
More wealthy travellers are booking flights to the UK. Here's where from
The airline saw first class bookings from China jump 27 per cent and from India by 17 per cent in the first half of the year, compared to 2024.
Business class bookings from Australia also rose 10 per cent.
Regional UK airports such as Glasgow and Newcastle are expected to see an increasing number of Chinese visitors, with inbound passenger numbers projected to rise by 18 per cent and 45 per cent respectively in the second half of 2025 compared with a year earlier.
All Emirates journeys on these routes involve passengers transiting through Dubai.
The airline recently signed a declaration of intent with tourism agency VisitBritain to boost inbound tourism.
'The UK is one of the most important markets in Emirates' global network, and the growth in bookings we've seen over the past year reflects that,' Emirates UK divisional vice president Jabr Al-Azeeby said.
'We've seen a noticeable increase in inbound arrivals from key destinations such as Australia, India, and China, driving forward economic growth here in the UK.'
The Government's ambition is for the UK to have 50 million international visitors a year by 2030.
An estimated 41.2 million inbound visits were made in 2024.
'Expanding airline routes and seat capacity into our regional gateways is crucial to our competitive tourism offer,' VisitBritain chief executive Patricia Yates said.
'International visitors are forecast to spend more than £34 billion in the UK this year.
'Making it easier for visitors to explore our nations and regions boosts that spending across more of Britain, supporting jobs, businesses and driving growth for local economies.'
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Daily Mail
20 minutes ago
- Daily Mail
Yorkshire Water boss paid 'extra' £1.3 million from firm's offshore parent company despite 'dire' environmental record and hikes to bills
A water company boss was handed more than £1.3 million in 'extra' pay from an offshore firm, despite its abysmal record on pollution and increasing household bills. Chief executive Nicola Shaw pocketed two payments of £660,000 in the last two years from Yorkshire Water's parent company Kelda Holdings, in addition to her salary with the beleaguered utilities firm. Yorkshire Water was allowed to raise average annual household bills by 41 per cent last year, and this summer introduced a hosepipe ban for its 5.5 million customers. It was ordered to pay £40 million in the spring to address its 'serious failures' over wastewater and sewage, and was also separately fined nearly £1 million last month for polluting a watercourse with chlorine, causing the death of hundreds of fish. Yorkshire Water is one of the six water companies currently banned from paying bonuses under Government action designed to prevent bosses who 'oversee poor environmental and customer outcomes' from receiving extra money. But figures showed Ms Shaw received just over £1.3 million between 2023 and 2025 from Kelda, in addition to her Yorkshire Water salary of around £689,000 per year - remuneration which was reduced by about one-third after she decided to forgo her bonus before the Government performance-related pay ban came in. The Kelda money is 'a fixed fee for investor-related work' performed by Ms Shaw for the parent company 'and complies fully with expectations and reporting requirements', Yorkshire Water said. Including the offshore company payments, she has been awarded more than £3 million in total pay over three years since she joined the firm in 2022, according to analysis first reported by the Guardian. Ofwat, the water regulator, is now investigating. Ms Shaw's earnings have infuriated environmental campaign groups. Amy Fairman, head of campaigns for River Action, said: 'Yorkshire Water has just been fined over £900,000 for polluting a watercourse with millions of litres of chlorinated water, killing hundreds of fish, yet its CEO is quietly handed an extra £1.3 million through an offshore firm. 'This is business as usual in a system that rewards environmental destruction and shields those responsible. 'Until executives are held criminally accountable, not just cushioned by shareholders, nothing will change. 'And unless we see a complete overhaul of the water industry, one that finally ends the failed privatisation experiment, this scandalous cycle will continue.' The Ilkley Clean River Group has now written to Kelda chairman Vanda Murray, asking her to justify Ms Shaw's pay given Yorkshire Water's dismal record under her watch. The campaigners wrote: 'To the customer, the additional payments to Ms Shaw look like a way of "working around" the fact that bonuses were causing public outrage and subsequently banned by government. 'There is in effect no change to eye-watering salaries at the top of Yorkshire Water.' A Yorkshire Water spokesman said Ms Shaw's work for Kelda Group included 'investor engagement, financial oversight, and management of the Kelda Group, which is recognised by a fee of £660,000 paid by shareholders'. He added: 'This is a conscious governance decision: we do not believe that work done on investor-related activities should be paid for by Yorkshire Water customers' bills. 'This fee, which has remained unchanged year on year, reflects the critical importance of the work during this period that was led by Nicola in securing long-term investment for Yorkshire Water. 'We remain focused on our long-term commitment to delivering better outcomes for customers, communities, and the environment across the region.' It was reported tonight that Ofwat's chief executive David Black is due to resign, ahead of the watchdog's planned abolition by ministers.


