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      Investors cheer end of ‘damaging’ capital gains tax Budget speculation

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Transport & Infrastructure

  • UK commuters shun season tickets for eighth consecutive quarter but rail travel rises

    October 4, 2018

    UK commuters turned away from season tickets for the eighth consecutive quarter between April and June this year, as rail fares hikes makes regular travel more expensive and working patterns become more flexible. According to data from rail regulator the Office of Rail and Road (ORR), the number of season ticket journeys fell by 1.7 per cent [...]

  • Twenty-four hour strike on Central Line to go ahead tomorrow after talks break down

    October 4, 2018

    A 24-hour strike on the Central Line will go ahead tomorrow after talks between Transport for London (TfL) and the Aslef union broke down. The entire Central line will be out of service for the whole day, as will the night tube, and there will also be little or no service on the Waterloo and City [...]

  • Easyjet passenger numbers climbed to 8m in September as Ryanair grappled with strikes

    October 4, 2018

    Easyjet's passenger numbers for last month climbed to 8.8m last month, including numbers it has taken from flying from Berlin's Tegel airport. The number is an 14.2 per cent increase from September last year, when the airline carried 7.7m passengers. Earlier this year the airline started operations at Tegel airport after taking over parts of Air [...]

  • Legal challenges against Heathrow third runway given green light for full hearing next year

    October 4, 2018

    Five separate legal challenges against the government strategy for the third runway at Heathrow have been given the green light for a full hearing, most likely to be heard next year. This summer MPs rubber-stamped the £14bn third runway after MPS voted overwhelmingly in favour of the Department for Transport's (DfT) national policy statement (NPS). The decision proved [...]

  • RMT rail union to stage 48-hour strike on embattled South Western Railway tomorrow

    October 4, 2018

    A 48-hour strike by the RMT rail union hit the embattled South Western Railway (SWR) line tomorrow amid the long-running dispute over the role of guards. SWR operates services out of Waterloo and Clapham Junction to places in the south such as Southampton, Reading, Bournemouth and Portsmouth. The operator said it plans to run nearly two thirds [...]

  • Uber Eats riders and restaurant workers to strike over gig economy pay

    October 4, 2018

    Uber Eats workers are to stage a strike later today with a small number of workers from JD Wetherspoon and TGI Fridays over gig economy pay and conditions. Some McDonalds and Deliveroo workers were also set to take part in the rally in Leicester Square at 11am this morning, while Uber Eats drivers are preparing their own separate strike outside its [...]

  • UK car sales plunge 20 per cent in September amid confusion over tax and emissions standards

    October 4, 2018

    Demand for new cars in the UK  plunged more than 20 per cent last month as tougher regulations around emissions started to bite. Read more: 'A step in the right direction': SMMT lends support to May's Chequers plan The Society for Motor Manufacturers and Traders (SMMT) said nearly 339,000 cars were registered in September, down [...]

  • ‘A step in the right direction’: SMMT lends support to Theresa’s May Chequers plan

    October 4, 2018

    Car industry chief Mike Hawes has said Theresa May's much maligned proposal for Brexit is a "step in the right direction" for the troubled industry. Hawes, the chief executive of the Society for Motor Manufacturers and Traders (SMMT), told the BBC that while the prime minister's Brexit strategy wasn't a "panacea" for the industry, remaining [...]

  • TfL to roll out first 24-hour ‘eco laundry vending machines’ for time-pressed commuters

    October 4, 2018

    For many Londoners, the commute into work is one of the most stressful parts of the day – perhaps behind doing the laundry. Now both are being made stress-free with new eco-laundry vending machines that are being rolled out across various Tube stations. Transport for London (TfL) is today launching VClean Life's first 24 hour machines to allow time-constrained commuters [...]

  • Sadiq Khan accused of misleading public over nine-month Crossrail delay

    October 3, 2018

    Members of the London Assembly have accused Sadiq Khan of misleading the public over what he knew about a nine-month Crossrail delay that infuriated commuters when it was revealed this summer. The Assembly's transport committee, which has been investigating the delay, has sent a damning letter to London mayor Khan. The letter, seen by City A.M., [...]

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