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Avation

  • Exclusive: Record amount of tax contributed by insurance members of ABI

    Economics

    The Association of British Insurers has revealed its members contributed a record £18.5bn in tax to the UK’s public finances over the last financial year

    Mel Stride has criticised Rachel Reeves for her absence in Parliament as UK government borrowing costs soar, demanding: “Where is the Chancellor?”
  • West End: Tourist tax ‘disadvantage’ costs retailers hundreds of millions

    Business

    Retail business in London missed out on a projected £220m in the first half of 2024 due to the ongoing effect of the so-called tourist tax, despite continued growth in international visitor numbers. The number of international visitors to London was three per cent above pre-pandemic levels, but spending in the West End fell nearly [...]

    Shoppers have been buying in European hubs Milan and Paris instead of London due to the tourist tax
  • Aircraft leasing firm Avation sees profits cut in half

    aircraft leasing

    The company posted it unaudited results for the six months ended 31 December 2023, which saw revenue and other income at $46.3m (£36.6m), down from the $55.7m (£44m) it reported for 2022.

    Aircraft leasing firm Avation sees profits cut in half

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