Tag: threatens

Ann Summers threatens landlords over shop rents

Image copyright Ann Summers Retailer Ann Summers has warned its stores’ landlords they must take “a more pragmatic approach” to negotiations over rents. The lingerie and sex toy chain said if this did not happen, it would ask to formally restructure its debts through a Company Voluntary Agreement (CVA). Chief executive Jacqueline Gold said landlords needed to recognise the retail… Read more →

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EU threatens escalation in tariff fight over Boeing and Airbus subsidies

Image copyright Getty Images The EU has threatened to escalate a 15-year row with the US over aircraft subsidies for Airbus and Boeing unless Washington agrees to a settlement. The EU and US have accused each other of propping up their home aviation markets with tax breaks, research grants and other aid. Europe’s trade commissioner said Washington has rejected moves… Read more →

Coronavirus: BA threatens legal action over quarantine plans

Image copyright Getty Images Image caption Airlines across the world grounded aircraft after passenger numbers collapsed British Airways owner IAG is considering mounting a legal challenge to quarantine rules which are due to come into effect on Monday. The dramatic move marks another sign of a breakdown in relations between the airline and the UK government. IAG boss Willie Walsh… Read more →