City and finance

Sunak gets to work, with new transport sec revealed

New prime minister’s appointment sees currency markets react favourably

Industry looks to Sunak to stop the economy hampering sales

Action from new prime minister urged amid signs travel’s recovery is slowing down and peaks at risk

Sunak to name new Cabinet, plus more rail strikes on the way

New government to be formed today as Sunak takes charge

New PM set to be anointed, plus Mexico hurricane

Rishi Sunk heading for No10 while Mexico is hit by Pacific hurricane

Truss quits after 44 days and Wizz Air’s long-haul plans

Prime minister resigns with another new leader set to be announced in a week

Jet2 secures £300 million loan facility to underwrite growth

Jet2 agrees £300 million revolving credit facility

TTNG offers members financial tools to combat cost of living crisis

Tips include negotiating better deals with banks, landlords and utility suppliers

PM on the brink and Shapps becomes home secretary

Political “chaos” dominates the headlines as the government suffers another day of turmoil

Loganair returns to profit after two years of Covid-induced losses

The Glasgow-based company released its audited accounts for the financial year on Wednesday (19 October)

Inflation soars again and more rail strikes

UK consumers are facing even higher prices as inflation tops 10%

Poll: Who should be in charge and how can they fix the economy?

Tell us who you think should be leading the country, and what they should do to dig us out of this hole

Hunt shreds PM's tax plans and power blackout warning

Tuesday’s headlines focus on the government’s ’astounding’ U-turn, which has seen new chancellor Jeremy Hunt reverse most of the PM’s tax plans

Truss fights for survival and pound recovers after more U-turns

PM faces crucial few days to save her so-far short-lived spell in Downing Street, with markets rallying on Monday ahead of more ‘mini-Budget’ U-turns

EasyJet holidays makes £35m profit in first full year

Strong performance of new tour operation boosts budget airline

BA owner boosted by 'better than expected' summer bookings

IAG sees share price rise following positive trading update

PM under threat fire as chancellor flies home to address economic strife

Liz Truss tipped to scrap ‘mini-Budget’ to calm markets as chancellor flies back from US early to focus on the situation

Latam hopeful of exiting bankruptcy protection ‘in the coming weeks’

Carrier nearing completion of protracted restructure, and expects to emerge with US $2.2 billion in liquidity and a reduction in debt of around 35%

EasyJet falls short of returning to full-year profitability

Carrier upbeat though of strong start to 2023 full-year with peak winter capacity back to 2019 levels and expected summer operating profits of up to £545 million

Plummeting pound drives up costs and Jet2 flight escorted

Sterling’s fall against a basket of currencies has made some destinations much more expensive, new research finds, while a Jet2 flight had to be escorted to Stansted overnight

What does the cost of living crisis really mean for travel?

These are the questions TTG will be asking in the latest Agenda 2022: New Year New Fears? seminar taking place on the afternoon of 1 November.

The free-to-attend event will begin at 2pm and will feature exclusive data collected by PwC and TTG examining consumer attitudes to travel in the current climate, as well as data from travel chief executives as to how confident they’re feeling about the months ahead.

Heathrow facing more disruption, plus Australia unveils new mascot

Heathrow mulls new capacity cap at Christmas, plus a strike threat hangs over the World Cup

Tanzer: 'Travel can look ahead with renewed confidence and ambition'

Abta chief fires warning shots at chancellor Kwasi Kwarteng and business secretary Jacob Rees-Mogg in Abta Convention opening address

Air France manslaughter case, plus easyJet hope of profit in doubt

French carrier to face court case following 2009 Rio crash, while easyJet is still expected to remain in the red when it reveals its full-year results on Thursday

UK winter blackouts warning and Easter Island statues damaged

Friday’s headlines focus on the prospect of three-hour power cuts during the coming months, while some of Easter Island’s famous statues have been damaged by fire