Wednesday , 31 December 2025

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RBS is first UK bank to take Brexit blow as talks drag

Bloomberg Royal Bank of Scotland Group Plc set aside 100 million pounds ($128 million) to reflect greater uncertainty aro-und Brexit, the first British bank to do so this quarter, as Chief Executive Ross McEwan said big companies are pausing investment as the talks drag on. While McEwan said his meeting with Prime Minister Theresa May alongside other CEOs last week …

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Airbus delivery challenge gets tough with Rolls-Royce delays

Bloomberg Airbus SE has a mighty challenge ahead of it, one that seems to be getting tougher. The European planemaker is targeting deliveries of around 800 commercial aircraft this year, an 11 percent jump from 2017. To do it, Airbus needs to hand over some 300 jets in its final quarter, which would be a record. But delays with engines …

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No-deal Brexit will unleash chaos: IATA

Bloomberg The airline industry should prepare for chaos if no trade agreement is signed in the coming weeks for the UK’s planned split from the European Union, the head of the sector’s trade body has warned. The International Air Transport Association detailed its concerns in a report on Brexit. These include airline landing rights in the UK, pilot licenses and …

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