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UK airlines team up to restart travel industry

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As the COVID pandemic continues to impact the aviation and travel sector, two airlines are joining forces to restart travel confidence

British Airways and Virgin Atlantic will trial fast-track lanes at London’s Heathrow airport for fully-vaccinated inbound travellers to support the Government in lifting some of the most onerous restrictions for travellers arriving from ‘amber list’ countries.

Under the trial, fully vaccinated travellers of all nationalities will be able to present their COVID-19 credentials in digital or paper format before boarding.

If successful, long lines in arrivals halls when returning to the United Kingdom could be a thing of the past.

For passengers who are not checking baggage, this would mean they could check-in online, proceed directly to security and board their flight.

How it will work:

Upon arrival in the U.K., travellers participating in this trial could be able to use a dedicated priority arrivals lane at Heathrow Airport. – This should be a much quicker arrivals experience.

Depending on how many passengers are arriving at the time and Border Force staff are on duty, these passengers may use eGates or proceed to a staffed passport check, just as other passengers do right now.

Flights included in the trial include select British Airways flights from New York and Athens into Heathrow, and Virgin Atlantic flights from Los Angeles and Montego Bay, Jamaica to Heathrow.

Eligible passengers will receive a pre-departure invitation from British Airways or Virgin Atlantic inviting them to participate in this trial.

The current issue is that this upload process has only been available for flights departing Heathrow, not arriving. This means that passengers flying into Heathrow must allow plenty of time for manual document verification and check-in before boarding their flight.

This trial is a step towards making that inbound experience just as seamless as the outbound experience, and will hopefully restart the industry by increasing confidence in the sector.

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Money

China has pledged to “significantly increase” debt to jumpstart its economy

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Finance Minister Lan Foan announced plans to help local governments tackle debt, support low-income households, and boost the property market.

Investors have been urging such steps as China faces deflationary pressures and a sharp property market downturn.

However, no figure was provided for the stimulus package, leaving markets anxious about the strength and duration of the recovery effort.

Economists warn that this lack of clarity may prolong uncertainty until China’s legislature approves extra debt measures.

Concerns are rising that China may fall short of its 5% growth target, signalling deeper structural challenges ahead.

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Niche accountants proving essential to e-commerce success

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Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

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Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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