Aggreko results in line with last year with a good outlook going forward March 3, 2020 Shares in back-up power generator company Aggreko jumped more than seven per cent this afternoon after it said it’s on track to meet targets for 2020. Although group revenue fell eight per cent from £1.7bn in 2018 to £1.6bn in 2019, profit after tax increased from £125m to £129m for the 2019 financial year. Final [...]
RMT suspends next week’s South Western Railway strike action March 3, 2020 Rail workers union RMT has suspended strike action on South Western Railway that was due for next week to allow talks to take place this Friday. The action was due to take place between for 24 hours on 9 March from 10am and the same period on 12 March. Guards and drivers on the service [...]
Chris Packham to challenge HS2 decision on climate change grounds March 3, 2020 Renowned broadcaster and naturalist Chris Packham has launched a legal challenge against Boris Johnson’s decision to green light the controversial HS2 rail project on climate grounds. According to Packham, the climate impact of HS2 is “incompatible” with the UK’s net zero target, and will damage or destroy almost 700 wildlife sites, including over 100 ancient [...]
TfL rolls out new trains on the London Overground March 3, 2020 A raft of new trains will be rolled out on the London Overground from today. Transport for London (TfL) announced today that the new electric trains will increase capacity by 10 per cent and replace the oldest rolling stock on the network. The new trains are on overground routes from Cheshunt, Chingford and Enfield Town [...]
Airline bosses say worst is yet to come as more flights cancelled on coronavirus fears March 3, 2020 Airline bosses have warned that the worst is yet to come for the industry after coronavirus fears saw passenger demand slump, with carriers cutting flights to locations round the world. Speaking at an industry conference in Brussels, outgoing IAG boss Willie Walsh said that there had been “a very significant fall-off in demand” in Italian [...]
Coronavirus: Sadiq Khan says Tube travel ban very unlikely March 3, 2020 Londoners are unlikely to be advised to stop using the Tube during the coronavirus outbreak, according to Sadiq Khan. Speaking after the launch of his re-election campaign today, the mayor of London said he does not believe it will be necessary to ban public gatherings or tell people to stay away from public transport. Khan [...]
DVLA says excuses for not paying car tax include too many chickens and looming jail time March 3, 2020 The Driver and Vehicle Licensing Agency (DVLA) said today that excuses it has received for not paying vehicle tax included their van being full of chickens. The agency said that inventive excuses it had received for nonpayment included: “I’m about to start a prison sentence, so is there any way you could hang on to [...]
Net asset value grows at John Laing but profit falls March 3, 2020 Infrastructure company John Laing said today its net asset value (NAV) grew 4.3 per in 2019. The FTSE 250 company said NAV per share was 337p at 31 December, compared to 323p per share on 31 December 2018. NAV grew to £1.6bn from £1.5bn the previous year. Pre-tax profit for the year fell to £100m [...]
No fly zone: As coronavirus fears grow, airlines must brace for the worst March 3, 2020 One of last month’s more outlandish news stories was the report that the coronavirus outbreak had caused an upsurge in private jet inquiries. More wealthy travellers than ever, it seems, are willing to pay thousands of pounds an hour for a plane unto themselves, in an attempt to dodge the risk of getting infected. The [...]
Electric chauffeur service Havn launches in London March 3, 2020 An all-electric premium chauffeur service that gives passengers the options to adjust playlists, temperature and chauffeur interaction launches in London today. Havn launches with a fleet of all-electric Jaguar I-PACEs which can be booked via an app or an online portal. The service is backed by Jaguar Land Rover’s investment vehicle Inmotion. Unlike similar ride-hailing [...]