Business

Shell has announced annual profits of £32.2bn ($39.9) doubling from a year earlier and far exceeding the previous record of £25bn ($31bn) in 2008. The London-listed company also posted record fourth-quarter earnings of £7.9bn ($9.8bn). Shell chief executive Wael Sawan said: “Our results in Q4 and across the full year demonstrate the strength of Shell’s
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After Flybe went into administration on Saturday, many travellers will be out of pocket having bought tickets, while others are stranded in their outbound destination. Flybe has told its passengers to “not travel to the airport” unless they have arranged alternative flights with another airline. What are passengers’ rights if your flight is cancelled? Flybe
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Royal Mail’s parent firm has raised its estimate for the cost of industrial action so far to £200m and claimed that up to 12,500 union members have worked on strike days. International Distributions Services (IDS) said 18 days of walkouts at Royal Mail helped push the division to a £295m operating loss in the first
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