BMW reveals it will build electric Mini in Oxford in boost for UK’s car industry July 9, 2019 In the summer of 1959, the first Mini rolled off the production line in Oxford and hit Britain’s streets. While initially a response to the Suez crisis fuel shortage, its diminutive size made it a style icon, helped it symbolise the swinging sixties and shook up Britain’s car industry for good. Fast forward 60 years, [...]
London Victoria derailment causes commuter chaos July 9, 2019 An engineering train derailed overnight, causing rush hour havoc at London Victoria station as train services were delayed or cancelled. Read more: Revealed: These are London’s most stressful Tube stations Holidaymakers were unable to travel to Gatwick on Victoria’s Gatwick Express service while train operator Southern warned commuters of severe delays and a reduced service. [...]
Blast off: Richard Branson’s Virgin Galactic plots public listing July 9, 2019 Space may be the final frontier, but Virgin Galactic is readying itself to overcome a fresh obstacle before launching into the great unknown: a stock market listing. Sir Richard Branson’s space-tourism venture is planning to go public as part of a deal with a special-purpose acquisition company (SPAC). Read more: Fifty years on from the [...]
Tube delays: Commuters endure rush hour misery amid Northern Line delays July 9, 2019 Commuters suffered a miserable rush hour commute this morning, with the Northern Line suspended along the Bank branch due to the same problem that caused huge delays yesterday. A signal failure at Kennington meant there was no service running southbound between Camden Town and Kennington on the Bank branch of the Tube line. Read more: [...]
Eddie Stobart first half profits will be ‘at lower end’ of board expectations amid accounting error July 9, 2019 Haulage giant Eddie Stobart expects first half adjusted operating profit to come in at the low end of expectations, it said this morning. Shares fell 1.9 per cent this morning. The forecast follows a slowdown in some sectors and the firm’s decision to exit “a problematic contract” earlier this year. The firm said the shortfall [...]
Electric vehicle projects to receive £40m in government funding July 9, 2019 The government is to inject nearly £40m into a number of transport projects to push ahead electric chargepoint infrastructure in the UK. Twelve engineering projects, including those that will create underground and wireless charging systems, will receive £37m between them to invest in improving electric vehicle infrastructure across the country. Read more: BMW to hit [...]
Wind sector set to add enough capacity to power Britain each year July 8, 2019 The world is set to add enough wind turbines to more than power Britain’s at peak demand each year, new analysis shows. Consultancy Wood Mackenzie today said that global wind producers are expected to bring 71 gigawatts (GW) of capacity online each year until 2023. Read more: The answer to the UK’s renewable energy future [...]
British Airways owner set for record £183m fine after 2018 data breach July 8, 2019 British Airways is gearing up to face a record £183m fine by authorities after a data breach caused it to lose more than 400,000 customers’ information. The airline’s owner, International Consolidated Airlines Group (IAG), announced this morning it would make “any necessary appeals” in response to the penalty. Read more: British Airways data breach: How [...]
Gatwick Airport train station to get £150m revamp July 8, 2019 Gatwick Airport train station is to receive a £150m upgrade after the government agreed to the cash injection to reduce delays and congestion. The revamp, which will double the size of the station concourse, widen two platforms and increase the number of lifts, is designed to reduce congestion and overcrowding as the UK’s second largest [...]
British Airways looks to avert disruption of pilot strikes during busy summer months July 8, 2019 British Airways today began talks with pilots in an attempt to stop them striking over the summer. Pilots met company representatives at the conciliation service Acas after rejecting a pay increase of 11.5 per cent over three years. The airline has said the pay rise is “fair and generous”. Read more: Oman Air beats British [...]