Rolling coverage of the latest economic and financial newsLatest: UK retail sales fell 0.9% in DecemberBlack Friday partly to blameWSJ: Steven Mnuchin proposed cutting China tariffsTreasury denies it, but stocks riseChina cut taxes to spur demand 9.48a…
Rolling coverage of the latest economic and financial news
All main sector spend, except for food and fuel, declined in December 2018 – a month-on-month decrease of 0.9% https://t.co/KA94JJNrJ5
Here are the key points from the retail sales data, just released (and online here)
Continue reading...Lower-fare environment will shake out more loss-making rivals, says Michael O’LearyRyanair has issued its second profit warning in four months, blaming intense competition over the winter that prompted the Irish budget airline to cut fares.Profits for …
Lower-fare environment will shake out more loss-making rivals, says Michael O’Leary
Ryanair has issued its second profit warning in four months, blaming intense competition over the winter that prompted the Irish budget airline to cut fares.
Profits for the year ending 31 March will be €100m (£88m) lower than previous expectations, at between €1bn to €1.1bn, the company said in a statement to the stock market. That was down from the €1.1bn to €1.2bn range previously expected.
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