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British Airways fares to rise in attempt to offset £1.7bn fuel cost hit
UK NewsBusiness

British Airways fares to rise in attempt to offset £1.7bn fuel cost hit

Owner IAG expects to recover 60% of additional fuel bill caused by Iran war through ‘revenue and cost management’Business news – live updatesBritish Airways fares will rise to try to recoup most of a...

The Guardian - UK News4 months ago
Airline emissions in Europe top pre-Covid levels despite pledge to decarbonise
UK NewsPoliticsBusiness

Airline emissions in Europe top pre-Covid levels despite pledge to decarbonise

Promises to cut emissions and use more fuel-efficient planes fail to stop rise, with Ryanair’s carbon footprint 50% up on 2019Emissions from flying in Europe have now passed pre-pandemic levels, with...

The Guardian - UK News4 months ago
Our cities are choked by cars – here’s how experts would fix them
UK NewsPoliticsBusiness

Our cities are choked by cars – here’s how experts would fix them

Turning parking bays into green spaces and prioritising cyclists may be the fastest routes to improving urban lifeClean air, safer streets and a stable climate are among the reasons doctors and enviro...

The Guardian - UK News4 months ago
South East Water CEO to step down after Kent and Sussex supply outages
UK NewsBusiness

South East Water CEO to step down after Kent and Sussex supply outages

David Hinton will remain in post while successor is found, group says, a week after resignation of chair Chris TrainThe chief executive of South East Water has announced plans to step down, a week aft...

The Guardian - UK News4 months ago
UK house price growth halved as Iran war fallout hits housing market
UK NewsBusiness

UK house price growth halved as Iran war fallout hits housing market

Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a...

The Guardian - UK News4 months ago
The dubious story of a student who won $100,000 betting on the weather
UK NewsBusiness

The dubious story of a student who won $100,000 betting on the weather

Urban legend has it AI-based system scanned aviation data and weather-betting sites, then identified mismatches to get good oddsOnline platforms such as Polymarket allow gamblers to bet against one an...

The Guardian - UK News4 months ago
BP plans to sell shares in flagship carbon projects as it pulls back from green agenda
UK NewsPoliticsBusiness

BP plans to sell shares in flagship carbon projects as it pulls back from green agenda

Oil firm seeks to reduce stake in carbon capture and storage projects in north-east of England after schemes fail to win over shareholdersBP plans to sell stakes in two flagship carbon capture and sto...

The Guardian - UK News4 months ago
JD Sports says Iran war and youth unemployment to hit consumer spending
UK NewsBusiness

JD Sports says Iran war and youth unemployment to hit consumer spending

Retail group with 4,800 stores worldwide expects drop in profits this year amid ‘muted market’Business live – latest updatesThe sports fashion retailer JD has said that profits will fall this year ami...

The Guardian - UK News4 months ago
Dawn airport drinkers call out Ryanair boss on proposal to ban ‘holiday ritual’
UK NewsBusiness

Dawn airport drinkers call out Ryanair boss on proposal to ban ‘holiday ritual’

Stansted passengers disagree that stopping airports serving alcohol before early flights will reduce bad behaviourFor most people, the idea of a pint with breakfast is pretty grim. But at the Wethersp...

The Guardian - UK News4 months ago
Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand
UK NewsBusiness

Revealed: owner of former WH Smith stores is charging fee to use fictitious ‘family’ brand

Exclusive: Documents show Modella Capital, which bought the chain last year, is so far owed £2.9m in royalty feesThe investment company that owns the former WH Smith high street stores is charging the...

The Guardian - UK News4 months ago
UK construction firms face some of sharpest cost rises in nearly 30 years
UK NewsBusiness

UK construction firms face some of sharpest cost rises in nearly 30 years

Monthly rise in prices of fuel and raw materials, driven by Iran war, is one of steepest since survey began in 1997Business live – latest updatesConstruction companies in the UK are experiencing some...

The Guardian - UK News4 months ago
Trains in southern England disrupted after fault in radio system
UK NewsBusiness

Trains in southern England disrupted after fault in radio system

London Waterloo services particularly hit after radio network problem prevented communication between drivers and signallersTrains in parts of southern England have been severely disrupted after a fau...

The Guardian - UK News4 months ago
‘Restaurants won’t survive’: Michelin chef opens venues abroad to withstand UK taxes
UK NewsBusinessLifestyle

‘Restaurants won’t survive’: Michelin chef opens venues abroad to withstand UK taxes

Jason Atherton, who has restaurants in Dubai, St Moritz and now Tuscany, says it’s tough to stay afloat in UK hospitality industryA British Michelin-starred chef says he is opening restaurants abroad...

The Guardian - UK News4 months ago
Fertiliser shortages to have dramatic effect on food prices, says Duke of Westminster’s firm
UK NewsBusiness

Fertiliser shortages to have dramatic effect on food prices, says Duke of Westminster’s firm

Powerful property and farming firm Grosvenor Group says knock-on effect of Iran war could arrive next yearFertiliser shortages caused by the Iran war have driven up costs for UK farmers by up to 70% a...

The Guardian - UK News4 months ago
Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges
UK NewsPoliticsBusiness

Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges

Cap of 20mph in towns and cities and 60mph on motorways would cut fuel demand and combat rising prices, IPPR saysBritain should lower speed limits for drivers as part of a package of measures to reduc...

The Guardian - UK News4 months ago
Trainline says Middle East tensions hitting European rail bookings
UK NewsPoliticsBusiness

Trainline says Middle East tensions hitting European rail bookings

Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year Business live – latest updatesTrainline has said the US standoff with Iran is hitting its rev...

The Guardian - UK News4 months ago
Up to 150 former WH Smith stores face closure, putting thousands of jobs at risk
UK NewsBusiness

Up to 150 former WH Smith stores face closure, putting thousands of jobs at risk

Modella Capital, which rebranded shops as TG Jones, unveils radical restructuring plan, including rent holidaysUp to 150 former WH Smith stores are likely to close, putting thousands of jobs at risk u...

The Guardian - UK News4 months ago
Airlines among companies using fuel surcharges to cover surge in costs, UK survey shows
UK NewsPoliticsBusiness

Airlines among companies using fuel surcharges to cover surge in costs, UK survey shows

Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra materials costsOil prices fall as Trump hails ‘progress’ on Iran dealAirlines and other comp...

The Guardian - UK News4 months ago
JD Wetherspoon issues third profit warning this year as costs climb
UK NewsBusiness

JD Wetherspoon issues third profit warning this year as costs climb

Chair Tim Martin says pub chain could miss expectations, in latest sign UK hospitality sector buckling under higher billsBusiness live – latest updatesThe boss of JD Wetherspoon has said the pub chain...

The Guardian - UK News4 months ago
UK regulator launches review of ‘aggressive’ claims management firms amid compensation concerns
UK NewsBusiness

UK regulator launches review of ‘aggressive’ claims management firms amid compensation concerns

FCA focuses on marketing, misleading ads, unfair exit fees and people being signed up without their permissionThe City regulator has launched a review of claims management companies amid concerns that...

The Guardian - UK News4 months ago