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11/11/2004
Future of F1's British Grand Prix is secured
The British motorsport industry has the "opportunity to further enhance its reputation as a world leader" after the future of the British Grand Prix at Silverstone was secured, according Sports Minister Richard Caborn.
He was speaking after it was confirmed that, with 19 races now on the 2005 Formula One calendar, the British Grand Prix is secure. Its place now awaits official ratification at the FIA World Council meeting in Monaco on December 10.
As well as securing the showpiece Grand Prix event, the Minister said he was confident that this deal would be "the springboard needed for the industry to make further developments to its world-class business cluster in the East Midlands".
He said: "This deal is excellent news for not just the thousands of Formula One fans in the UK, but the motorsport industry that revolves around the Silverstone Grand Prix as well. It now represents a fantastic opportunity for everyone involved in UK motor sport to further enhance the industry's reputation as a world leader.
"We are now determined through the partnership of the British Racing Drivers Club, local authorities and the Development Agencies to not just make the necessary circuit improvements but build the world's best high performance motorsport industry cluster too. With F1's many British based teams now remaining on these shores, we will have the continued supply of 40,000 jobs as well."
Derek Mapp, Chairman of the East Midlands Development Agency (EMDA), who has represented government departments during negotiations, added: "This is great news for both UK motorsport fans and manufacturers and provides the basis for further partnership working to secure additional investment to secure the future and the UK's leadership of this world class business."
(gmcg/sp)
He was speaking after it was confirmed that, with 19 races now on the 2005 Formula One calendar, the British Grand Prix is secure. Its place now awaits official ratification at the FIA World Council meeting in Monaco on December 10.
As well as securing the showpiece Grand Prix event, the Minister said he was confident that this deal would be "the springboard needed for the industry to make further developments to its world-class business cluster in the East Midlands".
He said: "This deal is excellent news for not just the thousands of Formula One fans in the UK, but the motorsport industry that revolves around the Silverstone Grand Prix as well. It now represents a fantastic opportunity for everyone involved in UK motor sport to further enhance the industry's reputation as a world leader.
"We are now determined through the partnership of the British Racing Drivers Club, local authorities and the Development Agencies to not just make the necessary circuit improvements but build the world's best high performance motorsport industry cluster too. With F1's many British based teams now remaining on these shores, we will have the continued supply of 40,000 jobs as well."
Derek Mapp, Chairman of the East Midlands Development Agency (EMDA), who has represented government departments during negotiations, added: "This is great news for both UK motorsport fans and manufacturers and provides the basis for further partnership working to secure additional investment to secure the future and the UK's leadership of this world class business."
(gmcg/sp)
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05 July 2002
Low cost airline numbers continue to grow
Low-cost airline partners Easyjet and Go have announced increases in passenger numbers for the month of June. Easyjet said it carried 958,857 passengers, an increase of 51.5% compared with last year, and 6% higher than in May, while Go reported a 71.8% increase in passenger number to 550,749.
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Low-cost airline partners Easyjet and Go have announced increases in passenger numbers for the month of June. Easyjet said it carried 958,857 passengers, an increase of 51.5% compared with last year, and 6% higher than in May, while Go reported a 71.8% increase in passenger number to 550,749.
14 June 2002
bmi favour one-way fare system
bmi british midland has scrapped its traditional “full service” fares system and introduced a one-way fare structure. From Friday June 14 onwards, bmi will "move away" from the return fare structures and offer all passengers fares that can be booked on a one-way basis.
bmi favour one-way fare system
bmi british midland has scrapped its traditional “full service” fares system and introduced a one-way fare structure. From Friday June 14 onwards, bmi will "move away" from the return fare structures and offer all passengers fares that can be booked on a one-way basis.
26 April 2002
Bmi British Midland profits increase to £12.4m
In their latest report bmi British Midland have revealed an increase in pre-tax profits of 51.2% to £12.4 million up from £8.2 million in 2000. This is on the back of a 2.4% growth in revenues to £756.9 million (up from £739.2 million in 2000) for the year ending 31 December 2001. However, bmi said that passengers carried had declined by 5.2% to 6.
Bmi British Midland profits increase to £12.4m
In their latest report bmi British Midland have revealed an increase in pre-tax profits of 51.2% to £12.4 million up from £8.2 million in 2000. This is on the back of a 2.4% growth in revenues to £756.9 million (up from £739.2 million in 2000) for the year ending 31 December 2001. However, bmi said that passengers carried had declined by 5.2% to 6.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
