Back in business: London City Airport predicts passenger demand will surge in 2022 January 17, 2022 London City Airport is predicting a surge in passenger growth for 2022 as a result of pent-up demand. Following the return of British Airways’ (BA) summer schedule and the easing of Covid restrictions, the hub will see the re-introduction of routes such as London to Milan and London to Barcelona. New London to Thessaloniki flights [...]
Pfizer to seek permission in US to give Covid vaccines to under-12s in days September 27, 2021 Vaccine giant Pfizer/BioNTech is set to ask for permission to vaccinate US children under 12 soon. The firm said it would submit data on children aged five to 11 to the Food and Drug Administration (FDA) for consideration very shortly. “It is a question of days, not weeks,” Pfizer chairman and CEO Albert Bourla told [...]
TfL sanctions for bare-faced commuters slump September 23, 2021 Transport for London (TfL) slapped six non-mask wearing commuters per day with fines in July in the run-up to “Freedom Day” as policing of Covid-19 prevention measures on the capital’s transport network waned. TfL imposed 123 fines on commuters for not wearing a mask in July, a 79 per cent drop from June’s 590 fines. [...]
US inflation surge ‘nails on’ another Fed rate hike bazooka July 13, 2022 Prices are rising at the fastest pace in nearly 41 years in America, nailing on another huge rate rise by the US Federal Reserve larter this month. US inflation climbed to 9.1 per cent last month, smashing Wall Street’s expectations and up from an already historic level of 8.6 per cent, according to data published [...]
World War Two veteran cheats death twice as he beats Covid after weeks in hospital July 26, 2021 Russian World War Two veteran Nikolai Bagayev feels like he has cheated death twice. This time though, the enemy was not the German troops invading the Soviet Union but Covid-19. Watch the full report.
CarTrawler CEO Cormac Barry on the travel sector’s long road to recovery January 23, 2022 No more PCR tests before arriving in England and most travel restrictions out of the window. International arrivals will instead be asked to take a lateral flow test on arrival and only to self-isolate if it comes back positive. The UK government’s recent announcements were warmly welcomed by the UK’s aviation and tourism sectors, including [...]
London tops global finance hiring league in sign City retains attractiveness after Brexit June 23, 2022 The City’s jobs market has raced ahead of its competitors to top the global hiring league, reveals fresh research published today. London’s banks, brokers, insurers and money managers are looking to more than double their staffing levels, according to a report by recruiter Robert Walters. The hiring drive has been spurred by firms scrambling to [...]
Made in Britain: As Brexit and Covid dismantle supply chains, boom in ‘reshoring’ leads to renaissance in UK manufacturing April 18, 2022 sAs the government admitted last week that there are ‘significant challenges’ to UK stock levels because of Brexit and Covid, is reshoring then perhaps the answer? Last week’s government report, from the Office for National Statistics (ONS), revealed the full extent of tumbling stock levels and broken global supply chains in the wake of Brexit and [...]
Overseas executives flock back to London as the relocations market explodes April 27, 2022 International business executives are flocking back to London, according to new data shared exclusively with City A.M. today, after the pandemic pushed many to return overseas. The return of bankers, investors and the sought have driven demand in the prime central London relocations market up 150 per cent in the first three months of this [...]
Jet2 braces itself for bumper loss as holiday giant crashes £383m into the red April 8, 2022 Holiday giant Jet2 has said the relaxation of UK travel restrictions led to a significant increase in bookings in February and March, although the firm still expects a bumper loss for the past year. The company said bookings for the period approached “seasonal norms as customer confidence in travelling internationally rallied”. The West Yorkshire-based travel [...]