Budget airline easyJet looks set to deepen half-year losses next week, as it grapples with currency headwinds from the Brexit-hit pound and costs linked to launching a new European base. Analysts expect losses at the low-cost carrier to expand to around £210 million, in contrast to a £24 million loss over the period last year – with the lion’s share of the blow coming from sterling’s weakness. The half-year results are also expected to include a £10 million hit for an air operation certificate.
Barratt Developments has cheered Britain’s buoyant housing market after securing the highest number of completions since the financial crisis and record forward sales. The firm said total completions were on course to reach 17,350 for the full year, the highest amount since 2008, while total forward sales rose by 13% to a record £3.2bn.
File photo dated 01/08/12 of a sign for a Tesco store, as an investigation into the company's relationships with suppliers is now due to be published towards the end of January, almost a year after the regulator said it had "reasonable suspicion" that the supermarket giant had breached the Groceries Supply Code of Practice. PRESS ASSOCIATION Photo. Issue date: Monday December 28, 2015.