Ryanair

I have a memory picture of an urban highway in Shenzen, southern China. Recently built, with abundant flowering shrubs planted along its central reservation, it was lined as far as the eye could see by uncountable apartment towers, many of them unfinished. This was 2009 and it was my first glimpse of the debt-fuelled property bonanza that had begun to grip the Chinese economy – alongside the export-led manufacturing boom that was also plainly visible, thanks to satellite maps of the vast agglomeration of factories surrounding the new-rich residential areas. It’s easy to be a permanent bear in any market, because history tells us they all come crashing down in

Strong leaders Sir: Freddy Gray states that ‘voters seemed most enthusiastic about the leaders who removed their liberties’ (‘Leaderless’, 18 June). I believe people just like to see their government take strong measures. People like to see the effect of a government policy straight away, especially in a crisis. This is probably the reason so many Americans like the idea of Trump’s wall. It is an immediate and physical solution to a large problem that can be seen and felt, even if it is not necessarily the best solution. If the government, for example, came up with a policy that said all those on jobseekers’ allowance must do at least

According to Richard Branson, the secret to running a successful airline is to keep the staff happy. They will, in turn, be nice to the passengers, who will themselves be happy and flock to fly. A charming if naive theory. Virgin Atlantic, run on this principle, has teetered on the edge of insolvency for years. Ryanair chief executive Michael O’Leary, on the other hand, doesn’t seem especially obsessed with the morale of either his cabin crews or his passengers. He cares about watching the pennies and making sure his planes run on time. He is a brutal negotiator. When Willie Mullins, who trained his 60 racehorses, tried to increase his

Aviation, nuclear power and public transport — along with good restaurants, golden retrievers and hand-knitted bed socks — are, as Julie Andrews put it, a few of my favourite things. So in a week when the news is as depressing as I can remember since the dark winter of 1973-4, I might as well write about all of them. I’ll try to find points of light along the way but it’s not going to be easy. First the plight of airlines, now so extreme that it’s hard to foresee any outcome other than nationalisation for many major carriers. Even if the new ban on leisure travel ends, only pre-flight Covid

The Young family’s annual summer holiday could not have got off to a poorer start, thanks to Ryanair. As veteran customers of the budget airline will know, you have to jump through an endless number of hoops beforehand to avoid having to pay punitive fees at the airport. In fact, the cost of failing to navigate the advance check-in website correctly is so high, ‘fees’ is the wrong word. Fines, more like. Fees are what you have to pony up in order to avoid paying the fines, since checking in is far from free. Anyway, Caroline got one thing wrong in spite of peering at Ryanair’s website for at least

Are you reading this in the departure lounge, en route to an Easter break? If like me you’ve chosen to fly with Ryanair, I suspect you will judge the experience by the ease of airport parking, the length of the security queue and whether they play that fanfare signalling ‘another on-time arrival’. Anything approaching decent cabin service will come as a bonus: you’ll hear things like ‘Gosh, these girls work hard considering they’re paid next to nothing’ or ‘Actually, this lasagne’s not bad for a fiver.’ Four years into a marketing programme called Always Getting Better, supposedly about being nicer to customers, the genius of the Ryanair model is that

Home A Bill to enable a referendum on whether voters wanted Britain to ‘remain’ in the European Union figured in the Queen’s Speech. Another Bill prohibited any rise in income tax rates, VAT or national insurance before 2020. Tenants of housing associations would be given the right to buy their homes. Provision for Scottish devolution was promised in fulfilment of the recommendations of the cross-party Smith Commission. A ‘powerhouse’ in the north was to come into being through cities being given powers over housing, transport, planning and policing. Laws on strikes would be tightened. Red tape for business would be reduced, and a new quango set up to invigilate late

Michael O’Leary of Ryanair has long been an anti-hero of this column. I loved his airline when it was consistently rude to me as a passenger, because it set benchmarks of ruthless punctuality and rock-bottom fares that shook the whole European airline sector. I was suspicious of the idea that, having exhausted other routes to growth, he was going to polish up his customer service and stop ‘unnecessarily pissing people off’; but the new tone is a triumph, and Ryanair’s profit is expected to top €750 million for the current year. ‘If I’d known being nicer to customers was going to work so well,’ O’Leary says, ‘I’d have started many

This issue includes the new Spectator Money supplement, in which I hope you’ll find a bouquet of stimulating ideas. The cover piece by the enterprise campaigner Michael Hayman waxes lyrical on the important theme of investing in high-tech start-ups: important because it’s an exciting thing to do with the slice of savings on which you’re happy to take higher risks, but also because bold new businesses hold the key to future growth. At a dinner hosted by Hayman last week, I met a selection of business founders and early-stage investors. The mood was one of optimism in what’s seen as an increasingly benign UK arena for start-ups, buzzing with world-class

Which businessman is the most influential in the making of government policy? The answer came to me when I received a letter fining me £80 for forgetting to renew my car insurance by the correct date. But it could also have come to me had I forgotten to fill out of council tax enquiry form (fine £70), missed getting in my tax return by one day (£100), or got caught in a box junction in the King’s Road which has two sets of traffic lights in quick succession (£130). It is, I have come to believe, Michael O’Leary. The Ryanair boss has mastered a business model whereby you lure in

After a carefree month at my wife’s house in Tuscany — the longest summer holiday I have spent there for maybe 30 years — the return to England this week has proven especially irksome. It is depressing enough to land at any British airport, but Stansted takes the cake. Arriving there after a Ryanair flight from Pisa (in itself a dispiriting experience), I found myself at the end of an enormous queue, so long that its front was indiscernible, and took 40 minutes to reach the desk of an immigration officer. There were literally thousands of people in front of me. Why so many? Why is England so much more