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Transport & Infrastructure

  • Ryanair will charge you for 10kg hand luggage from November

    August 24, 2018

    Ryanair passengers will have to make do with one item of carry-on baggage from November – unless they want to pay. The reason behind the move is "to eliminate boarding/flight delays", according to the budget airline. Nevertheless, passengers will have to pay £6 to add a 10kg cabin bag to their carry-on, with tickets otherwise [...]

  • ‘Disastrous customer service’: Luton Airport ranked worst in the UK

    August 24, 2018

    Luton Airport is the worst UK airport for passenger satisfaction, according to an annual study produced by consumer group Which? With a customer score of 35 per cent and a one star rating for its baggage drop queues and seating, the London airport was slammed by Which? for having a "disastrous customer service", as it finished bottom [...]

  • Costain awarded Network Rail contract for ‘Meerkat’ technology at level crossings

    August 23, 2018

    Costain has won a Network Rail contract to develop warning technology to save lives at level crossings. The smart infrastructure solutions company has begun developing its 'Meerkat' technology, which will detect an oncoming train and provide audible and visible warnings to alert people at level crossings. The contract would see the technology installed at level [...]

  • Crossrail marks the spot: Office rents near upcoming Elizabeth Line surge in City fringes

    August 23, 2018

    Rents for City fringe office space situated near Crossrail sites have soared as property hawks prepare to cash in on the new railway line coming to London. Grade A office rental values in Crossrail hotspots around the Square Mile have shot up far higher than neighbouring areas since 2010, according to new Savills research carried [...]

  • Crossrail marks the spot: Office rents near upcoming Elizabeth Line surge in City fringes

    August 23, 2018

    Rents for City fringe office space situated near Crossrail sites have soared as property hawks prepare to cash in on the new railway line coming to London. Grade A office rental values in Crossrail hotspots around the Square Mile have shot up far higher than neighbouring areas since 2010, according to new Savills research carried [...]

  • Ryanair shares take flight after airline reaches agreement with Forsa trade union to end Irish pilots strike action

    August 23, 2018

    Ryanair confirmed this morning that it has reached an agreement in its dispute with its Irish pilots. Shares in the airline rose 5.5 per cent at morning trading to 14p in response to the news, with the announcement a potential turning point in ongoing industrial action that has grounded flights across the summer period. Irish [...]

  • CRH earnings grow despite bad weather as constructions markets bounce back

    August 23, 2018

    Building materials company CRH has seen earnings rise despite severe weather conditions as the construction market bounces back. The world's second largest construction supplier reported sales of €11.9bn in the first half of 2018 – one per cent up on the same period last year- its underlying earnings were also one per cent up at [...]

  • Sharp rise in profits and asset values as John Laing Group’s share price jumps

    August 23, 2018

    Infrastructure investor John Laing Group’s share price climbed more than eight per cent in early morning trading, as the firm posted a rise in both net asset value (NAV) and profits for the first half of 2018. The FTSE 250 company’s NAV hit £1.51bn by the end of June, compared with £1.12bn in December last [...]

  • Southend Airport owner Stobart Group makes trio of appointments following bitter boardroom dispute

    August 23, 2018

    Stobart Group, the troubled owner of Southend Airport, today appointed a woman to its board as it looks to rebuild after a fierce boardroom row at the company.  The firm said it would appoint the co-founder of PR agency Citigate Dewe Rogerson, Ginny Pulbrook, as a non-executive director from 1 October 2018.  Its shares grew five per [...]

  • Construction industry breaks records as employment levels climb

    August 22, 2018

    The UK’s construction industry enjoyed bumper levels of employment last year, as the value of new work hit its highest level on record. More than 1.3m construction workers were employed and new work was worth £109m in 2017, smashing pre-crisis levels as a result of private sector growth, according to the Office for National Statistics (ONS). [...]

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