Automotive sector calls on government to secure industry’s long-term future November 29, 2022 The UK automotive industry has called on the government to “take rapid action” and secure its long-term future, as the sector could contribute an additional £14bn to the economy. According to analysis published today by the Society of Motor Manufacturers and Traders (SMMT), the sector’s recovery is expected to gain momentum next year after two [...]
EasyJet boss Johan Lundgren: Brits will continue to travel amid cost-of-living crisis November 29, 2022 Brits will continue to travel amidst the current cost-of-living crisis, according to Easyjet’s boss Johan Lundgren. The chief executive said that, despite limited visibility, the carrier is already seeing a strong demand for next year. “We have relatively low visibility overall, but we do see in general there is a strong demand and quite [a [...]
Bus drivers on 70 routes in N London to strike for seven days in December November 29, 2022 Bus drivers working for garages operated by Metroline will strike on seven days next month starting on 1 December. Londoners are being warned some other bus services and the tube network will be busier as a result of the Unite union action affecting 70 routes. The action will impact bus journeys mainly in the north, [...]
Airbus boss Guillaume Faury: Supply chain issues remain ‘very complex’ November 29, 2022 Aviation’s supply chain issues remain “very complex”, according to Airbus’s boss Guillaume Faury. The chief executive told journalists on Tuesday he was waiting for the latest data to comment on 2022 year-end deliveries. “I will have a clearer picture by the end of November, but as you can see the environment remains very complex and [...]
Shipping sector’s growth to slow down due to global economic woes November 29, 2022 The shipping sector’s growth is set to slow down next year as global economic and geopolitical woes impact trading. According to research published today by UN agency UNCTAD, the industry’s expected growth will slump to 1.4 per cent this year – 1.8 per cent down on 2021 levels. While for the wider 2023-2027 period, trade [...]
Lewd comments to female staff behind resignation of Inchcape’s boss November 29, 2022 Inchcape’s chief financial officer Gijsbert de Zoeten has reportedly quit after making lewd comments to female staff at a company event last week. Sources told the Sun his remarks were “the sort of behaviour that 20 years ago would have been brushed off but not today, and not from somebody in his position.” The incident [...]
Transport secretary Mark Harper: My role is to facilitate rail talks – not negotiate November 29, 2022 Transport secretary Mark Harper has reaffirmed his role of facilitator in the railway negotiations. Harper wrote to general secretary Mick Lynch saying he saw a way forward “to meet everyone’s needs” and put an end to the rail dispute, especially after last week’s “constructive and positive” meeting. “By modernising working practices, we can deliver the [...]
Energy firm Ovo to pay customers to reduce electricity usage during key times November 29, 2022 Ovo confirmed this morning the energy firm has joined a scheme which could see its customers paid to reduce their electricity use at key times. The National Grid Electricity System Operator launched the scheme earlier this month and has engaged in trials with customers. On Monday, it indicated it could trigger the first live run [...]
Rail Partners calls for government to give operators more freedom November 29, 2022 Rail Partners has called for the government to give train operators more freedom to attract back customers. According to the rail association, the current system – introduced during the pandemic and based on contracts instead of franchising – needs to evolve through an increase harnessing of the private sector. Rail Partners has called for a [...]
Volkswagen’s boss ‘very concerned’ about EU losing industrial attractiveness November 28, 2022 Volkswagen’s boss Thomas Schafer is very concerned about the EU and Germany losing their industrial attractiveness due to surging energy costs. “We are treading water,” he wrote in a LinkedIn post on Monday. “I am very concerned about the current development regarding investments in the industry’s transformation.” According to Schafer – who has been at [...]