London Underground strikes this week cancelled after last-minute deal October 3, 2023 Strike action set to cause chaos on the London Underground this week have been called off, the Rail Maritime and Transport Union (RMT) has announced. 3,000 workers had planned walk outs on Wednesday and Friday this week but the RMT said that both will no longer go ahead after “significant progress” was made during the [...]
DX Group: Under offer logistics firm’s profits jump as EV investment drive continues October 3, 2023 Under offer logistics firm DX Group reported a jump in full-year profits as it continued to expand its network of depots across the UK and invest heavily in its electric vehicle (EV) fleet. The group, which offers services including logistics and parcel freight, saw pre-tax profits rise by a third to £26.8m, while revenues increased [...]
Ryanair and Wizz Air numbers rubbish fears of travel slowdown October 3, 2023 Ryanair and Wizz Air reported strong passenger growth over September, despite fears in the industry of a slowdown in demand following this years' summer bonanza.
Trouble insuring electric vehicles threatens green shift, experts warn October 2, 2023 Insurers are facing huge challenges in handling electric vehicles (EVs), experts have warned.
‘His pledge is in tatters’: Khan slammed over tube strikes as London faces £62m hit October 2, 2023 Greater London Authority’s Conservatives have slammed Sadiq Khan ahead of fresh disruption on London’s tube network this week, as the mayor’s commitment to halting industrial action during his tenure comes back to haunt him. “Sadiq Khan pledged that there would be zero strikes under his mayoralty but he has the worst strikes record of any [...]
Tesla misses delivery targets as factory shutdowns hit production October 2, 2023 Tesla missed market estimates for third-quarter deliveries on Monday as planned upgrades at its factories forced production halts, sending its shares down 2.4 per cent in early trading. The electric vehicle maker handed over 435,059 vehicles in the three months to 30 September, down nearly seven per cent from the preceding quarter, but said its target [...]
Final nail in the coffin for HS2 as Manchester leg reportedly shelved by Rishi Sunak October 2, 2023 The Manchester segment of HS2 will be shelved, according to reports.
Arnold Clark: UK car dealership pays founders’ family £67m dividend October 2, 2023 Arnold Clark, one of the UK’s largest car dealerships, has given the surviving family of its billionaire founder £67m worth of dividends, according to the latest Companies House filings. The sum brings the total money the family has taken out of the business to £118m over the last two years and comes after a record [...]
Jeremy Hunt admits he flew to Manchester Tory conference from London October 2, 2023 Jeremy Hunt has admitted he flew to Manchester from London for the Conservative Party conference rather than taking the train. The Chancellor blamed a train cancellation due to industrial action for choosing the carbon-intensive mode of transport. It comes as train drivers are striking on the start and end dates of the Tory gathering in [...]
Rail strikes on start and end date of Tory conference not political – Aslef September 30, 2023 Train drivers are striking on the start and end dates of the Conservative Party conference for industrial, not political, reasons, Aslef general secretary Mick Whelan has said.