BRITISH AIWAYS, PLC

May 6, 2024

UK banks

Iran used Lloyds and Santander accounts to evade sanctions

...Both PCC and its British subsidiary PCC UK have been under US sanctions since November 2018....

February 5, 2024

FT Live

Future of Asset Management Europe

New fund firm models for Europe's resurgence

Executive Pay

AstraZeneca’s Soriot ‘massively underpaid’ at £16.9mn, says top shareholder

...Emma Walmsley, chief executive of AstraZeneca’s British rival GSK, earned £12.7mn in 2023....

April 9, 2024

International Airlines Group

British Airways owner IAG predicts another bumper summer

...British Airways owner International Airlines Group expects another record summer amid unrelenting demand from holidaymakers and as tech executives drive a recovery in business travel....

May 10, 2024

3i Group PLC

Britain’s biggest retailer isn’t British and isn’t a retailer

Last Action hero

May 10, 2024

Investments

Investors’ Chronicle: Associated British Foods, Mobico, Warpaint London

...Associated British Foods shares rose by 9 per cent after the Primark owner beat market expectations....

April 26, 2024

FT Live

Future of Retail

Securing long-term business growth with technology innovation

LexInternational Airlines Group

How a British Airways comeback may offer hope for legacy airlines Premium

...It has been a while since British Airways boasted it was the “world’s favourite airline”....

February 29, 2024

Associated British Foods PLC

Primark owner’s profits soar as investments provide boost

...Associated British Foods, which also owns food brands Ovaltine and Ryvita, posted a 37 per cent increase in pre-tax profit to £881mn for the six months ending March 2, up from £644mn a year earlier....

April 23, 2024

LexDS Smith PLC

DS Smith should find a better cardboard coupling at home Premium

...The British boxmaker said on Wednesday it had received a second all-share offer, this time from International Paper....

March 27, 2024

International Airlines Group

British Airways owner IAG posts record profits on travel boom

...British Airways owner International Airlines Group has reported record annual profits as it cashed in on “sustained” demand for leisure travel at high prices, including from holidaymakers filling business...

February 29, 2024

News in-depthCoronavirus

Insurance battles over UK Covid lockdowns rage on in courts

...The Association of British Insurers trade body declined to comment, although lawyers who act for insurers dispute Franklin’s characterisation....

May 13, 2024

British American Tobacco PLC

British American Tobacco to sell down stake in India’s ITC

...British American Tobacco said on Thursday that it was working on divesting some of its nearly 30 per cent stake in India’s largest tobacco company ITC, potentially paving the way for it to resume share buybacks...

February 8, 2024

LexUK retail industry

How Next is hoovering up fashion’s squeezed middle Premium

...The “squeezed middle” refers to British middle-income households that are too wealthy to access state support yet not affluent enough to survive recessions unscathed....

March 22, 2024

Investments

Investors’ Chronicle: Pan African Resources, Centrica, Dunelm

...BUY: Centrica (CNA) Adjustments abound, but the underlying view is of peak conditions for the British Gas owner, writes Alex Hamer....

February 16, 2024

UK Budget 2024

British American Tobacco chief embraces new UK vape tax

...The chief executive of British American Tobacco has endorsed the UK’s plans for a vaping tax, claiming the cigarette maker has learned to “love regulation”....

March 6, 2024

FT Live

Due Diligence Live

Where leaders in investment and finance meet

UK housebuilding

UK watchdog opens probe into 8 housebuilders over information sharing

...Ian Fletcher, policy director at the British Property Federation, said the study reinforced the sector’s call for “a better resourced and more streamlined planning system”....

February 26, 2024

Barclays PLC

Barclays chief calls for return of UK equity risk culture

...Banks needed to invest in stimulating British business, he added, by providing financing for early-stage companies to help them grow and eventually list....

April 25, 2024

British Airways PLC

British Airways turns to AI to improve flight operations

...British Airways is turning to greater use of artificial intelligence to improve its flight operations that have suffered a series of meltdowns in recent years....

December 14, 2023

Carbon offset

Carbon credits from cookstove emissions largely worthless, study finds

...A type of carbon credit used by companies including Eon, Shell, easyJet and British Airways in the past year to justify continuing to pollute through their own operations is largely worthless, a new study...

January 23, 2024

UK retail sales

UK retail sales rose at slowest pace since 2022 in February

...Total retail sales increased at an annual rate of 1.1 per cent last month, down from 1.2 per cent in January, said trade body the British Retail Consortium....

March 5, 2024

British Museum

British Museum strikes £50mn sponsorship deal with BP

...The British Museum has struck a £50mn sponsorship deal with BP, despite vocal opposition to the partnership from environmental campaigners....

December 19, 2023

FT Globetrotter

Stout and about: a Guinness pub crawl across London

...According to Rogers, it’s not an Irish pub, “it’s a British pub with an Irish accent”....

May 13, 2024

Airlines

European airlines strive to avoid another summer of chaos

...British Airways is under particular pressure to improve its operational performance, after only 60 per cent of its flights at London’s Heathrow airport were on time last year....

April 8, 2024

JD Sports Fashion PLC

JD Sports to deepen US reach with $1bn bid for Hibbett

...The British sportswear chain opened its first five US stores under the JD brand in 2018 following the $560mn purchase of Finish Line....

April 23, 2024

InterviewBritish Business Bank Plc

UK should not be ‘incubator economy’ for US, says British Business Bank

...The UK should not be an “incubator economy” that builds up new companies only for them to be sold off to overseas buyers, the new chair of the British Business Bank has said....

December 28, 2023

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