Fresh 737 Max delays hurt Ryanair’s passenger growth target February 3, 2020 Ryanair today warned Boeing 737 Max delivery delays will hurt growth plans as it swung back into profit in its third quarter. Ryanair was expecting its first delivery of the airplane to arrive in spring 2019. But it admitted that will now not happen until September or October 2020. The fresh Boeing 737 Max delivery [...]
Boris Johnson’s Brexit Day speech in full January 31, 2020 Boris Johnson addressed the nation with a Brexit Day speech at 10pm on 31 January, an hour before the UK officially left the EU for good. Here is a full transcript of what he said. Prime Minister Boris Johnson’s Brexit Day speech: Tonight we are leaving the European Union For many people this is an [...]
Tube delays: Commuters face Victoria Line chaos after Finsbury Park fire alert January 31, 2020 A fire alert at Finsbury Park has led to rush hour havoc on the Tube today as the Victoria Line was partly suspended, while a signal failure disrupted Piccadilly Line passengers. Commuters face a miserable journey to work with no Victoria Line service between King’s Cross SAt Pancras and Walthamstow Central as Transport for London [...]
FCA opens probe into M&C Saatchi’s £12m accounting blunder January 31, 2020 The City watchdog has launched a probe into M&C Saatchi’s accounts after the advertising giant admitted an £11.6m accounting error in December. The Financial Conduct Authority (FCA) has opened its own investigation into the issue, which saw M&C Saatchi shares implode. M&C Saatchi also issued a profit warning at the same time, admitting earnings could [...]
Talktalk hails ‘structural advantage’ after £200m Cityfibre deal January 31, 2020 Talktalk hailed the popularity of higher speed broadband with its consumer and business customers today as it revealed it outperformed the market on fibre and ethernet growth in its third quarter. It also claimed it has a “structural advantage” after agreeing to sell its fibre networks business to Cityfibre last month. Headline revenue slipped 0.7 [...]
Jaguar Land Rover boss Ralf Speth to step down in September January 30, 2020 Jaguar Land Rover chief executive Ralf Speth is set to quit the top job at the company this September, the British car manufacturer today confirmed. The 65-year-old will vacate his CEO role but remain on the board of Tata, which owns the historic UK brand. “I feel very honoured to have worked with so many [...]
Government’s Huawei 5G cap will cost BT £500m January 30, 2020 BT today warned the government’s decision to cap Huawei’s involvement in the UK’s 5G network will cost the telecoms giant £500m over the next five years. BT welcomed the “clarity” provided by Prime Minister Boris Johnson’s decision to enforce a 35 per cent cap on Huawei’s 5G involvement. But CEO Philip Jansen today warned of [...]
Coronavirus: British Airways halts flights to mainland China January 29, 2020 British Airways has stopped flights to Beijing and Shanghai for the next two days in an attempt to stem the spread of the coronavirus outbreak. The airline’s decision follows the Foreign Office yesterday urging British citizens not to travel to mainland China unless it was essential to. Read more: UK citizens back from Wuhan face [...]
UK house prices rise 1.9 per cent as buyers hail 2020 ‘Boris bounce’ January 29, 2020 UK house prices grew at their fastest rate in over a year at the start of 2020, according to Nationwide, as experts hailed Boris Johnson’s election victory. The housing market posted a 1.9 per cent annual rise in January, beating December’s 1.4 per cent climb. That followed 12 months of consecutive growth below the one [...]
Coronavirus death toll hits 106 as it spreads to Beijing January 28, 2020 Deaths from the coronavirus have now hit triple figures as China revealed the first death of a victim in Beijing today. The ongoing outbreak has now claimed 106 lives while China’s National Health Commission has counted more than 4,515 confirmed cases. Yesterday the number stood at 81 deaths and 2,600 cases. Most victims are people [...]
