FTSE 100 bucks the trend as global stocks fall on US-China tensions May 4, 2020 The FTSE 100 has climbed into the green in afternoon trading, faring better than European and US stocks which fell after the Trump administration stoked tensions with China over coronavirus. Britain’s FTSE 100 index was up 0.1 per cent just after 3pm at 5,770 points. London trading was choppy but helped by a fall in [...]
Markets live: US stocks near record high on stimulus hopes as FTSE 100 soars August 11, 2020 The FTSE 100 jumped today as US stimulus hopes offset bleak new data that showed a surge in UK job losses during the coronavirus crisis. The blue-chip index was up 2.42 per cent at 6,197 points at midday, before closing up 1.71 per cent at 6,154 in a bullish day for western markets. The gains [...]
Number of UK strikes up 45 per cent in last year December 9, 2019 The number of strikes in the UK rose 45 per cent last year, due in part to a growing number of protests over zero-hour contracts. According to data from law firm EMW, there were 96 cases of direct action across the public and private sectors in 2018/19, up from 66 in 2017/18. Read more: Rail [...]
Travellers brace for chaos as Ryanair pilots vote to strike August 7, 2019 Airline woes are set to be compounded later this month as Ryanair pilots become the latest to go out on strike over pensions and a host of other issues. Pilots’ union Balpa said this evening it was taking its pilots out on strike on 22 August and 2-3 September. Read more: Heathrow and Unite locked [...]
Marriott International to be fined £99m for data breach July 9, 2019 Hotel chain Marriott is set to be fined more than £99m for a data breach that compromised the personal details of roughly 393m guests. The Information Commissioner’s Office (ICO) today announced its intention to hand down the fine following an “extensive” investigation into the breach. Read more: British Airways set for £189m fine for 2018 [...]
Tui Airways adds extra flights by hiring Thomas Cook cabin and crew October 10, 2019 Europe’s largest travel company will fly up to two million more passengers in 2020 with the help of former Thomas Cook staff. Tui Airways has announced it will add an extra 10,000 flights next year by hiring former Thomas Cook pilots and cabin crew. Read more: Will buyout of Thomas Cook’s 555 high street stores [...]
Markets live: FTSE 100 gains fade on US-China tensions as Wall Street wobbles June 1, 2020 The FTSE 100 pared some of its gains amid simmering tensions between the US and China over Beijing’s crackdown on semi-autonomous Hong Kong. Despite the concerns, US President Donald Trump stopped short of ripping up the US-China trade deal over China’s actions in the city-state. However, stocks surrendered some of their earlier gains as reports [...]
FTSE 100 closes higher but loses ground on second wave fears June 17, 2020 The FTSE 100 closed higher today, albeit losing some ground as markets remain jittery on fears of a second coronavirus wave in China. London’s blue-chip index climbed to trade 0.72 per cent higher during the afternoon afternoon, before closing up 0.18 per cent. The rally came despite figures released earlier today showing UK inflation falling [...]
Markets live: FTSE 100 and US stocks slip on rising Hong Kong tensions May 22, 2020 The FTSE 100 closed in the red and US stocks fell as investors weighed up rising US-China tensions in the wake of Beijing’s move to assert its authority in Hong Kong. The UK’s blue-chip index fell around two per cent this morning but pared some of its losses throughout the day. It finished 0.3 per [...]
Norwegian Air earnings rise as December capacity cuts take effect January 7, 2020 Norwegian Air was forced to cut its capacity for the third month in a row in December, as it scrapped loss-making routes as part of a plan to return to profit. The firm, which recently appointed a new boss, Jacob Schram, has struggled over the last year after rapid expansion. In 2014, Norwegian introduced the UK’s [...]