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Istanbul overtakes Heathrow as Europe’s busiest airport

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Heathrow

Istanbul airport overtook Heathrow as Europe’s busiest airport in July, handling 8.15 million passengers against the west London hub’s 7.86 million, prompting Heathrow to say its “case for expansion has never been clearer”.

Figures published on Tuesday showed Heathrow’s July passenger total was 1.5 per cent lower than the same month last year, while Istanbul recorded a 2.3 per cent increase.

For more than two decades before the pandemic, Heathrow served more passengers than any other European airport, according to annual figures from the trade body Airports Council International. The UK’s biggest airport lost that position in 2020 amid coronavirus travel restrictions before regaining it in 2023.

Heathrow’s two runways operate at near full capacity and the airport is seeking government permission to build a third. Its £33bn expansion plan would enable it to accommodate 150 million passengers a year.

In a statement, the airport said: “The case for expansion has never been clearer, as Heathrow was overtaken in July by Istanbul airport as the busiest hub in Europe.

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“Our plans will ensure the country gets the infrastructure it needs to stay competitive and will deliver all-important economic growth.”

The two hubs operate under different conditions. The current Istanbul airport opened in late 2018 on a new site away from the city and residential neighbourhoods, gradually replacing Ataturk airport as Turkey’s main international hub. It has a far larger footprint than Heathrow and is able to operate 24 hours a day.

Selahattin Bilgen, Istanbul airport’s chief executive, said the news was “a significant milestone for our airport”.

“Thanks to our three independent runways, which can be operated simultaneously 24 hours a day, our advanced operational capabilities and high capacity, we have successfully overcome the capacity constraints faced by many major global hub airports,” he said.

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“With the addition of our fourth runway, which is set to become operational by the end of this year, we aim to take this growth even further by increasing the capacity we provide to airlines and passengers while elevating the quality of our services to the next level.”

The transport secretary, Heidi Alexander, launched a consultation on the Heathrow expansion national policy statement in June, setting out the conditions for the third runway to go ahead. The then chancellor, Rachel Reeves, said at the time that she was determined to get “spades in the ground” in the current parliament, and for the runway to be built by 2035.

The plans face opposition. Andy Burnham, the mayor of Greater Manchester, has previously said Heathrow expansion diverts infrastructure investment “away from the north and traps it in London”. Airlines including IAG and Virgin Atlantic have called on the Civil Aviation Authority to review Heathrow’s charging framework before a third runway is approved, warning that the costs would be passed on to passengers.

Thomas Woldbye, Heathrow’s chief executive, said: “Expanding Heathrow will help ensure the UK remains home to Europe’s leading hub and continues to benefit from the trade, investment and tourism that increased connectivity will bring.”

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Elsewhere, July was a record month at two other UK airports. London Stansted said it recorded its busiest month ever, welcoming 3.1 million passengers, a 6.3 per cent increase year on year. Manchester also had a record July, serving 3.4 million passengers.


Amy Ingham

Amy Ingham

Amy Ingham is a reporter at Business Matters, covering UK business news with a focus on breaking news, business policy, late payments and insolvency. She joined the magazine in 2026 after completing the NCTJ Diploma in Journalism at Harlow College’s journalism school. Her recent reporting includes British Steel’s nationalisation and its impact on SME suppliers, the decline in late payments by large firms, and Insolvency Service director disqualifications. Reach her at aingham@cbmeg.co.uk.

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Perth cannot and will not attract skilled workers if they cannot afford to live here

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Perth cannot and will not attract skilled workers if they cannot afford to live here

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InvestingPro’s Fair Value spotted UTI’s 46% drop before it happened

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InvestingPro’s Fair Value spotted UTI’s 46% drop before it happened

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BofA cuts WeRide stock price target to $10.70 on valuation

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BofA cuts WeRide stock price target to $10.70 on valuation

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Yorkshire and Humber economy buoyed by stablisation of orders, survey finds

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The NatWest survey of private businesses has the region’s economy close to growth

Leeds city centre

Leeds city centre

The Yorkshire and Humber private sector is close to a return to growth after a stabilisation of new orders during July, a new survey suggests.

The NatWest Regional Growth Tracker, which measures the output of the region’s manufacturing and service sectors, rose to 49.1 in July from 45.5 in June. Scores above 50 denote when the economy is in growth.

New orders were little changed in Yorkshire and Humber during July, the survey found, with a number of respondents indicating that customer confidence remained subdued amid market uncertainty. Non-replacement of departing staff as part of efforts to limit costs resulted in a further fall in employment, now marking 20 months of decreases in the regional workforce.

Companies reported sharp rises in input costs, particularly fuel oil and raw materials. The rate of inflation slowed markedly from the previous month, however.

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Business confidence in Yorkshire and Humber fell slightly in July amid ongoing uncertainty and worries about geopolitics. But firms in the region were broadly optimistic overall for the prospects in the coming year, which was reflected in investment plans, the survey found.

Malcolm Buchanan, chair of the NatWest North regional board, said: “There were some encouraging signs from the latest Yorkshire and Humber Growth Tracker, particularly with regards to customer demand which stabilised following a period of decline amid geopolitical issues. Although still muted, the inflow of new orders was such that firms posted softer reductions in output and employment levels as the second half of the year began. Adding to the alleviation of headwinds facing firms, inflationary pressures also cooled.

“While conditions looked to be moving positively in July, firms remained only cautiously optimistic regarding the future as geopolitics continues to loom over the global economy and has the potential to throw the nascent recovery off course.”

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Meta glasses banned from courts in England and Wales

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Meta glasses banned from courts in England and Wales

His Majesty’s Courts and Tribunals Service has banned Meta smart glasses from court buildings across England and Wales, with security staff instructed to confiscate the devices on entry and return them when the wearer leaves.

