In the past year, TUI has been forced to borrow billions from the German government just to stay afloat. But analysts have warned that in the wake of the crisis, the part-nationalised firm may struggle to compete against leaner rivals, as the industry reels from more than 12 months of international travel bans.
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Transport bosses warn mourners of London queues
admin, , Business, 0
Huge numbers of people are expected to head to London on Monday for the funeral of Queen Elizabeth II.
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Klitschko brothers urge Europe to stay strong for Ukraine
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Asked whether some nations, notably France and Germany, were beginning to waver in their support, and consider making concessions...
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Ryanair boss Michael O’Leary hit with cream pies by climate protesters
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Climate protesters hit Ryanair chief executive Michael O’Leary with two cream pies during a press briefing in Brussels. The...
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Amazon Prime Video content to start including ads next year
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“It is slightly unusual for Amazon, which relentlessly positions itself as a customer-first company, to degrade a service it...
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‘Millions face hardship’ as government support ends
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Rishi Sunak to unveil new rescue deal for jobs and firms
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HS2 rail extension to Leeds scrapped amid promise to transform rail
admin, , Business, 0
Andy Bagnall, director general of the Rail Delivery Group, which represents train operators, said: “While millions of people will...
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FTX: ‘Crypto King’ admits people got hurt as he speaks out in trial
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But prosecutors have accused him of using FTX customer funds to prop up his crypto-focused hedge fund, Alameda Research,...
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Brexit: UK-EU trade talks restart as ‘sticking points’ remain
admin, , Business, 0
But the two sides still disagree over access to UK waters by the EU’s fishing fleets – an issue...
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