Eurozone construction sector held back by Germany in July August 6, 2019 The Eurozone construction sector grew marginally in July despite activity falling in Germany for the first time in nine months. Read more: Investor confidence in Eurozone hits five-year low The construction purchasing managers’ index (PMI), a gauge of the sector’s health from data firm IHS Markit, rose slightly to 50.8 in July from 50.6 in [...]
Chaos averted as union calls off tomorrow’s Heathrow strike August 5, 2019 The 24-hour strike that was due to force Heathrow into shutdown has been called off. Unite the union had been engaged in talks with senior Heathrow personnel about averting the strikes, which would have been carried out by more than 4,000 workers, including security guards, firefighters and engineers. A Heathrow spokesperson said: “Unite has chosen [...]
BBA Aviation profits down amid aerospace industry struggles August 5, 2019 Aerospace services firm BBA Aviation shares fell this morning as it announced a slight deterioration in first half profits. The firm, which provides the global aviation industry with fuelling, ground handling and passenger services, said a cooling sector was partly to blame for the results. Read more: Cobham founding family says takeover ‘against national interest’ [...]
Heathrow and Unite locked in last-ditch talks to halt tomorrow’s strike August 5, 2019 Heathrow and Unite the union are engaged in last-ditch talks to prevent strikes planned for tomorrow from going ahead. Unite has postponed the strike that was set for today, in which more than 2,000 workers, including security guards, firefighters and engineers, planned to “shut down” the airport in a dispute over pay. Read more: Union [...]
Car sales stagnate again in July but electric vehicle market share surges August 5, 2019 New car sales were hampered last month by confusion over Brexit uncertainty and the government’s future policies over plug-in hybrid electric cars. The British new car market shrunk 4.1 per cent in July, its fifth straight month of decline, according to the Society of Motor Manufacturers and Traders (SMMT). Read more: Car industry investment grinds [...]
UK summer strikes: Your guide to the airline strikes that could wreck your holidays August 5, 2019 You’re all set to go on your summer holiday. You’ve booked your hotel, filled every minute of the family itinerary with sight-seeing adventures, and you’ve sorted your flights. Then you get the dreaded news – your airline, or airport, is going to be hit by UK summer strikes. And what’s more, they’re right on the [...]
Unions suspend tomorrow’s Heathrow strike as talks continue August 4, 2019 Travel chaos may have been avoided at the last minute as Unite the Union called off its planned strike at Heathrow to continue negotiating with the airport. Firefighters, security guards and others had been scheduled to walk out from midnight, threatening services at London’s biggest airport. Talks are set to continue tomorrow, through the conciliation [...]
Uber quest for long-term London licence faces rejection August 4, 2019 London’s transport bosses are set to snub Uber’s bid for a long-term licence in London when its probationary period runs out next month. The ride-hailing giant has been seeking a five-term licence to operate in the capital but is instead likely to be granted a shorter one that will run for less than two years, [...]
Government loses bid to throw out legal challenges against franchise snubs August 4, 2019 The government has lost a bid to strike out legal challenges from three rail firms that are contesting its handling of controversial franchise bids. Last week The High Court gave Virgin, Stagecoach and Arriva Trains the green light to challenge former transport secretary Chris Grayling’s decision to ban them from bidding for the East Midlands, [...]
KPMG appointed administrators as Laterooms and Superbreak collapse affecting thousands of holiday-goers August 2, 2019 KPMG has been appointed as administrators to Laterooms and Superbreak following the companies collapses on Thursday. Both firms are owned by the Malvern Group, which has ceased trading, after Cox & Kings India, which owned a 49 per cent stake in the company, defaulted on loan repayments. Read more: Pets at Home set to beat [...]