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      Employers play a bigger role in pensions than imagined

      City economists have warned that the triple lock pension is unsustainable and unaffordable given the state of the UK's public finances.

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Transport & Infrastructure

  • The 20 busiest Tube stations TfL wants commuters to avoid

    May 18, 2020

    Transport for London has issued a list of the Tube stations that commuters should try to avoid as more people begin to return to work after lockdown. From today, London’s transport network will aim to run 75 per cent of Tube services and 85 per cent of bus services. Government advice remains that those who [...]

  • Railways introduce crowd control measures to help stop coronavirus spread

    May 18, 2020

    Rail and Tube chiefs today put in place crowd control measures at stations around the UK and added more train services amid fears overcrowding could help spread coronavirus. Last Sunday Prime Minister Boris Johnson encouraged those who could not work from home to go back to work in an easing of the coronavirus lockdown. Network [...]

  • Ryanair cuts 2021 traffic target again over coronavirus, but boosts profit

    May 18, 2020

    Ryanair has slashed its passenger traffic target by another 20 per cent for 2021 as it recorded a 13 per cent rise in profit after tax for its latest full-year. The budget airline revealed the profit jump today but warned it may pull out of some of Europe’s airports over coronavirus travel bans. Michael O’Leary’s [...]

  • HS2: MPs say controversial rail project ‘badly off course’

    May 17, 2020

    MPs have slammed the controversial HS2 rail project, saying that the scheme is “badly off course” and calling for far greater transparency from its executives. In a new report, the Public Accounts Committee criticised the body for failing to provide an accurate picture of the project’s health when providing evidence to the committee. It also [...]

  • Heathrow Airport to begin temperature screening trial this week

    May 17, 2020

    Passengers arriving at Heathrow Airport’s terminal two will from Thursday be screened to see if they have high temperatures in an attempt to identify whether they have coronavirus. The airport will implement thermal screening technology in the immigration area, which will automatically scan anyone passing through the terminal. Later, it will also begin to use [...]

  • Virgin Atlantic won’t fly until August under proposed quarantine measures – report

    May 15, 2020

    The government’s plans to implement a 14-day quarantine period on incoming travellers to the UK would prevent Virgin Atlantic from resuming passenger flights until August. A source at the airline told Reuters that if the initiative, which was announced on Sunday, was approved, it would not be able to fill its aircraft. It said: “If [...]

  • Nissan considers moving Renault production to Sunderland plant

    May 15, 2020

    Nissan is considering moving the manufacturing of two Renault SUV models from Barcelona to its Sunderland plant, it is reported. Such a move could secure thousands of British manufacturing jobs at Nissan, which committed £400m in extra funding to the factory in March.   The Japanese car manufacturer is reportedly in talks with its strategic partner [...]

  • Rail franchises to introduce social distancing measures as lockdown eases

    May 15, 2020

    Rail franchises including Avanti West Coast and LNER are set to introduce measures to help passengers socially distance on journeys, it was announced. From Monday, LNER, which runs services on the east coast, will introduce mandatory seat reservations for all passengers. Passengers will be required to have a reservation for the specific train they wish [...]

  • Sadiq Khan: London transport fares will increase after £1.6bn TfL bailout

    May 15, 2020

    London mayor Sadiq Khan has said that he will be forced to increase fares on the capital’s bus and rail services after agreeing a £1.6bn bailout for network operator Transport for London. In a statement, the mayor said that he had “no choice” but to accept the offer, which was the  “only deal the government [...]

  • Congestion charge set to rise 30 per cent after TfL bailout

    May 15, 2020

    London’s congestion charge is set to rise to £15 a day from 22 June, it was revealed today, as a consequence of the government’s bailout of Transport for London. From next month, a 30 per cent increase would see the daily charge rise from £11.50 to £15. The scheme’s operating hours will also extend to [...]

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