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Cardiff Airport on a return for Qatar Airways, passenger growth and its financial health
Cardiff Airport remains confident of Qatar Airways resuming its direct scheduled route to Doha. And while a challenge it is keeping to a target of passenger numbers getting back to the pre-Covid level of 1.6 million a year by 2026. On earnings before interest, taxes, depreciation and amortisation (EBITDA), in its last financial year to …
Business
Evening Standard
Tui urges shareholders to vote to abandon London listing
Business
Euro News
Bank crisis fund is now full, agency chief says
Business
Sky News
Delivery drivers for takeaway apps to strike on Valentine’s Day
Delivery drivers for food-ordering platforms including Deliveroo, Uber Eats and Just Eat are striking on Valentine’s Day to call for better pay and conditions.Wednesday’s five-hour walkout is being organised by Delivery Job UK, an umbrella organisation, many of whose members are Brazilian and which claims to have more than 3,000 supporters in London and several …
Business
Sky News
Housing minister insists ‘we’ve got to have building targets’ – despite Tories scrapping them
Housing minister Lee Rowley has insisted the government has “got to have targets” for building homes – despite ministers dropping the ambition.In its 2019 manifesto, the Conservative Party pledged to build 300,000 new houses each year by the mid-2020s if it got into power. But the figure has never been achieved, and in December 2022, …
Business
Sky News
Barclay-owned Yodel rescued by Shift-led consortium
The collapse of Yodel, one of Britain’s biggest parcel delivery groups, has been averted after an overnight rescue deal led by the founder of Shift, a rival operator.Sky News has learnt that a newly formed company called YDLGP, which is backed by Shift executives and Solano Partners, a merchant bank, struck a deal early on …
Business
Sky News
Wage rises higher than expected – as unemployment rate falls slightly
Wages rises were higher than expected in December while the unemployment rate fell slightly, official figures show.Average weekly earnings rose more than expected, by 6.2% compared to the 6% forecast by economists and worker purchasing power was at its highest since July 2021 as, when compared against inflation, pay packets grew 1.9%. Wages, however, rose …
Business
Euro News
UK employees set to see slip in salary rises in 2024
Business
Sky News
Ex-Bank economist ‘laments’ Labour U-turn on £28bn green pledge
A former chief economist at the Bank of England has expressed disappointment at Labour’s decision to axe its £28bn green investment pledge.Andy Haldane, who is now the managing director of the Royal Society of Arts, told Sky’s Sophy Ridge that the original promise “led the world” in its ambition, and would have benefitted the country …
Business
Euro News
Uber Eats in Super Bowl U-turn over peanut butter advert
Business
Euro News
German office property prices tumble as challenges loom for investors
Business
Sky News
The Body Shop enters administration threatening more than 2,000 jobs
The UK arm of The Body Shop has entered administration, threatening stores and more than 2,000 jobs.As first reported by Sky News, FRP Advisory has been brought in to handle a restructuring process just weeks after the new owners took control of the cosmetics retailer. The Body Shop has roughly 200 outlets across the UK, …

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