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Tag Archives: new business ideas

Ryanair applies for UK air operator licence

Ryanair is seeking a licence to operate domestic UK air routes which it says it may need in the event of a hard Brexit.The airline said it had applied to UK regulator, the Civil Aviation Authority, (CAA) for a UK Air Operator’s Certificate.Ryanair chief executive, Michael O’Leary, has repeatedly …

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Rail fare rises: Commuters 'priced off' UK trains, union says

Media playback is unsupported on your device Average rail ticket prices have risen by 3.4% across the UK, in the biggest increase to fares since 2013.Many commuters have seen their season tickets go up by more than £100, while campaigners and unions warn many people were being “priced off” …

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Online returns set to soar on 'Takeback Tuesday'

A deluge of unwanted online gifts and purchases is expected to be returned to retailers on Tuesday, according to Royal Mail. The proportion of goods returned is set to be much higher than last year as online shopping becomes more popular. Clothing, footwear and electrical goods are the most …

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Liam Fox calls for end to 'obsessive' criticism of Brexit

“Obsessive criticism” of Brexit must end, Liam Fox has said, urging opponents of the UK’s departure from the EU to “lift their horizons”.Ahead of a visit to China, the international trade secretary said “attitudes needed to change” in 2018.”Brexit is not a time bomb to be defused but a …

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Virgin Trains apologises for 'sexist' tweet

Virgin Trains has “apologised unreservedly” for a tweet which some social media users described as “sexist”.In response to a passenger complaint about being referred to as “honey”, the official Virgin Trains East Coast Twitter account asked if she would “prefer ‘pet’ or ‘love’ next time”.The passenger, Emily Lucinda Cole, …

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LeEco chairman Jia Yueting defies demand to return to China

The billionaire co-founder of struggling Chinese technology giant LeEco has defied a demand from regulators to return to the country.Jia Yueting had been given until the end of 2017 to come back to China from the US and deal with mounting debts.But he has responded with a message on …

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Saudi Arabia and United Arab Emirates introduce VAT for first time

Value Added Tax (VAT) has been introduced in Saudi Arabia and the United Arab Emirates for the first time.The 5% levy is being applied to the majority of goods and services.Gulf states have long attracted foreign workers with the promise of tax-free living.But governments want to increase revenue in …

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Call for tech giants to face taxes over extremist content

Internet companies should face a tax punishment for failing to deal with the threat of terrorism in the UK, security minister Ben Wallace has said.Mr Wallace said firms such as Facebook, Google and YouTube were too slow to remove radical content online, forcing the government to act instead.While tech …

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