Advantage Travel Partnership and World Travel and Tourism Council (WTTC) on Monday announced their support for change at the UK’s busiest hub, adding to a [...]
Gatwick expansion raises questions over Heathrow third runway, Khan says February 27, 2025 Sir Sadiq Khan has said the government’s pathway towards approving plans for use of a second runway at Gatwick “begs the question” over the need for a third runway at Heathrow. The mayor of London made the comments following the launch of his London Growth Plan at Imperial College this morning which sets out how [...]