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Baggage handlers call off planned strike at London Heathrow

  Bloomberg Baggage handlers at London Heathrow airport called off a strike after their union received an improved pay offer from Menzies Aviation. The U-turn means a three-day walkout won’t take place, as the Unite union ballots members on the new offer. Financial details were not disclosed. Unite had said that more than 400 workers at Heathrow Terminals 2, 3 ...

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Germany to receive F-35s in 2026 to rejuvenate Air Force

  Bloomberg Germany is set to receive the first batch of its F-35 fighter jets in 2026, though the initial eight units will remain stationed in the US for training purposes, creating a tight schedule to build up more advanced air-defense capabilities before the aging Tornado models are retired in 2030. The procurement schedule foresees a handover in tranches, with ...

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UK retail sales fall in November as inflation crisis deepens

  Bloomberg UK retail sales unexpectedly fell in November as Black Friday failed to deliver its usual boost, deepening the cost of the living crisis engulfing the sector. The volume of goods sold in shops and online fell 0.4%, the Office for National Statistics (ONS) said. Sales excluding auto fuel fell 0.3%. Economists expected a 0.3% gain on both measures. ...

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