Governments generally borrow money by selling bonds to big investors, such as pension funds. UK government bonds are known as gilts.
Meanwhile, Wizz Air ended its flights from Cardiff in 2023, and the only direct flight to Paris stopped in March 2024.But Mr Birns said the reintroduction of cargo services was "fantastic news".
The flights will be operated by European Cargo, a British carrier which has an existing base in Bournemouth.Its second UK base in Cardiff has opened with three flights a week using dedicated Airbus aircraft, with the option of increasing to four flights in future."Last time we had that was 2010, so getting an airline back in here operating freighters is great," he said.
"It's fantastic for Wales, it's fantastic for the economy, and it's fantastic for the airport."Mr Birns said cargo operations were a "major part" of a diversification strategy for the airport, which is entirely owned by the Welsh government.
Earlier this year, it was announced the airport would receive more than £206m over the next 10 years to boost passenger numbers and improve facilities.
Other parts of the strategy include training activities on the site, as well as running maintenance operations at Cardiff Airport and the nearby St Athan airfield, which is also operated by the airport team.The Gambling Commission tells us it “is investigating the possibility of offences concerning the date of the election. This is an ongoing investigation.”
We now know there was an unusual surge of betting on a July election just before Rishi Sunak confirmed just that.Data given to the BBC by Smarkets betting exchange shows odds shortened dramatically on the afternoon of the 21 May, the day before the election was announced.
Separately, a study of Betfair betting odds byfound several thousand pounds were wagered the day before the 22 May announcement.