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Spirit Airlines shutting down after rescue talks collapse
Posted onThe earlier plan, which would have seen the US government take effective ownership of as much as 90% of the airline, faced stiff opposition from Wall Street, Capitol Hill and even a member of Trump’s own cabinet. Transportation Secretary Sean Duffy told Reuters a rescue would amount to tossing “good money after bad”.
Why switching to save money is easier than you might think
Posted onIn years gone by, most people would get a bank account early in their adult life and stick with it for decades. Competition now sees banks try to win over new customers by offering cash to switch – but only if you use their current account as your main account. Many people have been put…
Flights resume at Edinburgh Airport after air traffic control outage
Posted onAngie BrownEdinburgh and East reporter BBC There were flight cancellations and delays following the outage Passengers are experiencing delays and cancellations after an air traffic control outage led to the suspension of flights to and from Edinburgh Airport. Services resumed at 10:40 after flights were grounded for about two hours, with some passengers reporting being…
The SpaceX IPO made history. One month on has it lost momentum?
Posted onSpaceX investors have swung from celebration to apparent concern in its first month as a publicly traded company. When shares in the firm, co-founded and led by Elon Musk, first became available for individuals to buy on the public stock market on 12 June, there was an investor frenzy. Although the company had decided to…
Suppliers want help for billpayers as energy prices rise
Posted onKevin PeacheyCost of living correspondent Getty Images A rise in gas and electricity prices has prompted energy suppliers to call for “enduring” targeted support for those in financial difficulty. Energy costs are up 2% from Wednesday for millions of people in England, Wales and Scotland as regulator Ofgem’s latest price cap come into effect. Campaigners…
