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Alice Haine

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Articles

A Ryanair flight from Manchester arrives at Faro Airport on the first day that Britons are allowed to enter Portugal without needing to quarantine. Ryanair said bookings have risen from 500,000 a week in early April to 1.5 million a week now. Reuters
Ryanair expects summer travel rebound after posting record €815m annual loss

Airline bookings triple as boss Michael O'Leary says past year 'most challenging' in budget carrier's 35-year history

AviationMay 17, 2021
The Battersea Power Station residential project in London. Deals are on hold as Middle East buyers prefer viewing completed homes Getty
Flight curbs stop Gulf demand for London property from taking off

Britain's red list travel rule stops buyers from committing to sales, experts say

PropertyMay 17, 2021
Sanjeev Gupta, head of GFG Alliance. The company has relied heavily on Greensill Capital to fund its operations. AFP
Britain's Serious Fraud Office investigates Sanjeev Gupta's GFG Alliance

Watchdog probes 'suspected fraud, fraudulent trading and money laundering' in its dealings with Greensill Capital

EconomyMay 14, 2021
BA is the first airline to use Qmatic, with the three-month trial on selected flights departing from Heathrow’s Terminal 5 optional for passengers. Courtesy: British Airways
British Airways trials app to end queues at check-in counters

Airline is testing intelligent queuing technology from Qmatic to revolutionise post-pandemic travel

AviationMay 14, 2021
Technical staff members prepare one of the Rolls-Royce Holdings engines of a Boeing 787 Dreamliner aircraft operated by All Nippon Airways. Rolls-Royce is upbeat about the outlook for international travel as vaccination programmes ramp up around the world. Bloomberg
Rolls-Royce upbeat about international travel despite 60% drop in engine flying hours

British engineers’ cargo flights helped bolster demand during first four months of 2021

AviationMay 13, 2021
Protesters demonstrate against BP outside its headquarters during the company's annual shareholders meeting in London. The company aims to reduce greenhouse gas emissions from the oil and gas it produces to zero and cut the carbon intensity of its products in half by 2030. EPA
BP faces rising shareholder pressure over its climate change targets

A fifth of investors support activist group's demands for tougher emissions commitments

EnergyMay 13, 2021
Philip Jansen, chief executive of BT, said the company is now 'pivoting to consistent and predictable growth'. Getty Images
Favourable funding conditions help BT up 5G target by 5 million homes

Telecoms operator to connect 25 million households by 2026, creating up to 7,000 jobs

TechnologyMay 13, 2021
Britain suffered the worst contraction in more than 300 years in 2020 with the start of the pandemic forcing the closure of non-essential businesses, restaurants, shops and schools. Getty Images
UK economy will bounce back best after being among hardest hit

Britain suffered one of the worst global performances during the pandemic, contracting 9.8% last year

EconomyMay 12, 2021
A woman walks along the Thames path in front of City of London skyscrapers in London. A rise in output in March comes a year after Britain's GDP shrank almost 20% during the nationwide lockdown last spring. EPA
Britain’s economy shrank 1.5% in the first quarter

Rishi Sunak welcomes GDP growth of 2.1% in March as 'a promising sign of things to come'

EconomyMay 12, 2021
Wolfgang Ischinger, chairman of the Munich Security Conference, says Turkish President RecepTayyip Erdogan is used to winning elections, but that might change in the future. Reuters
EU told to improve relations with Turkey to boost role in Middle East peace process

Former German ambassador advises against abandoning Ankara

EuropeMay 11, 2021
Pupils make their way to class at Harrow School, an English independent school for boys in north-west London. School fee rises in Britain's private schools have been hampered by lockdowns. Getty Images
Rise in UK private school fees slows as demand from Gulf parents ramps up

Fees up 1.1% this year after the pandemic forced independent schools to cut or freeze charges during lockdowns

MoneyMay 11, 2021
The Debt Panel. Mona Al Marzooqi / The National
What borrowers have learnt from five years of The Debt Panel – Pocketful of Dirhams

Debt panellist Philip King of Abu Dhabi Islamic Bank shares his thoughts

Pocketful of DirhamsMay 11, 2021
Britain's eight new freeports, include Thames Freeport, a special economic zone that includes DP World-owned London Gateway port, as well as Tilbury port and a Ford factory in Dagenham. Getty Images
UK accused of freeports blunder as companies face export tariffs to 23 countries

Britain's eight new freeports include DP World-backed Thames Freeport

EconomyMay 10, 2021
A general view of skyscrapers in The City of London financial district. The National Institute of Economic and Social Research expects GDP to rise 5.7% this year. Reuters
UK pound surges as economy set to hit pre-pandemic levels by end of 2022

Growth will be 'brisk but not better' think tank warns, as poor Covid performance will scar economy

MarketsMay 10, 2021
May Day protesters demand more job protections amid the pandemic in Marseille, southern France. The jobless rate fell slightly across the eurozone in March to 8.1%. AP
OECD unemployment rate fell to 6.5% in March

Despite positive economic outlook, jobless rate remains 1.2% above pre-pandemic level

EconomyMay 10, 2021
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