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Today News

12

Airports and roads take the strain as Britain gears up for record summer getaway

www.ibtimes.co.uk

UK air traffic controllers expect to handle more than 8,800 flights today, as people begin their summer holidays.

Moneysupermarket.com fined £80,000 for sending seven million unsolicited emails

www.ibtimes.co.uk

The price comparison website contacted customers who had already opted out from receiving marketing via email.

UK house prices set for 7% growth this year shrugging off Brexit uncertainty

IB Times UK / Business

Hometrack data shows Birmingham is Britain's fastest-growing city in terms of house prices.

11

Payments firm Paysafe receives £2.9bn offer from buyout consortium

IB Times UK

The British firm becomes the latest business in this sector to be approached by buyers as consolidation activity heightens.

10

Vodafone stems UK losses as it posts increase in service revenue

www.ibtimes.co.uk

Telecoms giant's revenue in the UK drops 2.7%, compared with 4.8% decline recorded three months ago.

Weak pound sees tourists set to splash £2.4bn in summer spree

IB Times UK / Business

Spending on foreign debit and credit cards in Britain jumped 18% in the year to June.

Thursday, Jul 20

18

Deutsche Bank boss warns bank is preparing for 'worst Brexit outcome'

IB Times UK / Business

Bank's CEO John Cryan says 'an awful lot of details' will have to be ironed out.

Swedish operator to name train 'Trainy McTrainface' in tribute to Boaty

IB Times UK / Business

MTR Express says 'Trainy McTrainface' would bring joy to those let down by UK decision not name a polar ship 'Boaty McBoaface' following similar online poll.

16

Air France launches 'chic' new airline aimed at millennials

www.ibtimes.co.uk

The French flag carrier said the stylish new airline is aimed at the young, but will not be a budget operation.

14

Unilever boss to ask Theresa May for extended Brexit transition period

IB Times UK / Business

Ahead of a meeting with the UK Prime Minister, Paul Polman says a prolonged transition for Britain's EU exit was "becoming more realistic."

Birkenstock sandals will set you back $799

www.ibtimes.co.uk

Limited edition Arizona sandals feature handcrafted buckles made with solid .925 sterling silver.

13

Liam Fox says new EU trade deal should be 'one of the easiest in human history'

IB Times UK / Business

But the international trade secretary added Britain could 'off course' survive without a European deal leaving it to fall back on world trade rules.

China unveils multi-billion dollar Artificial Intelligence plan

IB Times UK

Beijing expects the value of its core AI industries to spike as it vies for market leader tag by 2025.

12

Warm weather sees UK retail sales rebound in June

IB Times UK / Business

Retail sales beat expectations in June, climbing 3% year-on-year after a sharp slowdown in May.

11

EasyJet lifts profit forecast as its Austrian airline readies for take off

IB Times UK / Business

Budget airline posts 16% increase in revenue as passengers and capacity both record double-digit growth.

British Gas pays customers £1.1m for missed appointments

IB Times UK / Business

Energy watchdog Ofgem said it has worked with the supplier to improve its compensation systems.

10

Profits at Sports Direct dive almost 60%, pummelled by a weak pound

IB Times UK / Business

But billionaire owner Mike Ashley said the business is on track "to become the 'Selfridges' of sport".

09

UK employees 'bored at work' for over five hours a week

www.ibtimes.co.uk

Workers in London and South East spend the most time bored at work during a typical week, survey suggests.

Wednesday, Jul 19

18

British Airways cabin crew to stage new two-week strike

www.ibtimes.co.uk

Crew on mixed fleet flights will go on strike from 2 August for two weeks amid a dispute over pay.

Morgan Stanley picks Frankfurt as post-Brexit European hub

IB Times UK / Business

US investment bank had warned in March that it might have to move some of its workforce away from London.

Murdochs tell Culture Secretary delay to Fox takeover of Sky bad for 'British investment'

IB Times UK / Business

In a letter to Karen Bradley, James and Lachlan Murdoch claim delay would sour the climate for foreign direct investment.

16

GSK to sell Horlicks as it reviews UK manufacturing options

www.ibtimes.co.uk

The 100-year old drink has fallen out of favour with modern British tastes.

State pension age raised to 68: Government announces millions will have to work an extra year

IB Times UK / Business

Retirement age was originally meant to be raised to 68 between 2044 and 2046.

15

Spanish bank boss found dead with gunshot wound

www.ibtimes.co.uk

Miguel Blesa had been sentenced to six years in prison for his role in a credit card scandal.

London Stock Exchange and IBM to pilot blockchain for European SMEs

www.ibtimes.co.uk

Platform being built and tested by LSE subsidiary Borsa Italiana on Hyperledger Fabric version 1.0

14

Northern Trust opts for EU subsidiary in Luxembourg to mitigate Brexit risk

IB Times UK

Asset manager wants to make sure market access is not disrupted following UK's exit from the European economic bloc.

13

KFC, McDonald's and Burger King serve up iced drinks contaminated with faecal bacteria

'Significant' levels of contamination found in ice drinks across some of Britain's most popular fast food chains

Ecuador defies Opec and increases oil production

Latin American country says it won't be able to play its part in ongoing production cuts on financial grounds.

Firms 'could shift jobs away from London by year-end' without Brexit deal

www.ibtimes.co.uk

The Financial Conduct Authority presses government to strike transitional Brexit agreement with Brussels.

12

Treasury committee joins calls to release government letter to Toyota over Brexit assurances

www.ibtimes.co.uk

The Business department admits a letter had been sent to the Japanese carmarker before it made a £240m investment, but will not disclose its details.