Henry Saker-Clark

Ryanair has cautioned that it believes certain rivals will "struggle to maintain capacity or even survive" this winter should oil prices remain elevated.

Housebuilder Crest Nicholson has said its earnings are on track to slide to a surprise loss after “difficult” trading over the summer.

The housebuilder told shareholders that conditions in the property market had been ‘more subdued’ than expected during the summer season.

Uber has launched the UK's first robotaxis across London after partnering with British AI technology firm Wayve.

The UK's services sector continued its recovery last month as activity grew at the fastest pace for four months, according to figures.

Ryanair has warned that European short-haul airfares are likely to rise “materially” if high oil prices persist into 2027, which may see some airlines “struggle to maintain capacity or even survive”.

Volkswagen bosses have said they will cut around 50,000 jobs as part of a sweeping cost-cutting plan.

The Suffolk-based company reported a pre-tax loss of £1.42 million for the six months to June.

The UK's construction sector weakened further last month amid a deeper downturn in housebuilding, according to new figures.

Shares in Rockhopper fell on Friday morning after Argentina’s president threatened to sanction firms.