Articles tagged “uk”

UK Hotels and Restaurants Are Cashing in on Consumer Spending Boom

UK Hotels and Restaurants Are Cashing in on Consumer Spending Boom

Scott Hamilton, Bloomberg

While UK consumer spending on items such as hotel stays are up, the full impact from Brexit -- potentially causing economic hardship for many Britons -- has yet to be felt.

4 days ago

Take Monarch Air’s Profit Predication With a Pinch of Salt

Take Monarch Air’s Profit Predication With a Pinch of Salt

Patrick Whyte, Skift

EBITDA is a pretty useless at telling you anything about the real profitability of a company. We’ll have to wait until it publishes audited accounts sometime next year.

2 months ago

Heathrow Offers Homeowners Cash in a Bid to Speed Up Runway Build

Heathrow Offers Homeowners Cash in a Bid to Speed Up Runway Build

Christopher Jasper, Bloomberg

Despite getting government approval for expansion, Heathrow still faces considerable opposition from locals, politicians and environmentalists. It will do anything it can to improve its chances of actually getting a new runway built.

2 months ago

Disrupting Brexit Is the UK Tech Industry’s Biggest Challenge

Disrupting Brexit Is the UK Tech Industry’s Biggest Challenge

Patrick Whyte, Skift

While an attempt by tech leaders in the UK to try to maintain the country’s position as a hub is laudable, the direction the current government is heading in means that many of its key suggestions are likely to be ignored.

2 months ago

The UK’s Brexit Strategy Should Terrify the Travel Industry (But It Doesn’t)

The UK’s Brexit Strategy Should Terrify the Travel Industry (But It Doesn’t)

Patrick Whyte, Skift

The travel industry needs to wake up. Five months have passed since the Brexit vote and the UK government has still to spell out its plans. The British travel industry has been a huge beneficiary of many of the initiatives brought in by the EU and stands to lose out if it does not play a part in mapping out the future.

3 months ago

Scotland Seeks Its Parliament’s Intervention Before Brexit Talks Proceed

Scotland Seeks Its Parliament’s Intervention Before Brexit Talks Proceed

Associated Press

Scotland voted to stick with the UK and is adamant about remaining with Europe, too.

3 months ago

U.K. Woos Indian Investors With Expedited Visas in Post-Brexit Strategy

U.K. Woos Indian Investors With Expedited Visas in Post-Brexit Strategy

Tim Ross, Bloomberg

The UK is already looking to hedge its post-Brexit losses by enhancing ties to Indian investors through preferential visa policies. There doesn't seem to be much of a trickle-down policy in terms of reassuring students from India, though, who have been foreclosed from attending university in the UK.

4 months ago

UK Judges Tell Uber It’s Kidding Itself That It’s Not a Taxi Service

UK Judges Tell Uber It’s Kidding Itself That It’s Not a Taxi Service

Jeremy Hodges and Jeremy Kahn, Bloomberg

A victory of common sense over the worst kind of Silicon Valley BS. Far too many companies want to say they are something they are not in order to avoid responsibility to both employees and customers.

4 months ago

After Years of Delays, UK Government Gives Go-Ahead For Heathrow Expansion… Again

After Years of Delays, UK Government Gives Go-Ahead For Heathrow Expansion… Again

Christopher Jasper and Thomas Penny, Bloomberg

The UK government's backing of Heathrow over Gatwick is only the first step. The same thing happened in 2003 and 2007. The airline industry should expect years of squabbling and judicial reviews to further hold up the process of building a new runway in the south east of England.

4 months ago

Tourists See England as One Big Sale Sign Right Now

Tourists See England as One Big Sale Sign Right Now

Danica Kirka and Paul Traynor, Associated Press

Until UK retailers adjust prices, the country will attract visitors happy to spend as much or more than in the past, yet walk away with so much more.

4 months ago

Conference Planners Show Surging Interest in London Since Brexit

Conference Planners Show Surging Interest in London Since Brexit

Greg Oates, Skift

Demand for conference space in London is always high, but price considerations usually tend to dampen some of that excitement. With a 15 percent drop against the U.S. dollar though, suddenly post-Brexit London seems like a bargain, relatively speaking.

5 months ago

Ctrip CEO Interested in U.S. Potential and Sees a Brexit Boom

Ctrip CEO Interested in U.S. Potential and Sees a Brexit Boom

Dennis Schaal, Skift

Would the world's second-largest online travel agency in market cap, Ctrip, entertain the idea of entering the U.S. market to complement its sites in mainland China, Hong Kong and Singapore? The x's and o's are unclear but the idea isn't as far-fetched as it might seem given Chinese investment in the U.S. and the Ctrip CEO's statements about his interest in the U.S. market

6 months ago