BREAKING: Jubilee line suspended following security alert at Waterloo June 15, 2022 The Jubilee line was suspended following a security alert at Waterloo station, Transport for London (TfL) said. “There is no service on the Jubilee Line between London Bridge and Green Park while we respond to a security alert at Waterloo,” the public body announced. “There are severe delays affecting service on the rest of the [...]
Motorpoint CEO: Business expands while rivals hit by volatile environment June 15, 2022 Online car retailer Motorpoint is better equipped to navigate a volatile market compared with rivals, according to chief executive Mark Carpenter. At a time when competitors such as Cazoo and Carzam are either enforcing significant cuts to stay afloat or collapsing, Motorpoint’s profits and revenue boomed. In the year ended 31 March 2022, the company’s [...]
EU aviation regulator backs Airbus in A350 surface damage dispute June 15, 2022 EU aviation regulator EASA has backed Airbus in its legal dispute against Qatar Airways over surface damages present on the A350 fleet. EASA has argued that paint problems on the aircraft was an aesthetic defect that couldn’t lead to safety issues, despite claims by Qatar that the damage was a hazard as it left the [...]
Volkswagen to overtake Tesla as main BEV maker by 2024 June 15, 2022 Volkswagen is set to overtake Tesla as the world’s largest manufacturer of battery electric vehicles (BEV) by 2024, according to a recent report by Bloomberg Intelligence. Figures showed that most automotive marquees lack profit incentives to take over Tesla, except for Volkswagen as its sales volume for battery-electric vehicles will reach to 45 per cent [...]
Rail operators urge commuters not to travel unless necessary next week as strikes loom ahead June 15, 2022 Rail operators are urging commuters not to travel unless necessary as thousands of workers are set to walk out next week. More than 40,000 members of the RMT union will strike on 21, 23 and 25 June over job cuts and salaries. South Western Railway (SWR) told customers to expect “severe disruption,” encouraging them to [...]
UK Infrastructure Bank risks becoming a ‘plaything’ of Treasury under so-called Henry VIII powers, peers warn June 15, 2022 To prevent the UK Infrastructure Bank becoming a “plaything” of the Treasury, new safeguards are needed, according to concerned peers. Concerns have been raised at Westminster over proposals that would allow the Exchequer to change the body’s activities set down in legislation – so-called Henry VIII powers. Provisions would also allow the Treasury to amend [...]
Summer fares will be up by nine per cent according to Ryanair boss June 14, 2022 Travellers need to be ready as summer fares will be up between 7 and 9 per cent, said Ryanair’s boss Michael O’Leary. According to the chief executive, bookings are strengthening while June load factor has reached 94 per cent of 2019 levels. “And July, August, and September look very strong with higher load factors and [...]
Brexit not cause of travel disruption, says aviation minister June 14, 2022 Brexit has not contributed to the labour shortages responsible for the ongoing travel disruption, the UK Government said. Aviation minister Robert Courts – who appeared today in front of the BEIS committee – said the lack of workforce was a global issue, affecting not only the UK but also the US and continental Europe. “There [...]
Execs from TUI, EasyJet and British Airways grilled over role in Bank Holiday travel chaos June 14, 2022 Airlines’ executives were grilled in Parliament over their role in the travel chaos, which has left thousands of Britons stranded over the half-term and Bank Holiday weekend. Representatives from TUI, EasyJet and British Airways (BA) appeared before the Business, Energy and Industrial Strategy Committee (BEIS) today. The committee questioned David Burling, TUI’s chief executive for [...]
UK could face ‘summer of discontent’ as new railway strike to be balloted June 14, 2022 The UK could face a “summer of discontent” as members of the union TSSA working for Network Rail are to vote on a potential strike action. The TSSA announced 6,000 of its members will vote whether to walk out over pay, conditions and job security. Opened today, the ballot will close on 11 July and [...]