P&O Ferries hikes prices as Iran war puts holidays on brink Transport & Infrastructure Leading ferry operator P&O Ferries is saddling holidaymakers with up to £50 surcharges as the Iran war threatens to derail Brits’ summer holidays. P&O, which is owned by Dubai-based DP World, has said it will impose one-way surcharges of £27 per vehicle for its route between Hull and Rotterdam, meaning passengers will pay £54 more [...]
IAG: British Airways owner plays down jet fuel shortage concerns Aviation British Airways owner IAG has played down fears of a jet fuel shortage forcing it to cancel flights this summer but warned investors to expect lower earnings as a result of the ongoing conflict in the Middle East. The London-listed carrier said the pan-regional war that has now dragged into its third month will have [...]
‘Critically low levels’: UK braces for jet fuel shortage as rationing looms Energy The UK is particularly vulnerable to the jet fuel shortages caused by the Iran war, as the risk of rationing looms as supplies fall to “critically low levels” while the summer holidays creep closer. The ongoing closure of the Strait of Hormuz has led to an “extreme tightness” in the supply of jet fuel in [...]
Jet fuel shortage looms as government scrambles to secure supplies April 29, 2026 The government is scrambling to secure UK airlines’ emergency access to jet fuel as global shipments fall to their lowest level on record. Global shipments of jet fuel have fallen to their lowest level on record, as the blockage to the Strait of Hormuz threatens to suffocate supply to the world’s airlines. Under 2.3m tonnes [...]
British Airways forced to downgrade loyalty scheme members after ‘error’ April 25, 2026 British Airways has been forced to downgrade thousand of members of its loyalty scheme, after it parent’s company rewards team incorrectly told passengers they could keep their gold or silver tier status. The error, which IAG Loyalty pinned on a “technical issues”, comes as shake-up of the scheme is becoming disruptive for the thousands of [...]
Easyjet tops FTSE 100 risers as airline, travel shares rocket after Hormuz reopening April 17, 2026 Airline and travel shares listed on the London Stock Exchange have rocketed after Iran said it has reopened the Strait of Hormuz, potentially signalling an end to weeks of chaos to the tourism industry. London-listed Wizz Air and Easyjet surged nine and eight per cent on the news, after the blockage to the crucial shipping [...]
British Airways, Easyjet shares soar as Iran ceasefire brings relief for airlines April 8, 2026 Airline stocks have soared following President Trump’s announcement of a ceasefire with Iran, offering cautious relief to fears flights could be grounded in weeks. Shares in British Airways owner IAG soared by more than 10 per cent on Tuesday’s market open, as the FTSE 100 firm was followed by WizzAir and Easyjet who also made [...]
Airlines face five-week cliff edge before fuel shortages could ground flights April 2, 2026 Britain’s airlines face significant disruption in a matter of weeks if the war in Iran continues throughout April, as a global jet fuel shortage has already forced carriers in Asia to slash service levels in a bid to manage supplies. Major UK-based carriers have said that they have between five and six weeks’ worth of [...]
Rolls-Royce shares rocket to recovery as FTSE 100 takes off April 1, 2026 Shares in City heavyweight Rolls-Royce helped lead London’s blue-chip index higher this morning as markets were buoyed by hopes of peacetalks in the Middle East. Rolls-Royce stock soared as much as seven per cent on open to 1,215.00p. It followed comments from Donald Trump that the US would “leave” Iran in “two to three weeks”. [...]
German backers of Olympia redevelopment add new £500m investment March 31, 2026 The German investors behind the redevelopment of Kensington’s Olympia exhibition centre have committed an additional £500m as the consortium refinances the project. Deutsche Bank AG will hand a £900m loan to the consortium behind the project, which includes German pension fund Bayerische Versorgungskammer and insurer Versorgungskammer Bayern. The project is one of London’s biggest regeneration [...]