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Travel companies have seen a sharp surge in bookings as the government announced the current traffic light system of red, amber and green countries will be scrapped for England from 4 October.

Thomas Cook’s chief executive said customers are “already booking in their droves” following the latest travel changes, with the holiday company experiencing its second best day of bookings alone this year on Friday and expecting its “best weekend yet”.

Airlines including British Airways and easyJet also welcomed the major relaxing of travel rules for people coming in and out of England – but increased the pressure on the government to remove testing requirements altogether.

Passengers prepare to board an easyJet flight to Faro, Portugal, at Gatwick Airport
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From early October, anywhere not on the red list will be considered green and clear for travel

On Friday, Transport Secretary Grant Shapps announced that from early October, anywhere not on the red list will be considered green and clear for travel – with the amber list set to be removed.

Also from that date, travellers who are fully vaccinated will no longer need to take pre-departure tests for travelling into England from non-red list countries.

Then, from the end of October, they will be able to replace their day-two PCR test with a cheaper lateral flow test.

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Those unvaccinated will still have to pay for PCR tests.

The travel changes will kick into effect for the end of the school half term holidays, offering families more freedom to travel internationally during the break and in the lead up to Christmas.

Those returning from red countries will still have to quarantine in a government-approved hotel for 10 days.

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Transport sec explains reason for new travel system

Responding to the changes, which Mr Shapps said will create a “simpler system”, Thomas Cook boss Alan French said it is “a shot in the arm for both the travel industry and families up and down the country who are crying out for some much-needed late summer sun”.

Mr French said bookings for October half-term “are up more than 200% compared to August”, adding: “Based on our bookings already today, I would expect this weekend to be the biggest of the year so far as people take advantage of the great deals on offer, the new easier rules on testing and the simplified system for international travel.”

Managing director of TUI UK Andrew Flintham agreed that the latest travel changes are “a positive step forward” and will “provide much-needed reassurance for customers looking to book ahead”.

Mr Flintham added: “We’ve already seen an uptick in bookings for Turkey in October and a big increase in bookings for those looking to enjoy some winter sun.”

The chief executive of Virgin Atlantic, Shai Weiss, said “the overdue simplification” of the government’s rules for international travel “will deliver a significant boost to consumer confidence and UK economic recovery”.

But others have suggested the changes do not go far enough.

A person makes their way past the shop window of a Tui store in Eastleigh
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The managing director of TUI UK, Andrew Flintham, said the latest travel changes are ‘a positive step forward’

Some, including Karen Dee, Airport Operators Association chief executive, noted that England has “a more onerous approach to travel than our European competitors”.

Ms Dee said the change is “a good step forward”, but added: “Ultimately, we need to return to a situation similar to prior to the pandemic, in which people can travel without further tests or forms to fill out. The UK and devolved governments should aim for this as soon as is safely possible.”

Heathrow boss John Holland-Kaye added: “This simplification of the travel rules is very welcome for businesses and families across the country but the decision to require fully vaccinated passengers to take more costly private lateral flow tests is an unnecessary barrier to travel, which keeps the UK out of step with the rest of the EU.”

Similarly, easyJet chief Johan Lundgren said the announcement was “welcome”, but added: “However, vaccinated travellers and those from low-risk countries will still have to do an unnecessary test after arriving in the UK, making travel less affordable for all.”

British Airways chief executive and chairman Sean Doyle also urged the government to go further and sweep away all testing requirements for fully vaccinated travellers.

Meanwhile, Stewart Wingate, Gatwick Airport chief executive, said passenger locator forms should also be discarded.

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Donald Trump tells UK to ‘get rid of windmills’ and says raising windfall tax on North Sea oil is ‘big mistake’

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Donald Trump tells UK to 'get rid of windmills' and says raising windfall tax on North Sea oil is 'big mistake'

Donald Trump has said the UK is making “a very big mistake” in its fossil fuel policy – and should “get rid of windmills”.

In a post on Friday on his social media platform, Truth Social, Mr Trump shared news from November of a US oil producer pulling out of the North Sea, a major oil-producing region off the Scottish coast.

