Brits had most volatile year for fuel costs as CMA probe ‘rocket and feather’ pricing December 6, 2022 Brits have suffered the most volatile year on record for fuel prices, as the Russian invasion of Ukraine and cost of living crisis continued to pile pressure on drivers the pumps. New analysis published today show fuel prices rose by 50p a litre from January to July, which is the largest leap ever recorded. It [...]
RMT announces three more days of rail strikes over Christmas December 5, 2022 The union RMT has announced three more days of strike over Christmas as it put Network Rail’s offer to its members with the recommendation to reject it. Workers are set to walk out from 6pm on Christmas Eve to 6am on 27 December. This will be in addition to the planned industrial action on 13, [...]
Platform staff call off strike on 17 December after breakthrough in negotiations December 5, 2022 Platform staff have called off an upcoming railway strike on Network Rail following a breakthrough in negotiations. The union TSSA said it was putting Network Rail’s offer to members, suspending its planned industrial action on 17 December. “This offer is the best we can achieve through negotiation, and it was undoubtedly improved because of the [...]
City Hall politician warns Bolt of licence issues if workers’ conditions not improved December 5, 2022 A leading City Hall politician has warned ride-sharing app Bolt it could be barred from operating in the capital unless it improved its drivers’ pay and conditions. Labour transport lead Elly Baker has tweeted that Bolt should give its workers “the rights they deserve,” otherwise it would face “serious questions over its licence to operate [...]
Volkswagen to present software roadmap later this month December 5, 2022 Volkswagen is set to present its new software roadmap later this month, according to sources. People close to the matter told German business newspaper Handelsblatt that Volkswagen’s chief executive Oliver Blume will present the strategy at a supervisory board meeting on 15 December. The software roadmap – which will cost the group €1bn (£861.6m) – [...]
‘The power of And’: Toyota launches new strategy to reach net-zero in EU by 2040 December 5, 2022 Toyota has launched a new strategy to achieve carbon neutrality in Europe by 2040 at the latest. The Japanese marque will focus on driving down the environmental costs of its operations as well as ramping up its electric vehicles’ production, as it aims for its fleet to become net-zero by 2035. To do so – [...]
London City Airport on track for year-end goal as passengers soar 187 per cent December 5, 2022 London City Airport remains on track to reach its year-end goal of 3 million passengers by the end of 2022, as November numbers soared 187 per cent. Figures published today reported that around 272,000 passengers passed through the airport’s gates in November after BA expanded its CityFlyer schedule to Scotland, with daily flights to Aberdeen. [...]
Keir Starmer urges compromise on rail strikes after latest pay deal rejected December 5, 2022 Both the unions and the train operators need to compromise to bring the ongoing railway strikes to an end, according to Labour leader Sir Keir Starmer. “Both sides need to compromise, both sides need to finish the negotiations and the government needs to drive them forward,” Starmer told ITV’s Good Morning Britain. “The government’s been [...]
Ryanair’s Michael O’Leary: EU Commission ‘lacks the bottle’ to go against governments December 5, 2022 The European Commission “lacks the bottle” to go against the interests of national governments, according to Ryanair’s boss Michael O’Leary. Appearing in front of an Irish transport committee late last week, O’Leary said it was unfair that intra-EU short-haul flights were paying environmental taxes, while the more polluting long-haul flights remained exempt, the Express first [...]
National Express appoints interim as new CFO December 5, 2022 National Express Group has appointed its interim chief financial officer into the top finance role officially today. Former KPMG partner James Stamp will step into the role with immediate effect, having served as interim group CFO and been a member of the board since the beginning of November. The incoming CFO joined the company in [...]