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(Reuters) – Flybe Group Plc FLYB.L is in talks for a possible sale to Virgin Atlantic Airways Ltd, the British regional airline said on Friday, as it grapples with falling demand, higher fuel costs and a weak British pound. Flybe said earlier this month it was in talks with potential buyers, but added it was also looking at other options, such as further reductions in capacity and costs how to make wire cufflinks uk sale. Airlines have been looking to consolidate in many markets because of rising running costs, largely higher fuel prices, and increased competition from budget carriers. Icelandair (ICEAIR.IC) agreed to buy rival WOW this month..

Shares of Flybe rose as much as 53.2 percent to 14.8 pence on Friday after Sky News reported late on Thursday that Virgin Atlantic, founded by billionaire Richard Branson, was in talks about a takeover bid for Flybe. Virgin Atlantic said it was reviewing options for Flybe, including a possible offer for the London-listed company. The options also include an enhanced commercial arrangement, Virgin said, adding that it already has a trading and codeshare relationship with Flybe. Virgin Atlantic closed its British domestic airline network Little Red in 2015 after it was “not able to make a positive contribution” to the group and following a review of its network that had put emphasis on its transatlantic routes how to make wire cufflinks uk sale.

A deal would give the airline, part owned by U.S. carrier Delta Air Lines Inc (DAL.N), access to Flybe’s 192 routes serving 14 countries from 75 departure points in the UK and Europe. A spokesman for Flybe declined to comment on other potential buyers. Sky News had previously reported that Stobart Group (STOB.L) was likely one of the potential suitors for Flybe. The British infrastructure and support services company had scrapped plans to buy Flybe in March after being rebuffed how to make wire cufflinks uk sale. Flybe, which flies 76 aircraft, has a market capitalization of about 20.8 million pounds ($26.68 million), according to IBES data from Refinitiv, after its shares fell over 50 percent this year..

LONDON (Reuters) – Britain’s bank bosses are hoping for the green light to return more capital to long-suffering investors when the Bank of England publishes results next week from its annual stress test of leading lenders. A decade after the financial crisis that triggered taxpayer-funded bank bailouts, the central bank has said repeatedly that they now hold enough capital to withstand extreme theoretical shocks such as Britain crashing out of the European Union next March without a deal how to make wire cufflinks uk sale.

The Bank of England has acknowledged that there was no need, therefore, to make the tests any tougher than last year, raising hopes of positive outcomes when the numbers are delivered at 0700 GMT on Nov how to make wire cufflinks uk sale. 28. Barclays (BARC.L), Lloyds (LLOY.L) and Royal Bank of Scotland (RBS)(RBS.L) have all signaled that they plan to ramp up dividend payments and share buybacks as a means of returning excess capital to investors hit by plunging share prices, caused by fears over Britain’s exit from the European Union and weaker than hoped for revenue growth..