Mercedes’ strong Chinese showing was not enough to avert steep January fall in sales February 11, 2019 Mercedes-Benz deliveries dropped sharply in January, but still made for the firm’s second-best ever start to a year after a record beginning for 2018. The luxury car maker said although sales dropped 6.7 per cent on the previous month to 180,539 units, an upcoming new model offensive would make 2019 another record year. Read more: Daimler [...]
Heathrow passenger numbers take off in strong start to 2019 February 11, 2019 Heathrow Airport started 2019 as it meant to go on by boosting passenger numbers two per cent year on year to 5.9m, it revealed today, despite posting a stark drop in demand for local flights. Read more: Sadiq Khan: TfL working with airports to plan for no-deal Brexit The 2.1 per cent rise helped Heathrow [...]
The final frontier: Opportunities for global Britain lie in the stars February 11, 2019 This summer marks the fiftieth anniversary of the first humans landing on the moon on 20 July 1969. It was a defining moment of human achievement that still intrigues and fascinates to this day. First Man, Hollywood’s look at the life of the astronaut Neil Armstrong, played by Ryan Gosling, has just been nominated for [...]
Utilitywise speaking to buyers as it looks for way out of financial woes February 11, 2019 Utilitywise’s 1,000 staff are waiting with bated breath as it speaks to investors over a potential £10m sale, which could keep the struggling company afloat. After failing to clinch the investment it needed from shareholders, the company put itself up for sale at the end of last month. Now it has confirmed that it is [...]
Seaborne Freight’s no-deal Brexit contract scrapped by government February 9, 2019 Seaborne Freight has had its contract with the government cancelled after it emerged the firm had no ferries to carry vehicles or goods across the channel. The Department for Transport (DfT) agreed a contract with Seaborne worth £13.8m in case a no-deal Brexit occurred. However, the DfT revealed it has terminated the deal with the freight [...]
Flybe’s ultimatum to shareholders over controversial Virgin bid sends shares crashing February 8, 2019 Flybe’s low-flying shares lost up to a quarter of their value this morning after the struggling airline’s board warned investors it would wind up the company if they do not approve an unpopular takeover. Shares trimmed their losses to stand 18 per cent down at 2.59p as investors reacted to the ultimatum delivered after the [...]
South Western commuters face more strike misery with fresh dates announced February 7, 2019 Fresh strikes are set to hit commuters on South Western Railway routes in February and March, a union warned today. The RMT union said it secured a fresh mandate for industrial action in a long-running dispute over a reduction in the number of guards on South Western trains. Read more: Ryanair profits slide as strike [...]
Westminster council victorious as court rejects TfL appeal over blocked CS11 cycle superhighway February 7, 2019 Transport for London (TfL) will not be able to build its proposed CS11 cycle superhighway at Swiss Cottage after it lost an appeal against a decision by Westminster council to block its construction last year. The Court of Appeal yesterday upheld an earlier ruling that TfL could not proceed with the CS11 without considering traffic and [...]
160 jobs at risk as EDF pulls out of Nottinghamshire coal plant February 7, 2019 French energy giant EDF will power down a 2GW coal-fired generating plant after half a century of service, the company said today, putting 158 jobs at risk. The Cottam power station in North Nottinghamshire will close its doors in September, after becoming economically unviable. Read more: Business groups worried as Hitachi pulls out of Welsh [...]
Renault will alert prosecutors over costs for Carlos Ghosn’s Versailles wedding February 7, 2019 French car firm Renault will alert prosecutors over a sponsorship deal with the Palace of Versailles which included a €50,000 (£43,720) benefit to its ousted boss Carlos Ghosn. Renault’s internal probe, launched after Japanese authorities arrested Ghosn in November, has “identified that Mr Ghosn was accorded a personal benefit valued at €50,000 under the terms [...]