Aviation

Here’s a takeover tale that captures the zeitgeist. It involves two FTSE 250 companies and some deep-pocketed US investors – and I’ll explain it as simply as I can. In essence, how would you feel if your GP surgery fell into the hands of American investors associated with the book title Barbarians at the Gate? The first of the two London-listed companies is Assura, which owns 600 NHS surgeries and diagnostic facilities and has accepted a cash offer of £1.6 billion from a pair of New York investment giants. They are Stone-peak, which holds a huge global portfolio of infrastructure assets, and Kohlberg Kravis Roberts, whose initials KKR may be

Airport security was much on my mind last Friday afternoon. I had been due to fly from Heathrow to Zurich that morning, but the substation fire meant a switch to an afternoon departure from London City Airport. City is a business-oriented operation in every respect and one of its many efficient features is a baggage-checking regime that does not require you to separate your 100ml bottles of shampoo and shaving foam into a plastic ziplock bag. The X-ray machine and associated sensors are supposed to penetrate your luggage and identify anything dangerous with scientific precision. My heart sank when my carry-on bag was shunted off the conveyor belt and a

Oscar, 26, joins me on Google Meet from Buenos Aires, having arrived earlier that day from New York – by way of a few hours in Mexico City and Panama. Just five days ago, he was in London. ‘New York was just going to be a weekend trip for a conference, but then I thought while I’m in America, I might as well head south and here I am.’ It’s a far cry from Wales, where his family lives. Yet this itinerary is barely a ripple in Oscar’s relentless travel schedule. His nonstop approach to flying places him firmly within a new tribe of Gen-Z frequent fliers – mostly men

Last week, if you’d known what to listen for, you might have heard a chorus of miniature whistles in gardens across the UK. Other sounds too: the whirr of pistons, the hissing of steam from valves. Up and down the nation, enthusiasts were fuelling up their model traction engines and steamrollers and raising steam not in celebration, but in mourning. It was a tiny mechanical wake for Mamod, the Birmingham firm which has made model steam engines since 1936, and which has announced that it is ceasing production. It’s estimated that more than 2.5 million engines have been sold by the company over the years. As commerce and government push

Airports are on my mind, since I’ve just stepped off an on-time early-morning flight from East Midlands to Bergerac – yes, Ryanair, efficient as ever. But what a relief not to be battling through Heathrow, where such anarchy has taken hold that the Civil Aviation Authority and Department for Transport have given chief executive John Holland-Kaye an ‘ultimatum’ to sort it out – after he capped passenger numbers at 100,000 a day, forcing innumerable flight cancellations. As the airport that used to be Britain’s gateway to the world becomes a global embarrassment, attention turns to the question of whether the man in charge should resign or be fired. I had

According to Richard Branson, the secret to running a successful airline is to keep the staff happy. They will, in turn, be nice to the passengers, who will themselves be happy and flock to fly. A charming if naive theory. Virgin Atlantic, run on this principle, has teetered on the edge of insolvency for years. Ryanair chief executive Michael O’Leary, on the other hand, doesn’t seem especially obsessed with the morale of either his cabin crews or his passengers. He cares about watching the pennies and making sure his planes run on time. He is a brutal negotiator. When Willie Mullins, who trained his 60 racehorses, tried to increase his

Biergate Sir Keir Starmer was facing the scandal of ‘beergate’. Biergate is a lane in the Lincolnshire village of Grainthorpe. It is a noted area for grain production, although the origin of the name is not clear as it has also been recorded as Beargate on old maps. – It would not be happy hunting ground for Starmer or Labour as it has both a Conservative district and county councillor. – One thing you won’t find close by is beer. The village used to have a pub, the Black Horse Inn, but it closed in 2017. Not sharing Bill Gates declined to deny that he is shorting Tesla shares. What

Flying to Kalamata this week, I did my own little bit to reduce the terrible queues at Heathrow Terminal 5. Heroically, I stacked up the grey luggage trays once they’d been emptied by passengers coming through security. As a result, there were more loaded trays for people to pick up, and a smaller tailback of passengers — including me — waiting to pick up their unloaded trays. It was just a tiny example of the hundreds of things that could be done to reduce queues in airports, hospitals, train stations, supermarkets… The British may be famous for their patient queueing but it doesn’t mean we actually like doing it. So

Royal waves Does any other country have a royal yacht? — The Queen of Denmark uses HDMY Dannebrog, a 260ft vessel built in 1932 to replace a paddle steamer of the same name. — The Dutch royal family own a 50ft 1950s yacht, De Groene Draeck, used only locally. — King Harald V of Norway has the use of HNoMY Norge, a 264ft vessel originally built for aircraft manufacturer Thomas Sopwith in 1937 and bought by the Norwegian people for their royal family after the second world war. It was restored following a serious fire in 1985. — King Mohammed VI of Morocco owns El Boughaz I, a 133ft yacht

During the political car crash of 2019, I couldn’t imagine ever agreeing with Theresa May. Yet last week she exhibited both principle and pragmatism — qualities sorely lacking in her capitulation to the conniving EU paradigm whereby Northern Ireland made Brexit supposedly insoluble. The legacy of that surrender, Ulster’s disastrously unworkable trade protocol, will wait for another day. I come to praise May, not to bury her. The previous prime minister stressed to the Commons that ‘chaotic’ and ‘incomprehensible’ international travel restrictions, more oppressive this summer than last, send the message that Britain is ‘shut for business’. She upbraided the government for failing to register three truths: ‘we will not