British Airways and Easyjet among airlines ‘most exposed to a no-deal Brexit’ September 27, 2018 British Airways and Easyjet are among the airlines that are particularly vulnerable to a "no-deal" Brexit, financial services firm Moody's has warned. The possibility of a no-deal Brexit, in which the UK would crash out of the EU on terms set by the World Trade Organisation (WTO), has been ramping up in recent months, as [...]
UK car production falls for third consecutive month in August September 27, 2018 UK car production declined for a third consecutive month in August by 13 per cent, due to model changes and maintenance shutdowns, the Society of Motor Manufacturers and Traders (SMMT) has said. Around 89,254 cars were produced last month. Domestic production fell by nearly 40 per cent while exports were down by 3.8 per cent to [...]
Commuters hit with double whammy of Piccadilly Line strike and District Line delays September 27, 2018 Commuters have been hit with a double whammy of travel disruption this morning as severe delays hit the Distrct Line between Upminster and Tower Hill and the strike on the Piccadilly Line entered its second day. Transport for London (TfL) said tickets would be valid on London buses for those using the District Line: https://twitter.com/TfLTravelAlerts/status/1045235046561587201 [...]
Westminster and City Hall in tense standoff after council misses Sadiq Khan’s deadline for new Oxford Street plans September 26, 2018 Westminster City Council has said it will not meet Sadiq Khan's deadline for submitting its alternative plans for Oxford Street this month, in a move that risks further heightening tensions with City Hall over the abandoned project. The Conservative-led council was working closely with Transport for London (TfL) and City Hall on the pedestrianisation of Oxford Street [...]
Asda sparks petrol pump price war as it cuts costs by 2p per litre September 26, 2018 Supermarket chain Asda cut petrol prices by 2p per litre this morning, sparking a supermarket petrol price war as Morrisons and Sainsbury’s followed suit shortly after. Asda, which accounts for about 7.5 per cent of the fuel market, cut the price cap for its pumps to no more than 126.7p per litre for unleaded [...]
Piccadilly Line suffers severe delays as union workers begin three-day strike September 26, 2018 A three-day strike on the Piccadilly Line will go ahead this lunchtime after talks between union workers and Transport for London (TfL) broke yesterday. The RMT rail union confirmed the strike by drivers will start today at 1pm through until Saturday. The RMT said TfL bosses has "scuppered" the talks by "refusing to bring [...]
Signal failure causes delays on the District Line September 26, 2018 The District Line is running with minor delays this morning between Earl's Court and Ealing Broadway to Richmond owing to a signal failure. Transport for London (TfL) said tickets will be valid on London buses, Great Western Railway and C2C, the operator of the Essex Thameside railway franchise. The transport body urged passengers to find alternative [...]
Daimler names new CEO as outgoing executive prepares to lead board September 26, 2018 Daimler’s chief executive is standing down more than a year before his contract expires. Dieter Zetsche will leave his post early in order to comply with a two-year cooling-off period before he can take up the role of supervisory board chairman at the car manufacturer in 2021. Read more: Halfords sales speed up ahead [...]
Ryanair cancels flights for 30,000 customers ahead of cabin crew strike on Friday September 25, 2018 Ryanair has cancelled 190 flights ahead of a strike by cabin crew workers from six different countries on Friday. Friday's strike will be held by cabin crew in Spain, Belgium, Holland, Portugal, Italy and Germany. Ryanair said it has contacted the affected 30,000 customers by email or text this morning. It said 90 per cent of its flights [...]
Taxpayers to foot £65m bill from Carillion redundancies September 25, 2018 Taxpayers are set to cough up £65m in redundancy payouts following the collapse of outsourcer giant Carillion. The liquidated construction services company, which bucked under the weight of a £1.5bn debt pile in January, has so far paid out £50m of the total £65m after thousands of workers were made redundant. The figures also [...]