City and finance

Transport secretary Louise Haigh: 'This govt is not anti-flying'

Transport secretary Louise Haigh backs the aviation industry and airport expansion, telling conference Britain’s growth ’depends on you’

Heathrow boss: 'Airport expansion decision to be made next year'

Heathrow’s chief executive Thomas Woldbye has said a decision on a third runway will be made next year but needs the backing of the industry and government

Travel urged to seek new allies in Westminster and not 'give up' on government

The former chair of parliament’s transport committee told Aito conference delegates to engage with the ’raft of new MPs’ in Westminster to seek new allies for the industry

SPAA puts business rate reform top of Scottish Budget wish list

The SPAA has set out its wish list for the Scottish government ahead of the forthcoming Budget on 4 December

Poll: Will the recent Budget help or hinder your business?

Billed as a once-in-a-parliament reset to the nation’s finances, last month’s Budget saw chancellor Rachel Reeves deliver reforms that could have wide-ranging implications for how the travel trade goes about its business

Glasgow, Aberdeen and Southampton airports to expand under new owner

The new owner of Glasgow, Aberdeen and Southampton airports promises more routes and investment at each

Tui bosses given vote of confidence to press ahead with transformation

Tui has confirmed new three-year contracts for its group chief executive and finance boss, allowing them to continue with a wide-ranging effort to transform Tui’s business

Budget to push up Hays Travel's business costs by more than £6 million

Dame Irene Hays says increases in minimum wages outlined in the Budget will mean ’a significant hike in salaries’

Air India absorbs former rival carrier and confirms Singapore Airlines stake

Air India Group has completed the latest stage of its privatisation revamp, absorbing former rival Vistara and confirming Singapore Airlines involvement

Low-cost travel era ‘evolving into era of value travel’

A panel of experts at WTM London said post-Covid prices were moderating, and that low-cost travel was not dead

Strong summer for British Airways helps offset Aer Lingus strike headwinds

British Airways delivered a more than €300 million financial boost for parent IAG this summer, offsetting challenges for Irish stablemate Aer Lingus and helping the group record a 15.4% increase in operating profit

Tourism minister pledges to amplify outbound sector's voice at government level

Speaking to TTG at WTM London, tourism minister Sir Chris Bryant pledged to invite more outbound industry members onto a key government committee, saying he wants to listen

'Stage set for real spending growth' as travel tops consumers' priorities

Growth in consumer spending with travel agents slowed a little in October despite an overall uptick in spending on travel, which consumers have ranked as their number one discretionary spending priority

C&M Travel Recruitment directors complete management buyout

Managing director Basia Kolosinska and sales director Duncan Tingle have acquired former chair Angus Chisholm’s stake in the business to take full control of C&M

'An exciting next phase of growth': Inside Travel Group attracts £20 million in fresh investment

The group, which operates the InsideJapan and InsideAsia brands, has partnered with B Corp specialist investor Piper and Japan’s sovereign wealth fund Cool Japan Fund

First Class Holidays acquires African Pride and Knighton Reeve

Tailor-made specialist said the acquisition would enhance its long-haul portfolio

'Travel won't be happy with the Budget, but it could have been much worse'

Legal advisor to the Association of Atol Companies, Alan Bowen, runs over the key announcements in chancellor Rachel Reeves Budget statement on Wednesday (30 October)

'A steep climb to stand still': travel reacts to 'punishing' Budget

Travel’s senior leaders have delivered their verdict on the Budget, which saw chancellor Rachel Reeves increase APD, National Insurance and the minimum and living wages, and promise business rates reform

What will the chancellor's Budget statement mean for travel?

Chancellor Rachel Reeves has unveiled the first Budget of the new parliament, billed as a ’once-in-a-generation’ reset of the country’s finances

Budget 2024: What does the travel industry want and need from the chancellor today?

The travel industry has laid out what it would like to see in Wednesday’s crunch Budget (30 October) as chancellor Rachel Reeves prepares the new government’s first taxing and spending plan

Aspen Travel owner ready to sell up after more than 30 years

Brendan Clancy, who recently turned 70 and is looking to retire, is seeking buyers for his Greater Manchester-based retail and online business

Youtravel axes all bookings from 1 November onwards owing to FTI collapse

All bookings with travel dates from 1 November onwards would be cancelled as no final decisions have been made regarding Youtravel’s future

Frantic fortnight of travel firm sales expected ahead of Budget

Company owners are racing against the clock to seal mergers and acquisitions ahead of the Budget on 30 October and expected tax rises, observers say

‘Positives’ for travel in new govt's first 100 days, says Abta

While the travel association warned of potential downsides to come in the Budget, it added the industry could draw some positives from the new government’s first 100 days