Shipping services provider Clarksons posts buoyant profit after ‘supply shortage’ in global fleet August 8, 2022 Shipping services provider Clarkson has posted a profit boost for the first six months of the year, with underlying profit before tax sitting at £42.2m. The London-listed firm saw underlying profit before tax rise some 53.5 per cent in the period. The shipping firm posted £266.7m in revenue for the six months to 30 June, [...]
JetBlue unveils EU plans as it forecasts quarterly profits August 7, 2022 US low-cost airline JetBlue is planning to further its expansion into the “old continent” as it expects to post a profit this quarter. The carrier made the headlines last week when it reported a loss of $188m in the second quarter of the year due to fuel costs going up by around 30 per cent. [...]
Bus drivers join ‘summer of discontent’ and announce strike for 19 and 20 August August 7, 2022 London bus drivers have joined the UK’s “summer of discontent” and announced a strike for 19 and 20 August following a dispute over salaries. The union Unite said more than 1,600 of its members working for bus operator London United will join the walkout after the company’s parent, RATP Dev Transit, offered a 7.8 pay [...]
Worst is over for Lufthansa, says board member August 7, 2022 The worst is over for German airline Lufthansa after staff shortages caused flight chaos over the summer, but levels of sick leave remain challenging, board member Christina Foerster told newspapers in the Funke Media group. Airlines across Europe have struggled to cope with a strong rebound in holiday season demand after the COVID-19 pandemic stopped much [...]
Brits’ energy bills to hit £4,000 by January as gas prices spiral out of control August 7, 2022 The average energy bill is set to climb to nearly £4,000 a year from January as gas prices continue to push upwards, new analysis has shown. Energy consultancy Auxilione warned that the Government’s price cap, which sets bills for more than 20 million households in Great Britain, could be increased further than previously expected. It [...]
UK’s biggest container port in Felixstowe braced for eight days of strikes August 6, 2022 The UK's biggest container port in Felixstowe is set to be hit by strikes for eight days this month in a dispute over pay, after workers turned down a seven per cent pay rise.
UK ahead of EV adoption curve but charging accessibility lags behind August 4, 2022 The UK is currently ahead of the Climate Change Committee’s electric vehicle (EV) adoption curve by more than 100,000 cars. According to figures by Volkswagen Financial Services UK, there were 833,000 EVs in the UK as of March – up 71 per cent on last year’s levels. At the same time, registrations of battery-electric vehicles [...]
Network Rail platform and ticketing staff join strike on 18 and 20 August August 4, 2022 Platform and ticketing staff working at Network Rail have joined the wave of industrial action and announced they will strike on 18 and 20 August. Members of the union TSSA working as general grades and controllers on the government-owned rail operator will join the walk out at seven other operators – including c2c, Avanti West [...]
Back to black: Lufthansa returns to profit but shaves flight offerings amid travel chaos August 4, 2022 Lufthansa has returned to black, posting an operating profit of €393m (£331m) in the three months to June following a boom in demand for cargo flights. Up from last year’s loss of €827m, the carrier’s adjusted EBIT margin rose to 4.6 per cent while net income went up from a loss of €756m to a [...]
Campaigners challenge mayor’s decision to expand police access to traffic cameras August 4, 2022 Campaigners have launched a legal challenge against London mayor Sadiq Khan over his decision to expand police access to data from traffic cameras. Activists like Green Party London Assembly member Sian Berry called the decision “terrifying”, saying it would increase Londoners’ surveillance and hit ethnic minorities the most. “With human rights under threat from all [...]