Business
New stamps mark 50th anniversary of first commercial Concorde flights
A new set of stamps and co-ordinated nose drop events will mark the 50th anniversary of the first commercial Concorde flights.
The Royal Mail said it has produced 12 stamps which pay tribute to the supersonic aircraft’s “innovation, elegance and engineering excellence”.
The nose cones of three Concorde planes exhibited in the UK will be moved simultaneously at 11.40am on Wednesday to mark the moment the first commercial Concorde flights departed on January 21 1976.
A British Airways flight set off from London’s Heathrow airport to Bahrain at the same time as an Air France flight departed from Paris’s Charles de Gaulle airport for Rio.
The main set of eight Concorde stamps features photography of British Airways’ Concordes throughout their history, including the first and last commercial flights.
One of the stamps depicts four Concordes flying in formation to celebrate 10 years of service.
A further four stamps are presented in a miniature sheet.
David Gold, director of external affairs and policy at the Royal Mail, said: “Concorde remains one of the most iconic achievements in aviation history, and we’re proud to celebrate its legacy with this special set of stamps.
“These designs pay tribute to the innovation, elegance and engineering excellence that made Concorde a symbol of British ingenuity and ambition.”
Hamish McVey, director of marketing for British Airways, said: “Concorde represents a landmark chapter in our history at British Airways, embodying the pioneering spirit of British innovation and creativity that remains integral to our brand today.”
Concorde planes have distinctive hydraulically operated nose cones designed to move down during take-off and landing to give pilots better visibility of runways.
The aircraft at Aerospace Bristol, Manchester Airport Runway Visitor Park and Imperial War Museum Duxford in Cambridgeshire will drop their noses in front of spectators on Wednesday.
Brooklands Museum in Surrey, which also has a Concorde on display, is hosting a dinner on Wednesday night when aviation enthusiasts will be able to hear from eight former Concorde pilots and view archive material relating to the jet.
Last week, the Royal Mint launched a new 50p coin celebrating Concorde.
Born out of a joint Anglo-French project, Concorde’s success was savoured as a moment of intense national pride.
Most impressive of all was its speed. A cruising velocity of twice the speed of sound, or 1,350mph, allowed it to cover a mile in just 2.75 seconds.
Concorde quickly established itself as the way to travel for the discerning tycoon and Hollywood star.
Its fine wines and five-star cuisine assured it a large, well-heeled fan base, with regular passengers including the likes of Joan Collins, Sir Paul McCartney and Diana, Princess of Wales.
But the aircraft was retired from service in October 2003, with British Airways and Air France blaming a downturn in passenger numbers and rising maintenance costs.
Business
Top stocks to buy today: Stock recommendations for April 24, 2026 – check list – The Times of India
Stock market recommendations: Bharat Electronics, and Colgate-Palmolive (India) have been recommended as the top stocks to buy today (April 24, 2026) by Bajaj Broking Research. Take a look at the target prices and expected returns:Bharat ElectronicsBuy in the range of ₹ 440.00-450.00
The stock is in structural up trend forming higher high and higher low in all time frame signaling strength and continuation of the uptrend. The entire up move of the last 8 months is in a rising channel as can be seen in the chart highlighting sustained demand at an elevated level.On the smaller time frame, the stock is at the cusp of generating a breakout above the bullish Flag like formation as post a sharp up move in the first 3 weeks of April the stock went into a consolidation phase in the last four sessions. It is seen resuming up move and is at the cusp of generating a breakout above the bullish Flag formation highlighting continuation of the up move and offers fresh entry opportunity.We expect the stock to extend the up move and head towards 495 levels in the coming months being the confluence of the 123.6% external retracement of the previous decline 473 – 400 and the upper band of the rising channel of the last 8 months.Colgate-Palmolive (India)Buy in the range of 2120-2160
The share price of Colgate-Palmolive has generated a breakout above bullish Flag pattern signaling continuation of the up move and offers fresh entry opportunity.We expect the stock to head higher towards 2330 levels in the coming months being the measuring implication of the bullish flag breakout.The daily 14 periods RSI is in buy mode thus supports the positive bias in the stock.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
Business
Global stock markets are too high and set to fall, says Bank of England deputy
It is unusual for a senior figure at the Bank to be so forthright on market movements.
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Business
Consumer confidence falls as rapid price rises give households the ‘jitters’
Consumer confidence has fallen for the third consecutive month amid household “jitters” over rapid price rises, figures show.
GfK’s long-running consumer confidence index fell four points to minus 25 in April, following falls of two points and three points in March and February respectively.
The deepening concern was driven by perceptions of the UK economy, with a six-point slide in confidence for the next 12 months to minus 43, its lowest level since February 2023.
Confidence in personal finances over the coming year fell five points to minus four – one point lower than this time last year.
The major purchase index – an indicator of confidence in buying big ticket items – held steady, albeit at minus 18 but one point better than last April.
The only measure to improve was the savings index – often an indication that households are concerned about their finances and looking to build contingency funds – which is up five points to 32.
Neil Bellamy, consumer insights director at GfK, said: “Consumers really do have the jitters now.
“It is a year since we last saw a monthly drop of this size, and we have to go back to October 2023 to find the last time consumer confidence was lower.
“Everyone is grappling with rapid price rises, especially at the fuel pumps, which are taking a dent out of household budgets, and people know further price hikes are coming.
“Consumer confidence is deteriorating sharply, with fuel prices and threats of more energy price increases acting as constant reminders of inflation.
“While the Gulf crisis is intensifying pressures, much of the current strain reflects earlier domestic cost increases.
“How long can all this disruption and pain continue?”
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