Aston Martin shrugs off Brexit fears with plan to double production by 2025 November 25, 2018 James Bond may have to change his car if he wants to stand out from the crowd as Aston Martin’s chief executive today revealed plans to double production by 2025. The company is shrugging off concerns around Brexit and slowing Chinese demand as it looks set to make 6,400 cars this year, but it has [...]
Sadiq Khan faces fresh scrutiny over Crossrail delay after July dossier emerges November 25, 2018 London mayor Sadiq Khan is facing fresh questions over what he knew about the delay to Crossrail following the emergence of a dossier from July that indicated the £15.4bn project would not open on time. Khan has repeatedly said that he was only informed of the delay two days before it was made public on 31 August, [...]
Arch rivals Walsh and Branson in bidding war for struggling airline Flybe November 25, 2018 Arch airline rivals Willie Walsh and Richard Branson are set to go head to head in a bidding war for struggling airline Flybe. Walsh, who is chief executive of British Airways owner International Airlines Group (IAG), is facing competition from Branson’s airline Virgin Atlantic as the two carriers vie to take control of Flybe, which [...]
Ex-Nissan chair Carlos Ghosn denies misconduct allegations November 25, 2018 Carlos Ghosn, the former chairman of car giant Nissan, who was arrested and detained last week over allegations he under-reported his remuneration, has reportedly denied the allegations made against him. Ghosn, who was ousted from Nissan after his arrest following an internal company investigation, has not yet spoken out publicly. According to reports by Japanese [...]
London’s super sewer Thames Tideway Tunnel facing cost pressures November 24, 2018 The construction of London’s super sewer has hit cost problems due to a catalogue of engineering challenges, the project’s holding company has confirmed. Several cost pressures have been identified on the Thames Tideway Tunnel project, with total project costs for the six months to the end of September hitting £325.3m and bringing the total cost [...]
Thousands of Volkswagen cars sold with ‘potentially lethal’ seat belt fault , according to Which? November 24, 2018 Thousands of Volkswagen cars with a "potentially lethal" seat belt fault were sold to customers following the discovery of the issue, a consumer group has claimed. In May an investigation by a Finnish car magazine found that the centre-rear seatbelt failed when the back seats were full and the vehicle turned sharply. Volkswagen sold nearly [...]
Vauxhall cuts 241 more jobs at Ellesmere Port manufacturing plant in Cheshire November 23, 2018 Car maker Vauxhall is to slash 241 jobs at its Ellesmere Port manufacturing plant by the end of 2019, in a move it claims is “critical” to the competitiveness of the site. Owner Peugeot's (PSA) shares dipped this afternoon as Vauxhall said it planned to reduce headcount without having to utilise compulsory redundancies, instead trying to [...]
Rail union set to cause disruption with fresh Northern and South Western train strikes November 23, 2018 Trains coming in and out of London Waterloo are expected to be disrupted tomorrow, as disputes between railway operators and drivers' unions continue to rage on. Members of the Rail, Maritime and Transport (RMT) union have said they will strike on both Northern and South Western railways tomorrow in protest over a reduction in the amount [...]
Spark Energy becomes seventh energy provider to go bust this year, leaving 290,000 customers without a supplier November 23, 2018 Spark Energy is the seventh energy provider to go out of business this year, citing "tough trading conditions" as the reason behind its collapse. The company supplied around 290,000 customers across the UK but has today announced that it will cease trading. "The part of our group which supplies gas and electricity to homes across [...]
Commuter chaos: Extinction Rebellion protest creates central London gridlock for third straight day November 23, 2018 Protesters once again blocked rush hour traffic in central London this morning as members of environmental action group Extinction Rebellion took to the streets to cause chaos for commuters. A small number of activists blocked traffic at West Cromwell Road, Elephant and Castle, Victoria Street and Tower Hill for seven minutes, as their protests stretched [...]