Easyjet: Can the budget airline quell investors’ fear of strikes and cancellations? July 16, 2023 EasyJet shareholders will be looking ahead with bated breath this week, with the budget airline set to unveil its third quarter trading performance on Thursday. EasyJet shares have plateaued following a flying start to the year, with concerns peaking amid an announcement earlier this week that nearly 2,000 of its flights would be cancelled over [...]
Gatwick boss says airport is prepped to avoid chaos – despite strikes and cancellations July 16, 2023 Gatwick’s boss has said that the airport is not expecting further flight cancellations over the busy summer season. Speaking to the Sunday Times, Stewart Wingate said “I haven’t had any discussions with any other airlines [about cancellations].” He added: “I think that from the perspective of passengers, if there’s a need for an airline to [...]
Shapps to ask supermarkets to ‘explain themselves’ over pump price hikes July 16, 2023 Supermarket bosses are set for showdown talks with the government next week over soaring prices at the pumps. Energy Secretary Grant Shapps will meet with chiefs from Asda, Sainsbury’s, Morrisons and Tesco, with the minister vowing to slam “the brakes down on the mistreatment of motorists.” In a column in The Sun, Shapps said he [...]
Uber reveals UK profit for the first time: £32 million July 16, 2023 Uber booked £3.4 billion in revenue from the UK segment of its business last year, it has been revealed.
Rail strikes: Lynch says government hasn’t spoken to RMT since January July 16, 2023 Rail strike misery looks set to continue for commuters after Mick Lynch, the RMT’s general secretary, said the government had not spoken to him about finding a resolution since the start of the year. Speaking on Sky News’ Sophy Ridge on Sunday Programme, Lynch said that there has been “no contact. They seem to pick [...]
Gatwick Airport: Almost 1,000 staff to strike for eight days bringing summer travel chaos July 14, 2023 Gatwick Airport baggage handlers and check-in staff will stage eight days of strikes from later this month in a dispute over pay. The announcement comes after the Unite members had backed walking out in a ballot. Unite said workers will strike for four days beginning on Friday 28 July ending on Tuesday 1 August, then a further [...]
Network Rail told to shape up as watchdog warns it is in ‘sustained decline’ July 13, 2023 There has been a “sustained decline” in Network Rail’s performance over the last year, with delays worsening and a worsening of its infrastructure, the sector’s watchdog has said. Network Rail, which oversees Britain’s rail infrastructure system, “missed” many of its yearly targets and has overseen an increase in delays in all five of its regions, [...]
Bosch partners with Nikola Motors in £2.1bn hydrogen deal July 13, 2023 Bosch has unveiled a major new push towards hydrogen technology, unveiling an investment of €2.5 billion (£2.1bn) and a partnership with US electric truck firm Nikola. The technology giant is aiming to generate €5 billion (£4.2bn) in sales of hydrogen technology by 2030, with today marking the start of production of fuel-cell modules – which [...]
More London underground workers to strike in July July 13, 2023 More London underground workers will strike this month in an escalation of the ongoing dispute over pay and pensions. The Unite Union said today that members in engineering, maintenance and management positions on the service will walk out on 26 July and 28 July. It is calling for no job losses on the underground following [...]
Global Airlines to focus on business travel as it muscles in on UK-US route July 13, 2023 A new airline has said it will focus on business travel, offering more perks and products, as it looks to muscle in on the transatlantic travel market. “As far as I see it I don’t think that anyone’s really offering the complete package to a corporate traveller, who would be going across the pond,” James [...]