Virgin accuses Heathrow of ‘abusing its power’ as British Airways weighs in on CAA decision to fix price cap March 8, 2023 A war of words has broken out between Heathrow Airport and major carriers Virgin Atlantic and British Airways, following the Civil Aviation Authority’s decision to fix the passenger price cap. The regulator confirmed the average maximum price per passenger will fall by about 20 per cent from £31.57 per passenger in 2023 to £25.43 per [...]
Royal London: Insurer’s profits up 58 per cent as asset troubles offset by pensions growth March 8, 2023 Royal London today said it successfully boosted its profits by 58 per cent in 2022 in the face of “difficult market conditions”. The insurer saw its operating profits jump to £210m as the adverse impacts on its asset management arm were offset by strong performances across the rest of its business. Royal London, the UK’s [...]
Heathrow: CAA confirms airline price cap and £3.6bn investment in passenger security and new baggage systems March 8, 2023 The UK Civil Aviation Authority (CAA) has confirmed that the cap on how much Heathrow Airport can charge airlines will remain fixed at the level set earlier this year. The UK Civil Aviation Authority published its final decision for the annual caps that will apply to the charges that Heathrow Airport Limited levies on airlines [...]
Female tech founders bag £3.6bn despite wider investment slump March 8, 2023 Venture capital investment into tech firms founded by women jumped last year despite soaring inflation and volatility sparking a slowdown in funding across the sector, new figures reveal. Female founders shrugged off the downturn that hit the UK’s tech sector last year and bagged some £3.6bn of VC, up from £2.9bn the previous year, according [...]
Celebrating women in wine this International Women’s Day March 7, 2023 This International Women’s Day we take a look at some of the women helping to revolutionise the industry – and their most deliciously drinkable bottles When attending a wine event, it is not uncommon to be met with a sea of men. The occasional woman is like a beacon, nodding in solidarity across the room. [...]
Malware attacks on UK government devices up by 75 per cent, report reveals March 7, 2023 Malware attacks on UK government ‘internet of things’ devices have risen by 75 per cent, a new report has revealed. Attempted attacks on the so-called internet of things (IoT) devices used by UK government facilities and departments jumped from 38,334 in 2021 to 67,324 in 2022, according to a report by US cybersecurity company Sonicwall. [...]
Mother’s Day 2023: things to do in London March 7, 2023 Mother’s Day rolls around on Sunday 19 March and plenty of London’s restaurants and bars are running special events to celebrate. Whether you’re keeping it casual or making big plans, it’s worth planning ahead as restaurants often book up ahead of time. Here are the best things to do in London this Mother’s Day, whatever [...]
Slack to offer users a ChatGPT AI tool which will write messages for them ‘in seconds’ March 7, 2023 Slack customers will get “new superpowers” after the app unveiled a ChatGPT AI tool aimed at boosting millions’ of its users productivity. The messenger service’s owner Salesforce has teamed up with ChatGPT’s developer OpenAI, a Slack customer, to offer the artificial intelligence chatbot to the system for the first time. ChatGPT is an AI chatbot [...]
Sleepy crypto markets as Fed Chair heads to Congress March 7, 2023 Bitcoin is trading for $22,422 this morning, up by a barely noticeable 0.13% as markets continue to move sideways.
Greggs on a roll: Baker will boost its UK sites to 3,000 as later opening proves a hit with steak bake lovers March 7, 2023 Steak bake favourite Greggs said it expected to become a “significantly larger” business as it announced plans to grow its presence to 3000 sites following stellar sales figures. The budget bakery chain saw total sales up 23 per cent to £1.5bn in 2022, compared to £1.2bn the previous year, as consumers craved the brand’s new [...]