FTSE 100 tumbles as inflation concerns mount February 22, 2021 London’s FTSE 100 tumbled 0.68 per cent today by midday, as higher commodity prices sparked fears of a spike in inflation. The fall was led by declines in consumer staples and industrials stocks, as investors awaited Boris Johnson’s plan for a phased easing of business restrictions. The prime minister will plot a path out of [...]
Budget airlines primed for land grab as flag carriers face change of flight path February 17, 2021 After nearly a year of intense disruption, one could be forgiven for expecting even Ryanair’s perennially bullish boss Michael O’Leary to be a little downcast about the state of his industry. But despite the near daily cries of anguish issuing from the airlines sector, the Irishman’s eyes are fixed firmly on the future. Speaking after [...]
Before the Bell: Rising recovery optimism keeps markets buoyant February 16, 2021 With US markets closed for President’s Day yesterday, they will have some significant catching up to do after yesterday’s stellar European session, when they return from their long weekend later today. Having seen the Nikkei225 push above 30,000 for the first time since 1990, a move that continued in Asia this morning, European markets [...]
FTSE 100 follows global markets higher, as 15m Brits get first jab February 15, 2021 FTSE 100 follows global markets higher, as 15m Brits get first jab
FTSE 100 gains despite record slump in UK GDP February 12, 2021 The FTSE 100 pared back its losses this afternoon despite data showing the UK economy shrank by a record 9.9 per cent last year. The figures reflect the damaging economic nature of national lockdowns imposed to curb the spread of coronavirus. Mining and financial stocks led the declines, as the FTSE 250 also dipped by [...]
Hotel quarantine: What do the new rules mean for arrivals travelling to London? February 11, 2021 Hotel quarantine: What do the new rules mean for arrivals travelling to the UK border?
European aviation lays out flight path to net zero by 2050 February 11, 2021 A new report from a group of aviation bodies has laid out a programme for eliminating all European airlines emissions by 2050. According to the research, which was conducted by bodies including airports group ACI Europe, emissions from flights within and departing from the European Economic Area, Britain and Switzerland can be cut to et [...]
Etihad Airways will only fly with fully vaccinated crew February 10, 2021 Abu Dhabi airline Etihad Airways will only operate flights with vaccinated pilots and cabin crew, the company said on Wednesday. The airline has made a coronavirus vaccine developed by Chinese pharmaceutical group Sinopharm available to all employees, as well as the Pfizer-BioNTech jab. It is not yet clear how many cabin crew and pilots have [...]
Airline shares tumble as hotel quarantine spells travel chaos until Easter February 9, 2021 Shares in the UK’s largest airlines tumbled more than three per cent this afternoon as the health secretary’s announcement of new hotel quarantine measures spelt prolonged chaos for the travel industry. Easyjet shares fell more than 4.5 per cent to 788p, while Tui shed 4 per cent and British Airways owner IAG dropped 3.3 per [...]
UK could see ‘significant return to normality’ and economic rebound by summer February 4, 2021 The UK could see a “significant return to normality” by the summer, one of the government’s top scientific advisers has said, as the nation’s largest ever vaccination programme continues to beat targets. Andrew Hayward, director of UCL’s Institute for Epidemiology and member of the government’s Scientific Advisory Group for Emergencies (Sage), said this morning that [...]