Headlines - Heathrow airport and airlines launch rival appeals over landing fee ruling - Jaguar Land Rover pledges 15 bln stg investment in electric vehicles - Double-digit UK inflation offers little hope for end to cost of living crisis - Pension schemes to target BP's Lund over backtrack on climate pledges
Overview
- London's Heathrow Airport and two of the UK's biggest
airlines have launched separate appeals against the level of
landing charges at the hub airport.
- Jaguar Land Rover (JLR) will spend 15 billion pounds
($18.64 billion) over five years rolling out a suite of electric
vehicles.
- Britain's cost of living crisis is showing no sign of
easing after new data showed UK inflation stuck above 10% in
March, making it more likely that the Bank of England will
increase interest rates next month.
- Five of the UK's largest pension schemes, which together
oversee 244 billion pounds in assets, will vote against the
reappointment of BP plc's chair Helge Lund in a growing
revolt among key shareholders over the oil company's decision to
slow planned cuts in fossil fuel production and carbon
emissions.
($1 = 0.8046 pounds)
(Compiled by Bengaluru newsroom)
