Heathrow: Half-term hell for families as British Airways cancellations hit 175 May 26, 2023 Half-term holiday plans for thousands of families have been thrown into disarray after British Airways’ flight cancellations due to an IT failure reached 175. Most of the affected flights were on short-haul routes to and from Heathrow Airport. British Airways said the “technical issue” was resolved on Thursday night, but disruption continued into Friday because [...]
Half-term havoc as British Airways cancel 175 flights following IT glitch May 26, 2023 Half-term holiday plans for thousands of families have been thrown into disarray after British Airways’ flight cancellations due to an IT failure reached 175. Most of the affected flights were on short-haul routes to and from Heathrow Airport. British Airways said the “technical issue” was resolved on Thursday night, but disruption continued into Friday because of aircraft [...]
Cazoo debtholders bring in bankers to advise on key talks May 26, 2023 Lenders to Cazoo, the online car retailer, have enlisted bankers to lead talks with the group about a £510m debt restructuring. According to reports today from Sky News’ Mark Kleinmann, funds with more than £500m held in the London-based firm, have enlisted PJT Partners to advise them on negotiations with the company. Cazoo has faced [...]
New Look in talks with lenders to refinance £100m debt May 26, 2023 New Look is reportedly in talks with its lenders to refinance £100m of debt amid a challenging time for the British fashion chain. New Look is understood to be working with advisers at Deloitte on exploring options for a term loan which ends its June 2024, according to reports in Sky News. Sources told the [...]
EP: 202 Haydock, Goodwood, York & Hong Kong May 26, 2023 It’s a busy day of racing on Saturday with meetings at Haydock, York and Goodwood in the UK plus there’s the Irish 2,000 Guineas at the Curragh on the same afternoon. City AM Racing editor Bill Esdaile previews the best of the weekend’s racing action with Wally Pyrah looking at Sunday’s card in Hong Kong. [...]
The Punter Summary Podcast 27 May May 26, 2023 Here’s your chance to hear all of City AM racing editor Bill Esdaile’s best weekend tips in a short summary episode of ‘The Punter Podcast’ alongside Chris Barnett. The full weekend preview is also available on the City AM website. The Punter ‘The Punter’ has been City AM’s dedicated sports betting section for over a [...]
China’s EV makers are our biggest rival, says Ford boss May 26, 2023 Ford’s CEO Jim Farley has warned that Chinese manufacturers are the companies’ biggest rival in the EV space, not competitors like Toyota or General Motors (GM). ”I think we see the Chinese as the main competitor, not GM or Toyota,” Farley told the Morgan Stanley Sustainable Finance Summit, in comments first reported by Reuters this [...]
The BBC metaverse will be a supercharged reality+ experience May 26, 2023 Monty Munford looks at the BBC's latest effort to get down with the times, and he thinks the corporation's metaverse could be a game-changer.
Tingo Mobile awarded A1 credit rating by DataPro May 26, 2023 Tingo Group Inc has been awarded a Short-Term Credit Rating of A1, an Investment Grade Long-Term Credit Rating of A, and a Positive Rating Outlook for 2023/2024.
Inflation here, inflation there – when will governments see Bitcoin fixes this? May 26, 2023 Jason Deane rounds up the narratives and looks at the questions facing the economic world as one answer endures... 'Bitcoin fixes this'.
