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Heathrow Airport warns it could lose European crown without expansion

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It has said it could lose the title of busiest airport

a British Airways plane taking off from Heathrow Airport

A British Airways plane taking off from Heathrow Airport(Image: Daniel Leal-Olivas/PA Wire)

Heathrow Airport has begun the new year by smashing its previous traffic record, but has issued a stark warning that it risks losing its crown without advancement on expansion.

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Approximately 6.5 million passengers passed through the airport in January, representing a 2.2 per cent rise on last year and making it the busiest January on record. The month also saw multiple peak days exceeding 250,000 passengers, surpassing the previous January’s record of 246,000.

Yet despite the fresh milestones, the airport’s leadership seized the opportunity to deliver a stark warning on expansion, as reported by City AM.

“We remain Europe’s largest airport, but latest figures show we may lose that position in 2026 and we cannot keep driving growth for the UK economy without more capacity,” chief executive Thomas Woldbye said.

“That’s why Heathrow expansion is so critical.”

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Woldbye said the decision the government takes this year is “essential to enable the delivery of the UK’s flagship growth project”.

As of February 2026, the expansion scheme for Britain’s largest airport officially shifted out of its paused state and into a preparatory phase. Following the government’s formal endorsement of the Northwest Runway scheme in late 2025, the project is now working towards a series of critical regulatory hurdles this year.

Towards the end of January, the airport disclosed that mounting staff costs and the government’s controversial business rates policy were set to take a bite out of the company’s growing turnover.

The business revealed its profit had plummeted by 38 per cent during the nine months to October and highlighted higher-than-anticipated expenses, chiefly stemming from government policy.

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The firm particularly pointed to “employment and business rates” putting its bottom line “under pressure”.

At the start of 2025, Chancellor Rachel Reeves backed the Heathrow expansion as part of the government’s flagship growth drive.

Reeves told business leaders the Heathrow expansion would “make Britain the world’s best connected place to do business”.

Historic expansion attempts have previously encountered obstacles owing to environmental concerns.

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Reeves’ proposal has continued to meet resistance, including from London mayor Sadiq Khan who last year stated he “remains opposed” to a third runway.

“I remain opposed to a new runway at Heathrow airport because of the severe impact it will have on noise, air pollution and meeting our climate change targets,” the mayor said.

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Council considers extending food voucher scheme

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Council considers extending food voucher scheme

The council earmarks £1m to pay for the vouchers as part of a new Crisis and Resilience Fund.

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Oil price jumps after Qatar warns all Gulf production could stop within days

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Oil price jumps after Qatar warns all Gulf production could stop within days

Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.

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Broadcom: The Most Important Non-GPU AI Compounder Is Becoming Indispensable

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Broadcom: The Most Important Non-GPU AI Compounder Is Becoming Indispensable

Broadcom: The Most Important Non-GPU AI Compounder Is Becoming Indispensable

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GRSE, Cochin Shipyard & Mazagon Dock shares rally up to 18% in two days. Here’s what’s triggering the surge

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GRSE, Cochin Shipyard & Mazagon Dock shares rally up to 18% in two days. Here’s what’s triggering the surge
Shares of defence shipbuilding companies have rallied sharply even as the broader market has come under significant selling pressure since the Middle East conflict involving the US, Israel and Iran first broke out.

To put things in perspective, Cochin Shipyard shares have climbed nearly 9% over the past two sessions, while Mazagon Dock Shipbuilders has surged about 18% during the same period. Garden Reach Shipbuilders & Engineers, meanwhile, has gained around 5% in today’s trade.

The rally follows reports that a US submarine fired a torpedo that sank an Iranian warship off the south coast of Sri Lanka. Reports indicated that 87 sailors were killed and 32 others were rescued, while the remaining crew members are still missing. Iran’s Foreign Minister Abbas Araghchi said there were 130 sailors on board the vessel.

The development is significant as such an attack by the US has not taken place in more than 80 years, according to multiple media reports. In recent times, warfare has largely shifted toward aerial capabilities such as drones and missiles. While naval attacks are not entirely unexpected, such an incident is considered unconventional in the current context.

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Naval combat incidents, such as the sinking of a warship, often prompt countries in the region to strengthen their maritime defence capabilities. Governments typically accelerate spending on assets such as warships, submarines, surveillance vessels and unmanned naval systems, which in turn improves the order outlook for defence shipbuilders.


IIndia closely monitors developments in the Indian Ocean region, and any conflict near Sri Lanka underscores the strategic importance of key sea lanes. Such developments could prompt the government to accelerate naval fleet expansion and modernisation, benefiting domestic shipyards involved in building naval platforms.India has also been increasingly focused on the indigenisation of defence platforms, including naval vessels. As a result, any push to strengthen maritime capabilities is likely to translate into higher domestic orders for Indian shipyards rather than reliance on imports.
Ever since the war broke out, benchmark index Nifty has shed 2.50% while the 30-share Sensex has declined 2%.Also read: Reliance Industries shares rise over 2% after US allows Indian refiners to buy Russian crude under a 30-day waiver

Indian stock markets declined on Friday, with the Sensex falling around 500 points and the Nifty 50 hovering near the 24,600-mark in the morning. Escalating war between Iran and the US-Israel was among the key factors behind the market drop. The war entered its 7th day and continued to worsen, with the leaders of the countries threatening more escalations ahead. US Defence Secretary Pete Hegseth has said that the conflict has “only just begun”. US President Donald Trump said yesterday that he has “no time limits” on how long the war can go on.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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US-Israeli ‘Operation Roaring Lion’ Enters Day Eight as Trump Demands Iran’s Unconditional Surrender

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US President Donald Trump unveils the names of the Kennedy Center honorees -- Sylvester Stallone, Michael Crawford, Gloria Gaynor, George Strait and rock band KISS

The Middle East has entered its most perilous week in modern history as the joint US-Israeli military campaign against Iran, codenamed “Operation Roaring Lion” by Jerusalem and “Operation Epic Fury” by Washington, entered its eighth day on Saturday, March 7, 2026. With the death of Supreme Leader Ali Khamenei confirmed and the Strait of Hormuz effectively closed, President Donald Trump has escalated his rhetoric, demanding the “unconditional surrender” of the Iranian regime.

