UK economy ‘doomed’ under Labour, says Ryanair chief
Michael O’Leary says Rachel Reeves needs tax cuts to create growth, as airline’s profits jump 42% in first halfBusiness live – latest updatesUK politics live – latest updatesThe UK economy is “doomed” under the Labour government, the boss of Ryanair has said before this month’s...
<p>Michael O’Leary says Rachel Reeves needs tax cuts to create growth, as airline’s profits jump 42% in first half</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/nov/03/oil-price-rises-opec-pauses-oil-output-hikes-uk-manufacturing-stock-market-business-live-news">Business live – latest updates</a></p></li><li><p><a href="https://www.theguardian.com/politics/live/2025/nov/03/nigel-farage-reform-speech-labour-conservatives-politics-live-latest-updates">UK politics live – latest updates</a></p></li></ul><p>The UK economy is “doomed” under the Labour government, the boss of Ryanair has said before this month’s budget, as the airline revealed a jump in first half profits.</p><p>Michael O’Leary, the chief executive of the budget airline, hit out at Rachel Reeves, accusing the chancellor of failing to deliver on her programme of economic growth.</p> <a href="https://www.theguardian.com/business/2025/nov/03/uk-economy-labour-ryanair-michael-oleary-rachel-reeves-profits">Continue reading...</a>
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