The Independent
20 minutes ago
- The Independent
Are online travel agents cleaning up their acts?
On Thursday I will fly on British Airways from London to Denver. The return trip cost £621. But I could have bought the same flights for around £30 cheaper going through an online travel agent (OTA). Odd though it may seem, the practice of selling some seats at deep discounts through a middleman has some merit from the airlines' point of view. The roots of the practice lie in the bad old days of heavily regulated fares. On many routes airlines could not be seen to sell tickets cheaper than the official fares. So they sold through companies called 'consolidators' who punted out cheap seats though retail agencies known as 'bucket shops'. Often the ticket would show an official fare that bore no relation to the amount paid – eg £1,200 for a trip that actually cost £500. That maintained the fiction that every airline was adhering to super-high fares. Thankfully, these days – in most circumstances – airlines can charge what they like. Yet they still often pay a modest commission to online agents who undercut them. Airlines use intermediaries to provide additional sales power. They want to be relevant in the intensely fare-sensitive part of the market, such as people who search on Skyscanner and other price-comparison sites. Take my flight from London to Denver this week. BA knows that there are plenty of us who will book direct, in order to minimise problems when things go wrong – and, in the case of buying on the benefit of a cooling-off spell of 24 hours in which to cancel for a full refund. To meet this demand, the airline can apply a modest premium. But for those who are simply interested in the lowest fare, BA seats are likely to be available more cheaply through an OTA. My rule is only to use an online travel agent if the saving is 10 per cent or more. In this case, it was under five per cent. Not enough to persuade me to agree to the online agent's terms and conditions. The OTA reserves the right to apply credit card surcharges, and has a 'confirmed quotation' stage – after which point, fares could be increased, with little choice but to pay the extra. What if the airline cancels the flight? The online agent doesn't even mention the word 'refund', even though this is the traveller's legal right in the event of a cancellation. As we discovered during the Covid pandemic, many OTAs took a cut of the airline's refund (and some just hung on to the customer's cash, blaming the carrier). In the EU, though, the rules are being redrawn in the traveller's favour. This week, the European Commission said that it had agreement from two giants, Expedia and that money will be handed back in full within two weeks of the cancellation. Similar undertakings have been made by other big OTAs, including Etraveli. You may not know this Swedish firm, but its brands include GoToGate and MyTrip. I used the latter to buy a ticket for a JetStar flight from Singapore to Melbourne earlier this year – which was cancelled at the gate. The cash took 17 days to come back. In contrast, still holds some of my money for a booking that fell victim to Covid five years ago. I shall revisit that transaction and see if the new agreement works to my advantage. It may be that UK travellers get a windfall from the EU's work – despite our bold decision to reap the many benefits of Brexit that we are now enjoying.


The Independent
20 minutes ago
- The Independent
BP fuels FTSE 100 but soft US data tempers gains
The FTSE 100 climbed on Tuesday boosted by another day of well-received earnings, with Smith & Nephew, Diageo and BP all in favour, although weak US data saw progress fade late in the trading session. 'Strong corporate results are helping as they show businesses can still thrive despite the turbulent backdrop,' said Russ Mould, at AJ Bell. The FTSE 100 Index closed up 14.43 points, 0.2%, at 9,142.73. It had earlier traded as high as 9,177.95. The FTSE 250 ended 42.19 points higher, 0.2%, at 21,901.69, and the AIM All-Share ended up 4.59 points, 0.6%, at 763.48. Well-received earnings provided a lift in London, with index heavyweights BP and Diageo to the fore. Oil major BP rose 2.8% after better-than-expected second-quarter results. The strong earnings, coming on the back of a major hydrocarbon discovery in Brazil, will improve the investment mood music and be helpful for management credibility, analysts said. Underlying replacement cost profit of 2.35 billion dollars was well ahead of company compiled consensus for 1.82 billion dollars but 15% below 2.76 billion dollars a year ago. Alastair Syme, at Citi, said: 'After several quarters where earnings have not lived up to expectations, BP's 2Q25 is significantly better than market forecasts.' 