Image copyright Primera A budget airline that began offering long-haul flights from UK airports including Stansted to the US earlier this year has collapsed. Primera Air said it was ceasing all operations at midnight on Monday after 14 years of operations. Two flights to Washington and New York due to leave Stansted on Monday night …
Media playback is unsupported on your device Media captionTrump: ‘Without tariffs we wouldn’t be standing here’ President Donald Trump said a new trade deal with Canada and Mexico would bring thousands of jobs back to North America in a “new dawn” for US factory workers. Speaking at the White House, the President said the United …
Image copyright Reuters Royal Mail shares have fallen almost 15% in late trading after warning on profits in an unscheduled update. The post and parcel firm said addressed letter volume had fallen by 7% in the first half of this financial year. Meanwhile, cost savings would be £100m this year, compared with its previous forecast …
Image copyright Getty Images Losses at Deliveroo continued to rise last year as the delivery firm spent more on its global expansion plans. Pre-tax losses rose to nearly £185m in 2017, up from £129m the year before, which Deliveroo attributed to investments of £100m. But global sales more than doubled, jumping to £277m last year …
Image copyright Sainsburys Sainsbury’s is launching specialised beauty aisles in 11 stores as part of a renewed push into the beauty industry. The supermarket chain said it plans to re-launch its boutique cosmetics range and offer 1,500 new products from brands including Burt’s Bees and Essie. Eight of the new beauty aisles will be staffed …
Image copyright AFP Tesco Bank has been fined £16.4m by the UK financial regulator for failings surrounding a cyber-attack on its customers in November 2016. The Financial Conduct Authority said the bank had failed to exercise due skill, care and diligence in protecting its personal current account holders. The fraudsters got away with £2.26m. Tesco …
Image copyright Rrouse Image caption One tenant Rrouse said kitchen units fell off the wall in a property he lived in Tenants living in shared houses in England could face eviction or increases in rent because of changes to government rules, the National Landlords Association (NLA) has warned. From Monday an extra 160,000 houses in …
Image copyright Getty Images Restaurants will be legally barred from keeping tips from staff under plans to be announced by Theresa May on Monday. The move follows a public outcry in 2015, when it emerged that many High Street chains routinely took up to 10% of tips paid by credit and debit card. Most chains …
Image copyright Getty Images Many Britons feel they have to watch the pennies after recent inflation rises and years of flatlining wages. This extends to their supermarket shop, with four in 10 people reporting they are concerned about the cost of food. Against this backdrop, grocery giant Tesco has joined the discount retailers, which the …
Image copyright Reuters Ryanair has warned investors its full-year profits will be lower than expected, partly due to the recent wave of industrial action. The airline said its profits would be 12% lower than the €1.25-1.35bn (£1.2-1.11bn) previously forecast, and it now expects profits of between €1.1-1.2bn. Ryanair said this was due to higher oil …