Airlines axe hundreds of flights while ‘blame game’ between government and industry continues June 1, 2022 Passengers have seen another day of disruption as airlines continue to axe hundreds of flights while the “blame game” between government and industry shows no signs of stopping. British Airways (BA) today cancelled 124 flights from Heathrow and easyJet axed an additional 31 at Gatwick. According to aviation analytics firm Cirium, easyJet was the most [...]
UK competition watchdog launches antitrust probe into BT’s Warner Bros Discovery tie-up June 1, 2022 UK competition watchdog has launched an investigation into BT's 50:50 joint venture with US media giant Warner Bros Discovery.
Unacceptable: Airlines slammed for pandemic job cuts as travel crisis rages May 31, 2022 Airports and airlines have been blamed for severely slashing staff roles amid the pandemic, as holidaymakers face lengthy queues and disruption. A government source has told The Times that delays and flight cancellations are “completely unacceptable” as Brits have been warned to expect more chaos ahead of the Platinum Jubilee bank holiday. “The simple fact is [...]
UK worst affected by travel mayhem, experts warn May 31, 2022 As queues, delays and cancellations continue to leave a sour taste in the mouth of thousands of travellers, experts have warned the issue is affecting the UK predominantly. According to aviation analyst Sally Gethin, while Britain is not the only country struggling, the UK’s aviation sector was more beaten down by the pandemic compared with [...]
Petrol retailers are not profiteering despite record prices at the pumps, say experts May 31, 2022 Petrol retailers are not engaging in wholesale profiteering amid record forecourt prices said industry analysts.
Partygate: Minister says people want ‘professionalism and competence’ from government May 31, 2022 Brits need to see the government display “professionalism and competence” in the wake of the partygate scandal, trade minister Penny Mordaunt has told City A.M. Mordaunt, who was touted in January as a potential future Tory leader, said “the really essential issue [about the Gray report] is about our ability to restore trust” and to [...]
UK unveils long-awaited corporate reporting and audit reforms May 31, 2022 The UK has unveiled its long-awaited audit regime overhaul, with the government announcing a new regulator to ensure oversight of the largest private companies. The Financial Reporting Council will be replaced by the new Audit, Reporting and Governance Authority (ARGA), funded by a new levy on industry, which will have oversight of unlisted companies with [...]
Boris Johnson’s political life getting more difficult by the hour as letters of no confidence from Tory MPs pile up fast May 31, 2022 Tory whips are said to be discussing how to fight back if rebels trigger an all-important confidence vote as letters of no confidence in prime minister Boris Johnson are piling up fast. A steady stream of Tories have backed a ballot to decide the PM’s future, or called for Mr Johnson to step down, with [...]
B&M sales dip as discount retailer names new chief May 31, 2022 Discount retailer B&M has warned trading patterns are anticipated to “remain unpredictable” in the year ahead, while it feels ready to reap the rewards of shoppers hunting for bargains amid sky-high inflation. In results for the year to 26 March 2022, group revenue dipped 2.7 per cent on the prior year to £4.67bn. However, this [...]
Japan reopens after two years: Time for that trip of a lifetime May 30, 2022 After two years of closure to tourists, Japan will welcome visitors from 10 June. Steve Hogarty takes a trip from Osaka into the ancient Japanese countryside. Osaka’s main entertainment district, Dotonbori is a kind of psychedelic, neon circus. Brilliant, colourful lights bounce off the glass-fronted buildings, and below they transform the surface of the canal [...]