United States

Sarah Young

England scrambles to avoid criticism over coronavirus-hit exam grades

7:37am EDT

LONDON England sought to defuse a looming row over the awarding of school qualifications during the pandemic by allowing students to use results of their earlier practice tests - a last-minute change designed to avoid a repeat of mistakes made in Scotland.

Thousands of BA staff to lose jobs as airline pushes ahead with cuts

Aug 07 2020

LONDON Thousands of British Airways staff will be sent letters telling them they have lost their jobs on Friday, as the airline pushes ahead with a plan to cut employee numbers by 29% in the face of bitter opposition from unions.

Activist shareholder ValueAct sells out of Rolls-Royce: source

Aug 07 2020

LONDON Activist shareholder ValueAct Capital Management has sold out of British aero-engine maker Rolls-Royce , a source familiar with the matter said on Friday, ending its relationship with the company five years after it became its biggest shareholder.

EasyJet adds flights as summer bookings rise

Aug 04 2020

LONDON British low-cost airline easyJet plans to fly at 40% of its capacity over the rest of the summer thanks to stronger than expected bookings despite continuing pandemic uncertainty.

UPDATE 2-EasyJet adds flights as summer bookings rise

Aug 04 2020

* Plans to fly 40% of capacity for rest of summer, up from 30%

BA owner IAG to raise $3.3 billion to ride out COVID crisis

Jul 31 2020

LONDON British Airways owner IAG plans to raise 2.75 billion euros ($3.27 billion) from shareholders to repair the coronavirus-sized hole in its finances and brace for a more chaotic future. | Video

BAE warns of lower earnings but restarts dividend on defence rebound

Jul 30 2020

LONDON Britain's BAE Systems warned its 2020 earnings would fall due to COVID-19 disruption but said it would restart dividend payouts because it expected defence sector business to rebound in the second half of the year.

UPDATE 2-BAE warns of lower earnings but restarts dividend on defence rebound

Jul 30 2020

* Sees FY EPS a mid-single digit percentage lower than last yr

Heathrow tells UK: do passenger testing or lose 'quarantine roulette'

Jul 29 2020

LONDON Heathrow Airport, once Europe's busiest airport, called on Britain to urgently back a passenger testing regime, warning that without one, strict quarantine rules will stop travel, stall the economy and lead to more job losses.

Wizz Air sees bumpy recovery for airlines on on/off restrictions

Jul 29 2020

LONDON Hungarian low-cost carrier Wizz Air said off and on-again COVID-19 restrictions meant the travel industry's recovery would be bumpy, and it could not provide financial guidance for the current year.

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