The Bahamas also makes the news on Friday with plans to hold a referendum on whether to become a republic.
Here are the headlines affecting the travel industry on Friday 16 September.
Mini-budget to be revealed next Friday
Liz Truss will reveal a package of tax cuts next Friday, with a planned rise in corporation tax next year scrapped. Separately next week, more details will be given about the £150 billion energy bill bailout, with businesses waiting on tenterhooks for desperately-needed support. Insiders say energy firms will sign contracts with the government to lower bills. (The Sun)
Energy bill freeze a ‘game changer’ for consumer sentiment
The government’s plans to freeze consumer energy bills for two years is a potential “game changer” for consumer sentiment, the chairwoman of the John Lewis Partnership has said. Dame Sharon White said the intervention was “hugely” welcome as it reduces the “uncertainty and anxiety” suppressing confidence. (The Times)
Bahamas to hold republic referendum
The Bahamas is to hold a referendum on whether to remove the King as head of state and become a republic, said its prime minister Philip Davis. The prime minister of Antigua and Barbuda, Gaston Browne, said following the Queen’s death he will call for a referendum on the country becoming a republic within three years. (Daily Mirror)
Ryanair doubts Boeing delivery schedule
Ryanair’s boss Michael O’Leary has voiced doubts over Boeing’s ability to deliver an order of 737 Max aircraft. Ryanair has ordered 210 737 Max and received 73 by June, with a further 21 due by the end of this year. They are part of an additional order of 51, which was due by the end of April. O’Leary said Boeing “keep letting us down”. (City AM)