Ryanair says it flew 11.8 million people in September, 10 per cent more than in the same month in 2016, despite the disruption caused by cancelled flights.
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
UK lenders must raise £116bn of special debt by 2022 as Bank sets out new rules to avoid future bail-outs
Britain’s banks need to set aside another £116bn in debt that can be “bailed in” should they get into financial trouble in order to avoid a repeat of the costly bail-outs that occurred during the credit crunch in 2008.
Former Tesco executives were warned of profits hole, court told
Directors refused to deal with multimillion-pound gap in accounts even though it was ‘spiralling out of control’, says SFO lawyer.
‘Biggest peacetime repatriation’ continues after Monarch collapse
Efforts are continuing to bring back passengers of Monarch Airlines after the carrier went into administration.
Tesco supplier P&H nears rescue as tobacco giants stump up funds
Britain’s biggest tobacco distributor is on the brink of securing the future of its 4,000 workers after two giant cigarette-makers agreed to pump in millions of pounds of emergency funding.
Consumer confidence defiant but personal finance fears loom
Consumers have defied expectations that their economic confidence would falter and cause a slowdown in spending, according to figures released today.
BlackBerry shares soar by 12% as software sales hit record
Transformation from loss-making smartphone maker to software firm continues as quarterly profits rise and yearly outlook is ‘robust’.
Mark Carney: An interest rate rise is coming
Bank of England governor Mark Carney has reiterated his expectation that the bank will raise interest rates soon.
Ikea buys odd jobs firm TaskRabbit
Tired of having to build your Ikea Billy bookshelves yourself?
Theresa May threatens US with trade war over Bombardier row
Theresa May has threatened a trade war with the US after it slapped punitive tariffs on British-built aircraft, casting doubt on a key plank of her Brexit strategy.
Uber boss Dara Khosrowshahi apologises to London for ‘mistakes we’ve made’
Uber boss Dara Khosrowshahi has apologised to Londoners for “mistakes we have made” and acknowledged that the company “must change”.
Bank of England warns of ‘pockets of risk’ to growing £200bn consumer debt pile
The Bank of England has warned that British high street banks risk losing as much as £30bn from defaults on credit cards and personal loans credit were the economy to take a turn for the worst.
Hard Brexit will cost the European Union twice as many jobs as UK
A hard Brexit could cause twice as many job losses in the EU as in the UK, economists based in Brussels have warned.
Deloitte hit by cyber-attack revealing clients’ secret emails
Hackers may have accessed usernames, passwords and personal details of top accountancy firm’s blue-chip clients.
Oil prices jump over 3% on rising demand & production cuts
Oil prices jumped on Monday with the Brent benchmark hitting its highest in more than two years.