Former Stobart boss Andrew Tinkler makes capital injection offer for ailing airline Flybe February 3, 2019 Former Stobart chief executive Andrew Tinkler has made a capital injection offer for ailing airline Flybe as it prepares to complete a proposed sale to a group led by Virgin Atlantic. The Flybe board today confirmed it had received a "very preliminary, short and highly conditional outline contingency proposal" from Tinkler, who was fired from the Stobart board last summer amid [...]
Nissan to cancel X-Trail production plans in latest car industry setback February 2, 2019 The UK car industry is set to suffer another blow next week when Nissan announces that it will be cancelling plans to manufacture its X-Trail model at its Sunderland plant. An announcement will be made on Monday by the company's executives and casts further doubt over Nissan's future investment in Britain, according to Sky News. [...]
Heathrow hawk stolen in smash-and-grab raid near airport February 2, 2019 A hawk which kept birds away from Heathrow Airport has been stolen. Milo, a six-year old Harris Hawk, was stolen after a gang smashed their way into a van near Heathrow. Owner Layla Bennett, 34, was checking into the Mercure hotel near the airport on Tuesday when the robbery took place. Bennett, who is offering [...]
London snow: Southeastern tells commuters to avoid peak trains amid ice warning February 1, 2019 Londoners were today issued with an ice warning as snow hardens in the capital and around the south east. The Met Office has posted a yellow warning for ice for tonight and into the weekend, though snow will gradually ease through the night despite temperatures continuing to drop below freezing. Read more: Snowpocalypse – what to [...]
Snowpocalypse: What to do if your train or plane is delayed by snow February 1, 2019 The snow sweeping across the UK brings with it an inevitable helping of travel delay as the country’s transport network struggles in the difficult conditions. Consumer rights group Which has put together some advice for travellers of what to do in the event their train or plane is cancelled or delayed. Read more: Snow hits [...]
Ford confirms almost 400 job losses in first phase of redundancies at Bridgend plant February 1, 2019 Car manufacturer Ford has confirmed around 370 members of staff will lose their jobs in a voluntary redundancy programme at its Bridgend engine plant. It is affirmation of reports last month that Ford will begin cutting jobs at the plant as the company re-evaluates its European strategy. Read more: SSE will sell stake in Scottish wind [...]
SSE will sell stake in Scottish wind farms in £635m deal February 1, 2019 Utility SSE will sell a large stake in two Scottish wind farms to Greencoat Wind and a British pension fund in a deal worth £635m. The two investors will take a 49.9 per cent stake in the 320 megawatt Stronelairg and Dunmaglass sites, while SSE continues to operate the turbines, the company said. Read more: Would [...]
Sale of airline Norwegian fell through because of Brexit, chairman says February 1, 2019 A sale of airline Norwegian Air Shuttle fell through last year amid Brexit uncertainty, the company has revealed. Chairman Bjorn Kise said that he and chief executive Bjorn Kjos, who is also a major shareholder, were onboard with a plan to sell the company to an unnamed bidder before Christmas. Read more: Budget airline Norwegian takes [...]
UK car industry warns on no-deal Brexit as manufacturing and investment nosedive January 31, 2019 The UK car industry has warned of the “devastation” a no-deal Brexit would cause as new figures show manufacturing and investment plummeted in 2018. UK car production fell to a six-year low of 1.52m units last year, while investment was slashed almost in half to just £589m, according to the latest data from the Society [...]
Flybe shareholder revolt on pause as Hosking Partners gets its paperwork wrong, company says January 30, 2019 Airline Flybe has rejected calls from a major shareholder to hold a vote on the future of chairman Simon Laffin, saying it submitted the wrong paperwork. Flybe confirmed on Monday it had been sent an application for a meeting where it would try to replace Laffin with veteran aviator Eric Kohn. Read more: Airline Flybe soars [...]