Meanwhile, two travel-associated brands – Patagonia and Quintessentially – also make headlines, one cash-rich and planning to use funds to fight climate change and the other facing financial challenges.

Here are key headlines travel woke up to on Thursday 15 September.

Falling fuel costs ease inflation rate

The rate of inflation eased slightly to 9.9% in the 12 months to August, aided by a fall in fuel costs. The Office for National Statistics said the fall was the main factor in the dip from the 10.1% seen in July. Rising food prices are the main reason the overall inflation figure remains high. (Sky News)

Quintessentially’s future in doubt

Quintessentially, the upmarket concierge and travel brand, has been forced to warn about its ability as a going concern, having relied on a loan from a US shareholder to trade through the pandemic. Delayed financial statements for 2020 filed this week showed the business in a precarious position during the pandemic, with just £173,000 in the bank. (Financial Times)

Patagonia brand to fund climate change fight

The billionaire founder of the outdoor clothing firm Patagonia has given away his company to a charitable trust. Yvon Chouinard said under a new ownership structure any profit not reinvested in running the business would go to fighting climate change. This will amount to around $86 billion a year, he claimed. (BBC News)

Night trains for royal mourners

The Rail Delivery Group has said operators will put on limited night trains to help mourners travel to London to pay their respects to Her Majesty Queen Elizabeth II as she lies in state. (BBC News)