EasyJet, the budget airline, has announced a significant drop in its pre-tax profit for the quarter spanning April to June, attributing the 70% decline to increased fuel costs and shifts in customer booking behavior. The airline reported a pre-tax profit of £85 million, a stark decrease from the £286 million earned in the same quarter of the previous year. This downturn was largely driven...
British Prime Minister Andy Burnham is steering his economic strategy towards enhancing cooperation with the European Union, while firmly ruling out any attempts to rejoin the bloc or revisit the contentious Brexit debate. Despite the economic challenges posed by Brexit, Burnham's administration is determined to focus on national unity, steering clear of reopening past divisions regarding EU membership.
European leaders, including Ursula von der Leyen,...