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City and finance

Travel agents helping drive post-Covid economic recovery – ONS
Travel and tourism sectors cited as major contributors to small growth in UK GDP in February
Holidaymakers urged to brace for Easter travel 'chaos'
Travellers are being warned about disruption to flights, train services and road travel, while there are ongoing concerns about P&O Ferries services
CAA writes to airports and airlines; plus, price of oil dips
The CAA sets out concerns over airport staffing levels as travel demand grows; elsewhere, though, there is some good news with a fall in oil prices
JetBlue makes surprise bid for rival US airline
JetBlue reveals plan to buy rival Spirit Airlines, trouncing bid by Frontier
Virgin Atlantic 'expecting to return to profitability in 2023'
’2022 will be a year of transition as we move from survival into recovery and capitalise on the return of customer demand,’ said the carrier’s financial chief
Airport chaos threatens Easter getaway as Covid rates hit record levels
Warning of hectic Easter getaway owing to levels of Covid staff absence at UK airports and surging passenger numbers
Intrepid Travel Group optimistic despite 2021 loss
Intrepid Travel Group continues with sustainability programme despite increased losses last year
Airport queues and flight cancellation chaos 'to continue'
Airlines and airports warn of continued problems over the coming days as staff shortages due to Covid affect service levels
Airport travel chaos and talk of new SME loans
Staff shortages continue to impact UK airports and airlines, with chaotic scenes at Manchester airport at the weekend and mass cancellations by easyJet
Israeli firm acquires Howard Travel and Erne Travel parent
Talma Shlomo Travel Solutions Summit Advisory snaps up TMC Norad Travel Group, owner of leisure agencies Howard Travel in Trowbridge and Erne Travel in Enniskillen
Summer 2022 could be as strong as 2019, says Tui
Bookings for summer 2022 at 80% of summer 2019 levels, group reveals
Second P&O Ferries ship detained as Shapps issues ultimatum
Authorities have detained a second P&O Ferries ship as the government prepares to take action against the ferry operator over its decision to sack 800 seafarers without consultation
P&O Ferries faces new legislation and self-employed sick pay calls
Parliament poised to act to block P&O Ferries’ sacking of 800 staff, while there are renewed calls for there to be more Covid support for the self-employed
Living standards set to plunge and PM wades into P&O Ferries row
Thursday’s headlines focus on chancellor Rishi Sunak’s Spring Statement, while Boris Johnson has said P&O Ferries’ sackings may be ’illegal’ despite evidence to the contrary
Chancellor unveils tax and NI measures in Spring Statement
Rishi Sunak detailed the higher National Insurance threshold to parliament, and warned the war in Ukraine would likely ensure costs continue to rise
Saga Group buoyed by cruise despite another travel loss
Saga’s travel division records another big loss due to the pandemic but sees better times ahead
Sunak faces Spring Statement pressure and Heathrow queue fury
Chancellor urged to take steps to ease cost-of-living crisis as he prepares to deliver ’mini budget’ on Wednesday, while passengers faced severe queues at Heathrow on Tuesday
Uniworld unveils 43-day river cruise and land touring trip
Journey will visit Egypt, India and south-east Asia in early 2023
Affordable Car Hire enters voluntary liquidation
Boss Angela Day has also stood down from her role as a director of the ITT
Butlin's parent eyes move for Parkdean – reports
Bourne Leisure and private equity investor Blackstone working on takeover bid for holiday park operator, The Times reports
BA parent secures exclusivity on future Air Europa deal
IAG has agreed to loan Air Europa owner Globalia €100 million over seven years to ensure it remains in pole position to acquire the Spanish carrier
Pressure builds on P&O Ferries and fuel duty cut
Government urged to act over P&O Ferries’ mass sacking while the chancellor is looking at ways to ease the cost-of-living crisis
Covid travel restrictions end, plus P&O Ferries outrage
All Covid travel rules ended at 4am this morning after nearly two years
Bank of England raises interest rates again
Interest rate rise adds to householders’ financial woes