PG&E files for bankruptcy as wildfires batter California’s biggest utility January 29, 2019 California’s wildfires claimed their latest victim this morning as the state’s main utility provider PG&E filed for bankruptcy. The Pacific Gas and Electric Company said it had submitted a so-called Chapter 11 filing in a bid to deal with potentially $30bn (£22.8bn) in liabilities as its network sparked hundreds of fires. Read more: PG&E burnt to [...]
Royal Mail narrows profit guidance as Brits set to send fewer letters than expected next year January 29, 2019 Shares dropped by around 13 per cent as Royal Mail slashed the upper range of its profit guidance this morning after a 2018 the company would rather forget. But there are further clouds on the horizon as the number of letters sent through the service is set to fall by more than previously forecast next [...]
Electric vehicle drivers struggle to find best tariff deals, charity finds January 28, 2019 Consumers aren't receiving clear enough information to work out the best tariff for their electric vehicles, a charity has found. New research from Citizens Advice, which assists the public with money, legal and consumer issues, said there was also a wide variation in the price of tariffs available and that non-recipients of a charge point grant [...]
Ranked: The best airports for pre-flight dining January 28, 2019 Heathrow Airport has topped a ranking of the UK’s 10 largest airports for pre-flight fine dining, shows research from travel comparison site Netflights. Read more: These are the best and worst airports for flight delays Home to eight of the highest-rated restaurants in the highest price bracket in the country, including House & Prunier Seafood [...]
London snow: TfL ‘working around the clock’ to avoid travel disruption January 28, 2019 Transport for London (TfL) has outlined “well-rehearsed” procedures to “keep the capital moving” ahead of expected snowfall in London and the south-east from tomorrow night. It comes as the Met Office issues a yellow weather warning for “possibly heavy” snow developing overnight on Tuesday and into Wednesday, with accumulations of up to 3cm expected across [...]
Commuter chaos on the cards as Southeastern mulls new winter timetable to brace for cold snap January 28, 2019 Southeastern may have to introduce its winter timetable from later this week as the UK braces itself for heavy snow. Southeastern, which serves routes in and out of London, Kent and East Sussex, said it may have to introduce its winter timetable from Thursday if necessary, warning that train times will change and peak services will [...]
For sale: Pipes burst at Utilitywise as £10m rescue attempt fails January 28, 2019 The water mains burst at Utilitywise today as the firm put itself up for sale after failing to raise £10m from investors. Two thirds of the company’s value was flushed away, with shares dropping to 1.88p, a far cry from its heights of around 370p in March 2014. Read more: Bills could change more than ever [...]
Car thieves can steal 230 keyless vehicles with a relay attack, warns consumer group Which January 28, 2019 Four of the UK’s five most popular cars can be stolen by thieves due to a flaw in keyless unlocking systems, it is claimed. Hundreds of keyless car models are susceptible to a so-called relay attack, which allows car thieves to mimic the passive keyless entry systems to gain access to vehicles, according to consumer group [...]
Alstom and Siemens offer concessions to win EU support for proposed merger January 28, 2019 Transportation giants Siemens and Alstom have put forward a number of concessions they hope will allay the concerns the European Commission holds over its proposed merger. Alstom and Siemens want to combine to create a new powerhouse with an estimated revenue of €15.3bn (£12.9bn). The commission has raised concerns that the two companies will be so dominant in [...]
Airline Flybe soars as major shareholder calls for chairman’s head after Virgin deal January 28, 2019 A row over the future of Flybe is set to escalate as the company threw its support behind chairman Simon Laffin days after its biggest shareholder called on him to step down. Last week Flybe’s shares plummeted by as much as 47 per cent as the airline said it was pushing ahead with a 1p-a-share [...]