City and finance

Hays Travel hails prompt return to profit after Thomas Cook acquisition

Hays Travel makes profit despite continued effects of pandemic

Streets behind: How can agencies evolve to reclaim the high street?

As footfall on the UK’s high streets declines, Gary Noakes explores how agencies can evolve to make the most of new legislation and digitisation

Norwegian Air sees September bounce back as passengers return

Norwegian reports high September loads as it continues its recovery

Hong Kong’s free flights and PM’s energy plea

Destination will give away free airline tickets to try to kickstart its tourism industry

Tech firm snaps up luxury operator to accelerate push into travel

Booked it Group follows acquisition of Party Hard Travel in April with move for More Life VIP

Tories in 'open warfare' and more rail strike chaos

Wednesday’s headlines focus on PM Liz Truss’ woes ahead of her crucial conference speech, while a new round of rail strikes is under way

Heathrow poised to lift capacity cap while Truss faces new rebellion

Airport is set to finally remove its daily passenger cap later this month, while prime minister Liz Truss is facing more internal Tory party battles

Hays Travel hands back Covid loan facility unused

Dame Irene Hays remains optimistic of a strong turn-of-year, despite the cost of living crisis and reports of a lack of trust in the sector

Government's tax U-turn, and plunging pound lures US visitors

Monday’s headlines dominated by govt’s sudden decision to abandon plans to axe the 45p tax rate

Trailfinders rules out imposing surcharges despite weak pound

Agency issues message of reassurance to clients amid UK’s economic turmoil

Fresh Hurricane Ian warning and Australia to end Covid isolation

US braces for second hit from Hurricane Ian as storm gathers strength again, while Australia is ready to end mandatory isolation for Covid-19 cases

Outbound travel could grow by 15% over next five years – Abta

Association says ’with the right tax and policy framework’, the industry could grow by 15% by 2027 compared with pre-pandemic levels

Hurricane Ian hits Florida, plus Qatar executive 'tortured'

Hurricane Ian devastates coastal areas of Florida and is heading north into the centre of the state

Just how big are the UK's economic problems – and what do they mean for travel?

With sterling crashing, interest rates rising and fuel bills soaring, whatever happened to that post-pandemic wave of optimism?

More warnings about UK finance, plus Hurricane Ian hits Cuba

International Monetary Fund urges UK to change economic course to avoid high interest rates and further hardship

Virgin boss on currency crisis: Customers may trade down but they will still travel

Shai Weiss says government should act to halt sterling’s slide

Boom in travel demand as sterling slumps to new lows

Pound falls to its lowest level against the dollar since the 1970s, just as a fresh wave of post-pandemic travel demand takes off

Leger Shearings Group acquires Arena Travel out of administration

The group confirmed Arena staff will retain their jobs and the firm’s bookings will go ahead

Three ways the government's 'mini Budget' will impact travel

How will the changes announced by chancellor Kwasi Kwarteng affect the industry?

Tax cutting bonanza and Japan to lift travel restrictions

The government’s plans to dramatically cut taxes in a ’mini Budget dominate Friday’s headlines

Sterling now lowest against the dollar since 1985

The pound falls to a record low against the US dollar

Businesses welcome energy support but interest rates still set to soar

More economic news dominates Thursday’s headlines, with interest rates set for their highest rise for 30 years

Government confirms energy cost help for businesses

Rise in business energy bills to be kept in line with domestic increases, government confirms

Businesses await energy price plan and train strikes return

Attention turns to government’s attempts to help firms deal with sky-high energy bills, while rail strikes postponed due to the Queen’s funeral will take place early next month