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 [...]
Hammersmith bridge: Repairs could cost £120m and take three years to finish September 3, 2019 Vital repair works to Hammersmith bridge are to cost £120m and will take three years to complete, it was revealed today. The suspension bridge over the Thames was closed by Hammersmith and Fulham council in April after it found “critical faults” it said would risk the safety of users. Read more: Hammersmith bridge costs will [...]
HS2 ‘still vital’ despite ballooning £88bn price tag, say businesses September 3, 2019 HS2 is at risk of costing the public £88bn and could be delivered seven years behind schedule, but businesses still believe the project is worth the time and money. Allan Cook, the chairman of HS2, today revealed his cost and timetable projections for the troubled high speed line, including that the project is could now [...]
HS2 faces seven-year delay as costs set to balloon to £88bn September 3, 2019 The real cost of HS2 could spiral to £88bn as the project faces years of delays, according to an explosive report authored by the chair of the controversial UK infrastructure project. Allan Cook, who has carried out an internal review of the project, said he did not believe the scheme, which will link London to [...]
Ryanair and Wizz Air enjoy passenger jump in August September 3, 2019 Ryanair and Wizz Air both enjoyed an uptick in passenger numbers in August, with the latter enjoying a record-breaking month. Ryanair passenger traffic grew to 14.9m last month, up eight per cent on the previous year. In June it carried 14.8m customers. Read more: Ryanair flights continue as normal as pilots kick off three-day strike [...]
Cathay Pacific suspends cabin crew following issue with oxygen bottles September 3, 2019 Cathay Pacific has suspended some members of its cabin crew following the discovery that some oxygen bottles were found to be depleted in two of its recent flights. The airline said some portable oxygen bottles on a flight from Toronto to Hong Kong and Bali to Hong Kong were found to be “discharged or partially” [...]