City’s Brexit blueprint to be used as “starting point” for trade deal, as Brussels gives “very little pushback” say Mark Hoban and Rachel Kent October 18, 2017 The City’s blueprint report for regulation after Brexit is likely to become a foundational document when trade discussions are finally reached, one of the authors has today revealed. Hogan Lovells partner Rachel Kent, who published the International Regulator Strategy Group (IRSG) report alongside former City minister Mark Hoban last month, told a Lords committee this [...]
Easyjet, Ryanair and IAG share price jumps in the wake of Monarch’s failure October 2, 2017 Shares in some of Monarch’s airline rivals jumped this morning after the news that Britain’s fifth biggest carrier had ceased trading. Easyjet, which was reported to be one of a number of parties in talks with Monarch to save the airline, led the way and was this morning’s biggest FTSE 100 gainer. Shares were up [...]
Monarch Airlines collapses prompting “biggest ever peacetime repatriation” of 110,000 stranded passengers October 2, 2017 Monarch has ceased operations with immediate effect having collapsed into administration this morning. Around 110,000 passengers have been left stranded overseas. Authorities are promising to ensure they are flown back home in what transport secretary Chris Grayling called “the country’s biggest ever peacetime repatriation”. All flights have been cancelled and authorities are urging passengers with [...]
EasyJet teams up with US start-up Wright Electric to get electric plane plans underway September 27, 2017 EasyJet is looking to charge up its electric credentials in a tie-up with US company Wright Electric to develop passenger aircraft powered by electric batteries. The low-cost carrier wants the planes to fly passengers on its short-haul routes. The airline’s interest in the US start-up, which was founded last year, emerged in March, with Wright [...]
EasyJet’s electric plane plans are taking off with start-up Wright Electric: Here’s how the aircraft will look September 27, 2017 EasyJet is looking to charge up its electric credentials in a tie-up with US company Wright Electric to develop passenger aircraft powered by electric batteries. The low-cost carrier wants the planes to fly passengers on its short-haul routes. The airline's interest in the US start-up, which was founded last year, emerged in March, with Wright [...]
EasyJet submits offer to acquire part of insolvent Air Berlin September 15, 2017 Budget airline EasyJet has this afternoon announced a proposal to take over parts of Air Berlin’s short haul business. EasyJet submitted the suggestions to the firm overseeing Air Berlin’s insolvency, saying they were “consistent with EasyJet’s focused, city-based strategy in Germany”. Read more: Air Berlin plans to agree asset sale deals with at least two [...]
Edinburgh’s entrepreneurial ecosystem encouraging start-up activity July 26, 2017 The secret of a great recipe lies in having the best local ingredients to work with. The same lesson applies when building an entrepreneurial ecosystem – to be truly successful, cities must evolve their own unique recipe based on the best local ingredients. A talented workforce, public sector and academic support, a culture of innovation, [...]
Ko Samui has long had a reputation for being a backpackers’ paradise – but it’s got a rather unexpected stylish and grown up side June 30, 2017 The taxi taking me on the ten-minute journey from Ko Samui’s tiny, open-air airport terminal to my hotel on Chaweng beach, one of the island’s most popular resorts, slows to a crawl when it hits Chaweng Road. The main artery into this area, the route comes to life after sunset when a host of raucous [...]
Sadiq Khan is going on a European tour next month February 8, 2017 London mayor Sadiq Khan is to embark on a European tour to promote the capital as the government approaches the formal launch of Brexit talks. Khan will visit five major capitals over six days to push the “London is Open” campaign, and boost ties with European politicians and business leaders. As well as visiting Paris, Berlin, Madrid [...]
British Airways ramps up its Greek island routes from London City Airport February 2, 2017 It's only just announced a flurry of new Manchester and Stansted routes. But British Airways hasn't stopped there: it's now ramping up attention on London City Airport, saying it'll be offering nearly two million seats from the Royal Docks-based airport. It has launched a new three times a week service to Greek island Skiathos, making it [...]