'In the space of two days – yesterday's potentially highly material Bumerangue discovery in Brazil and today's earnings trajectory – we believe there are credible reasons for the investors to revisit the BP investment story,' he added. On Monday, BP reported new oil and gas findings at its Bumerangue offshore mining block, calling the discovery its 'largest in 25 years'. Alongside results, BP said it will conduct a thorough review of its businesses, including targeting further cost cuts. The company is two quarters into a 12-quarter plan and chief executive Murray Auchincloss said he was 'encouraged' by the early progress, but added 'we know there's much more to do'. Diageo climbed 4.9% after full-year results provided some reassurance, although they failed to sway some commentators. The London-based brewer and distiller, which owns brands ranging from Guinness stout to Johnnie Walker whisky, on Tuesday reported a decline of more than a third in its bottom line in the financial year that ended in June, as a slight decline in net sales was compounded by impairment and restructuring costs, unfavourable currency movements, and narrowed operating margins. Even so, Diageo said its results were in line with guidance. Bank of America said: 'While the environment remains challenging, it is clear that management is stepping up what it can control, and we believe these results will reassure.' Richard Hunter, at interactive investor, said there are 'emerging glimmers of hope'. But James Edwards Jones, at RBC Capital Markets, said the results do not 'advance the investment case – positive or negative – materially'. Smith & Nephew was the best blue chip performer, up 15%, as it said revenue growth accelerated in the second quarter of 2025. The Watford-based medical devices maker said pre-tax profit jumped 43% to 362 million dollars in the half year that ended June 28 from 253 million dollars a year prior. Revenue increased 4.7% to 2.96 billion dollars in the half year from 2.83 billion dollars a year ago, including a 1.55 billion dollar contribution in the second quarter, up 7.8% from 1.44 billion dollars last year. Chief executive Deepak Nath called it a 'strong performance'. The transformation of Smith & Nephew is starting to deliver 'substantial value', Mr Nath added. In Europe on Tuesday, the CAC 40 in Paris fell 0.1%, while the DAX 40 in Frankfurt rose 0.4%. In New York, the Dow Jones Industrial Average was down 0.3%, the S&P 500 was 0.6% lower, and the Nasdaq Composite declined 0.8%. Palantir jumped 5.9% after it raised annual guidance after quarterly revenue hit one billion dollars for the first time, while drugs firm Pfizer climbed 4.5% and also raised its annual outlook after 'another strong quarter'. But Wall Street fell back overall after figures showed the US service sector slowed down in July. Wells Fargo noted the Institute for Supply Management service sector index fell to 50.1 in July from 50.8 in June, the third-lowest reading since the pandemic year of 2020, and below consensus which had expected an improvement to 51.5. TD Economics said the softer trend in ISM services is 'indicative of slowing US economic activity – a theme that we anticipate will become more entrenched in the third quarter'. 'While the Fed will have to tread carefully with ongoing signals of an uptick in price pressures ahead, growth-related concerns are likely to dominate and should get the Fed moving when it comes to easing monetary policy,' it added. The dollar was mixed after the data. The pound rose to 1.3301 dollars late on Tuesday afternoon in London, compared with 1.3287 dollars at the equities close on Monday. The euro traded at 1.1579 dollars, higher against 1.1568 dollars. Against the yen, the dollar was trading higher at 147.42 yen compared with 147.30 yen. The yield on the US 10-year Treasury was at 4.20%, trimmed from 4.22%. The yield on the US 30-year Treasury was 4.77%, narrowed from 4.81% from Monday. Data showed growth in the UK's key service sector slowed but beat expectations in July, amid an 'unfavourable global economic backdrop' while optimism improved as US tariff concerns faded. The S&P Global UK services purchasing managers' business activity index fell to 51.8 points in July from 52.8 in June, but beat the July 24 flash reading of a sharper fall to 51.2 in July. The composite PMI meanwhile eased to 51.5 in July from 52.0 in June, outperforming the 51.0 flash reading. On the FTSE 250, Northampton-based building materials provider Travis Perkins climbed 5.6% as it reported improving revenue trends at its Merchanting business, while well-received results, including strong orders, supported industrial flow control equipment manufacturer Rotork up 6.6%. Close Brothers rose a further 6.8% after the favourable motor finance ruling but Domino's Pizza was off the menu, down 18%, after it lowered its annual outlook, with 'weak' consumer confidence keeping a lid on sales growth. Brent oil was quoted lower at 68.04 dollars a barrel in London on Tuesday, down from 69.20 dollars late on Monday. Gold firmed to 3,385.82 dollars an ounce against 3,372.82 dollars. The biggest risers on the FTSE 100 were Smith & Nephew, up 177 pence at 1,331p, Fresnillo, up 86p at 1,520p, Diageo, up 89p at 1,904p, Melrose Industries, up 26.8p at 575p, and BP, up 11.4p at 417.4p. The biggest fallers on the FTSE 100 were Relx, down 90p at 3,814p, Lloyds Banking Group, down 1.8p at 80.7p, 3i, down 84p at 4,029p, Games Workshop, down 300p at 16, Experian, down 70p at 3,859p. Wednesday's local corporate calendar has half-year results from miner Glencore, insurance broker Hiscox and insurer Legal & General. The global economic calendar on Wednesday has eurozone retail sales and construction PMI readings in the UK and across Europe.