Virgin accuses Heathrow of ‘abusing its power’ as British Airways weighs in on CAA decision to fix price cap March 8, 2023 A war of words has broken out between Heathrow Airport and major carriers Virgin Atlantic and British Airways, following the Civil Aviation Authority’s decision to fix the passenger price cap. The regulator confirmed the average maximum price per passenger will fall by about 20 per cent from £31.57 per passenger in 2023 to £25.43 per [...]
Renewable body urges rollout of wind power to lower household bills October 26, 2022 Industry group Renewable UK is urging the Government to accelerate the roll-out of wind power to avoid future gas crises for consumers.
Meet the zero-emission parcel delivery start-up on a mission to change the industry August 12, 2024 How often do you find yourself frustrated with your local parcel delivery service?
Ofgem must hold firm on financial rules for suppliers after energy crisis, MP warns November 1, 2023 Ofgem needs to hold firm on financial requirements for suppliers, warned the deputy chair of a leading panel of Westminster MPs.
FCA hosts crypto event to assess how digital assets can be regulated May 13, 2022 The UK’s Financial Conduct Authority hosted a two-day ‘CryptoSprint’ event aimed at exploring how crypto assets could be regulated in the UK.
Cynical investors trading off of the ESG wave have burst a sustainable finance bubble July 11, 2023 The government must prove it is serious about ESG and sustainable investing, so companies and investors know they are safe to follow through, writes James Alexander
Poundland sales resilient as shoppers more familiar with discount brands versus 2008 July 14, 2022 Poundland’s owner has reiterated its confident outlook, encouraged by the size of the discount market across Europe amid present economic turmoil. In a third quarter trading update, Pepco posted group revenues of €1.2bn, with year-to-date sales hitting €3.5m. The retailer, which also owns the Dealz and Pepco brands in Europe, said Poundland like-for-like sales had [...]
Domino’s new chief’s first 100 days marked by store expansions and Pizza collections November 9, 2023 In a clear consumer trend, collections had grown 8.4 per cent, while deliveries were down 6.3 per cent, as many fast-food lovers looked to save the pennies amid the cost of living crisis.
Winkworth shares tumble as estate agent issues profit warning amid mortgage slump July 12, 2023 Winkworth shares tumbled 14 per cent this morning after the estate chain issued a profit warning due to soaring interest rates and a fresh slump in mortgage approvals. The company which has over 90 branches across the UK said that the sales market proved more challenging in the second quarter of the year, as rate [...]
Joules confirms talks with Next about retail giant acquiring £15m minority stake August 8, 2022 Joules has confirmed weekend speculation that Next is set to acquire a minority stake in the lifestyle retailer for around £15m. Sky News reported at the weekend that the high street staple had been in talks with Joules for several weeks over a deal. Now, Joules has confirmed these discussions are taking place, with talks [...]