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Ryanair profits hit by strikes and higher fuel costs

Higher fuel costs also contributed to a 7% decline in half-year profits.

The sofa specialist says it has been hit by an "exceptional downturn" in consumer demand.

The engineering firm takes a 554m charge in the first half to fix problems with its Trent 1000 engine.

Litigation costs ate into the bank's profits, but excluding the charges, profits rose 20% to 3.7bn.

The Irish airline is forced to improve its pay as staff take strike action to get a better deal.

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