Virgin Atlantic uses Heathrow slots as collateral for $745m Apollo loan November 13, 2025 Virgin Atlantic has borrowed $745m (£564m) from alternatives giant Apollo in a groundbreaking private credit deal that will see the airline use the value of its landing slots at Heathrow as collateral. Virgin said it would use the funds to pay down a legacy debt and make upgrades worth hundreds of millions of pounds to [...]
‘Sower of chaos’ – Russia behind UK cyberattacks, says Cloudflare boss October 30, 2025 The recent spate of cyberattacks that have crippled British firms is largely being carried out by Russia, which used the outbreak of the conflict in Gaza as a “cover story” to deflect attention, the boss of one of the world’s largest cybersecurity firms has said. Cloudflare chief executive Matthew Prince told Morning Wire that the [...]
Third runway shortlist revealed as ministers push for fast take-off October 22, 2025 The transport secretary has shortlisted two potential operators to oversee the development of Heathrow’s third runway as part of an overhaul of the planning process that she hopes will speed up the megaproject’s delivery. Heidi Alexander told MPs on Wednesday that bids from incumbent operator Heathrow Airport Limited (HAL) and the ‘Heathrow West’ proposal from [...]
The government must green light Heathrow’s plan for expansion October 10, 2025 A third runway at Heathrow will be a shot in the arm for growth, and it’s clear that the airport’s own, shovel-ready plan is the only viable one around, says John Dickie With party conference season wrapping up, all eyes are now turning towards the Autumn Budget and how the government can turn its growth [...]
Heathrow passengers hit by second day of disruption after cyber attack September 21, 2025 London Heathrow, the UK’s busiest airport, is grappling with a second consecutive day of disruption after a cyber attack on a critical airline IT system forced carriers to abandon automated check-in and boarding. The problems began late on Friday when Collins Aerospace, a US-based supplier of airline technology, confirmed its Muse system, which allows multiple [...]
Cyber attack hits Heathrow and European airports September 20, 2025 A cyber attack has caused flight delays at Heathrow and several European airports, with problems lasting for hours on end. Airports in London, Berlin and Brussels have warned passengers that their flights may be delayed due to technical issues in check-in and boarding systems. The software provider, Collins Airspace, was suffering a technical issue for [...]
Businesses are Reform-curious on eve of Birmingham conference September 4, 2025 Nigel Farage’s poll-topping party has attracted more businesses than ever to its annual conference this week. But, writes Ali Lyon, some corporations and industry bodies are still steering clear of the party, citing its unpredictability and the conference’s unorthodox format. With his party boasting a consistent poll lead, and a general election just weeks away, [...]
Rival Heathrow bid drafts in Changi in effort to win runway contract September 2, 2025 The man behind an ambitious plan to break up Heathrow’s decades-long monopoly has partnered with the world’s number one airport to bolster its bid to win the much-coveted contract to build the hub’s third runway. Surinder Arora, the hotel tycoon behind a rival expansion bid dubbed Heathrow West, has drafted in the help of experts [...]
Landsec sells government office building to hotel giant August 18, 2025 A Westminster building owned by property giant Landsec, which has played host to major government offices, has been sold to a group bidding to lead Heathrow Airport’s expansion plans. The sale of Queen Anne’s Mansions, located in SW1, by Landsec marks a major step in the property firm’s ambition to sell off £2bn of its [...]
Laing O’Rourke: Heathrow Terminal Five builder doubles profit August 4, 2025 Laing O’Rourke, the construction giant behind Heathrow’s Terminal Five, more than doubled its profit during its latest financial year. The business has posted a pre-tax profit of £41.5m for the 12 months to 31 March, 2025, up from the £18.1m it reported for the prior year. The profit comes after Laing O’Rourke lost £288m in [...]