“The UK is making a very big mistake. Open up the North Sea. Get rid of windmills!”, the US president-elect wrote.

The Texan oil producer Apache said at the time it was withdrawing from the North Sea by 2029 in part due to the increase in windfall tax on fossil fuel producers.

North Sea oil rig
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North Sea oil rig. Pic: Reuters

The head of Apache’s parent company APA Corporation said in early November it had concluded the investment required to comply with UK regulations, “coupled with the onerous financial impact of the energy profits levy [windfall tax] makes production of hydrocarbons beyond the year 2029 uneconomic”.

Chief executive John Christmann added that “substantial investment” will be necessary to comply with regulatory requirements.

Mr Trump used a three-word campaign pledge “drill, baby, drill” during his successful election campaign, claiming he will increase oil and gas production during his second administration.

In the October budget announcement, UK Chancellor Rachel Reeves raised the windfall tax levied on profits of energy producers to 38%.

Called the energy price levy, it is a rise from the 25% introduced by Rishi Sunak in 2022 as energy prices soared following Russia’s invasion of Ukraine.

Many oil and gas businesses reported record profits in the wake of the price hike.

The tax was intended to support households struggling with high gas and electricity bills amid a broader cost of living crisis.

Apache is just one of a glut of firms that made decisions to alter their North Sea extraction due to the Labour policy.

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Business, the economy and the pound in your pocket – what to expect from 2025

Energy bills become more expensive

Even before the new government was elected, three companies, Jersey Oil and Gas, Serica Energy and Neo Energy – announced they were delaying, by a year, the planned start of production at the Buchan oilfield 120 miles to the north-east of Aberdeen.

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SME lender Tide rises to challenge with new fundraising

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SME lender Tide rises to challenge with new fundraising

Tide, the business banking services platform, has hired advisers to orchestrate a fresh share sale as it pursues rapid growth in the UK and overseas.

Sky News understands that Tide has been holding talks with investment banks including Morgan Stanley about launching a primary fundraising worth in excess of £50m in the coming months.

The share sale may include both issuing new stock and enabling existing investors to participate by offloading part of their holdings, according to insiders.

It was unclear at what valuation any new funding would be raised.

Tide was founded in 2015 by George Bevis and Errol Damelin, before launching two years later.

It describes itself as the leading business financial platform in the UK, offering business accounts and related banking services.

The company also provides its 650,000 SME ‘members’ in the UK a set of connected administrative solutions from invoicing to accounting.

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It now boasts a roughly 11% market share in Britain, along with 400,000 SMEs in India.

Tide, which employs about 2,000 people, also launched in Germany last May.

The company’s investors include Apax Partners, Augmentum Fintech and LocalGlobe.

Chaired by the City grandee Sir Donald Brydon.

Tide declined to comment on Friday.

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Hammond-backed outsourcer Amey among bidders for £300m Telent

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Hammond-backed outsourcer Amey among bidders for £300m Telent

An outsourcing group backed by Lord Hammond, the former chancellor of the exchequer, is among the suitors circling Telent, a major provider of digital infrastructure services.

Sky News has learnt that Amey, which endured years of financial difficulties before being taken over by two private equity firms in 2022, has tabled an indicative offer to buy Telent.

Industry sources expect a deal to be worth more than £300m, with a next round of bids due later this month.

Amey is part-owned by Buckthorn Partners, where Lord Hammond is a partner.

The outsourcer was previously owned by Ferrovial, the Spanish infrastructure giant, but ran into financial trouble before being sold just over two years ago.

It announced earlier this week that it had completed a refinancing backed by lenders including Apollo Global Management, HSBC and JP Morgan.

Amey is understood to be competing against at least one other trade bidder and one financial bidder for Telent.

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Once part of Marconi, one of Britain’s most famous industrial names, Telent ended up under the control of JC Flowers, the private equity firm, as part of a deal involving Pension Insurance Corporation, the specialist insurer, several years ago.

It provides a range of services to telecoms and other communications providers.

Amey declined to comment, while Telent could not be reached for comment.

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