Rishi Sunak: Rail workers tired of being ‘foot soldiers’ in RMT’s ‘class war’ December 18, 2022 Rail workers are tired of being “foot soldiers” in the union RMT’s “class war,” according to Prime Minister Rishi Sunak. The PM said the deals offered to both railway staff and Border Force workers have been “fair” and yet “affordable to taxpayers.” “An increasing number of union members want a deal,” Sunak wrote in The [...]
Brits’ weekends ruined with more rail strikes ahead of Christmas December 17, 2022 Brits face further disruption this weekend ahead of Christmas, with rail workers continuing the latest round of strike action today.
FirstGroup nears completion of £122m greyhound property portfolio sale December 16, 2022 Transport service provider FirstGroup has finalised the sale of all but two of its US legacy greyhound property portfolio to Twenty Lake Holdings in a £122m deal.
Workers at Rolls-Royce car plant receive pay increase after strike threat December 16, 2022 Workers at one of Rolls-Royce’s automotive plants have received a pay increase of up to 17.6 per cent following the threat of strikes. Staff at the Goodwood plant in West Sussex will receive a salary hike of 10 per cent plus a £2,000 lump sum. This means an increase of 16 per cent for the [...]
Unacceptable: Aviation regulator slams Wizz Air over complaints and refunds December 16, 2022 The UK aviation regulator has slammed Wizz Air for its “unacceptable” behaviour when it comes to passengers’ complaints and refunds. The Civil Aviation Authority (CAA) reported that the low-cost carrier ranked as the worst airline for escalated complaints, with 811 grievances per million UK passengers. Escalated complaints are complaints taken to alternative dispute resolution schemes [...]
Rail strikes: Union boss Mick Lynch optimistic about reaching deal soon December 16, 2022 Mick Lynch is optimistic about reaching a deal that could end the ongoing rail dispute “in the next week or so.” The union RMT boss told Sky News this morning that the prospect of achieving a compromise during talks is “achievable.” “I know that there are some very simple steps that the employers and ourselves [...]
Heathrow raises earnings forecast to £1.67bn as passengers surpass 61m December 16, 2022 Heathrow has raised its 2022 earnings forecast to £1.67bn as over 61 million passengers are set to pass through its gates this year. The west London hub has increased predictions by £308m following higher revenue and flat operating costs. “Our liquidity position remains strong, and we expect to finish the year with £4.3bn of cash [...]
Tube network thrown into chaos as rail strike continues December 16, 2022 London’s tube network has been thrown into chaos with significant delays and disruption as a result of the rail strikes. Members of the union RMT working at Network Rail and 14 other operators will walk out today and tomorrow as part of a long-standing dispute over jobs and salaries. They will be joined by platform [...]
Virgin Atlantic receive Govt funding for first ever net-zero transatlantic flight December 16, 2022 Virgin Atlantic has made aviation history as it received £1m in government funding to operate the world’s first net-zero transatlantic flight. The London to New York flight – which is set to take off next year – will be fully powered by sustainable aviation fuels (SAFs) instead of kerosene. A byproduct of solid waste and [...]
Elon Musk offloads another £2.9bn of Tesla shares sparking investors’ fury December 15, 2022 Elon Musk has offloaded a further $3.6bn (£2.9bn) worth of Tesla shares, sparking the fury of several investors. The serial entrepreneur announced late last night he relinquished 22 million of the EV giant’s shares between Monday and Wednesday. The $3.6bn sale is the second time Musk has sold part of his stake in the company [...]