Latest news with #industrySources
Daily Mail
2 days ago
- Business
- Daily Mail
The Government's looming Isa raid is even worse than you think, says our Money editor RACHEL RICKARD STRAUS. Here's why they're set to slash allowances
It is all but certain that Chancellor Rachel Reeves will slash the amount that we can put in cash Isas. She has repeatedly refused to deny that she will – and industry sources suggest the most likely limit will be £4,000 of our total £20,000 tax-free allowance – the rest to be used only for investing. But details hiding in official savings figures that have until now been overlooked make me fear that far more Isa restrictions are on the cards. Here's why.
Reuters
6 days ago
- Business
- Reuters
Airbus warns airlines that delays will last three years, sources say
PARIS, May 28 (Reuters) - Airbus ( opens new tab is warning airlines that delays in deliveries will persist for another three years as it works through a backlog of supply chain problems, industry sources said. The cautious tone on deliveries was reinforced at a recent customer gathering in Toulouse and increases pressure on Airbus to demonstrate progress towards a goal of increasing production of its main model to 75 jets a month, they added. "Airbus is talking about delays to aircraft in both 2027 and 2028," a senior airline executive said, adding the delays were being communicated in piecemeal fashion every few months. Another source said aircraft due for delivery later this decade had already been pencilled in for a six-month delay. "There is no real sign of improvement," said a third person following a recent customer presentation. "We are working together with suppliers to mitigate the impact of the current situation on our customers," an Airbus spokesperson said.
