These are the 10 projects vying for the title of London’s greatest infrastructure achievement October 26, 2018 The 10 projects in the running to be named London's greatest infrastructure achievement for this year have been revealed. The Institution of Civil Engineers has released the shortlist of 10 projects being considered for the top accolades, with awards being given out next month for the best infrastructure project, innovation, and community benefit. All projects [...]
Central line revealed as worst Tube line for pickpocketing as London Underground thefts rise by a third October 26, 2018 Theft on London's Underground has increased by more than a third over the past two years, according to new data, with the Central Line emerging as the worst Tube line for pickpocketing. The figures reveal that there were 5,153 thefts on the Tube between August 2017 and July this year. The Central and Piccadilly lines [...]
Drivers at Paddington station could be balloted for strike action affecting the entire Great Western Railway network October 26, 2018 Drivers at Paddington station will be balloted for strike action unless a suspended guard is reinstated later today. The RMT union said it would ballot all guards and drivers at the Paddington depot for strike action – which could cover the entire GWR network – unless the rail operator withdrew the suspension at a disciplinary hearing [...]
Heathrow hits record 60m passengers but profits fall on security costs October 26, 2018 Heathrow Airport served a record 60.5m passengers in the first nine months of 2018 but suffered a drop in profit on increased security costs. Pre-tax profit fell 7.4 per cent in the nine months to 30 September to £212m from £229m. Revenue climbed 2.3 per cent to £2.211bn, however operational charges increased with investments to [...]
National Rail’s new 26-30 railcard will go on sale nationwide before the end of the year October 26, 2018 Rail companies have come together to produce a railcard for 26 to 30-year-olds, which will be officially rolled out by the end of the year after a successful trial period. More than 4m people in the UK fall into that age group, which will now be eligible to purchase a 26-30 railcard. Just like the 16-25 railcard, [...]
British Airways owner IAG glides over profit expectations for quarter October 26, 2018 British Airways owner the International Consolidated Airlines Group (IAG) said today it had increased its profit for the quarter to €1.46bn (£1.3bn) up from €1.45bn last year. The results beat the company compiled consensus figures of €1.43bn. Operating profit for the nine month period was €2.575bn a 7.3 per cent increase on €2.4bn last year. IAG [...]
Tesla share price gets into gear after company shows profit in third quarter October 25, 2018 Shares in Tesla have shot up 7.5 per cent today after the company moved into the black in its third quarter results. The carmaker last night said it had turned a $619m (£241m) loss into a profit of $311m in the last three months. Revenue reached $6.82bn, smashing estimates from Refinitiv of $6.33bn. The results will [...]
British Airways reveals a further 185,000 users affected in fresh data hack October 25, 2018 British Airways owner International Airlines Group today said an investigation into September's data breach has revealed a further 185,000 users had been affected in an earlier hack on its website. An internal investigation uncovered a second hack which showed the financial details of another 77,000 payment cards were potentially compromised, including their card number, expiry date [...]
Tesla’s new Model 3 to hit British roads in the middle of next year, Elon Musk says October 25, 2018 Tesla will bring its new lower-cost, mid-range Model 3 car to the UK in mid-2019, chief executive Elon Musk said this morning. The car, which was launched last week, will also reach Australia at around the same time, Musk said on Twitter. Around mid 2019 — Elon Musk (@elonmusk) October 25, 2018 Same — Elon Musk [...]
Jaguar Land Rover to make 100,000 cars in new Slovakia plant within two years October 25, 2018 Carmaker Jaguar Land Rover will be producing 100,000 cars a year in its new Slovakia plant by 2020, factory boss Alexander Wortberg said at the opening today. The €1.4bn plant (£1.2bn) is taking over production of the company’s Discovery model and has the capacity to make 150,000 vehicles annually. Read more: Jaguar Land Rover to shut Solihull [...]