Heathrow: Fresh ‘kiss and fly’ charge hike slammed as ‘blatant raid’
Heathrow intends to raise per-passenger charges from £5 to £6 in January next year, a move which follows previous hikes in 2024.
Dan Loeb’s Third Point weighs ‘strategic options’ after pressure from activist investors
Hedge fund Third Point investment trust has identified “a number of credible strategic options” to boost its share price following a strategic review led by activist investors. In April, the trust
Fresh legal twist in Wimbledon expansion saga
Wimbledon chiefs have begun a legal process in a bid to see off any lingering threat of a challenge to their £200m expansion plans for the world famous tennis club. Opponents of the scheme want to us
Ashtead launches buyback amid FTSE 100 departure
FTSE 100 giant Ashtead has launched a $1.5bn (£1.2bn) share buyback after announcing yesterday it would be switching its primary listing to the US. In a stock exchange notice today, the construction
Cohort’s order book hits record amid booming defence spending
AIM-listed defence group Cohort has reported strong half-year results, attributing its performance to conflicts in Europe and the Middle East and “heightened international tensions” in the Asia-Pa
Vodafone hit with £120m legal action by UK franchisees
A group of Vodafone franchisees across the UK have launched a multi-million pound legal action against the telecoms giant over "bad faith" business practices
Tui profit jumps but growth set to slow
Shares in Tui fell on Wednesday despite full-year profit rising by a third on strong demand for its wide-ranging travel offering.
HSBC plots $3bn cost savings in new chief’s restructuring
HSBC is reportedly hoping to realise at least $3bn of cost savings as part of its biggest restructuring in a decade under new chief executive Georges Elhedery. Europe’s biggest lender aims to comple
S&U says Budget and motor finance scandal weighing on performance
S&U said the Budget and a scandal over motor finance commissions have dragged on the specialist lender’s financial performance. Anthony Coombs, a former Conservative MP who has been S&U’s chair fo
Heathrow Airport to cap off year in record style
Heathrow said it served 6.5m passengers in November and on Wednesday forecast December would also be a record breaker.