Can the chancellor protect the UK economy from coronavirus? March 10, 2020 You have to feel sympathy for Rishi Sunak. Suddenly appointed as chancellor after the unexpected resignation of Sajid Javid, he found himself with just weeks to put together the first Budget of the Boris Johnson era. Any chance he could simply copy Javid’s homework was then dashed when the former chancellor gave the Times chapter [...]
Revolut opens for business in Singapore October 24, 2019 Banking app Revolut has today launched its services in Singapore, marking the British fintech giant’s fourth international foray. The scaleup, which has more than 7m users across the UK, Europe and Australia, will provide customers in Singapore with access to its banking app and debit card. Features include free spending overseas in more than 150 [...]
New beer and pubs boss looks to ensure industry keeps its fizz December 3, 2019 Beer is proof God loves us and wants us to be happy” is a quote that adorns tourist-tat t-shirts and bar mirrors across the world. It also, as far as anyone can tell, was never actually said by the man usually given credit — Benjamin Franklin. But regardless of whether the Founding Father uttered the words, [...]
Ryanair and Wizz Air enjoy passenger jump in August September 3, 2019 Ryanair and Wizz Air both enjoyed an uptick in passenger numbers in August, with the latter enjoying a record-breaking month. Ryanair passenger traffic grew to 14.9m last month, up eight per cent on the previous year. In June it carried 14.8m customers. Read more: Ryanair flights continue as normal as pilots kick off three-day strike [...]
Horse Racing Betting Tips: Course form points to Coulis and Escobar in Balmoral October 17, 2019 RACING purists are spoiled tomorrow with four Group Ones and a Group Two kicking off QIPCO British Champions Day, yet for many punters the most important race of the day is the closing Balmoral Handicap (4.40pm). John Gosden is yet to win Europe’s richest mile handicap, but he has saddled the runner-up in four of [...]
Thomas Cook liquidators secure bids for valuable airport slots October 16, 2019 The liquidators of collapsed airline Thomas Cook are said to have secured bids from some of the UK’s largest carriers after kicking off an auction of dozens of UK airport slots. KPMG set a deadline of 5pm today for bids for the take-off and landing slots as part of an auction that could raise tens [...]
Huawei CFO’s arrest to be probed in Vancouver hearing September 23, 2019 Lawyers for Huawei’s chief financial officer Meng Wanzhou are set to probe her arrest in Vancouver airport during a court hearing today. Meng was arrested in December on suspicion of misleading banks and violating sanctions against Iran, and is now facing extradition to the US. Read more: Huawei drops lawsuit against US over seized equipment [...]
EU’s Juncker says Britain to blame if stalemate ends in no-deal Brexit September 27, 2019 European Commission president Jean-Claude Juncker has said the blame will lie with Britain if it leaves the EU in a no-deal Brexit. Juncker said he and chief EU negotiator Michel Barnier were doing their utmost to secure a Brexit deal, but the bloc would not accept any blame if efforts end in failure. Read more: [...]
HS2 Q&A: Where is the route, how much will it cost and when will it open? January 20, 2020 Today’s forecast that the cost of HS2 could soar as high as £106bn will come as no surprise to close observers of the project. The number, calculated by infrastructure consultant Michael Byng, is in line with Prime Minister Boris Johnson’s prediction last year that the project will come in “north of £100bn”. But the figure [...]
Cruz control has not been smooth sailing for British Airways September 10, 2019 To fly. To serve. It may be the tagline of one of the UK’s best known brands, but passengers of British Airways can be forgiven for grimacing at what has been dished out to them recently. In the past two years, BA customers have endured data leaks affecting more than 550,000, an IT meltdown which [...]