Money

Heathrow slams TikTok travel “hack”

Published

2 years ago

July 27, 2022

Simon Anderson

Heathrow Airport has hit out at a TikTok travel “hack” video and labelled criticism from Ryanair over delays as “bizarre”

London’s Heathrow Airport bosses have taken a swing at Ryanair following criticism of passenger delays.

On Monday, Ryanair executive Neil Sorahan said the airport and the government needed to be held to account for not “staffing up appropriately”.

But Heathrow CEO John Holland-Kaye said it was the responsibility of airlines, not the airport, to hire ground crew.

In an interview with UK broadcaster LBC – he also said people were demanding wheelchairs when they didn’t need them, and this was creating delays for passengers.

“Some of this is because people are using the wheelchair support to try and get FastTrack through the airport, and we need to protect that for the people who most need help.”
JOHN HOLLAND-KAYE, HEATHROW AIRPORT CEO

https://www.tiktok.com/@wolfjenko/video/7111570649344167173

He also lashed out at a TikTok video travel “hack” that suggested people fake a need for a wheelchair to skip long queues,

“If you go on TikTok that is one of the travel hacks people are recommending – please don’t do that we need to protect the service for the people who need it most.”
JOHN HOLLAND-KAYE, HEATHROW AIRPORT CEO

Heathrow Airport has been at odds with several airlines in recent weeks.

Emirates Airlines had previously said it would ignore Heathrow’s demand to airlines to not sell any more summer tickets.

But Emirates later backed down, instead increasing flights to London’s Gatwick Airport

Leaders

U.S. Federal Reserve announce rate cut, show great confidence in economy

Published

9 hours ago

September 19, 2024

ticker NEWS

The Federal Reserve has delivered a big rate cut to boost the economy while inflation slows.

The central bank slashed interest rates by a half percentage point, hoping to protect the job market while inflation inches closer to its 2% goal.

Fed Chair Jerome Powell says the decision reflects growing confidence in balancing the economy’s growth with low inflation. #featured #trending

Money

Markets brace for potential 50-point fed rate cut

Published

2 days ago

September 17, 2024

ticker NEWS

Markets are anticipating a significant 50-point rate cut from the US Federal Reserve this week, leading to heightened focus on bond markets and key economic reports.

Financial markets are focused on a potential 50-point rate cut by the US Federal Reserve, as investors anticipate major shifts in economic policy.

The bond markets, already pricing in a borderline hard landing, reflect the expectation of a significant easing cycle over the next two years.

However, experts caution that the Fed could disappoint, as the current economic conditions differ from previous events such as the pandemic or credit crises. #featured #trending

Money

Bitcoin’s Q4 outlook: key factors and upcoming milestones

Published

3 days ago

September 16, 2024

ticker NEWS

Insights into market trends and critical events shaping Bitcoin’s performance

Crypto Corner explores the latest market movements, expert insights and the influence of macroeconomic factors on the crypto industry.

Crypto Corner is hosted by Caroline Bowler, CEO of BTC Markets.

In this episode, Caroline speaks with Matt Willemsen, Head of Research & Content at Collective Shift, about what could drive Bitcoin’s strong performance in Q4. They explore how the current market differs from past cycles, the ongoing Solana vs. Ethereum debate, and the role of project-specific conferences in market trends. Matt previews key Q4 events, including the Solana Breakpoint conference and upcoming altcoin milestones like Uniswap v4 and Polygon 2.0. #crypto corner