Daily Briefing: Wizz Air passenger numbers up 24 per cent

AIRLINE SOARS Budget airline Wizz Air carried more than 28m passengers in 2017, 24 per cent up on a year earlier. 

In the UK it carried more than 7m passengers, up 11 per cent.

DISTRIBUTION DEAL International sales and marketing firm DCC is buying Countrywide Farmers’ liquefied petroleum gas distribution business for £28.75million.

GOLD BOSS Egypt-focused gold producer Centamin’s chairman Josef El-Raghy is to retire by the end of 2018, it was announced.

FASHION BACKING Analysts at Cantor Fitzgerald have upgraded their price recommendation for fashion firm Superdry following a strong set of sales results.

DIVIDEND BONANZA European stocks will pay out a record £286billion in dividends this year as the world economy takes off, says Allianz Global Investors.

JEWELLER HIT Shares in Danish jeweller Pandora lost their sparkle, falling 10 per cent, after it said 2017 sales could well be lower than predicted.

PAYMENTS BOOM A record 6.3bn payments worth £4.9trillion were handled by direct debit and credit service Bacs last year.

SALES SLUMP Car finance sales fell 8 per cent in November compared to a year earlier as the auto industry slowdown continues to bite.

RIVAL BOUGHT Pension administrator Xafinity has bought the consulting arm of rival Punter Southall Group in a £153million deal.

TURKEY LAUNCH Payments firm Worldpay is launching a service in Turkey through a partnership with Istanbul-based business Iyzico.

FUND RECORD Investors pumped a record £589billion into funds across Europe last year, according to research firm Morningstar.

DEAL COMPLETED Online-only lender Tandem has completed its purchase of Harrods Bank – giving it a £375million mortgage book and more than £400million of deposits.

TECH SWOOP Google has bought 87 per cent of UK-based Redux, which is working on technology to turn smartphone screens into speakers.

DRAMA SOLD TV series See, written by Peaky Blinders creator Steven Knight and directed by Hunger Games director Francis Lawrence, has been bought by Apple.

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