London’s Heathrow airport is set to have its busiest festive period ever, with a 21% increase in passenger volumes on Christmas Day following a record-breaking year of travel. Airlines in Europe, including United Airlines, are experiencing strong demand for flights despite falling ticket prices, with United expecting its busiest holiday period yet. Tour operator Tui reports a 4% increase in winter bookings, driven by short and medium-haul destinations, while consumers are opting for package holidays to manage costs amid inflationary pressures.
Full Article
More than 10,000 UK civil service jobs to be cut
Roula Khalaf, Editor of the FT, curates her top stories in the Unlock the Editor’s Digest, a weekly newsletter. More than 10,000 UK civil service jobs are set to be cut in a bid to achieve savings of 5 per cent across departments, with ministers considering voluntary redundancy programs. The spending review led by chancellor Rachel Reeves aims to reduce the overall civil service headcount, emphasizing productivity gains and the use of AI to streamline...
Read more