No refunds for railcard users despite travel restrictions October 1, 2020 More than 5.1m people who were unable to use their railcards for months due to the coronavirus pandemic will not be entitled to refunds, the government has decided. In March, passengers were told to avoid non-essential rail travel wherever possible in a bid to free up services for essential workers. Across England and Scotland, these [...]
Thameslink route in line for return to Tube map September 30, 2020 The Thameslink route could soon appear again on the Tube map, London Mayor Sadiq Khan has said, after a lengthy absence. In a written response to a question from Labour London Assembly member Navin Shah earlier this month, Khan said that Transport for London (TfL) was considering including the rail line on a new map [...]
Car industry at risk of tariffs even if Brexit deal agreed September 30, 2020 The UK car industry may be hit by tariffs even if a free trade deal is agreed with the EU, the BBC reported today, due to issues over the provenance of certain car parts. Turkish and Japanese car parts used in cars made in this country will not be classed as British, meaning that some [...]
Menzies Aviation dives to loss as coronavirus hammers air traffic September 29, 2020 Baggage handlers Menzies Aviation swung to a £39m loss in the first half of the year as the coronavirus pandemic hammered the aviation industry. Chairman Philipp Joeinig warned that the firm was not yet “out of the woods”, with the disease continuing to squeeze global travel demand. The figures Having posted a £17.9m profit in [...]
Carlos Ghosn launches executive training programme in native Lebanon September 29, 2020 Former Nissan and Renault boss Carlos Ghosn is set to launch a management and business programme at a Lebanon university nine months after fleeing to his childhood home from Japan where he faced trial. Ghosn escaped to Beirut after being charged with financial wrongdoing by Japanese prosecutors but denies the allegations. He has now revealed [...]
AA extends takeover offer deadline as interim profits slip September 29, 2020 AA has extended the deadline for private equity suitors to make a takeover offer for the company, as the roadside assistance group reported a drop in profit as the pandemic hit its operations. The company confirmed last week that it was in talks about a possible all-cash offer from a consortium made up of private [...]
Car dealer Pendragon returns to profit after first half loss September 29, 2020 Car dealer Pendragon said that trading had shown a “significant improvement” in July and August after the company posted a smaller loss for the first half of the year. The London-listed firm said that though the outlook for the rest of the year was uncertain, it was confident that it was “well-positioned” in the long [...]
Sadiq Khan warns of return to ‘bad old days’ without new TfL bailout September 28, 2020 Sadiq Khan has warned that Transport for London (TfL) will return to the “bad old days” of crumbling infrastructure and unreliable services if the government does not provide it with a second bailout. City Hall officials are currently in negotiations with government over a new financial support package for the transport operator, which has had [...]
Norwegian Air in talks over potential nationalisation September 28, 2020 Norway’s government is considering taking a stake in Norwegian Air in a step that would see the embattled carrier temporarily nationalised. The airline’s bosses have been meeting with government officials over the last week, the Telegraph first reported. The meetings come after Norwegian’s chief executive said that the budget flier would need an additional injection [...]
Uber wins bid to regain London operating licence September 28, 2020 Uber has won its legal bid to regain its licence to operate in London after a long-running court battle. Deputy senior district judge Tan Ikram said that despite its previous failings, the firm was now “fit and proper” to hold a licence. Ikram decided to give the firm a licence to operate for 18 months, [...]