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Iceland staff share in success with record £14.6m pay rise

Posted:
06 September 2011 09:59

Iceland has announced what it describes as an industry-beating pay award of £14.6 million to its 22,000 front line store and home delivery staff. Many employees will receive a basic pay increase of 5%. In addition, employees will benefit from moves to simplify the company's pay structure, which will include ...read more

All-inclusive holiday demand boosts TUI

Posted:
10 August 2011 10:10

The owner of Thomson and First Choice today reported a rise in sales of all-inclusive holidays as cash-strapped consumers look to save money.TUI Travel said more holidaymakers were opting for packages that included meals, which are perceived as offering better value. They accounted for 46% of its sales so far ...read more

Virgin Atlantic profits soar

Posted:
10 August 2011 10:08

Sir Richard Branson's airline, Virgin Atlantic, soared into profit last year despite the disruption caused by the first Icelandic volcanic ash cloud crisis.The carrier made a pre-tax profit of £18.5 million in the 12 months ending in February compared with a loss of £132 million for 2009/10.Virgin said the figure ...read more

US visitors boots Eurostar

Posted:
20 July 2011 10:01

A big rise in American travellers helped Channel Tunnel high-speed train company Eurostar to increase passenger numbers in the first half of this year, it was announced today.The company, which runs services from London to Paris and Brussels, carried 4.7 million passengers in the period January-June 2011 - a 3% ...read more

Royal wedding sees airport boom

Posted:
13 June 2011 09:43

The royal wedding contributed to a surge in passengers at major UK airports last month, it was revealed today.Airport operator BAA handled 9.34 million people at its six UK airports in May 2011 - a 9.2% rise on the May 2010 figure which was affected by the first Icelandic ash ...read more

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