UK firms pin hopes on US trade growth despite tariffs UK exporters to the US believe their sales will grow more than firms selling goods and services to other markets, a new survey has found, boosting hopes that trade will rebound after the initial shock of tariffs. Research by YouGov has suggested that 45 per cent of companies selling products to the US are hopeful [...]
Manchester Airports Group takes off amid expansion drive Transport and infrastructure The UK’s largest airport group has reported a record year of passenger traffic and rising profit as it presses ahead with a major programme of expansion. Manchester Airports Group, the conglomerate which owns Manchester, London Stansted and East Midlands airports, reported a 12.5 per cent increase in adjusted earnings before interest, taxation, depreciation and amortization [...]
Heathrow reports dip in transatlantic travel as Trump turbulence hits demand Transport and infrastructure Heathrow Airport has reported a dip in transatlantic travel as Donald Trump’s erratic policymaking hits demand to the US. Some 1.9m passengers flew to North America in May, down 2.1 per cent year-on-year despite the airport reporting a record month overall. It comes after the European Travel Commission warned last month that Trump’s tariff war [...]
Manchester unveils £15bn plan to become go-to tourist destination outside London January 29, 2025 Greater Manchester has unveiled plans to grow its visitor economy to be worth £15bn by the end of the decade in a bid to be the go-to tourism destination in the UK outside of London. The new strategy, which covers a five-year period through to 2030, aims to increase the region’s visitor economy from around [...]
Profit takes off at Manchester Airport and London Stansted owner December 10, 2024 Profit at the group behind Manchester, London Stansted and East Midlands airports took off in the first six months of its financial year thanks to a record-breaking summer, it has been announced. Manchester Airports Group (MAG) has reported a pre-tax profit of £139.6m for the six months to 30 September, 2024, up from £115.9m, thanks [...]
Heathrow: Passenger numbers soar as boss hails ‘busiest summer’ September 11, 2024 Heathrow Airport has reported a fourth consecutive month of record-breaking passenger traffic in what has proved one of the UK’s busiest ever summers for travel demand. Some 8m travellers passed through in August, up 5.5 per cent year-on-year and bringing the West London hub’s rolling 12 month total to 82.6m. Heathrow said it was “on [...]
Passenger numbers take off at owner of Manchester, London Stansted and East Midlands airports July 11, 2024 The group which owns Manchester, London Stansted and East Midlands airports has seen passenger surge over the last year amid booming demand for travel.
Manchester and Stansted airports beat pre-pandemic passenger levels for the first time July 2, 2024 Manchester Airports Group, which owns and operates Manchester, London Stansted and East Midlands airports has had a record-breaking year as more than 60 million passengers travel through its gates.
Stansted owner mulls swoop for £1.3bn airports group June 30, 2024 Manchester Airports Group (MAG), the owner of Manchester and London Stansted airport, is set for a scrap with Spain's Aena for three hubs.
Give us our wings, Britain’s largest airport group tells next government May 22, 2024 The next UK government must place aviation at the "heart of their economic plan" to jump-start British business, MAG chief Ken O'Toole has said.