Ryanair warns ‘weak’ airlines will go bust this year as fuel costs soar Aviation Ryanair’s finance boss has said he “wouldn’t be surprised” if some of the airline’s “weaker” rivals went bust later this year, as the Iran war spikes fuel costs. The Dublin-based budget carrier has insisted it is “confident” despite warnings of a jet fuel crisis, but US carrier Spirit Airlines shut down last month, and Ryanair [...]
The Debate: Should airports ban early-morning pints? Opinion Ryanair boss Michael O'Leary has had enough of drunkards on flights, but is banning 5am airport pints the answer? We hear both sides.
Barclays consumer spending drops for first time since 2024 Banking Consumers using Barclays credit and debit cards cut their spending for the first time in 17 months in the latest sign of turmoil facing the global economy. Total spending was down 0.1 per cent year-on-year marking the first drop since November 2024, where Brits were feeling the pinch of Labour’s first Budget. Consumers mainly drew [...]
Wetherspoon boss Tim Martin clashes with Ryanair over airport breakfast booze May 7, 2026 The boss of JD Wetherspoon has clashed with the chief of budget airline Rynair over calls for airports to crack down on early morning drinking. Tim Martin, chair of the UK’s best-known pub chain, has said regulating alcohol consumption at airports is a “Big Brother” approach which could lead to passengers being breathalysed. Ryanair boss [...]
FTSE 100 Live: Stocks down on election day; oil back below $100 as Iran deal hangs in balance May 7, 2026 Good morning and welcome back to the City AM liveblog. It’s local election day in the UK and Keir Starmer’s premiership is hanging in the balance as his Labour Party prepares to take a drubbing in council boroughs across the country. Gilt yields rose at their fastest rate earlier this week as the market prepares [...]
Does a pint in London really cost £10? May 6, 2026 Recent reports of £10 pints in the capital will have caused many a punter to spit out their bitter in disbelief. Pint prices in London edge higher every year, but the once-distant prospect of paying double figures for a beer has already arrived, according to some reports. Stanley’s Rooftop Bar, perched above a four-star hotel [...]
Wetherspoon issues profit warning over ‘substantial’ cost hikes May 6, 2026 JD Wetherspoon has warned it could miss profit targets over “substantial increases in costs,” as pubs brace for soaring energy and shipping prices due to the Iran war. The UK’s best-known pub chain confirmed on Tuesday that the much-feared knock-on effects from the blockage to the Strait of Hormuz have begun to hit hospitality firms. [...]
Inside the Wetherpoons pub with great Tower of London views April 22, 2026 Certainly not the most discerning watering hole in the Square Mile, Wetherspoons is nonetheless an institution. No matter what you think of it, it’s hard to argue that it doesn’t offer incredible value for money. Here’s a look inside The Liberty Bounds, one of the lesser-known Wetherspoons pubs frequented by City folk. WHAT’S THE VIBE?This [...]
McDonald’s targets jobless Gen Z with ‘UK’s largest work experience programme’ April 22, 2026 McDonald’s has launched the UK’s largest ever work experience programme in a major recruitment drive that will specifically target the ballooning number of young Brits that are neither working nor in full-time education. The fast-food chain will hand out some 2,500 paid placements to young workers over the age of 16 as part of a [...]
‘Relentless pressures’: More hospitality firms forced to shut even before Iran war April 17, 2026 The rate of corporate collapse in hospitality surged in February in signs the sector was struggling to stay afloat even before the Iran war brought further cost pressures. The number of accommodation and food service firms declaring insolvency jumped by 22 per cent to 270 in February, according to government data. This acceleration of the crisis [...]