The budget airline said record late summer bookings, a strong pound and cheap fuel have resulted in a 25pc hike in profit guidance
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 retail sales hit by late bank holiday
Retail sales in August were hit by the late timing of the bank holiday, the British Retail Consortium (BRC) says.
Bank tax will raise twice government estimate at £12bn
The chancellor’s new bank tax is set to rake in up to £12 billion for the Treasury over the next five years, nearly double the amount originally forecast by the government, according to EY.
Costa owner warns living wage could hit prices
The company, which also owns Premier Inn, may have to put up prices to fund the new minimum wage
Government delays revealing identities of RBS share buyers
UKFI has asked for 20 working days to decide if public interest in disclosure outweighs public interest in withholding the information
Dragons’ Den star who advised Cameron charged with sex abuse
A business adviser to David Cameron who starred on the BBC Two programme Dragons’ Den has vowed to fight charges of sex offences involving a girl aged 13. Douglas Richard is accused of repeatedly abusing the teenager on January 2.
Apple files patent for MacBook fuel cell that could last weeks
Apple has filed a patent application for a fuel cell system that could power a MacBook “for days or even weeks without refuelling”.
Make yourself immune to secondhand stress
Over the past decade, we have learned how our brains are hardwired for emotional contagion. Emotions spread via a wireless network of mirror neurons, which are tiny parts of the brain that allow us to empathize with others and understand what they’re feeling.
Jobseekers ‘face dip in living standards’
Out-of-work couples with children face “a decade of sharply declining living standards” owing to changes made to benefits, anti-poverty campaigners say.
Bumper payouts for housebuilding executives
Berkeley boss Tony Pidgley to face tough questions at AGM over his £23.3m pay package, while Persimmon scheme is spread across 135 of top team
Glencore shares surge on plan to plug $10bn debt
Mining giant has launched a raft of measure to raise around $10.2bn in response to weak commodities markets
High street sales tumble to lowest level since 2008 crisis
Sales across all retail sectors slumped in August to the lowest point since November 2008, according to BDO.
Summertime blues help profits at easyJet take off
Late-booking holidaymakers paying a premium for the last available seats on planes bound for the sun have sent profits at easyJet soaring to new records.
HSBC adds UK to name as ring-fencing looms
Europe’s biggest bank is to rebrand its British branch network as HSBC UK, ending months of speculation that it would revive the Midland name it abandoned 16 years ago.
China poses threat to global growth, IMF warns
Slower growth in China and continuing stock market uncertainty pose a threat to global economic growth, the International Monetary Fund has warned.
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