Tube delays: Severe delays hit Metropolitan Line as commuters advised to use the bus instead November 6, 2018 Severe delays are affecting the Metropolitan Line after a signal failure, spelling commuter chaos for those heading to work from west London. The failure at Harrow-on-the-Hill means local buses are accepting tickets, said Transport for London (TfL). The delays come just a day ahead of strikes expected to wreak havoc on Tube lines. The Central [...]
Icelandair stocks skyrocket as it announces Wow Air purchase November 5, 2018 Icelandair closed up more than 39 per cent today after the airline announced plans to buy fellow Icelandic carrier Wow Air. The deal, which is subject to approval by Icelandair’s shareholders and the country’s competition authorities, will see Wow Air shareholders receive 5.4 per cent of Icelandair’s shares. Icelandair said the companies will continue to operate as [...]
Regulator calls for ‘urgent’ answers on Heathrow third runway plan November 5, 2018 Heathrow airport’s operator has been told it must “decisively and urgently” answer questions about its plans for delivering a third runway. The Civil Aviation Authority (CAA), the UK’s aviation regulator, said it hard concerns about the airport’s “information flow”, and demanded answers on the costs and timeline for its expansion. In a letter to the [...]
Brittany Ferries boss issues Brexit warning over falling advance bookings November 5, 2018 Families are hesitating to book ferry travel in advance due to uncertainty surrounding the UK’s departure from the European Union, the chief executive of Brittany Ferries Christophe Mathieu warned today. The business, which operates from Portsmouth, Poole and Plymouth, reported that bookings for next year are already showing a “worrying” downward trend despite a two [...]
Train union threatens Christmas ‘shutdown’ as commuters gear up for Central and Piccadilly Line strike on Wednesday November 5, 2018 Train driver union Aslef has threatened a widespread Christmas "shutdown" amid its ongoing industrial spat with Transport for London (TfL). Aslef said its executive committee will discuss resolutions from branches on the Northern and Hammersmith & City and Lines who have asked to be balloted for action. "Unless there is a rapid change of approach from management, [...]
Ryanair boosts passenger numbers by 11 per cent in October despite 300 cancelled flights November 5, 2018 Budget airline Ryanair saw an 11 per cent increase in traffic in October, as it carried 13.1m passengers. The total includes 500,000 passengers from Lauda, the airline founded by former Formula One champion Niki Lauda and recently acquired by Ryanair. When taking into account Ryanair alone, traffic grew 7 per cent on last year to [...]
UK car sales slump again in October despite growth in hybrid car sales November 5, 2018 New car sales fell by 2.9 per cent in October as the industry continues to grapple with strict new emissions standards and confusion over diesel policy. Figures released today by the Society of Motor Manufacturers and Traders (SMMT) show new vehicle registrations fell to 153,599 in October. Overall, the new car sector remains down by [...]
Uber launches new subscription service across five US cities November 4, 2018 Ride-hailing app Uber has rolled out a new subscription scheme across five US cities. Based on subscriptions, the new ride pass will allow members to avoid surge pricing, when fees peak at rush hour and at other times when demand is high. The lowest monthly subscription comes in at $14.99 (£11.55) in Austin, Denver, Miami and Orlando, while [...]
Ineos billionaire reportedly plans to build Land Rover Defender rival at Ford factory, saving 1,100 jobs November 2, 2018 Chemical company Ineos is reportedly in talks with Ford to build its proposed Land Rover Defender rival at the car manufacturer’s Bridgend site. It is proposing to use the portion of the of the Bridgend facility currently occupied by Jaguar Land Rover to assemble the Defender, according to a report citing three people close to [...]
Crossrail chief executive to step down as London Underground boss called in for ‘complex’ final stages of delayed project November 2, 2018 Crossrail chief executive Simon Wright will step down later this year after the government said it would bail out the delayed project with a £350m loan. Transport for London said Wright, who took the role in March, would step down by the end of the year “as planned” and be replaced by London Underground managing director [...]