Will Ryanair gain from turbulent O’Leary moving aside? March 20, 2019 Earlier this month, the chief of budget airline Ryanair, Michael O’Leary, announced he would be stepping back from the day-to-day running of the airline. O’Leary identified his reputation as a negative distraction to the airline’s business and that the move would be a chance to “reboot” the company’s public perception after “disappointing” profit announcements. O’Leary [...]
UK airlines, lorries and bus operators to travel to EU as normal in event of a no-deal Brexit March 19, 2019 UK airlines, lorries and bus operators will be able to travel to the EU as normal in the event of a no-deal Brexit. EU ministers today formally adopted laws that will mean lorries will not need permits for journeys into the EU until the end of 2019. Bus and coach operators that already have permission to [...]
EU aviation authority says it will not be swayed by US decision on Boeing’s grounded jet March 19, 2019 The EU's ban on the Boeing plane model that crashed in Ethiopia earthier this month will stay in place until it is satisfied with guarantees given by the manufacturer, the head of the bloc’s aviation regulator said today. Patrick Ky, executive director of the European Union Aviation Safety Agency (EASA), said the authority would look [...]
Rail review head Keith Williams says government role in industry ‘has to change’ March 19, 2019 The government's role in the UK railways will "have to change" if the industry is to become more customer-focused, the former boss of British Airways has said. Keith Williams, who was appointed to lead a "root and branch" review of the railways following last year's May timetable chaos, hinted that the Department for Transport (DfT) could take [...]
Ofgem boss admits he is worried over heating’s role in UK climate change plans March 19, 2019 The head of Ofgem has admitted he is “nervous” about the role of heating as the UK tries to meet its climate change obligations. The regulator’s chief executive, Dermot Nolan, said he is relatively sanguine about decarbonising transport and the power grid, but the UK will have a tougher time with its largely gas-powered heating [...]
Hyundai teams up with Russian tech giant Yandex to build driverless cars March 19, 2019 Hyundai has today moved up a gear in the global race to manufacture driverless cars, as it teams up with Russian tech giant Yandex. The announcement signals Hyundai’s intentions to move into the slipstream of rivals Toyota and Ford, who have teamed up with Softbank and Chinese internet giant Baidu respectively to work on autonomous [...]
UK must decarbonise heating, but not through hydrogen, Centrica boss says after government commitment March 19, 2019 Britain and other countries must remove carbon from their heating and cooling, British Gas owner Centrica said today, but warned a move to make the gas grid run on hydrogen is “unlikely to be practical”. Centrica chief executive Iain Conn said natural gas would be “crucial” in the transition to reducing carbon emissions, and that Britain [...]
Marshalls shares race to record high: What now? March 19, 2019 | City Talk Up 78 per cent since we backed them, the shares are still not expensive and the business is in great shape. Marshalls (LSE:MSLH) is an easy company to like. It makes things we all use on a daily basis, and it makes them well. Despite Brexit and a weak construction sector, its concrete paving slabs have [...]
Former Carillion man takes the reins at embattled Kier Group March 19, 2019 The man who was once named the new leader of Carillion has taken the reins at Kier Group, the construction firm confirmed this morning. Andrew Davies, appointed Carillion’s new chief executive just months before it went out of business, will take up his new role form 15 April, Kier said. Read more: Embattled outsourcer Kier's net debt [...]
Businesses bag £90m to overhaul UK city transport in government review March 19, 2019 Businesses will be offered up to £90m to implement their ideas on how to improve transport in UK cities and towns as part of a new government review. Businesses will be asked to offer their ideas into how to make transport more innovative, convenient and reliable, and how data sharing can improve public services by [...]