UK energy suppliers could go bust after Saudi attacks, experts warn September 18, 2019 An attack on Saudi oil facilities might turn the screws on struggling energy suppliers, experts have warned, a year after a winter that felled several smaller firms. More companies might face bankruptcy if they have not bought enough energy in advance to supply their customers through what could be an unusually chilly winter. Read more: [...]
Short-term let adverts banned from Tube following outcry September 18, 2019 Adverts that promoted short-term lettings in the capital have been banned from the Transport for London (TfL) network following criticism from campaigners. London mayor Sadiq Khan was urged to crack down on adverts across the Tube by firms that encouraged landlords to flout the 90-day annual limit for short-term lettings in London. Read more: Overcrowding [...]
British Airways pilots call off strike on 27 September September 18, 2019 British Airways pilots have called off a strike at the end of this month, warning more action could do “irreparable damage” to the airline’s brand. BA pilots who are members of the British Airline Pilots’ Association (Balpa) threatened to strike on 27 September in a row over pay and working conditions. They had walked out [...]
Eddie Stobart confirms takeover interest from Andrew Tinkler September 18, 2019 Eddie Stobart has confirmed it has received takeover interest from a company controlled by Andrew Tinkler, the ousted former boss of Stobart. The truck firm said it had received a “highly preliminary expression of interest” from TVFC, a company controlled by Tinkler, who was thwarted in a bruising boardroom battle over Stobart Group last year. [...]
Khan promises ‘fairer deal’ as new energy firm launches September 18, 2019 Mayor Sadiq Khan today promised Londoners a “fairer deal” on their energy bills as he announced the creation of a new power company. London Power, a non-profit energy company, will launch this December and provide its customers with renewable gas and electricity. Read more: Energy suppliers win four-year delay for smart meter rollout It is [...]
Yu Group leaks a year after accounting scandal September 18, 2019 Business utility supplier Yu Group sprung a leak in the first six months of the year as the company was forced to “reset” after discovering accounting errors cost the company £10m last year. Loss before tax more than tripled over the period to £3.25m from £895,000, even as revenues grew strongly by 70 per cent [...]
Engineer killed working on travelator at Waterloo station September 18, 2019 An engineer has been killed while working on a moving walkway at Waterloo station. A police investigation is currently underway into the incident, which occurred in the early hours of this morning. Read more: Parcel bombs found at Waterloo linked to devices sent to British Army A one-way system has been put in place, with [...]
Car dealer Pendragon swings to loss as it gives gloomy outlook for rest of year September 18, 2019 Car dealership firm Pendragon has posted a pre-tax loss of more than £32m as it cited “very challenging” market conditions that it did not expect would improve for the rest of the year. The figures Pendragon posted a pre-tax loss of £32.2m, down from a profit of £28.4m the previous year. Read more: Pendragon called [...]
Tube delays: Commuters face rush hour chaos on four lines after Baker Street signal failure September 18, 2019 Severe delays hit commuters in rush hour today as a signal failure at Baker Street caused disruption across several lines in a tough morning for Londoners. The fault led to severe delays on the Circle Line while the Hammersmith & City Line also suffered severe delays. Transport for London (TfL) urged commuters to use local [...]
Virgin Atlantic ups IAG war with teaser for new routes at Heathrow September 18, 2019 Virgin Atlantic has upped the stakes in its face-off with British Airways owner IAG, unveiling a raft of new routes it will launch if it wins more slots at Heathrow airport. Virgin has said it intends to add 84 destinations to its map in the UK, Europe and internationally when the third runway is complete [...]