Ryanair, Marks & Spencer, Coop: Everything that matters this morning

Ryanair profits surge 10% despite turbulent year
Ryanair profits rose by 10% to €1.45bn in the full year to 31 March 2018, despite the budget airline experiencing one of its most turbulent years to date.
Revenue rose by 8% to €7.151bn as the number of passengers swelled by 9% to 130 million, helping Ryanair reach 95% capacity. The growth in revenue comes even after the airline reduced fares by 3%, to an average cost of €39.40.
In a statement CEO Michael O’Leary described the