Business quote of the day

Michael O’Leary on Ryanair/Aer Lingus controversy: "Bizarre and manifestly wrong".

Michael O’Leary gives a typically mannered response to the UK Competition Commission ordering Ryanair to sell 25 per cent of its stake in rival Irish airline Aer Lingus.
 
The Commission ruled Ryanair’s 29.8 per cent holding in its rival damages competition on routes between Britain and Ireland, and must be cut to 5 per cent. Ryanair has said it will appeal the decision.

O’Leary said, "This prejudicial approach to an Irish airline is very disturbing, coming from an English government body that regards itself a model competition authority.”

Read more here.
 

Aer Lingus. Photograph: Getty Images
Getty
Show Hide image

Police shoot man in parliament

A man carrying what appeared to be a knife was shot by armed police after entering the parliamentary estate. 

From the window of the parliamentary Press Gallery, I have just seen police shoot a man who charged at officers while carrying what appeared to be a knife. A large crowd was seen fleeing from the man before he entered the parliamentary estate.

After several officers evaded him he was swiftly shot by armed police.

Ministers have been evacuated and journalists ordered to remain at their desks. 

More follows. Read Julia Rampen's news story here.

Armed police at the cordon outside Parliament on Wednesday afternoon. Photo: Getty

George Eaton is political editor of the New Statesman.