“There are clear restrictions on taking images or videos within courts and tribunals which is why the use of Meta glasses is prohibited,” an HMCTS spokesperson said.

HMCTS runs the criminal, civil and family courts in England and Wales. Smartphones remain permitted in court buildings, provided they are not used to record hearings. HMCTS is not extending that exception to smart glasses because the glasses can record while being worn.

Section 41 of the Criminal Justice Act 1925 prohibits taking a photograph, or making a portrait or sketch, of judges, jurors, witnesses or parties to proceedings. The prohibition applies in the courtroom, in the building, in the precincts of the building and to images of a person entering or leaving. Section 9 of the Contempt of Court Act 1981 covers sound recordings made in court. Unauthorised recording can result in contempt of court proceedings.

The issue has already surfaced in a UK courtroom. Earlier this year a claimant in a High Court case was accused of using smart glasses to receive coaching while giving evidence under cross-examination. He denied the allegation and said the glasses were not connected to his phone.

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The HMCTS decision follows a comparable restriction introduced by New York’s court system last month.

Meta’s Ray-Ban glasses take photographs and record video while worn. Meta says a pulsing LED activates during recording and that tamper-detection technology stops users covering it. The company has shipped more than seven million pairs, and the devices account for more than 80 per cent of the global AI eyewear market, figures reported as the glasses became the centre of a widening privacy row.

Clara Westbrook, partner and head of privacy at Arbor Law, said the ban points to a gap between the technology and the rules governing it. Westbrook has more than 20 years’ experience advising organisations on European and English data protection law, was previously a director in the international privacy centre at Warner Bros. Discovery, and has held senior data protection roles at Yum! Brands and Richemont. She holds a part-time senior counsel position at Burberry.

“This week’s court ban shows how far behind the law is on this technology,” Westbrook said. “Most people in a meeting, a client office or a public space have no way of knowing someone nearby is recording, these glasses look like ordinary eyewear. That’s a real problem for data protection: if personal data is captured and stored without people’s knowledge, that’s potentially unlawful processing under UK GDPR, and it can breach a company’s own confidentiality and IT policies.”

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She added: “It also creates a headache few organisations have thought through, footage sitting on someone’s wearable is personal data too, and it could fall within scope of a subject access request. Courts moving to ban them outright is a sign other institutions and employers need to get ahead of this now, not after something goes wrong.”

Under the Information Commissioner’s Office guidance on the right of access, organisations must provide personal information held on staff personal equipment where they remain the controller, and must supply a copy of footage containing a requester’s data unless an exemption applies. The ICO says footage that identifies other people will usually need to be redacted.

The court ban lands in a year in which UK firms have been warned about tightening rules on data and AI, and follows the introduction of a statutory data protection complaints process under the Data (Use and Access) Act 2025, which took effect on 19 June 2026.

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Bullish 2026 Q2 – Results – Earnings Call Presentation (NYSE:BLSH) 2026-08-14

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Royal Show cuts poultry competition over bird-flu concerns

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Royal Show cuts poultry competition over bird-flu concerns

The Royal Agricultural Society of WA has moved to cancel the Perth Royal Show’s poultry competition over concerns it could become a bird flu super-spreader event.

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Cloudflare: I Was Wrong, A 'Palantir' Moment Is Coming (Upgrade)

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Cloudflare: Flawless Execution Meets Mathematically Impossible Valuation (NYSE:NET)

Cloudflare: I Was Wrong, A 'Palantir' Moment Is Coming (Upgrade)

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Why is AP Moeller – Maersk stock surging today?

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Formica narrows losses as sales rise in UK and Europe

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Formica near North Shields, North Tyneside

Formica near North Shields, North Tyneside

Plastic manufacturer Formica has reported an improving financial picture despite falling to a fifth consecutive year of losses.

The North Shields company – which has been a fixture on the Coast Road for more than 70 years – has released accounts for 2025 in which its revenues increased from £35.7m a year earlier to £41.4m. Over the same period, the company’s operating loss narrowed from £8.3m in 2024 to £5.7m.

A breakdown of sales shows that more than half the company’s income (£28.1m) came from exports to Europe, with £13.2m of sales in the UK.

Formica has been restructuring its operations in the North East over the last few years, with headcount at the factory more than halving since 2018. The new accounts put the company’s employee numbers at 232, a slight rise on the previous period.

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The company has also been remodelling the Coast Road site, knocking down a number of buildings that are no longer in use. Restructuring costs of £300,000 are recognised in the accounts that relate to the demolition of the Finished Goods Warehouse at North Shields.

In the accounts, the company says it is “continuing to focus on its North Shields facility”, adding that “whilst reducing the factory footprint we believe through modernisation and centralisation we will be able to support future growth in a controlled manner and therefore benefit from an improved operating leverage.”

The directors add: “Formica Limited has completed a number of projects as part of a significant investment programme at its North Shields site, resulting in a reduced cost footprint. Meanwhile, the company has taken steps to strengthen its commercial margin.

“Along with other actions such as administrative cost reductions and commercial and operational synergies with sister companies in the group, the financial run-rate of the company is improving and is expected to continue to improve, driven by the market demand as well as ongoing commercial and marketing initiatives.”

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The Formica product dates back to 1913 when an employee of US-based Westinghouse filed a patent for process to make laminated insulators.

The North Shields plant has been part of the Dutch Broadview Holdings group since 2018 after it was bought in an $840m deal from previous owners Fletcher Building, which is based in New Zealand. In March, Formica’s third party UK sales business was also sold to Broadview.

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