1. Budget airlines benefit from ‘ancillary’ costs
Hefty fees for excess baggage and onboard refreshments are contributing to the sector’s recovery as much as raw ticket sales.
2. Royal Mail owner says strikes deliver £200mln blow
Net cost of strike action in the nine months to end-December 2022 was around £200mln, with an adjusted operating loss of £295mln.
3. Marks and Spencer’s chairman blasts Brexit policies
Archie Noman gets hot under the collar over “The overbearing costs..."
4. FTSE 100 closes higher
The UK's major index closed slightly higher on Thursday, up 16 points or 0.2% to finish at 7,761.
5. FeverTree grows revenue but warns on European energy bills
Glass costs are through the roof says the posh mixer maker