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07.07.2022 - 06:49
Business
Sky News
Airports slammed as ‘woefully ill-prepared’ over ‘inexcusable’ travel chaos
Jet2 has criticised airports for being “woefully ill-prepared and poorly resourced”, which has led to “inexcusable” travel chaos.The holiday firm said customers have had to endure a “much poorer experience” than they should have, pointing to airports’ and ground handling suppliers’ “often atrocious customer service”, long queues, baggage handling problems, delays, and a lack of …
07.07.2022 - 06:39
Business
Evening Standard
Business ‘crying out for leadership’, warns former CBI boss as political turmoil continues
Businesses are crying out for leadership, the former boss of the CBI has warned, as he called on new Chancellor Nadhim Zahawi to urgently slash taxes.With Boris Johnson fighting to hold on to office, Lord Karan Bilimoria, founder of the beer brand Cobra and ex-President of the Confederation of British Industry, told BBC Radio 4’s …
07.07.2022 - 05:38
Business
Sky News
British Airways check-in staff strike suspended as company makes improved pay offer, unions say
British Airways (BA) workers have suspended a strike that had been planned at Heathrow during the school summer holidays after receiving a “vastly improved” pay offer from the airline.After extensive negotiations, the Unite and GMB unions said an agreement was reached and members involved in the dispute would now vote on the proposed offer. More …
07.07.2022 - 05:38
Business
Sky News
BA staff strike suspended after improved pay offer
British Airways (BA) workers have suspended a strike that had been planned at Heathrow during the school summer holidays after receiving a “vastly improved” pay offer from the airline.After extensive negotiations, the Unite and GMB unions said an agreement was reached and members involved in the dispute would now vote on the proposed offer. More …
06.07.2022 - 22:34
Business
Sky News
easyJet reported after families left to sleep on airport floor due to cancelled flights
Which? says it has reported easyJet to the Civil Aviation Authority, asking the regulator to investigate the airline’s treatment of passengers who have their flights cancelled.The consumer watchdog said it had heard from passengers who were not told about their legal right to hundreds of pounds in compensation and the chance to be re-routed with …
06.07.2022 - 15:29
Business
Sky News
British Airways to cut a further 10,300 flights until end of October
British Airways (BA) has announced it will cut a further 10,300 short-haul flights until the end of October.The airline, among the worst hit by post-pandemic staff shortages that have resulted in widespread disruption for passengers this year, made the announcement just a day after another wave of cancellations was revealed in a bid to make …
06.07.2022 - 11:48
Business
Sky News
Bank of England chief economist hints at bigger interest rate rises to tackle inflation
The Bank of England’s chief economist has hinted at bigger interest rate hikes to come in a bid to tackle soaring inflation.Huw Pill said he would be open to voting for a larger move than the 0.25 percentage point increases implemented so far if warranted. Speaking at a banking conference, he expressed his “willigness to …
06.07.2022 - 11:48
Business
Sky News
Bank of England chief hints at bigger interest rate rises
The Bank of England’s chief economist has hinted at bigger interest rate hikes to come in a bid to tackle soaring inflation.Huw Pill said he would be open to voting for a larger move than the 0.25 percentage point increases implemented so far if warranted. Speaking at a banking conference, he expressed his “willingness to …
06.07.2022 - 11:30
Business
Sky News
Microsoft’s £50.5bn acquisition of Call of Duty firm to be scrutinised by UK watchdog
Microsoft’s proposed acquisition of the the troubled Call of Duty and Candy Crush gaming firm Activision Blizzard for $68.7bn (£50.5bn) is being investigated.The all-cash takeover would give the Xbox maker a leap into the mobile gaming sphere and “play a key role in the development of metaverse platforms”, according to Microsoft boss Satya Nadella. If …
06.07.2022 - 10:52
Business
Sky News
How new chancellor Nadhim Zahawi could affect the UK’s economy and taxes
It is tempting, given the UK has a new chancellor and given Downing Street is dropping heavy hints about tax cuts, to start wondering out loud about what the past 24 hours’ events mean for economic policy. Many are already asking not merely whether Nadhim Zahawi will cut taxes, but whether that risks driving inflation …
06.07.2022 - 10:25
Business
Business Live
Dragon Taxis announces sponsorship package for Cardiff Midweek Cricket League
Wales’ largest taxi and private hire vehicle operator is sponsoring Cardiff’s midweek cricket league. Dragon Taxis, which is owned by Veezu, has pledged investment to support each of the 34 teams within the capital’s 100-year-old league. The new sponsorship package will help towards funding the cost of league fees, match balls, ground hire, match officials …
06.07.2022 - 10:19
Business
Business Live
Sainsbury’s to open major new base in Manchester
Sainsbury’s is to open a major base in Manchester after signing a new deal. A 68,374 sq ft industrial unit in Trafford Park, which is expected to be completed this month. has been secured by the supermarket chain. Sainsbury’s has signed a 15-year lease on the building through a deal with Harbert Management Corporation (Europe) …
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