No time left to appoint new firm for Southeastern franchise, says Go-Ahead September 5, 2019 The government does not have the time to run a full competition for the Southeastern rail franchise before it expires next April, the chief executive of incumbent operator Go-Ahead has warned. David Brown said it would be “slightly wrong” and “counter-intuitive” for the Department for Transport (DfT) to bring in a new operator for the [...]
Engie fined £2m for rigging gas prices September 5, 2019 French energy giant Engie was fined this morning after regulator Ofgem found it had manipulated gas prices in 2016. A trader at the company had spoofed the market between June and August that year, Ofgem found. Read more: Ofgem slaps suppliers Economy Energy and E with £850,000 fine for competition breaches The trader had placed [...]
Electric car sales charge ahead with record monthly demand September 5, 2019 More electric cars were sold in Britain last month than ever before, as zero-emission car sales rose fivefold amid an otherwise subdued automotive market. Zero emission car sales came to 3,147 vehicles in August compared to just 659 this time last year, as the release of several new models over the summer boosted demand, including [...]
British Airways strikes: Pilots could call off action if BA considers pay offer September 5, 2019 British Airline pilots who are threatening to strike next week have said the industrial action could be averted if the airline considers a new pay offer it has put forward. Pilots who are members of the British Airline Pilots’ Association (Balpa) are due to strike on 9, 10 and 27 September but have said they [...]
Tube chaos: Severe delays hit Metropolitan Line and Victoria Line September 5, 2019 Commuters faced another day of chaos on the Tube today as severe delays struck two London Underground lines a day after no service on the Northern Line. The Metropolitan Line and Victoria Line were both running severe delays this morning as Transport for London (TfL) urged passengers to find alternative routes into work. Read more: [...]
Nissan boss admits overpayment as boardroom scandal roars back into life September 5, 2019 Nissan’s long-running scandal over executive pay has received a new lease of life after chief executive Hiroto Saikawa admitted he was overpaid in violation of internal company rules via a scheme designed by disgraced former boss Carlos Ghosn. An internal investigation is said to have found Saikawa and several other executives had received more pay [...]
Ryanair pilots to strike for another seven days in September September 4, 2019 Ryanair pilots have announced a further seven days of strike days in the ongoing running spat with the airline over pay and working conditions. Ryanair pilots who are members of the British Airline Pilots’ Association (Balpa) will strike on 18, 19, 21, 23, 25, 27 and 29 September. Read more: Ryanair flights continue as normal [...]
Northern Line suspension: Delays hit five major Tube lines at rush hour September 4, 2019 The Northern Line is now running with minor delays after a day of frustration for commuters, as TfL warned of evening rush hour disruption across five major Tube lines. Transport for London (TfL) told passengers that the Northern Line service has mostly recovered from signalling failures that left the line suspended for much of today. [...]
Chancellor Sajid Javid accused of ‘kicking can down road’ over RPI verdict September 4, 2019 Sajid Javid has been accused of “kicking cans down roads” with his decision to delay plans to scrap or reform the Retail Price Index (RPI). The chancellor confirmed he would not consult on reforming or ditching the inflation measure until January 2020, and that any changes were unlikely to be made until 2025 at the [...]
Cathay Pacific chair John Slosar resigns amid Hong Kong controversy September 4, 2019 The chairman of Cathay Pacific John Slosar has stepped down from his role and will be replaced by Patrick Healy. The Hong-based airline has been embroiled in controversies relating to the widespread pro-democracy protests in the city and has come under pressure from Chinese authorities to suspend staff who participate in the demonstrations. Read more: Cathay [...]