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      Poundland owner set to release £10m to retailer ahead of MP questioning

      Poundland storefront with shoppers entering and exiting, showcasing the brands logo and discount signage in a bustling str...

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      A Lange & Söhne’s Anthony de Haas on Seikos, regrets and Radar Love

      Anthony de Haas, director of product development at A Lange & Söhne

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Transport & Infrastructure

  • 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 [...]

  • BMW warns of falling profits as trade and regulation pressures bite

    September 25, 2018

      BMW has warned its 2018 profits will fall and lowered its guidance for car profit margins, as the German car manufacturer wrestles with competition, rising costs and new rules on emissions. The group pinned its problems on several factors, including international trade conflicts, which it said were “distorting demand more than anticipated and leading [...]

  • Season ticket holders hit by May timetable chaos have a month to claim compensation

    September 25, 2018

    Eligible season ticket holders affected by the May timetable disruption have until 30 November to reclaim compensation. Embattled operator Govia Thameslink Railway (GTR) has opened the second phase of its compensation scheme for passengers who were hit with cancellations and delays arising from the timetable overhaul in May. GTR, which operates Thameslink, Great Northern, Southern and [...]

  • Uber launches 24-hour hotline for passengers and drivers following pressure from TfL

    September 25, 2018

      Ride-hailing app Uber has launched a 24-hour hotline for drivers and customers following pressure from Transport for London (TfL) which revoked its licence last year. TfL took away Uber's licence on the grounds it was not a "fit and proper person" to hold a licence in the capital. The transport body took issue with Uber's approach to [...]

  • Piccadilly Line drivers to strike tomorrow after talks with TfL crumble

    September 25, 2018

      A three-day strike on the Piccadilly Line will go ahead tomorrow after talks between union workers and Transport for London (TfL) broke down this morning. The RMT rail union confirmed the strike by drivers will start tomorrow lunchtime through until Saturday after talks at conciliation service Acas held yesterday and into today failed. The RMT [...]

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