Gatwick’s £2.2bn second runway would boost important long-haul flying, says airport chief July 10, 2023 Gatwick’s £2.2bn expansion plans represent an “opportunity for us to encourage more long-haul flying,” its chief executive has said, as the West Sussex airport looks to muscle in on Heathrow’s dominance in the long-haul market. “Certainly this will be an opportunity for us to encourage more long haul flying to and from Gatwick and to [...]
New crypto regulations from October should be welcomed July 10, 2023 When new cryptocurrency regulations are brought in by the FCA in October, Temple thinks it will be a step forward in the crypto universe.
Oil sorted? OPEC gambles on demand revival to boost flagging prices July 10, 2023 OPEC and its allies are banking on demand to rebound and prop up oil prices. If they're wrong, it's time to reassess their influence.
Gatwick submits £2.2bn expansion plan as CEO hails airport competition July 6, 2023 Gatwick Airport has submitted an application for a £2.2bn second runway that could see passenger traffic double to 75 million. The west Sussex hub announced this afternoon that it had presented proposals to the government’s planning inspectorate, which aim to bring its emergency runway into routine use. Speaking to City A.M. ahead of the news, [...]
A Strange Loop writer Michael R. Jackson on creating the buzziest musical since Hamilton July 6, 2023 A surprise hit in the US, A Strange Loop has now landed a huge London run. Adam Bloodworth speaks to the man who dreamed it up while working as an usher on Broadway Michael R. Jackson’s A Strange Loop won the Pulitzer Prize for Drama, becoming the second ever musical to win the accolade. The [...]
“The future might belong to India”: In conversation with Ebookers founder Dinesh Dhamija on the UK’s future ties with India July 5, 2023 Chris Jackson speaks to Dinesh Dhamija about the UK's sometimes complicated relationship with India - and where a trade deal might emerge from
London gets new West End flexible work space as Elizabeth Line brings in hybrid commuters July 4, 2023 A new 45,000 sq ft site flexible work space will open in the heart of the West End in a signal that London’s hybrid work trend is showing no signs of cooling. Runway East, (RWE) already has five spaces across London, including sites in Borough Market and Shoreditch – and will open a new one [...]
HSBC, Barclays, Lloyds and NatWest under fire for ‘measly’ savings rates… again July 3, 2023 Banks are in the firing line for low savings rates once again after the big four lenders received another letter from the influential Treasury Committee. Writing to the UK heads of the big four banks, Harriet Baldwin – chair of the Treasury Committee – said the Committee was “concerned that banks’ savings rates remain too [...]
London Heathrow confirms Copenhagen hub boss as CEO as it looks towards expansion June 30, 2023 London Heathrow airport has confirmed the boss of Copenhagen’s international hub as its new chief executive. Thomas Woldbye was appointed by its board as the successor to John Holland-Kaye, following a decade at the helm. The new CEO served as chief of Copenhagen Airport since 2011, and previously was previously at Møller-Mærsk, leading the global [...]
Brands in London “suffering”: Fresh calls to scrap ‘tourist tax’ amid Mulberry losses June 28, 2023 Fresh calls have been made to reinstate VAT-free shopping for international tourists, after the chief of Mulberry warned its profits have been hit hard by it as they ditch London for Paris and Milan. Pre-tax profit at the British handbag maker fell to £13.2m in the year to April, down from £21.3m the prior year. [...]