UK News ALEX BRUMMER: Flight plans kept on hold

02:50  23 october  2020
02:50  23 october  2020 Source:   dailymail.co.uk

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Alex Brummer , who lives under the Heathrow flight path welcomes the plan to develop a third runway at the London airport. That is why I fully support the wise and unanimous decision of Sir Howard Davies and his Airports Commission to plump so firmly for an additional full-length north-west runway at

ALEX BRUMMER : An estimated one million people watched as Alan Cobham landed his plane on the River Thames in 1926, having travelled to London ALEX BRUMMER : As corporate vultures swoop on aerospace giant Cobham, we must win this dogfight for a firm 'Biggles' built into a British high-flyer.

a plane flying in the sky: MailOnline logo © Provided by This Is Money MailOnline logo

Another day and another generous assistance package for hospitality enterprises in higher tier areas.

As important as it is that these firms are kept afloat and jobs for younger workers are conserved, it is hard not to be puzzled about where economic priorities lie.

Northern mayors seem to have been highly effective in pushing the Chancellor Rishi Sunak towards ever more expensive bail-outs.

a large air plane flying in the sky: Airlines rightly are outraged that testing capacity has not been ramped up, with Public Health England claiming it would only pick up 7 per cent of cases for people coming into the UK © Provided by This Is Money Airlines rightly are outraged that testing capacity has not been ramped up, with Public Health England claiming it would only pick up 7 per cent of cases for people coming into the UK

But it would be nice to think that the same amount of effort had been put in by Transport Secretary Grant Shapps towards getting Britain back in the skies.

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ALEX BRUMMER : At social gatherings of British Jews, all the talk is of which country to flee to if Corbyn becomes PM. More recently, there has been a flight from France, where the rise of the Right-wing National Front, together with attacks by Islamic extremists on Jewish targets, made life feel

ALEX BRUMMER : The fact is that, as Britain looks to become more global in the post-Brexit era, it desperately needs more runway capacity in the prosperous Capacity constraint leads to higher emissions per flight , not lower. It also means that London’s role as a hub for global traffic, with all the

It is incomprehensible that it is only in the last week that a pay-as-you-fly testing system has been established at Heathrow for travellers to Italy and Hong Kong.

The damage done to aviation and business travel in particular is devastating. The third quarter loss for BA owner IAG climbed to £1.3billion much larger than forecasts.

IAG chairman Luis Gallego, who took the controls in September, revealed the group would be working at 30 per cent of capacity in the coming months, against previous 40 per cent guidance.

The chances of IAG becoming cash flow positive in the final quarter have been dashed.

Airlines rightly are outraged that testing capacity has not been ramped up, with Public Health England claiming it would only pick up 7 per cent of cases for people coming into the UK.


  ALEX BRUMMER: Rolls-Royce Early on in the pandemic, the Chancellor Rishi Sunak was adamant that there would be no bail-outs for firms which had other options. Supplicants seeking funds were told to exhaust all possibilities.Virgin Atlantic and other supplicants seeking funds were told to exhaust all possibilities, including rich proprietors.

ALEX BRUMMER : In a few short months, two Japanese firms, Toshiba in Cumbria and now Who will keep the lights burning in Britain? That's the question we must all ask after Hitachi withdrew from the Hitachi has also put on hold plans for a nuclear power station at Oldbury in South Gloucestershire.

By Alex Brummer for the Daily Mail. Published: 21:55 BST, 24 November 2016 | Updated: 21:55 If it goes ahead, it will leave the Edinburgh-based flight search-comparison firm in the hands of new If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it

Virgin Atlantic boss Shai Weiss says aviation research shows 60 per cent of cases would be identified.

The case for negotiating air corridors and setting up a rigorous testing regime is not just about saving the airlines.

The multiplier effect for the economy if Britain’s service sector could be reinvigorated would be enormous.

It is astonishing that at the very moment new financial legislation is being introduced to make it simpler for the City to go global after Brexit, the super-sales people who head the London-based investment banks and insurers cannot get on the ground to negotiate deals.

Existing clients can be served from home offices and bedrooms, but nailing down new business requires the personal touch.

IAG and its previously most profitable offshoot BA should emerge from this crisis in better shape than European competitors.

It has taken the axe to labour costs, retired fuel-hungry 747s and even displaced its chief executive Alex Cruz, widely criticised for failing both customers and workforce. It also has stocked up on capital.

ALEX BRUMMER: Testing times for outsourcing sector

  ALEX BRUMMER: Testing times for outsourcing sector But it is worth asking whether the UK should be entirely happy at the idea of farming out prisons, coronavirus testing centres and security at nuclear facilities to overseas buyers. The estimable Rupert Soames, chief executive of Serco, might even consider ramping up a white knight merger with his bigger rival G4S.White matter The parade of financial results in the last week show how online retailers are streaking ahead of rivals. Asos in fashion, Just Eat Takeaway in prepared foods and white goods platform AO World have produced stonking results.

Economic meltdown: Over 40 years, Mail City Editor ALEX BRUMMER has seen boom and bust. Not surprisingly, Labour’s largely uncosted tax-and-spend plans have been criticised by the independent The Bank of England would be forced to increase the interest rate to try and keep bond-buyers on

By Alex Brummer for the Daily Mail. After several years in which the country was kept afloat by the munificence of the eurozone countries, they trumpeted, Athens is at last free from an EU bailout programme of €61.9 billion (£55billion) in emergency loans.

When and if pandemic restrictions ease, skies re-open and traffic picks up it should be leaner and meaner.

That could give it an edge over Continental rivals which by accepting state bailouts are less able to cut costs.

Cleaner living

The fresh way of looking at Unilever is home and away. Across the piece, sales of hygiene products and food eaten at home are booming. Food service and health sales to the hospitality industry are tougher.

The only major market firing on all cylinders is China, where Covid-19 has been banished to the boondocks, the economy is bouncing and demand for Unilever’s rich choice of brands doing nicely.

Unilever disinfectant brands, such as Lifebuoy, are having a resurgence which parallels Dettol at Reckitt Benckiser.

Hopefully, when the world does emerge from Covid, it will be a cleaner place. Nevertheless, with so much uncertainty in key emerging markets, including India, Indonesia and Latin America, chief executive Alan Jope is being very cautious about prospects.

The corporate hygiene on Unilever’s agenda, unifying the company’s Anglo-Dutch structure in the UK, is on track with both groups of shareholders unanimously approving the plan.

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By Alex Brummer City Editor For The Daily Mail. Sainsbury’s says there are no plans to close stores, but the company will seek ‘operational efficiencies’ of £ It is suggested that the new merged company will seek to keep the Sainsbury and Asda brands separate, with the former maintaining its

By Alex Brummer for the Daily Mail. Published: 01:01 BST, 12 September 2019 | Updated: 01:09 BST, 12 September 2019. This social disorder has shaken the big, British-origin mercantile groups, the Hongs, which still have a strong hold on the territory’s commerce – from banking to airlines.

The remaining obstacle is the movement in the Dutch parliament for an exit tax – which could scupper the proposal.

But a Dutch government, which supports an open economy, is unlikely to shoot itself in the foot.

Wrong ticket

By the standards of big tech the £3billion purchase of StubHub by controversial ticket marketplace Viagogo might normally not cause a ripple.

This is especially true in a pandemic when so many sports arenas are operating behind closed doors and the live music industry moribund.

Nevertheless, the ruling by Britain’s Competition & Markets Authority that the deal creates a 90 per cent monopoly likely will require some severe remedies including spin-offs.

At a moment when competition authorities in the US and Europe are pushing back against digital dominance the CMA is sending a powerful signal.

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