Investigation finds errors in Carillion’s drain caused Stonehaven crash March 10, 2022 Errors in the Carillion-built drainage system caused the 2020 Stonehaven rail crash, the Rail Accident Investigation Branch (RAIB) said today. According to the investigation, design differences and the way the system was built meant that it was unable to sustain the amount of rail falling on the morning of 12 August 2020 in Aberdeenshire, Scotland. [...]
Energy giants pump £75m into offshore wind schemes following UK ban on Russian oil imports March 9, 2022 Two energy giants will pump £75m into offshore wind projects, which could light 8.5m homes, as Britain looks to wean itself on dependence for Russian oil. ScottishPower and Shell have set aside the cash stimulus for initiatives to improve clean energy, after the duo were awarded rights to develop floating wind projects off the country’s [...]
Gatwick reduces pandemic losses following strong end to 2021 March 9, 2022 Gatwick has reported that despite ever-changing travel restrictions, the last few months of 2021 helped the airport reduce its annual losses by 25.6 per cent. In the year ended 31 December, the London hub shrank its pandemic-induced losses from £465.5m to £370.6m, while its EBITDA remained at a negative £26.3m because of the reduced passenger [...]
Ryanair forced to slash 19 Lisbon routes as Portuguese carrier Tap holds on to airport slots March 9, 2022 Ryanair said today it was forced to slash 19 Lisbon routes after it gave up 3 aircraft due to insufficient landing slots. The move, which has led to the cancellation of 5,000 flights and 900,000 passengers, was caused by Portuguese flag carrier TAP’s decision to hold on to its unused slots. “We deeply regret all these [...]
Uber joins London boroughs in £5m EV charger boost March 9, 2022 Hundreds of new electric-vehicle chargers are set to be installed across north and east London, following an agreement between Uber and three London boroughs.
DfT reports London tube strikes brought down passenger numbers to 4 per cent of pre-pandemic levels March 9, 2022 The RMT’s London tube strikes of last week had a devastating impact on passenger numbers, according to Department for Transport (DfT) figures. Data showed that on Tuesday and Thursday ridership numbers plummeted to 4 per cent of pre-pandemic levels – the lowest since the Covid pandemic first hit in March 2020. On 4 March, levels [...]
As cost of living crisis rages, Extinction Rebellion plots to block oil refineries across the UK next month March 9, 2022 Extinction Rebellion has announced plans to block major UK oil refineries in April. The direct action group said it intends to “stop the harm at the source” as part of its campaign to force the Government to stop the fossil fuel economy. The protest group Just Stop Oil will also be blocking refineries across the [...]
Crushed by ice in 1915: Wreck of Sir Ernest Shackleton’s ship Endurance found off coast of Antarctica March 9, 2022 The wreck of Sir Ernest Shackleton’s ship Endurance has been found off the coast of Antarctica, according to the Falklands Maritime Heritage Trust. The ship had not been seen since it was crushed by ice and sank in the Weddell Sea in 1915, and last month the Endurance22 Expedition set off from Cape Town, South [...]
Elon Musk accuses SEC of forcing him to sign Tesla settlement March 9, 2022 Tesla’s chief executive and serial entrepreneur Elon Musk has accused the US Government of forcing him to sign a settlement that forced him to step down as chairman in 2018. Musk has asked a court to throw away the deal as he said the Securities and Exchange Commission (SEC) had a personal “vendetta” against him. [...]
Asset manager DWS snatches Stagecoach from National Express for close to £600m March 9, 2022 Asset manager DWS Infrastructure has, through subsidiary PEIF III Bidco, snatched Stagecoach from National Express for £594.9m. The news has sent Stagecoach’s share soaring 36.64 per cent to 104.60p. The company has offered 37.2 per cent to Stagecoach’s closing price of 76.55p per share on 8 March, causing Stagecoach’s board to withdraw the National Express [...]