Monthly Archives: May 2016

U.S. consumer spending increase strongest in over six years

WASHINGTON (Reuters) - U.S. consumer spending recorded its biggest increase in more than six years in April as households stepped up purchases of automobiles, suggesting an acceleration in economic growth that could persuade the Federal Reserve to rais...

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There is no good reason to fly business class on short-haul flights

YOUR correspondent received a rare treat last week. On travelling to speak at a conference, it emerged that the client had stumped up for a business-class flight. This in itself is not a surprise. After all, there is a point to travelling at the front of the plane beyond merely quaffing better quality food and drink: being able to stretch out and sleep or work comfortably in transit can be invaluable in helping you arrive sharp and ready for action the moment you reach your destination.

Still—and without wishing to sound churlish—on this occasion, it seemed like a perk too far. The posh tickets were for a flight of barely 90 minutes from London to Norway, the evening before the conference. No chance of jetlag hampering my performance in this instance. Which invited the question of what utility business-class travel brings to short-haul flights.

The answer is very little. Fast-tracking passengers through security is all well and good, but in reality saves precious little time for additional work. Equally, a few inches more legroom and metal cutlery are pleasant, but not essential for a flight that lasts such a short time. And beyond...Continue reading

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