Chancellor Rachel Reeves delivered Labour’s first Budget in 14 years, announcing £40bn of tax rises, Central London Alliance comments
VP profit falls as Brandon Hire Station and housebuilding woes drag on results June 5, 2024 Pre-tax profit fell 90.9 per cent, in large part down to the impact of £27.7m of non-cash impairment at VP's subsidiary, Brandon Hire Station
Ryanair passenger numbers near 20m as Europe’s record summer kicks off June 5, 2024 Some 18.9m passengers flew with the Irish budget carrier over the month, up 11 per cent year-on-year as it operated 105,000 flights.
WH Smith’s ‘transformation’ to a ‘one-stop-shop for travel essentials’ reaps rewards June 5, 2024 WH Smith has increasingly sought to rely on its travel arm as demand booms following years of Covid-era lockdowns.
Maersk hikes guidance as shipping costs rise on Red Sea disruption June 4, 2024 Maersk has hiked its full-year earnings guidance amid strong demand and continued disruption in the Red Sea.
Which London airport did Emirates’ airlines boss compare to a ‘post-Second World War’ hub? June 4, 2024 The head of Emirates airlines has said Heathrow is "seriously lagging behind" rival hubs and compared it to a run down Second World War airport.
Wizz Air carried 5.1m passengers in May despite engine issues dragging on capacity June 4, 2024 Wizz Air carried 5.1m passengers in May ahead of a busy summer but capacity is still being impacted by issues with its Pratt and Whitney engines.
The sooner the better for a Eurostar competitor – but it won’t be smooth sailing June 4, 2024 An end to Eurostar's monopoly on the Channel Tunnel can only be a good thing for passengers, Guy Taylor argues
Former Melrose bosses take chunk of £180m bonus scheme June 3, 2024 Three former bosses at Melrose Industries have raked in a big chunk of a £180m bonus scheme shortly after leaving the group.
Mobico: Short sellers circle struggling National Express owner June 3, 2024 Short sellers including the hedge fund owned by GB News baron Paul Marshall are circling the struggling FTSE 250 transport firm Mobico Group.
Siemens’ Yorkshire-made battery trains will save ageing British railways £3.5bn June 3, 2024 Battery trains being built at Siemens' new facility in Goole, Yorkshire, will save Britain's railways £3.5bn.