British Airways tells passengers to stay away from airport on day of strikes September 8, 2019 UK flag carrier British Airways has told passengers not to head to the airport today if their flights were caught up in one of the biggest pilot strikes in its history. Members of the Balpa pilots union working for BA will walk out tomorrow and Tuesday, with planned strike action – grounding 1700 flights – [...]
Smooth landing for Wizz Air as profits soar July 25, 2019 Budget airline Wizz Air carried more passengers and squeezed more money from them, its first quarter results show. Profit for the three months to 30 June was €72.4m (£66.22m), boosted by passenger growth of 20.1 per cent to just over 10m people flying with the airline. Ancillary revenue, that’s all the extras that you pay [...]
Nissan to cut 12,000 jobs as its profits go in reverse July 25, 2019 Workers in Nissan’s Sunderland vehicle factory are braced to find out if they are part of the more than 12,000 workers to be laid off globally by the embattled carmaker. Nissan has said it will slash around 12,500 jobs globally as it looks to rein in costs and reduce its output. Read More: Nissan forecasts [...]
Prime Minister Boris Johnson moves to mend relationship with UK business July 24, 2019 Boris Johnson has moved to rebuild his relationship with the business community by hiring Sky executive Andrew Griffiths as part of his Number 10 team. A source close to Griffiths said Johnson’s appointment of the Sky veteran – who most recently served as the broadcasting giant’s chief operating officer – was “a clear sign of [...]
UK households remain cautious on economic outlook, discretionary income and debt levels July 22, 2019 UK households remain concerned about their economic outlook, disposable incomes and debt levels, survey data out today shows. Deloitte’s consumer confidence index for the UK in the second three months to 30 June remained at a minus eight per cent – unchanged from the first quarter – but down four percentage points from the same [...]
Trump criticised for tweets on ethnic minority congresswomen July 14, 2019 Democrats rounded on US President Donald Trump last night after he tweeted a veiled attack on ethnic-minority members of Congress. Trump targeted “progressive Democratic congresswomen” in a tweet telling them to “go back and help fix the totally broken and crime infested places from which they came”. Trump didn’t call the politicians by name, but [...]
Bunzl shares dip on slowed growth in the second quarter June 26, 2019 Shares in workplace supplies company Bunzl dipped 1.3 per cent today after it said revenue growth in the second quarter had eased from 1.5 per cent to one per cent, due to a slight slowdown in its biggest market, the US. However Bunzl also said it expects group revenue for the half year to rise [...]
Carnival shares sink after Trump’s Cuba cruise ban hits bookings June 20, 2019 London-listed shares in Carnival Cruises sunk 12 per cent yesterday after the travel company cut its profit forecast due to the Trump administration’s sudden ban on cruises to Cuba. The cruise giant also blamed higher expenses and an expectation of lower ticket prices in the coming months for the downgrade. The second quarter heralded better [...]
British Airways owner signs up for 200 Boeing jets, including the 737-Max model that is currently grounded worldwide June 18, 2019 Plane maker Boeing has landed a huge order from British Airways parent International Airlines Group (IAG) for 200 planes, as it looks to bring the fight to arch-rival Airbus at the Paris Airshow. IAG signed a letter of intent with Boeing for 200 737 aircraft to join its fleet. The mix of 737-8 and 737-10 [...]
Barack and Michelle Obama sign podcast deal with Spotify June 6, 2019 Former US President Barack Obama and his wife Michelle have signed on to a multi-year partnership with streaming giant Spotify to produce exclusive podcasts. Obama said he believes podcasts “offer an extraordinary opportunity to foster productive dialogue, make people smile and make people think, and, hopefully, bring us all a little closer together.” The news [...]