Energy suppliers set to blow 2020 smart meter rollout deadline, predicts consumer group November 19, 2018 Major energy suppliers would need to triple the number of smart meters they are currently installing to meet the 2020 deadline, Which? has warned. The consumer group said large suppliers would need to increase their rate of installation to 30 smart meters per minute every day for the next two years if they are to [...]
Getting the wheels in motion to make London a safer city for cyclists November 19, 2018 The UK’s biggest road safety event is a timely reminder of the progress made in this life-saving area of work, particularly when it comes to the Square Mile’s streets. During Road Safety Week, the City of London Corporation’s planning and transportation committee will debate a five-year plan designed to build on recent progress. The plan has [...]
Waterloo chaos: South Western Railway tells commuters not to travel November 19, 2018 Commuters heading to London this morning have been told not to travel by rail operator South Western, after Network Rail engineering works overran this weekend. Stations at Working, Surbiton, Raynes Park and Earlsfield are all closed as a result, with no trains able to depart Wimbledon or Clapham Junction until the works conclude. South Western said [...]
Easyjet profits set to soar after capitalising on Monarch collapse November 18, 2018 Easyjet is set to report soaring profits for the year after capitalising on the collapse of rivals Monarch and Air Berlin. The low-cost airline is expected to report full-year pre-tax profit of between £570-580m, in the upper half of its previous guidance and up from £385m the previous year, and revenue of £5.9bn. The carrier has [...]
Japan Airlines impose tougher alcohol rules for pilots after Heathrow arrest November 17, 2018 Japan Airlines will introduce a new breathalyser test for its pilots abroad after one was arrested for being drunk at Heathrow Airport last month. Katsutoshi Jitsukawa was almost ten times over the UK's legal limit for a pilot's alcohol consumption when a breathalyser test conducted in London found he had 189mg per 100ml of his [...]
Tesla’s Model 3 sedan on sale in China as Elon Musk plans to increase global operation November 17, 2018 Tesla's new Model 3 sedan is now available to order in China as the company continue to expand its global operation, particularly targetting the Asian market. On the company's website it says that Model 3 deliveries to China will begin in 2019 and Tesla CEO Elon Musk confirmed via his Twitter account that they will [...]
Volkswagen embarks on $50bn plan to mass produce electric cars November 17, 2018 German car manufacturer Volkswagen has said it will become the most profitable manufacturer of electric cars in the world, under the terms of a new plan to mass produce battery-powered vehicles. Chief executive Herbert Diess said the company will spend almost €44bn (£39.1bn) on developing the technology for a fleet of electric and self-driving vehicles, [...]
Jet Airways share price soars amid Tata Sons takeover talk November 16, 2018 Jet Airways share price jumped up by almost seven per cent on Friday following reports that the airline is close to a deal with Indian conglomerate Tata Sons. The stock was up 6.26 per cent on Friday afternoon and hit a two month high, rallying nearly 60 per cent over the past month. The debt-laden airline [...]
British builder Kier Group confident of meeting full-year expectations with results weighted towards second-half of financial year November 16, 2018 Kier Group has announced that it is confident of meeting its full-year expectations ahead of its AGM today, with the full-year results being weighted towards the second half of the financial year. The FTSE 250 listed company have said it will continue to focus on operational cash generation and reducing net debt as part of their Future Proofing Kier (FPK) [...]
Dubai-based airline Emirates hit by 50 per cent profit drop as fuel costs bite November 15, 2018 Dubai-headquartered airline Emirates suffered its lowest half-year profit in a decade as it warned “the next six months will be tough". Emirates today said its profit plunged 53 per cent to 1.1bn United Arab Emirates dirhams (£240m) while revenue climbed 10 per cent to 54.4bn United Arab Emirates dirhams (£48.3bn). It said its results were [...]