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THE WIRE

BUSINESS NEWS HEADLINES

EasyJet takes £15m hit from drone chaos
EasyJet takes £15m hit from drone chaos

EasyJet has said the chaos at Gatwick caused by drone sightings before Christmas cost it £15m, describing it as a "wake-up call" for UK airports.

Wage growth at highest level since 2008 crisis
Wage growth at highest level since 2008 crisis

Total pay awards hit their highest level in more than 10 years in the three months to November, according to official figures showing record employment in the run up to Brexit.

Activist Elliott weighs Dixons Carphone stake
Activist Elliott weighs Dixons Carphone stake

The activist investor Elliott Advisors is exploring plans to acquire a big stake in Dixons Carphone following a slump in the mobile phone and electrical goods retailer's share price.

Ashley tables rescue bid for stricken HMV
Ashley tables rescue bid for stricken HMV

The Sports Direct tycoon Mike Ashley is in talks to snap up another chunk of Britain's struggling high streets by tabling a bid to rescue HMV from administration.

Top Flybe investor declares war over £2m sale
Top Flybe investor declares war over £2m sale

Flybe's biggest shareholder has launched a stunning attack on its directors, accusing them of breaching their duties to investors and threatening a legal challenge to the cut-price takeover of one of Britain's best-known airlines.

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