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UK Airspace Has Re-Opened But Some Flights Still Remain Cancelled

21/04/2010

By Bob Northgate The National Air Traffic Services (NATS) have issued following statement regarding the volcano dust cloud today at 9.45pm: Iceland Image by: NASA Goddard Photo and Video "Overnight most of the UK’s airspace has been available with the exception of an area over the north west of Scotland which... read more


 

Good And Bad News In Pre-Election Snapshot Of UK Jobs Market As Headline Unemployment Hits 2.5 Million

21/04/2010

By Bob Northgate Dr John Philpott, Chief Economic Adviser at the Chartered Institute of Personnel and Development (CIPD), comments as follows on official labour market statistics published earlier today by the Office for National Statistics (ONS) that update the UK Labour Force Survey (LFS) measures of employment, unemployment and economic inactivity... read more


 

David Cameron Is Hit By First Egg

21/04/2010

By Bob Northgate David Cameron was hit by an egg today as he was leaving a Q&A session at Cornwall College, in Saltash near Plymouth. As the politician was leaving the University library a student wearing a grey hoody threw an egg which cracked on impact and splattered over his white... read more


 

Inflation Jumps To 3.4%

20/04/2010

By Bob Northgate Inflation leaped to 3.4% in March, pushing through the government’s inflation target for the second time this year, in the crucial lead up to the election. Inflation jumped due to higher prices for energy, fuel, air transport and food, according to the Office of National Statistics. Most economists... read more


 

Tick Box Approach To EU Law Is Not Good For British Business

20/04/2010

By Bob Northgate A report published today by the British Chambers of Commerce (BCC), which compares the UK and EU regulatory systems, argues that Westminster does not do enough to scrutinise legislation originating from Brussels, and too often employs a simple “tick box” mentality rather than robust analysis of its impact. In... read more


 

Predictions Of 'Worst Case Scenario' For Sterling Premature Says City Expert

20/04/2010

By Bob Northgate As sterling moves higher on better than expected Consumer Price Index data - a welcome change from the falls seen recently on the back of renewed fears over a hung Parliament - a worst case scenario for the pound is looking less likely, according to a City expert. Mark... read more


 

CBI Comments On Latest Inflation Data

20/04/2010

By Bob Northgate The CBI today commented on the Consumer Prices Index (CPI) data for March, which showed inflation has risen to 3.4%. Ian McCafferty, CBI Chief Economic Adviser, said: "Higher petrol and seasonal food prices have pushed inflation up again. The combination of rising raw material prices and weak sterling is pushing... read more


 

Volcano Ash Up-Date: Volcanic Eruption In Iceland

20/04/2010

By Bob Northgate The National Air Traffic Services (NATS) have issued following statement regarding the volcano dust cloud today at 3pm: "The situation regarding the volcanic eruption in Iceland remains dynamic and the latest information from the Met Office shows that the situation will continue to be variable. Iceland Image by:... read more


 

As Volcanic Ash Settles On The Air And Travel Industry, The Sector Faces A New Wave Of Cost-Cutting

20/04/2010

By Bob Northgate As the air travel and transport industry continues to count the cost impact of the volcanic ash on the sector, many experts predict more pain and consolidation could follow, with a renewed focus on cost-saving. The ATTL sector had already become one of the biggest corporate victims from the... read more


 

TUI Losing £5m A Day Due To Volcano Dust

19/04/2010

By Bob Northgate TUI Travel PLC, a subsidiary of TUI AG, has today announced the following information regarding the impact of the eruption of the volcano in Iceland: “TUI Travel confirms that on Sunday 18 April 2010, it had approximately 100,000 customers who were due to have returned home from holiday, but... read more