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      Scotland’s tax hike may have backfired as receipt falls

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Travel

  • This will change how you think of Morocco

    October 22, 2024

    THE LOCATION When the Portuguese landed on the stony face of the Atlantic coast in the early 16th century, they stopped at El Jadida, a Moroccan port just an hour south of Casablanca. To protect trade routes between Europe and Asia during their two-and-a-half-century occupation, they built a stronghold known as Mazagan. The centrepiece of [...]

  • Currensea: Travel card fintech targets overseas growth after bumper summer

    October 22, 2024

    Travel debit card start-up Currensea is targeting overseas markets for its next phase of growth after a rebound in holiday demand helped the fintech grow its user base by a third this summer.

  • This is why business travel will never be the same again – IWG boss

    October 15, 2024

    Current signs indicate business travel is unlikely recover to pre-pandemic levels, the boss of IWG, one of the world’s largest office providers, has said. “Technology will never replace the value of in-person interactions where they are strategically important,” chief executive Mark Dixon told City AM. However, he warned “all signs suggest it is unlikely to return to [...]

  • Skyscanner: Profit jumps to almost £100m at travel search engine

    October 14, 2024

    Profit at travel search engine Skyscanner has rocketed to almost £100m thanks to the final Covid-19 restrictions coming to an end. The Edinburgh-headquartered business has reported a pre-tax profit of £95.2m for 2023, up from the £31.5m it achieved in 2022. Newly-filed accounts with Companies House also show its revenue rose from £283.8m to £349.4m [...]

  • Birmingham Airport to finally shake off demise of Thomas Cook and Flybe

    October 10, 2024

    Birmingham Airport has said it is finally set to shake off the demise of Thomas Cook and Flybe as well as the impact of the Covid-19 pandemic. The transport hub increased its passenger numbers to 98 per cent of pre-pandemic levels in 2023, up from 86 per cent in 2022, and is now forecasting it [...]

  • London City Airport back in the black after losing almost £100m

    October 7, 2024

    London City Airport returned to the black for the first time since the Covid-19 pandemic as passenger numbers continued to recover. The hub has reported a pre-tax profit of £6.6m for 2023, according to newly-filed accounts with Companies House, having made a loss of £1.1m in the prior 12 months. London City Airport had last [...]

  • How I positioned my start-up at the forefront of London’s business travel scene

    October 7, 2024

    Entrepreneur Bobby Drewett of business travel app Ouno on his plans to shake up the industry

  • The best way to do the Alps, with champagne on tap, amazing food and perfect ski runs

    October 6, 2024

    Combining service worthy of The White Lotus with facilities straight out of Succession, Chalet Inoko in Val d’Isere high in the Alps is among the most spectacularly opulent ski destinations in the world, says Adam Bloodworth “Just say yes,” Armond, the long-suffering hotel manager in the inaugural season of The White Lotus, demands of his [...]

  • Booking.com: Wages and bonuses surge as UK sales jump

    October 4, 2024

    Wages and bonuses surged at the UK arm of Booking.com as its turnover jumped by £50m during its latest financial year. The division’s wage bill jumped from £20.7m to £32.2m in 2023 because of a surge in salaries and bonuses handed out to top staff. The increase comes as its headcount grew to almost 300 [...]

  • Socialists won’t stop my bumper bonus, says Wizz Air boss

    October 3, 2024

    Varadi is blunt at times and tough to decipher, but his backstory is undeniably impressive. The 59-year-old speaks to City AM in Rome.

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