IAG: British Airways owner set to report £1.3bn profit but Israel-Gaza conflict sparks concern October 22, 2023 The IAG is set to report £1.6bn profit on Friday, but conflict in Israel and air traffic disruption could hinder its share price rally.
Tube staff urged to focus on ‘day job’ after ‘driver leads free Palestine chant’ October 21, 2023 A Tube driver has been criticised for leading a chant of “free, free Palestine” on a London Underground train.
London’s King’s Cross station forced to close due to overcrowding October 21, 2023 London’s King’s Cross station has been forced to close due to overcrowding as passengers were warned not to travel by rail.
London routes disrupted by extreme weather as Storm Babet batters Scotland October 20, 2023 London transport routes were disrupted on Friday, as severe adverse weather and heavy rain continued to cause problems on the rail network. Network Rail told City A.M. there was severe disruption on services to and from King’s Cross, due to flooding in Grantham. According to National Rail’s website, other routes affected by the bad weather [...]
More travel chaos coming after rail workers vote to keep striking for next six months October 20, 2023 Rail workers have voted to continue taking strike action for the next six months in their long-running dispute over pay, jobs and conditions. The Rail, Maritime and Transport union (RMT) said around 20,000 of its members were balloted across 14 rail companies with all of them individually achieving more than a 50% turnout and overwhelming [...]
Port charges making decarbonisation ‘uneconomical’, says rail freight boss October 19, 2023 The boss of one of the UK’s biggest rail freight operators has bemoaned high loading charges levied by ports as “uneconomic” for the sector.
Government urged to commit to contracts with Rolls-Royce amid plans to cut jobs October 19, 2023 The Government is being urged to guarantee its commitment to contracts with Rolls-Royce after the engineering giant cut thousands of jobs.
Ofwat: Suppliers must hit green targets if they want to increase water charges October 19, 2023 Ofwat has challenged the water industry to deliver on their pledges to protect the environment and clamp down on sewage overflows.
Tesla: Profits tumble as Musk’s price war hits carmaker’s bottom line October 19, 2023 Tesla has reported a near half slump in its third quarter net income, as Elon Musk’s aggressive price cutting strategy continues.
Deutsche Bahn sells London red bus operator Arriva to I Squared October 19, 2023 Deutsche Bahn has agreed to the sale of London's red bus operator Arriva to the US-based private equity firm I-Squared Capital.