Airline shares splutter as new EU lockdowns spook investors November 24, 2021 The share price of major airlines is on an ongoing downward trajectory as a result of the new wave of Covid-19 infections around Europe which is causing countries such as Austria and the Netherlands to impose lockdown measures. Compared with the last few days, the share price of major carriers such as IAG and Ryanair [...]
Even as Signa struggles, Selfridges is still the beacon of Oxford Street retail November 14, 2023 We shouldn't write off the department store, it's what the 'experience economy' was built on, writes Anna Moloney.
The City View: November 23 November 24, 2021 In today’s episode of City A.M.’s daily podcast, we talk about more fallout from the Bulb collapse, bad news from AO World for Christmas goods and reflect on the changing world of street delivery with City A.M.’s Leah Montebello.
Ryanair remains cautious about future despite record half-year November 7, 2022 Ryanair has remained cautious about its future despite posting a record half-year performance. Driven by an exceptional summer traffic, the low-cost carrier’s after tax earnings jumped to €1.37bn (£1.20bn) – up from a €48m net loss last year. Even though slightly below analysts’ consensus, this was its highest half-year results ever, as it surpassed the [...]
Retailers bet on coronation boost after extra May bank holiday announced November 6, 2022 Retailers are hoping for a royally big boost next year after the government announces an extra bank holiday for King Charles III’s coronation. In an announcement today, Prime Minister Rishi Sunak confirmed the UK-wide holiday would fall on Monday 8 May, following the Coronation on Saturday 6 May. “The Coronation of a new monarch is [...]
West needs to prepare for energy crunch next winter, analysts warn February 5, 2023 Experts have urged the West against complacency next winter, warning that the energy crisis could last for years to come.
Soho restaurants and cafés hit by Omicron restrictions December 14, 2021 Soho restaurants and cafés have been forced to rip up reservation lists as new Covid-19 restrictions scares punters from the West End.
A success or not, Scotland’s tax hikes showcase the benefits of devolution January 16, 2024 Tax devolution allows for invaluable experimentation and dynamism that Britain's economy desperately needs, writes Tim Sarson.
The Notebook: George Lagarias on why we’ve all been asking the wrong question about inflation January 15, 2024 George Lagarias, chief economist at Mazars, takes the Notebook pen to talk inflation, films and Winter Wonderland.
Ryanair mocks absent Chancellor with ‘come back to help out’ tweet December 16, 2021 The Chancellor of the Exchequer faced criticism from Ryanair this afternoon, as the budget airline urged him to return to the UK and help out ailing businesses. Hospitality and tourism firms have been calling on Sunak to bring back pandemic support measures, as they face waves of cancellations amid a surge of Omicron cases before [...]