The UK air traffic system failure that resulted in more than 2,000 flights being cancelled has been blamed on “an extremely rare set of circumstances”, as the aviation regulator opened an inquiry into the meltdown that caused chaos for passengers. The Civil Aviation Authority announced its own independent review as it submitted an initial report from Nats, the air traffic control services provider, into the incident to the transport secretary, Mark Harper. – Guardian
By Joe Hoppe Caledonia Investments said it has agreed terms to sell its majority stake in wealth-management business Seven Investment Management to Ontario.
Caledonia Investments PLC on Tuesday said it has agreed terms for selling its majority stake in retail wealth manager Seven Investment Management.
The London-based investment trust said the cash.