US recession fears hit markets; Aldi to open more UK stores as profits more than double – business live

US recession fears hit markets; Aldi to open more UK stores as profits more than double – business live

Rolling coverage of the latest economic and financial news, as Asia-Pacific markets are hit by worries over US jobs market

In the airline industry, Ryanair boss Michael O’Leary has issued a fresh call for the chief executive of air traffic control (ATC) provider Nats to resign.

O’Leary urged Martin Rolfe to step down and “allow someone competent” to take over after flights were disrupted at Gatwick Airport on Sunday due to “Nats staff shortages”.

“UK Nats staff shortages caused multiple flight delays and cancellations at Gatwick Airport yesterday, Sunday September 8.

“This is the latest in a long line of cock-ups by UK Nats, which has yet again disrupted multiple flights and thousands of passengers at Gatwick. Airlines and passengers deserve better.

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