Raab welcomes aviation watchdog probe into Belarus plane grounding May 27, 2021 Dominic Raab this evening said that the UK welcomes a probe into the forced landing of a Ryanair flight by Belarus on Sunday. Earlier today Ireland’s transport minister said that air travel watchdog International Civil Aviation Organization (ICAO) would investigate the incident, which has been met with international outcry. Belarus scrambled a fighter and used a [...]
Ryanair’s O’Leary hammers Irish government over ‘untold damage’ to aviation May 27, 2021 Ryanair boss Michael O’Leary has accused the Irish government of bringing “untold damage” on the aviation and tourism sector. The budget airline’s chief executive also criticised transport minister Eamon Ryan for having no “plan, policy or commitment” on aviation, and said the government should announce an “immediate rescue plan” for the sectors. The carrier recently [...]
Post-Brexit listing: Czech payment giant Eurowag planning £1.4bn IPO in London May 27, 2021 Private equity firm TA Associates is planning to list Czech Republic-based W.A.G. Payment Solutions, better known as Eurowag, on the London Stock Exchange, two sources told Reuters this evening. If the listing goes ahead, it would be seen by many as a reaffirmation of London’s attractiveness to European companies in the aftermath of Brexit. The [...]
Tui sells minority take in Riu Hotels for €540m May 27, 2021 Holiday giant Tui said this evening that it had agreed to sell its 49 per cent stake in Spain’s Riu Hotels SA to co-owner Riu-Group for €540m (£463.8m). The deal gives the joint venture, which comprises of 21 properties, an enterprise value of €1.5bn. The Anglo-German firm said that its separate 50/50 hotel management joint [...]
Sunak claim that Cameron and Greensill got no special treatment branded as ‘not credible’ May 27, 2021 Rishi Sunak has said Greensill Capital and David Cameron were not given preferential treatment by government – a claim blasted as “not credible” by the chair of a prominent Westminster committee. Sunak told MPs on the Treasury Select Committee that Greensill Capital’s failed bid for a large government loan “did not occupy a huge amount [...]
End the political games, TfL and DfT urged, as new funding deadline looms May 27, 2021 London’s politicians and business leaders called on the government and Transport for London (TfL) to end the “political games” and agree a long-term funding deal for the network as the latest round of negotiations reached their final hours. Tomorrow the latest extension to the last funding deal runs out, leaving the operator once again without [...]
Matt Hancock claims UK vaccine rollout has saved 13,200 lives May 27, 2021 The UK’s vaccine rollout has saved an estimated 13,200 lives and stopped 39,000 hospitalisations, according to Matt Hancock. Hancock said at today’s press conference that three-in-four adults have Covid antibodies, including 90 per cent of over 50s, which gives people a level of immunity against the virus. The figures come as Hancock was yesterday branded [...]
Rolls-Royce newest convertible is picnic ready May 27, 2021 Rolls-Royce have released details of a new convertible which contains cocktail tables, fridges for champagne and a matching parasol – all custom made for a single, ultra-wealthy, individual. Named the ‘Boat Tail’, the rear of the car is shaped like a racing yacht. It was hand-built and took four years to make. Rolls-Royce have not [...]
TfL pledges to make London world’s ‘most walkable city’, which could aid SMEs May 27, 2021 TfL has pledged today to make London the world’s ‘most walkable city’ and will programme 18 pedestrian crossings to show green walking signal until traffic approaches. The programmed crossings are set to prioritise people walking and will be installed by the end of next month. Six crossings have already been programmed in Tower Hamlets, Newham, Hounslow, [...]
Crowds flood London’s Chinatown for no-questions-asked Covid vaccines May 27, 2021 People flooded the streets of Chinatown this afternoon after an online message board for Chinese speakers advertised free Covid-19 jabs, where people did not need to present any documents. The jabs were not bookable by appointment, instead, people were urged to turn up – without anticipating the scale of the crowds. Those seeking a vaccination [...]
