Bloomberg Frasers group Plc’s string of acquisitions and property sales are helping bolster Mike Ashley’s shopping empire as the cost-of-living crisis weighs on most retailers’ performance. Frasers, which owns Sports Direct and House of Fraser, is sticking to its goal of adjusted profit before tax at a record £450 million ($549 million) to £500 million for this financial year. …

  Bloomberg Britain’s aviation regulator delayed a decision on fee hikes at London Heathrow airport as it evaluates how a UK recession and rising interest rates are likely to impact travel demand. An interim charge of £31.57 ($38) per passenger should be applied from February through the rest of 2023 pending a final ruling on a five-year charging structure, the …

Bloomberg JetBlue Airways Corp is walking away from the purchase of carbon offsets for its domestic flights in 2023, instead opting to step up its investment in and use of sustainable aviation fuel (SAF). The carrier disclosed the shift as part of a wider commitment to reducing lifecycle greenhouse gas emissions from jet fuel by 50% per revenue ton kilometre …