All the train delays to hit the UK as heatwave leads to travel chaos July 26, 2019 More transport delays are set to plague passengers today despite temperatures cooling after a record-breaking heatwave this week. Passengers were left to deal with travel chaos yesterday amid July’s hottest day ever after a record-breaking 38.1C was recorded in Cambridge. Read more: UK temperatures break July record And Network Rail warned of more travel disruption [...]
Boris Johnson ramps up no-deal Brexit plans with £300m freight capacity pledge July 26, 2019 Boris Johnson has pledged to spend up to £300m on extra freight capacity in order to keep vital goods moving in the event of a no-deal Brexit. The disruption to imports and exports across the Channel is one of the most prominent risks facing Britain in the event of the UK leaving the European Union [...]
American Airlines to take $400m hit from Boeing 737 Max groundings July 25, 2019 American Airlines shares dropped today after it said the Boeing 737 Max groundings would likely dent its 2019 pre-tax earnings by around $400m (£320m). Read more: Boeing loses $3.4bn on 737 Max groundings in second quarter Yet in its second quarter results, released today, the world’s biggest airline said its revenue grew by 2.7 per [...]
Ride the UK heatwave: These are London’s hottest Tube lines July 25, 2019 It’s sweltering outside, and the last thing you want to do when it’s hot is take the Tube. But with the UK set to experience a new record high temperature today of 39C, for once it’s actually cooler on the London Underground than it is in the capital’s parks. Read more: UK breaks temperature record [...]
Business groups urge Boris Johnson to drop opposition to Heathrow third runway July 25, 2019 Business groups have urged the new Prime Minister, Boris Johnson, to drop his apparent opposition to Heathrow’s third runway. In a letter to Johnson, business firms including the CBI and British Chamber of Commerce warned that a failure to support the £14bn scheme would “prevent us all from successfully building a global Britain”. Read more: [...]
Majority of Londoners support TfL control over commuter rail services July 25, 2019 Nearly 60 per cent of Londoners want decision making on the railways to be taken by the mayor of London and Transport for London (TfL), a new poll has found. Research by Populus for the Rail Delivery Group (RDG), which represents train firms and Network Rail, found that 59 per cent of Londoners want decision [...]
Smooth landing for Wizz Air as profits soar July 25, 2019 Budget airline Wizz Air carried more passengers and squeezed more money from them, its first quarter results show. Profit for the three months to 30 June was €72.4m (£66.22m), boosted by passenger growth of 20.1 per cent to just over 10m people flying with the airline. Ancillary revenue, that’s all the extras that you pay [...]
National Express posts record profit of £113m in first half of 2019 July 25, 2019 National Express has posted a 15.3 per cent rise in operating profit for the first half of this year to a record £113.1m thanks to growth in all of its divisions. Read more: National Express revs up sales growth as it hits the road for Silicon Valley The figures Statutory profit before tax grew from [...]
Nissan to cut 12,000 jobs as its profits go in reverse July 25, 2019 Workers in Nissan’s Sunderland vehicle factory are braced to find out if they are part of the more than 12,000 workers to be laid off globally by the embattled carmaker. Nissan has said it will slash around 12,500 jobs globally as it looks to rein in costs and reduce its output. Read More: Nissan forecasts [...]
Commuters urged to avoid travel as scorching heat threatens chaos July 25, 2019 Commuters have been urged to avoid travel today as the high temperatures cause delays and cancellations across the London network. Southern, Southeastern, Thameslink, LNER and the London Overground have all put speed restrictions in place to reduce the chances of tracks expanding and buckling under the heat. Read more: Retailes and bar chains set to [...]