US President Donald Trump unveils the names of the Kennedy Center honorees -- Sylvester Stallone, Michael Crawford, Gloria Gaynor, George Strait and rock band KISS
US President Donald Trump
AFP

The conflict, which began with a massive coordinated strike on February 28, has fundamentally reshaped the geopolitical landscape of West Asia in just one week. What started as a campaign to dismantle Iran’s nuclear and ballistic missile infrastructure has evolved into a full-scale regional war involving multiple nations and threatening the stability of the global economy.

1. The State of the Conflict: March 7, 2026

As of Saturday morning, the Israel Defense Forces (IDF) and US Central Command (CENTCOM) reported that the first phase of the war—establishing air superiority—is largely complete.

  • Air Dominance: Israeli Chief of Staff Lieutenant General Eyal Zamir announced that over 300 ballistic missile launchers have been rendered inoperable.
  • Casualty Reports: While verified data is difficult to obtain due to internet blackouts in Iran, the Iranian Red Crescent estimates the death toll has exceeded 1,300, while some human rights groups fear the number is closer to 3,000.
  • Regional Spread: Iran’s retaliatory strikes have not been limited to Israel. In a desperate bid to pressure the US, Tehran has launched hundreds of drones and missiles at Gulf states, including the UAE, Kuwait, and Bahrain, targeting US military assets and civilian infrastructure.

2. Trump’s “Unconditional Surrender” Mandate

In a series of late-night statements from the White House, President Trump rejected calls for a ceasefire, stating that the US will not stop until a new, “non-nuclear” leadership is established in Tehran. “We are not looking for a deal that lasts ten years; we are looking for a total transformation,” Trump said. He further complicated the diplomatic path by rejecting the potential candidacy of Mojtaba Khamenei (the late Supreme Leader’s son) for any interim role, calling him “unacceptable.”

3. The “Second Iran War” and the Gulf Crisis

The conflict has been dubbed the “Second Iran War” by international observers, following a shorter 12-day skirmish in June 2025. However, the current escalation is far more severe.

  • Strait of Hormuz: The IRGC has officially declared the Strait closed. While the US Navy has reportedly destroyed 17 Iranian warships to keep the lanes open, insurance rates for tankers have skyrocketed, causing Brent crude to surge past $88 per barrel.
  • The “Strategic Patience” Ends: Analysts note that Iran has abandoned its decade-long doctrine of “strategic patience.” By striking at Arab neighbors like Azerbaijan and the UAE, Tehran is attempting to break the US-aligned coalition by force.

4. Impact on Israel and Lebanon

While Israel’s “Arrow” and “David’s Sling” defense systems have intercepted the vast majority of incoming fire, the psychological toll is mounting.

  • Domestic Impact: At least 12 Israeli civilians have been killed by debris or direct hits in densely populated areas like Ramat Gan and Beit Shemesh.
  • The Northern Front: Hezbollah has launched over 115 waves of attacks from Southern Lebanon, triggering a massive Israeli counter-offensive that has displaced over 300,000 Lebanese civilians. The Lebanese government has reportedly attempted to ban Hezbollah’s military activities to avoid total national destruction, though the group remains defiant.

5. Humanitarian and Global Concerns

The United Nations has condemned the “unprovoked” nature of the initial strikes, with experts warning of a “profound human tragedy.”

  • Internal Iran: Massive protests, which began in late 2025 due to a failing economy, have turned into chaotic jailbreaks and localized rebellions, particularly in Kurdish regions.
  • The Oil Factor: With QatarEnergy halting LNG production and Saudi Aramco reporting fires at the Ras Tanura facility, the world is bracing for a global energy shock that could dwarf the crises of the 1970s.
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Chomps adds chicken sticks

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Chomps adds chicken sticks

The new snacks are available in three flavors.

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Germany stocks lower at close of trade; DAX down 1.13%

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Germany stocks lower at close of trade; DAX down 1.13%

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US economy unexpectedly loses jobs in February; unemployment rate rises to 4.4%

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US economy unexpectedly loses jobs in February; unemployment rate rises to 4.4%


US economy unexpectedly loses jobs in February; unemployment rate rises to 4.4%

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Closed-End Funds: My Top 10 Holdings February 2026

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Closed-End Funds: My Top 10 Holdings February 2026

This article was written by

Nick Ackerman is a former financial advisor using his experience to provide coverage on closed-end funds and exchange-traded funds. Nick has previously held Series 7 and Series 66 licenses and has been investing personally for over 14 years.He contributes to the investing group CEF/ETF Income Laboratory along with leader Stanford Chemist, and Juan de la Hoz and Dividend Seeker. They help members benefit from income and arbitrage strategies in CEFs and ETFs by providing expert-level research. The service includes: managed portfolios targeting safe 8%+ yields, actionable income and arbitrage recommendations, in-depth analysis of CEFs and ETFs, and a friendly community of over a thousand members looking for the best income ideas. These are geared towards both active and passive investors. The vast majority of their holdings are also monthly-payers, which is great for faster compounding as well as smoothing income streams. Learn More.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of TYG, HTD, BME, BDJ, DPG, UTF, ETV, CII, GDV, EVT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Nature’s Path undergoes brand refresh

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Nature’s Path undergoes brand refresh

Initiative makes products easier to spot at retailers, the company says.

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