Virgin Atlantic and British Airways-owner slam Heathrow price cap hike January 31, 2023 Virgin Airlines and British Airways’ owner IAG have slammed the Civil Aviation Authority’s (CAA) decision today to hike Heathrow’s price cap. The regulator announced the hike this morning, raising the cap for 2023 to £31.57 per passenger, up from £30.19. The aviation watchdog said the decision will “protect consumers and give certainty to the airport [...]
Paperchase: Struggling stationery chain expected to appoint administrators today – reports January 31, 2023 Paperchase, the high street stationery retailer, is believed to be on the verge of appointing administrators. The chain store’s parent company is reportedly in the process of bringing in insolvency practitioners from Begbies Traynor, according to Sky News. Paperchase’s shareholders are still holding out for a buyer but rumours are they are looking for a [...]
Sam Torrance: Rory McIlroy was just too good for Patrick Reed at Dubai Desert Classic January 30, 2023 Rory McIlroy had it all thrown at him during the Dubai Desert Classic – a host of LIV Golf players, led by Patrick Reed, hunting him down and even that rarity in the Gulf, a rain delay. But the world No1 took it all in his stride. He handled the extra day’s play and in [...]
Hambro SPAC ditches merger talks with biotech firm January 30, 2023 Hambro Perks Acquisition Company (HPAC), a pioneering special purpose acquisition company (SPAC), has abandoned plans for a merger with biotech firm Istesso. HPAC, which became the first SPAC to float in London in November 2021 after regulators overhauled UK rules, had been in talks with Istesso over a planned merger. Istesso is part-owned by London-listed [...]
Good Energy joins industry calls for a social tariff to protect vulnerable customers January 30, 2023 Momentum is growing in the energy sector for a social tariff, with Good Energy the latest supplier to call for more targeted support.
UK investors facing dividend drop-off as inflation squeezes profits January 30, 2023 Investors in UK firms are facing a drop-off in dividends this year as rising costs cause firms to rein in their payouts following a bumper 2022, according to new data.
Three things we learnt from Easyjet and Wizz Air’s results January 29, 2023 The European aviation industry took centre stage last week, with low-cost carriers Easyjet and Wizz Air posting their financial results for the final three months of last year. Both were encouraging, with each firm reporting revenue rises driven by Brits returning to the skies after pandemic travel restrictions. Easyjet’s income jumped to £1.5bn after traveller [...]
Skiing in St Moritz and Pontresina, the Swiss towns where British ski holidays were born January 29, 2023 The Grand Hotel Kronenhof is like a Wes Anderson movie brought to life. You join me in Pontresina, in Switzerland’s Eastern Alps, a pretty little mountain town of 18th century villas and Belle Epoque buildings. The hotel itself is large and neo-baroque, crowned with a jaunty green dome, and was opened in 1848 before being [...]
Flybe heads for administration leaving staff and passengers in limbo January 28, 2023 Regional carrier Flybe has ceased trading and all scheduled flights have been cancelled, authorities have said. The UK Civil Aviation Authority (CAA) made the announcement the company had gone into administration and urged those with booked Flybe flights not to travel to airports. Three early Flybe flights from Belfast, two from Birmingham and two from [...]
TV schedule: What sports are on the tele and where can I watch? January 27, 2023 This weekend sees blockbuster sports ties while Saturday is set to see an important movers day at the Dubai Desert Classic. Here’s what you need to look out for. FA Cup: Wrexham v Sheffield United, Sunday The magic of the FA Cup returns to television screens this weekend and though there are some blockbuster clashes [...]