Page 43 - Guy Taylor News Today

The UK could benefit to the tune of £111bn and create over 629,000 local jobs by 2050 if it stays competitive as a hub for airlines

Fresh industrial action has been announced at Gatwick Airport later this month, with 230 ground handlers and assistance workers to walk out

Booming demand for hybrid working saw workspace provider IWG, which owns Regus, net a record £1.7bn in system-wide revenue in the first half, up 16 per cent year-on-year.

Rolls Royce reported a more than fivefold increase in half year profit this morning, as it cashed in on soaring demand for jet engines and defence technology.

Wizz Air said it carried a record at 15.3 million passengers in the three months to June, up 25.5 per cent on 2022, as the ultra-low cost airline swung into profit on the back of soaring demand for travel.

The UK chip sector cannot “recreate Taiwan in south Wales,” amid concerns the UK has not pledged enough investment to compete internationally.

Industrial action due to take place at Gatwick this weekend has been cancelled after the last group of union workers set to strike accepted an improved pay offer.

HMRC is pursuing Uber for £386m extra in VAT, after paying £615m to resolve a tax dispute last year.

Ryanair and Wizz Air both reported soaring passenger numbers this morning as the record breaking summer travel boom continued

Uber reported an operating profit for the first time in its history in its second quarter results today.