Empty planes: Omicron onslaught and travel restrictions hit Ryanair’s passenger number January 5, 2022 The number of passengers flown around Europe by budget airline Ryanair was down 7 per cent between November and December as travel restrictions were imposed amid the spread of the Omicron variant. The carrier said the number of passengers dropped to 9.5 million last month – the lowest since July and down from 10.2 million [...]
Tech Special: The jobs, sectors and countries most at risk of automation and robotics in 2022 January 5, 2022 Digital change and automation are driving enormous productivity gains in the world of work. However, the rapid changes mean many individuals, businesses and even entire nations will be hugely impacted by automation and tech, with some roles and jobs to be replaced by robots altogether. Many of the industries that are most at risk of [...]
Desperate travel sector demands all international Covid testing requirements are scrapped immediately January 5, 2022 All testing requirements for international travellers should be abolished immediately, the travel industry said this morning. Manchester Airports Group (MAG) and Airlines UK said research they commissioned into travel restrictions found domestic, not international, restrictions would be the only way to reduce the spread of Omicron. Pre-departure and day two PCR testing were reintroduced in [...]
Brits have to pay for entry to the EU from this year: Cash and pre-authorisation needed for post-Brexit trips to Europe January 5, 2022 Brits will have to start paying €7 per person and pre-register their details in order to enter the European Union from this year. Reports had surfaced in various European media in recent weeks that access to all Schengen EU countries would come at a cost from 2022, and when approached by Morning Wire this morning, [...]
Wave of cost of living concern sweeps across Britain January 5, 2022 A wave of concern over the soaring cost of living is sweeping across Britain, reveals fresh figures released today. Over half of households are worried the cost of living crisis will hit their living standards this year, according to research carried out by high street bank TSB. Nearly one in three Brits are concerned their [...]
Holiday notspot: Cyprus brings in harsher travel rules for UK arrivals January 4, 2022 Cyprus has introduced new travel rules for British travellers entering the country including daily tests and self-isolation on arrival.
Regulation: UK investors could face crypto asset crackdown in 2022 January 4, 2022 UK regulators including the Treasury and Bank of England have hinted at plans to turn the screws on crypto assets and NFTs in 2022.
London markets soar on first session of 2022 January 4, 2022 London markets soared today during the first trading session of the new year as investors take an optimistic view on Omicron. The capital’s premier FTSE 100 index shot up 1.63 per cent to close at 7,505.15 points during the first hour of trading, while the mid-cap FTSE 250 index, which is more aligned to the [...]
Exclusive: The challenges and hurdles City finance chiefs will face in 2023 January 4, 2022 Firms across practically every industry in the UK are facing a bleak economic winter ahead, but where is that playing out and what hurdles do the incoming storm clouds bring in 2023? City firms will be turning to one senior figure to understand these issue and look to keep the ship afloat – the Chief [...]
From price inflation and Brexit rows to Evergrande and Biden v Putin: Here are the market risks to watch this year January 4, 2022 The world is a pretty turbulent and unpredictable place at the moment, with Covid variants not making life easier. From tensions between Russia and the US over Ukraine’s NATO membership to Brexit conflicts and China’s Evergrande property scandal, 2022 is set to become everything but dull. So what developments and issues could disrupt or disturb [...]