TUI soars on quarterly figures

The price of shares in FTSE 100 travel firm TUI (LON:TUI) surged by 10.79% to 948.40p (as of 15:00 GMT) as turnover for the quarter ended 31st December rose by 7.7%. Net losses for the period narrowed by 5.9%.

Management said that bookings had been extremely strong during the period, but the Boeing 737 MAX issue was continuing to weigh on operational performance.