Ryanair boss Michael O’Leary says high tax UK economy is ‘doomed’ Transport and infrastructure Michael O’Leary has said that the UK economy is “doomed to continue to fail” until the tax burden starts to come down. Asked on Sky News about what advice he would offer ahead of the Budget, the Ryanair chief said Rachel Reeves should reduce Air Passenger Duty (APD) and reverse “crazy” planned hikes to the [...]
Macquarie nears deal for slice of London City, Birmingham and Bristol Airport Transport and infrastructure Macquarie is close to a multibillion pound deal for stakes in London City, Birmingham and Bristol Airport. The Australian infrastructure investor is this weekend finalising terms with the Canadian pension fund Ontario Teachers’ Pension Plan (OTPP), according to the Sunday Times. OTPP owns 25 per cent stake of London City, 27 per cent of Birmingham [...]
Gatwick is worst airport for flight delays for second year in a row Transport and infrastructure Gatwick has retained its position as the UK’s worst airport for flight delays, as it continues to suffer from air traffic control (ATC) disruption. Departures from the West Sussex airport were an average of more than 23 minutes behind schedule in 2024, according to analysis of Civil Aviation Authority (CAA) data by the PA news [...]
Gatwick and Birmingham airport chiefs urge Rachel Reeves to tackle business rates threat December 5, 2024 Chief executives from Gatwick and Birmingham Airport have criticised Chancellor Rachel Reeves' planned changes to business rates.
Birmingham Airport to finally shake off demise of Thomas Cook and Flybe October 10, 2024 Birmingham Airport has said it is finally set to shake off the demise of Thomas Cook and Flybe as well as the impact of the Covid-19 pandemic. The transport hub increased its passenger numbers to 98 per cent of pre-pandemic levels in 2023, up from 86 per cent in 2022, and is now forecasting it [...]
