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Matthew Davies

Matthew Davies


Articles

A Total tanker vehicle with sustainable aviation fuel. SAF is currently six times more expensive than fossil alternatives and two UK airline bosses have called on the government to take on some of the price risk. Reuters
BA and Virgin plead for help to reach 'Jet Zero'

Airline chief executives tell the Sustainable Skies Summit that SAF price and revenue stability are essential

AviationMay 15, 2024
An employee inspects unpolished diamonds at the De Beers SA headquarters on Charterhouse Street in London. Getty Images
Anglo break-up could take sparkle out of London market

Anglo American's break up could mean the London Stock Exchange loses the jewel in its mining sector crown

BusinessMay 15, 2024
Kingdom set to agree to £3 billion of ongoing investment in north-east England where it has a high-profile role as owner of Newcastle United. AMA
UK launches major trade push in Saudi Arabia at Riyadh talks

Kingdom set to agree to £3 billion of ongoing investment in north-east England where it has a high-profile role as owner of Newcastle United

BusinessMay 13, 2024
A British Airways Airbus A380 jet takes off at Heathrow. The airline's owner, IAG, has impressed analysts with its first-quarter figures. Photo: Heathrow
Earnings soar higher at British Airways owner IAG

International Airlines Group said higher sales and lower fuel costs boosted its first-quarter figures

AviationMay 10, 2024
The City of London. The services sector grew by 0.7 per cent in the first quarter as the UK emerged from a technical recession. Photo: City of London Corporation
UK emerges from recession after 0.6% growth

Britain's economy grew more than expected in the first quarter of the year, ending the technical recession it fell into in 2023

BusinessMay 10, 2024
The mansion in Lyall Street, Belgravia. Photo: Beauchamps Estates
London mansion with hint of historical scandal on sale for £23.5m

Having played host to royalty and socialites, this Belgravia mansion was linked to the disappearance of Lord Lucan

PropertyMay 10, 2024
The Bank of England in London. Many economists have said that interest rates may stay at 5.25 per cent for longer than initially predicted. Bloomberg
Only two UK rate cuts forecast in 2024

As the Bank of England keeps the cost of borrowing at 5.25%, a think tank predicts no rate cuts until August and forecasts the next British government will have to raise taxes

BusinessMay 08, 2024
Britain's Prime Minister Rishi Sunak with Wayve Technologies co-founder and chief executive Alex Kendall alongside an autonomous car in London. AFP
UK driverless car company Wayve raises $1 billion in funding

SoftBank, Nvidia and Microsoft are putting money into the British start-up as it looks to accelerate its quest to integrate AI into vehicles

BusinessMay 07, 2024
The Family Office of UK Sotheby's International Realty offers ultra-rich clients access to a wide range of services, including real estate, wealth management, luxury assets and legal advice. Getty images
Sotheby's launches upgraded service for ultra-wealthy clients

The Family Office will connect the global super-rich to trophy assets in real estate, jewellery, art and cars through the auction house

BusinessMay 06, 2024
ArcelorMittal employs about 800 people at Chatham Docks. Photo: Association of Chatham Docks Commercial Operators
ArcelorMittal warns one of its main divisions could quit Britain

The steel firm has suggested that one of its divisions may leave the UK if a planning application to redevelop docks in the south-east of England is approved

BusinessMay 06, 2024
Traders on the IG Index trading floor in London. London shares hit several record highs this week on low valuations, a weak pound and a takeover bid for Anglo American. Reuters
Bumper but no revival: London stock market’s ‘fantastic’ week

FTSE 100 breaking records, takeover bids and strong corporate earnings turn sentiment positive

MarketsApril 27, 2024
The KPMG offices in London, England. The 'Financial Times' says KPMG has withdrawn job offers to foreign graduates because the starting salaries fall below the government's new threshold for sponsored visas. Getty Images
KPMG withdraws job offers to foreign graduates after visa salary rules change

British government increased the salary thresholds for skilled worker visas above some of the starting graduate pay levels at the 'Big Four' firm

BusinessApril 25, 2024
Travellers pass through the international arrivals gate at Terminal 5. A record 18.5 million passengers passed through Heathrow in the first quarter of 2024. Getty Images
Record passenger numbers help Heathrow to £83m profit

Passenger numbers grew 9.5% in first quarter to 18.5 million, with strong demand from India and North America, prompting the airport to predict a record 2024

AviationApril 24, 2024
Wind turbines on Eaglesham Moor, south-west of Glasgow. Britain needs far more investment to help it hit net-zero targets. AFP
UK energy sector’s ticking time-bomb to hit net-zero targets

Call for more investment as uncertainty surrounding interest rates and government policy are a major concern, according to the Resolution Foundation

EnergyApril 22, 2024
The National takes a look at the side of Heathrow Airport that passengers never see. Illustration: The National
Inside Heathrow: What it takes to handle 79 million passengers a year

More than 400 companies, around 80,000 workers: managing - and making money out of - a modern airport is a monumental challenge. We found out how it's done...

AviationApril 19, 2024
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