Category: Business

Airline emissions in Europe top pre-Covid levels despite pledge to decarbonise

Promises to cut emissions and use more fuel-efficient planes fail to stop rise, with Ryanair’s carbon footprint 50% up on 2019Emissions from flying in Europe have now passed pre-pandemic levels, with Ryanair’s carbon...

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Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges

Cap of 20mph in towns and cities and 60mph on motorways would cut fuel demand and combat rising prices, IPPR saysBritain should lower speed limits for drivers as part of a package of measures to reduce the impact of the Iran war...

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Trainline says Middle East tensions hitting European rail bookings

Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year Business live – latest updatesTrainline has said the US standoff with Iran is hitting its revenues, with rail...

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Airlines and companies using fuel surcharges to cover surge in costs, UK survey shows

Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra cost of metals and plasticsBusiness live – latest updatesOil prices fall as Trump hails ‘progress’ on...

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Reinstate windfall tax on banks after surge in profits, TUC urges

Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter An increased windfall tax should be imposed on the UK’s largest banks according to trade union...

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