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Transport & Infrastructure

  • Ryanair boss to lead airline past 2019 but steers clear of five-year deal

    September 20, 2018

    Ryanair's colourful chief executive Michael O'Leary has said he will stay on past 2019 but that he would prefer to sign a 12-month rolling contract instead of a five-year deal. O'Leary, who has led the airline since 1994, was speaking at the airline's AGM, which the media was originally banned from attending. He said he would prefer [...]

  • Ryanair boss to lead airline past 2019 but steers clear of five-year deal

    September 20, 2018

    Ryanair's colourful chief executive Michael O'Leary has said he will stay on past 2019 but that he would prefer to sign a 12-month rolling contract instead of a five-year deal. O'Leary, who has led the airline since 1994, was speaking at the airline's AGM, which the media was originally banned from attending. He said he would prefer [...]

  • Network Rail spends millions fixing water leaks at revamped London Bridge station

    September 20, 2018

    Network Rail is having to spend millions of pounds digging up parts of the recently revamped London Bridge station after discovering a number of water leaks. New Civil Engineer first reported that retrofit waterproofings are now being carried out at the station despite the £1bn upgrade that was officially unveiled by the Duke of Cambridge in May. [...]

  • Network Rail spends millions fixing water leaks at revamped London Bridge station

    September 20, 2018

    Network Rail is having to spend millions of pounds digging up parts of the recently revamped London Bridge station after discovering a number of water leaks. New Civil Engineer first reported that retrofit waterproofings are now being carried out at the station despite the £1bn upgrade that was officially unveiled by the Duke of Cambridge in May. [...]

  • Transport secretary Chris Grayling: Re-nationalising UK rail network won’t solve problems

    September 20, 2018

    Transport secretary Chris Grayling today denied that re-nationalising the UK’s railways would solve transport problems that have plagued commuters this year. Calling for an overhaul of the UK’s rail network, Grayling outlined a number of possible routes after the publication of a damning report into the health of the system, but said re-nationalisation would not [...]

  • Transport secretary Chris Grayling: Re-nationalising UK rail network won’t solve problems

    September 20, 2018

    Transport secretary Chris Grayling today denied that re-nationalising the UK’s railways would solve transport problems that have plagued commuters this year. Calling for an overhaul of the UK’s rail network, Grayling outlined a number of possible routes after the publication of a damning report into the health of the system, but said re-nationalisation would not [...]

  • Investors wield knife but Ryanair survives shareholder revolt

    September 20, 2018

    Ryanair’s under-fire chair David Bonderman survived a shareholder revolt this morning, as nearly 30 per cent of investors voted against his re-election. Senior Ryanair directors Howard Millar and Kieran McLaughlin were also subject to an investor backlash, with voting approval of 78.5 per cent and 66.8 per cent respectively. Non-executive directors Charlie McCreevy and Declan McKeon also [...]

  • Investors wield knife but Ryanair survives shareholder revolt

    September 20, 2018

    Ryanair’s under-fire chair David Bonderman survived a shareholder revolt this morning, as nearly 30 per cent of investors voted against his re-election. Senior Ryanair directors Howard Millar and Kieran McLaughlin were also subject to an investor backlash, with voting approval of 78.5 per cent and 66.8 per cent respectively. Non-executive directors Charlie McCreevy and Declan McKeon also [...]

  • Kier defies expectations with strong profits as order book swells

    September 20, 2018

    Construction and services company Kier Group posted a better-than-expected nine per cent rise in profit this morning, fighting off investor fears following the collapse of competitor Carillion earlier in the year. Bolstered by a growing order book, the FTSE 250 firm’s underlying pre-tax profit jumped to £137m in the year to June, compared with £126m [...]

  • Kier defies expectations with strong profits as order book swells

    September 20, 2018

    Construction and services company Kier Group posted a better-than-expected nine per cent rise in profit this morning, fighting off investor fears following the collapse of competitor Carillion earlier in the year. Bolstered by a growing order book, the FTSE 250 firm’s underlying pre-tax profit jumped to £137m in the year to June, compared with £126m [...]

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