Wizz Air carries 4.9 million people as it pursues post-pandemic turnaround September 1, 2022 Wizz Air’s passenger levels continue to increase as the low-cost carrier pursues a post-pandemic turnaround. The airlines carried 4.9 million travellers in August, up from July’s 4.7 million and June’s 4.3 million. Load factor – the measure of how well an airline fills its seats – grew by 0.8 per cent on last month’s levels [...]
EY’s talks on potential split to continue into Autumn September 1, 2022 EY’s talks on whether to separate its audit segment from its consulting arm are set to continue into this Autumn – despite initial suggestions the Big Four firm could reach a decision by the end of summer. The accounting firm’s internal negotiations over plans to split out its advisory business, in an effort to free [...]
Liz Truss or Rishi Sunak to face Whitehall strike on first day as prime minister September 1, 2022 The next prime minister will be forced to face strike action in Whitehall on their first day in office, the public sector workers’ union has warned. Either Liz Truss or Rishi Sunak will face industrial action on the part of Whitehall workers, after members of the Public and Commercial Services (PCS) union voted strike. The [...]
Google heads to court over billion pound competition row for Play Store September 1, 2022 Google will have to defend itself at trial over a £1bn consumer claim about Play Store, a competition judge has decided. A Competition Appeal Tribunal ruling this week found that consumer champion Liz Coll is authorised to bring an opt-out collective claim against the tech giant for alleged competition infringements. The Tribunal said that the size of the class allegedly harmed was [...]
Manufacturers urge government to table support package in face of ‘stormy waters’ September 1, 2022 The government has been urged to table a support package for the British manufacturers. Industry body Make UK has warned that rising gas and oil prices and overall inflation will “shatter” expectations of a sustaining a pandemic recovery. “We are clearly heading for very stormy waters in the face of eyewatering increases in energy costs [...]
New rail strikes confirmed for Greater London and most of England on 15 and 17 September September 1, 2022 More than 40,000 railway workers at Network Rail and 14 other operators will strike on 15 and 17 September over jobs, salaries and working conditions. The action is expected to effectively shut down both London and the UK’s network as on 15 September the walkout will coincide with the train drivers’ strike. Operational and support [...]
Stansted Airport appoints TfL boss Gareth Powell to top job September 1, 2022 Stansted Airport has appointed TfL executive Gareth Powell to managing director. Powell has spent 19 years at TfL, holding a number of roles including deputy commissioner and chief customer and strategy officer. Powell will replace Steve Griffiths, who will move on to managing East Midlands Airport. East Midlands, alongside Stansted and Manchester airports, is managed [...]
Now is the season of crypto discontent September 1, 2022 There are plenty of legs for a positive case for crypto to stand on, yet the narrative remains that crypto is unsound, says Charlie Kerrigan.
Ovo Energy proposes ‘progressive’ support package to ease record bills September 1, 2022 The boss of Ovo Energy has called for a "progressive" support package to ease household energy bills, similar in design to the country's income tax system.
Zaporizhzhya: Concern as Europe’s largest nuclear plant shelled by Russia before inspectors arrive September 1, 2022 Major concerns have been raised over Russian attacks on Europe’s biggest nuclear reactor in south-eastern Ukraine. The Kremlin’s forces conducted military operations near the route for officials visiting the Zaporizhzhya Nuclear Power Plant, from the International Atomic Energy Agency (IAEA) today. The Defence Intelligence of Ukraine said Moscow targeted the city of Enerhodar and territory [...]
