BUSINESS LIVE: Heathrow eyes 81.4m in traffic; Ofgem could up price cap; Naked Wines losses widen

Published on: December 15, 2023

By Live Commentary

Updated: 08:08 GMT, 15 December 2023

The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Heathrow, Naked Wines and Everyman Media Group. Read the Friday 15 December Business Live blog below.

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Heathrow eyes 81.4m in traffic in 2024

Heathrow expects to handle 81.4 million passengers in 2024, up from 79.1 million this year, with Britain’s busiest airport encouraged by a strong recovery in travel demand.

The group said: ‘The strong recovery in traffic at Heathrow continued in the first eleven months of 2023, with a total of 72.5 million passengers travelling through the airport.

‘We saw a significant increase in connectivity across various regions, highlighting an impressive recovery, with Heathrow named the most connected airport in the world by OAG. We remain Europe’s busiest airport, and in October became the 4th busiest airport globally. ‘

Rio Tinto caught in the middle of war with Australian mining dynasties

Rio Tinto has been dragged into a high-stakes trial pitting the billionaire descendants of Australia’s mining pioneers against each other.

Lawyers for the Anglo-Australian firm have been in the state’s Supreme Court seeking to fend off claims over billions of dollars in iron ore royalties that flowed from discoveries made as far back as the 1950s and 1960s.