Heathrow reported its busiest ever December this year, driven by booming demand for transatlantic travel and a bumper Christmas.
Some 6.6m passengers passed through the west-London hub last month. Of those, 1.6m involved trips across the pond, helping New York’s JFK airport clinch the top spot as the most popular destination for the year.
The record month was also boosted by nearly 800 flights departing on Christmas day and carrying 142,000 passengers.
December brought Heathrow’s total annual passenger numbers to 79m over 2023, a year which saw Europe’s busiest hub finally break pre-pandemic traffic levels and edge closer to turning a profit.
https://www.cityam.com/london-heathrow-airport-has-its-busiest-ever-december-as-transatlantic-travel-booms/
The US has made the long-awaited decision to allow Bitcoin to be part of mainstream investing funds.
It has approved what are known as spot Bitcoin exchange-traded funds (ETFs), which can be purchased by anyone from pension funds to ordinary investors.
https://www.google.com/amp/s/www.bbc.co.uk/news/technology-67916142.amp
ALIEN METALS (@AlienMetals) posted at 0:23 pm on Wed, Jan 10, 2024:
Citi analysts believe any dip in iron ore from here through to at least Chinese New Year could represent a buying opportunity for investors. Iron ore is set to fall for a fourth straight session amid rising supply, softer demand, and lower blast furnace rates in China.
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(https://x.com/AlienMetals/status/1745058813902819619?t=_7_fItyqf07KfgXUASTaDQ&s=03)
ALIEN METALS (@AlienMetals) posted at 0:23 pm on Wed, Jan 10, 2024:
Market index reported that the iron ore price rally could continue as we enter 2024. Since 2008, iron ore has averaged a 1.9% gain in January and positive 64% of the time.
Read here: https://t.co/2wf2tDEq8I
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(https://x.com/AlienMetals/status/1745058755505455201?t=Fu6DLsyivIEhsexrgDva2w&s=03)
Https://www.cityam.com/new-10-charge-to-change-at-heathrow-will-hand-lead-to-european-rivals/
Https://www.google.com/amp/s/www.bbc.co.uk/news/business-67914707.amp
WASHINGTON, Jan 9 (Reuters) - The World Bank warned on Tuesday that global growth in 2024 is set to slow for a third year in a row, prolonging poverty and debilitating debt levels in many developing countries.
Hamstrung by the COVID-19 pandemic, then the war in Ukraine and ensuing spikes in inflation and interest rates around the world, the first half of the 2020s now looks like it will be the worst half-decade performance in 30 years, it added.
https://www.reuters.com/markets/world-bank-forecasts-2024-global-growth-slow-third-consecutive-year-2024-01-09/
UK banks are facing a much tougher year in 2024 than over the past twelve months, according to analysts at Liberum.
"Cyclical and secular declines in loan growth, combined with competition from fintechs and non-banks, rising tech debt and unfavourable regulation will likely strain equity returns.
“We expect growth to continue decelerating in 2024 and likely turn negative.
https://www.proactiveinvestors.co.uk/companies/news/1037892/uk-banks-face-tough-2024-as-tailwinds-weaken-suggests-broker-1037892.html
Https://www.cityam.com/interest-rates-in-the-uk-are-caught-in-a-tug-of-war/
Https://speedcafe.com/aston-martin-new-wind-tunnel-big-change/
Analysts at the bank said "a shallower margin decline, more non interest income support and a substantial Q4 buyback make Lloyds our top pick."
https://www.proactiveinvestors.co.uk/companies/news/1037620/uk-bank-profits-will-feel-squeeze-but-lloyds-and-natwest-best-positioned-analysts-1037620.html